Capitalism
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UK: still winter, no sign of spring
The UK government’s Spring statement on spending was as expected – really awful. First, Chancellor Rachel Reeves had to accept that the 2025 real GDP growth estimate will be half the rate previously forecast, halved to 1% from 2% by the government’s official forecaster, the Office for Budget Responsibility (OBR). In addition, Reeves had to… Continue reading
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US VP JD Vance admits West wants Global South trapped at bottom of value chain
US Vice President JD Vance made it clear that the West wants to keep poor Global South countries trapped at the bottom of the global value chain, through monopolistic control of advanced technologies. Continue reading
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From welfare to warfare: military Keynesianism
Warmongering has reached fever pitch in Europe. It all started with the US under Trump deciding that paying for the military ‘protection’ of European capitals from potential enemies was not worth it. Trump wants to stop the US paying for the bulk of the financing of NATO and providing its military might and he wants… Continue reading
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Our ruling oligarchs have made class war inevitable, & the response to Luigi shows where the masses will side in this
There is no stopping the social trend that Luigi Mangione represents, because he’s the kind of person who emerges in a situation of tremendous class-based injustice. This is something we need to understand about the conditions we’re now in: it’s inevitable that these conditions will produce a wave of political unrest, comparable to the “Years… Continue reading
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The farcical fate of the corporate droid and their Cadmean victories
In 2018, David Graeber made the term ‘bullshit jobs’ famous, arguing that over half of societal work is pointless and becomes psychologically destructive when paired with a work ethic that associates productivity with self-worth. Now with the advent of AI and quantum computing, the need for human labour and, in fact, human cognition in the… Continue reading
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Tariff Mania: Let the Tariff Games Begin …
US corporations and US investors have based their business strategies on the fundamental belief that the US state will always use its power to force open other nations to free trade, while at the same time generally practising free trade itself. A belief that has proven correct since WW2, and has been the basis upon… Continue reading
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Trump’s MAGA and deregulation
Trump sees the United States as just a big capitalist corporation of which he is chief executive. Just as he did when he was the boss in the TV show, the Apprentice, he thinks he is running a business and so can employ and fire people at his whim. He has a board of directors… Continue reading
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This month: Exploring Global Resistance and the Impact of Trump’s Second Term
Friday, 28 February 2025 — Transnational Institute In this month, we explore pressing global struggles, from border imperialism in the Maghreb to community resistance against extractivism in Ecuador. Additionally, we highlight crucial discussions on Palestine and the effectiveness of the BDS movement, featuring Francesca Albanese’s insights on historical injustices and Omar Barghouti’s analysis of Continue reading
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Lessons From The 1960s Global Revolt
The global revolt of the 1960s offered hope for liberation from capitalism, a hope that was not fulfilled. To succeed this time, we must address four questions: Continue reading
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Exposing the big con: The false promise of Artificial Intelligence
The leading big tech companies are working hard to sell Artificial Intelligence (AI) as the gateway to a future of plenty for all. And to this point they have been surprisingly successful in capturing investor money and government support, making their already wealthy owners even wealthier. However, that success doesn’t change the fact that their… Continue reading
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The Plot Against America
8 February 2025 — Notes form the Circus [Creepy stuff and if true, frightening! WB] How a Dangerous Ideology Born From the Libertarian Movement Stands Ready to Seize America Mike Brock As I write this in early 2025, a quiet revolution is unfolding within the U.S. government. Inside the newly created Department of Government Efficiency Continue reading
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The politics of gold: Economist Michael Hudson explains why gold’s price is rising so much
Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the precious metal, and the dynamics of the US dollar system. He is interviewed by Ben Norton. Continue reading
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Geopolitics of Capitalism – State of Power 2025
Wednesday, 12 February 2025 — The Transnational Institute Geopolitical rivalry is reshaping our world, as reactionary nationalists rise to power and global tensions mount. Our 13th State of Power report explores the shifting global order—questioning whether we are witnessing the decline of US imperialism and the rise of a Chinese empire, how nationalism is reshaping neoliberal Continue reading
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AI is bad for the environment, and the problem is bigger than energy consumption
Artificial intelligence technologies, like chatbots, are attracting growing scrutiny for their voracious energy demands. However, energy consumption is only one part of their broader environmental impact. Continue reading
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US tech CEOs admit they want AI monopoly & ‘unipolar world’, blocking China’s competition
US Big Tech oligarchs fear Chinese AI companies like DeepSeek. Billionaire Trump backer Peter Thiel admits they want monopolies: “competition is for losers”. Anthropic CEO wants a US “unipolar world”. Continue reading
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Trump’s Balance-of-Payments War on Mexico, and the Whole World
The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance partners, would find themselves in a scrape in some country, and Bing would get out of it by selling Bob… Continue reading
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An Ecological Civilization Will Have to Be Socialist
Ian Angus is editor of the online ecosocialist journal Climate & Capitalism and a founding member of the Global Ecosocialist Network. He is the author of Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System (Monthly Review Press, 2016) and, most recently, The War Against the Commons: Dispossession and Resistance in the… Continue reading
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WEF Davos 2025 – More Grotesque Than Ever. Robotizing and Depopulating
The usual World Economic Forum (WEF) show that captures and dominates all of Davos for a week starts on Monday, 20 January and lasts until Friday, 24 January. It is an ever-increasing nuisance for the population of Davos, an otherwise lovely winter resort place, converted every year into a high-end bordello – for the little… Continue reading
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The rule of the Oligarchs and Machines is here
Ordinary humanity faces an emerging threat from the combined might of the Human Elites (billionaires and the military-political class) working with perhaps the greatest power the planet has ever seen: artificial intelligence. Their combined might has the potential to totally screw us. Happy New Year everyone. Continue reading
The New Dark Age 