Capitalism
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IMF Seizes on Pandemic to Pave Way for Privatization in 81 Countries
76 of the 91 loans the IMF has negotiated since the beginning of the coronavirus pandemic come attached with demands for deep cuts to public services and policies that benefit corporations over people. Continue reading
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Ecosocialism and/or Degrowth?
Should the ecological left aim to reduce all consumption, or to radically transform the prevalent type of consumption? Continue reading
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Why America’s economic war on China is failing
U.S. President Donald Trump—supported by most of the U.S. establishment—deepened the U.S. government’s assault on the Chinese economy. The “trade war” seemed to play well with Trump’s political base, who somehow hoped that an economic attack on China would miraculously create economic prosperity for them. In 2018, Trump slapped tariffs on more than $200 billion… Continue reading
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Pemberstone – the company trying to demolish 70 homes in a Leeds housing estate
After a two-year long battle by families to save their homes, 70 homes in the Sugar Hill estate in Oulton, Leeds remain at risk of demolition. Pemberstone, the company that owns the land, are trying to win permission to knock down the existing homes and “regenerate” the estate with less affordable housing. Continue reading
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Bayer’s Monsanto headache persists
Efforts at settling the mass of lawsuits brought in the United States by tens of thousands of people who claim Monsanto’s Roundup herbicides gave them cancer continue to inch forward, but are not addressing all outstanding cases, nor are all plaintiffs offered settlements agreeing to them. Continue reading
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Rishi Sunak’s planned cut to benefits is much bigger than Osborne’s in 2015
Back in 2015, 3.3 million working families were on track to lose an average of over £1,000 a year from the following April. As Figure 1 shows, today, the income of roughly twice as many families is at risk, with 6 million households (containing 12 million adults and 6 million children) set to have their… Continue reading
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Gates Foundation doubles down on misinfo campaign at Cornell as African leaders call for agroecology
The Bill and Melinda Gates Foundation awarded another $10 million last week to the controversial Cornell Alliance for Science, a communications campaign housed at Cornell that trains fellows in Africa and elsewhere to promote and defend genetically engineered foods, crops and agrichemicals. The new grant brings BMGF grants to the group to $22 million. Continue reading
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Doubt is a treacherous path. We must avoid being diverted towards terminal cynicism
What I think of as the cynical left are once again berating the progressive critical left, myself included, for failing to write what they want written about Covid-19. I take this as a kind of unintended compliment: that they think we can write about their concerns better than they can themselves. Continue reading
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Why is the world going to hell? Netflix’s The Social Dilemma tells only half the story
If you find yourself wondering what the hell is going on right now – the “Why is the world turning to shit?” thought – you may find Netflix’s new documentary The Social Dilemma a good starting point for clarifying your thinking. I say “starting point” because, as we shall see, the film suffers from two… Continue reading
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Bill Gates’ Global Agenda and How We Can Resist His War on Life
The pandemic is not a war. The pandemic is a consequence of war. A war against life. The mechanical mind connected to the money machine of extraction has created the illusion of humans as separate from nature, and nature as dead, inert raw material to be exploited. But, in fact, we are part of the… Continue reading
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FinCEN – Isn’t it time to start making arrests?
By Rob Woodward: Have we not tired of their crimes? In 2008, the bank-led financial crisis led to Britain’s national debt increasing from 41 per cent of GDP in 2007 to 87 per cent in 2015. It led directly to a policy decision by George Osborne, backed by the Conservative government – called austerity. According… Continue reading
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Why we don’t need a post-Covid ‘new normal’
Six months ago, the gross, even terrifying, social and economic inequalities that were regarded as normal around the world were highlighted when Covid-19 was declared a pandemic by the Word Health Organisation. Since then, those inequalities have become even more gross and terrifying. Continue reading
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Endless War, The Militarized Police State, & The Transition Into Neo-Feudalism
If the capitalist ruling class get their way, the revolts that the U.S. and the other parts of the neoliberal world have been experiencing this last year will be only a blip in the march towards corporate domination. Their goal is to use militarism-both within the imperial core’s borders and abroad-to indefinitely keep the power… Continue reading
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A Conversation at the Edge of the Human Future
Prefatory Note: I am posting below a long interview with Konrad Stachnio on wide-ranging questions, which stretched by knowledge past its breaking point, especially in assessing where the technological innovations on the horizons will lead us. It is one of 17 conversations published by Clarity Press under the title, Civilization in Overdrive: Conversations at the… Continue reading
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Gates Foundation is Also Destroying Africa’s Food Economy
The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive… Continue reading
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From 9/11 to the Great Reset. From Al Qaeda to Covid The Virus…
11 September 2020 — Asia Times Davos types issue a new ‘with us or against us’ ultimatum eerily reminiscent of the old 9/11 world By Pepe Escobar This article was originally published on Asia Times. 9/11 was the foundation stone of the new millennium – ever as much indecipherable as the Mysteries of Eleusis. A year… Continue reading
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America’s Current Jobs ‘Great Depression’
Two well-known and highly respected mainstream economists, Carmen Reinhart, a chief economist for the World Bank, and Vincent Reinhart, chief economist for Morgan Stanley bank, have recently published an article in the widely read capitalist source, Foreign Affairs, entitled ‘The Pandemic Depression’. Arguing primarily from a global perspective, the economists have concluded the US economy… Continue reading
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The protracted crisis of capitalism
THERE is a commonly-held view that the current crisis in capitalism, which has resulted in a massive output contraction and increase in unemployment, is because of the pandemic; and that once the pandemic gets over, things will go back to “normal”. Continue reading
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UN Forced to Admit Gates-funded Vaccine is Causing Polio Outbreak in Africa
This really should be one of the biggest public health scandals of the decade, but instead it’s given little attention – mainly because of the high-profile nature of the people and organisations involved. The United Nations has been forced to admit that a major international vaccine initiative is actually causing a deadly outbreak of the… Continue reading