Capitalism
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Microsoft vs Indian Farmers: Agri-Stacking the System
In April, the Indian government signed a Memorandum of Understanding (MoU) with Microsoft, allowing its local partner CropData to leverage a master database of farmers. The MoU seems to be part of the AgriStack policy initiative, which involves the roll out of ‘disruptive’ technologies and digital databases in the agricultural sector. Continue reading
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UK Crony Capitalism: Tuesday in Court
On Tuesday, our legal challenge to the PPE procurement scandal will be heard in the High Court. It’s the first day of a mammoth five day hearing. Continue reading
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Modern Marxist Monetary Theory or MMMT
MMMT has to solve two issues. Firstly, how can token money, that is money without any intrinsic value, circulate valuable commodities. Secondly, why do prices not fall in line with the cheapening of production in terms of labour time when circulated by this symbolic money. This article briefly addresses these two questions. Continue reading
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Some notes on the world economy now
The IMF foresees a strong economic recovery. The assumption is that the virus can be controlled to such an extent that lockdowns and social distancing are no longer necessary. This is mainly due to the vaccination campaigns. Continue reading
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G7 or failed colonial powers telling the world what to do
G7 are a bunch of western countries—the US, UK, France, Germany, Japan, Italy and Canada—who believe that they have the “civilizational” mandate to tell the world how it should be run Continue reading
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South Africa: Blame for May Day’s bare whimper
May Day 2021 has come and gone, without much of a whimper, let alone a bang. And it is the novel coronavirus that is only marginally responsible. Because there would not have been much of a bang even without the pandemic. Continue reading
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UK Crony Capitalism: It never stops
Good Law Project has uncovered remarkable evidence that a Tory Minister brought a former Chair of the Tory Party, a man who now runs a lobbying firm, into the heart of Government to work on the massive multi-billion PPE procurement process. Having got his feet under the table that former Chair lobbied to win PPE… Continue reading
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Dr. Romeo F. Quijano [series]: Covid-19: Militarism & Big Money Trampling Humanity [Part 3]
12 May 2021 — Wrong Kind of Green By Romeo F. Quijano, M.D., Professor (Ret.), Department of Pharmacology and Toxicology, College of Medicine, University of the Philippines Manila Romeo F. Quijano, M.D. “The Covid-19 spectre, vaccine mania, deceptive remedial schemes and brutal, anti-people pandemic responses created by militarism and big money have shoved by the… Continue reading
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Dr. Romeo F. Quijano [series]: Should We Take the Vaccine Against Covid-19 [Part 2]
“The credibility of the CDC, WHO, public health authorities and mainstream health professionals have been seriously eroded because of corporatization, conflicts of interests, dishonesty, corruption and misrepresentation. People have good reasons to be wary of vaccines. Too much reliance on vaccines to address infectious diseases is not congruent with the current body of scientific knowledge… Continue reading
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Dr. Romeo F. Quijano [series]: Beware the Vaccine for Covid-19 [Part 1]
There seems to be a strong presumption that the ultimate answer to the Covid-19 pandemic is a vaccine. People are made to believe that a magical vaccine is in the offing and the world will be saved from the pandemic. Bill Gates and Big Pharma push hard to hasten vaccine development. The WHO and most… Continue reading
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Identity politics is blind to property relations
A minority can only rule a majority using two conscious levers. To co-opt and corrupt the leadership and thinkers of the working class. To divide the working class. What is breath taking over the last thirty years is how this corruption and these divisions have fused together in the form of the pervasive ideology of… Continue reading
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Marx on technology
The longest chapter in Capital is the fifteenth, on “Machinery and Large-Scale Industry.” At almost 150-pages, it’s really a book in itself, a staggeringly dense and expansive discussion that could easily standalone—not only as a brilliant exegesis of capitalist machinery, but also as a sweeping social history of technology. At its broadest reach, the chapter… Continue reading
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Inflation and financial risk
Is inflation coming back in the major capitalist economies? As the US economy (in particular) and other major economies begin to rebound from the COVID slump of 2020, the talk among mainstream economists is whether inflation in the prices for goods and services in those economies is going to accelerate to the point where central… Continue reading
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UK Crony Capitalism: Misleading Parliament
On 22 February, in the aftermath of the High Court finding that Matt Hancock had broken the law by failing to publish PPE contracts, Boris Johnson told Parliament this: “the contracts are there on the record for everybody to see” and “all the details are on the record” But what he told Parliament was just not true. A large… Continue reading
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Space Colonization Is A Capitalist Perception Management Op
Elon Musk and Jeff Bezos are in a dispute with NASA over whose private space exploration corporation will get the $2.9 billion US government contract to return to the moon. I gleaned this annoying piece of information by way of an obnoxiously sycophantic Atlantic puff piece titled “Elon Musk Is Maybe, Actually, Strangely, Going to Do This Mars Thing”, subtitled… Continue reading
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Biden uses first major address to lay out his program for the working class
In his first speech to a joint session of Congress on April 28, Joe Biden made the calculation that he needed to directly address the needs of the working class. “20 million Americans lost their jobs in the pandemic – working- and middle-class Americans. At the same time, the roughly 650 billionaires in America saw… Continue reading
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60-70% of world’s attention focused on just 10 online domains, according to latest research
Alarming new research into the online economy has found that just 10 domains command the majority of the world’s attention and are on course to grab even more in the coming years. Continue reading
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“Digital” workers don’t delete Marx on May Day
“Digital” economy and work, like the imagined and claimed “4th industrial revolution”, are mesmerizing many scholars that lead them to chorus: “Blue-collars are gone, gone are smoke spewing chimneys, so is Marx”. But, do facts support those scholars’ choir “Cancel Marx” even if data related to blue-collar employees are ignored? Continue reading
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Learning from the mistakes of the USSR
Capitalism is the first, but not the last industrial society in history. This remarkable but cruel mode of production has its feet in the era of the horse drawn carriage and its head in satellites orbiting planets and even exiting our solar system. What took months now takes hours, what took the efforts of thousands… Continue reading
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UK Crony Capitalism: The Judgment is in
Good Law Project is today able to reveal the names of four more companies awarded contracts through the VIP lane: Clandeboye Agencies, P14 Medical, Luxe Lifestyle and Meller Designs. Continue reading
The New Dark Age 