Capitalism
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World Systems and Capitalism: Immanuel Wallerstein’s Legacy by Dr Binoy Kampmark
“The dead albatross that hangs around our neck is our legacy of arrogance, racism. And we must struggle to atone, to reconstruct, to create a different historical system.” So wrote the late sociologist and thinker Immanuel Wallerstein in unequivocal tones of repentance on Europe’s legacy, its “oldest disgrace.” Continue reading
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Divisions between major powers widen at G7 summit By Nick Beams
The G7 meeting held in France over the weekend marks another stage in the breakdown of the post-war capitalist order with the major imperialist powers becoming embroiled in a series of conflicts of the kind that led to the outbreak of World War II eighty years ago. Continue reading
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Trump’s Other Wall By Jack Rasmus
Trump brags about the ‘wall of money’ now flowing into the US from abroad–from Europe, Asia, emerging market economies–as the global economy slides into recession there faster than in the US. He thinks that is great news for the US economy. But it’s quite the opposite. Continue reading
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Boris Johnson, GMOs and Glyphosate by Colin Todhunter
The never-ending push to force GM on the public under the guise of saving humanity is a diversion that leaves intact the root causes of world hunger and undernutrition: neoliberal deregulation and privatisation policies, unfair WTO rules, poverty, land rights issues, World Bank/IMF geopolitical lending strategies and the transformation of food secure regions into food… Continue reading
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Jeff Bezos’s Politics By Eric Zuesse
Jeff Bezos is the owner of the daily newspaper in Washington DC, the Washington Post, which leads America’s news-media and their almost 100% support of (and promotions for) neoconservatism — American imperialism, or wars. This includes sanctions, coups, and military invasions, against countries that America’s billionaires want to control but don’t yet control — such… Continue reading
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It’s all going pear-shaped
With perfect timing, just as the summit meeting of the leaders of the top capitalist economies (G7) met in Biarritz, France, China announced a new round of tariffs on $75bn of US imported goods. This was in retaliation to a new planned round of tariffs on Chinese goods that the US planned for December. US… Continue reading
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Gangster Capitalism
By Robert Woodward – TruePublica: There are some standout failures of the privatisation model in Britain that was sold to the public as some sort panacea to all the failings of state-owned assets. Since 2010, more state-owned assets have been sold since the 1930s – where £1trillion of national wealth has been handed over to… Continue reading
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Suddenly West is Failing to Overthrow “Regimes” By Andre Vltchek
It used to be done regularly and it worked: The West identified a country as its enemy, unleashed its professional propaganda against it, then administered a series of sanctions, starving and murdering children, the elderly and other vulnerable groups. If the country did not collapse within months or just couple of years, the bombing would… Continue reading
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Recessions, monetary easing and fiscal stimulus
As the stock markets of the world gyrate up and down like a yo-yo, all talk in the financial media is on whether a new global recession is coming and when. The financial pundits search for economic or financial indicators that might guide them to tell. The favourite one is the ‘inverted bond yield curve’. … Continue reading
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Offering Choice but Delivering Tyranny: The Corporate Capture of Agriculture by Colin Todhunter
Many lobbyists talk a lot about critics of genetic engineering technology denying choice to farmers. They say that farmers should have access to a range of tools and technologies to maximise choice and options. At the same time, somewhat ironically, they decry organic agriculture and proven agroecological approaches, presumably because these practices have no need for… Continue reading
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Ecosocialist Bookshelf, August 2019
New books for reds and greens. How the Richest Drive Climate Change; Planning from Below; The Scottish Clearances; Slime; Here Comes the Sun; Eco-Socialism and Practical Utopias Continue reading
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Nearly five million people in the UK live in “deep poverty” By Dennis Moore
A study by the Social Metrics Commission (SMC) finds that more than 4 million people in the UK are mired in “deep poverty,” with an income at least 50 percent below the official poverty line. Many families in this bracket struggle to pay for the most basic essentials. Continue reading
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Dominic Cummings and the Downing Street Plan of chaos
By TruePublica: The man behind shaping Boris Johnson’s premiership, the architect of Vote Leave, Brexit and the U.K.’s future in the world also wants radical change in the way Britain is run and to rebuild world politics. This vision includes seeing the destruction of the European Union, the biggest trading bloc in the world and… Continue reading
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UK: Record £9.2 billion of NHS budget handed to private firms By Ben Trent
The Department of Health and Social Care’s annual report reveals that last year saw a record £9.2 billion of the National Health Service (NHS) budget going to private investors, such as Virgin Care and Priory mental health group. Continue reading
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The Misanthropic Bankers Behind the Green New Deal By Matthew Ehret
A vast sweeping change towards a “green economy” is now being pushed by forces that may make an educated citizen rather uncomfortable. Continue reading
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Warnings ancient and modern by Victor Grossman
The wise priest Laocoön, old legends say, vainly warned against the famous “Trojan horse”. A hostile god sent giant serpents which strangled him and the big wooden present was opened. The soldiers hidden inside opened Troy’s gates so the Greek battalions could rush in, kill the men, enslave the women and destroy the city. Its… Continue reading
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UK government is pushing ahead with extreme US trade deal
By TruePublica: Currently, Britain has a Prime Minister who was elected not by the public, but by around 90,000 Conservative party members. With a majority in the House of Commons of just one seat, without any real political mandate, Britain is being pushed towards a hard Brexit. In little more than 80 days – it… Continue reading
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The World Is Uniting For International Law, Against US Empire
That is not Cuba, Nicaragua, Iran, Russia, or China talking about the most recent unilateral coercive measures imposed by the United States against Venezuela, i.e. economic sanctions that have become an economic blockade, but the European Union. Even allies who have embarrassed themselves by recognizing the phony “interim president” Juan Guaido are saying the US has… Continue reading
The New Dark Age 