Capitalism
-
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
-
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
-
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
-
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
-
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
-
Looking backward autobiographically
It’s reached that time again, a time to look forward but also, for an old geezer like me to look backward. Being 96 for a while yet (until March), I can permit myself some retrospection (while noting that those two digits, if only reversed and embodied, might well have been greatly preferable. Wot-the-hell, while I… Continue reading
-
How Neoliberalism Has Wielded ‘Corruption’ to Privatise Life in Africa
In Africa, the leading forces of capitalism have ruthlessly wielded a neoliberal conception of corruption to undermine states’ sovereignty and open the continent to plunder at the hands of Western multinational corporations. Continue reading
-
Ireland election: its economic model under threat?
The Repubic of Ireland (this excludes the northern Ireland enclave which is still part of Britain) holds a general election today. Ireland has just 5m people and is part of the European Union and the Eurozone, contributing just 1% of EU27 and 3% of EU GDP. Continue reading
-
Who’s in control? A short guide to investigating corporate power
If you’re planning a campaign against a company, it’s helpful to know exactly who you’re up against. By understanding who makes the decisions, you’re better placed to devise a campaign strategy that really works. Continue reading
-
Jason Hickel: Why a Liberated Palestine Threatens Global Capitalism
Jason Hickel: Why is Palestine at the center of the climate and colonial struggle? How are capitalism and the ecological crisis linked? Who really benefits from the exploitation of resources in the Global South? At the Transnational Institute’s Ignite Festival in 2024, Jason Hickel argues that the Global North—the “Imperial Core”—is responsible for the excess… Continue reading
-
Social Media Beyond Corporate Control
Several weeks ago African Stream joined the growing list of content creators banned on social media platforms like YouTube, TikTok and Meta (Facebook, Instagram, and Threads), on crowdfunding platforms like GoFundMe, and even on payment- processing platforms like Stripe and Paypal. Stripe and all the major social media platforms except X have banned African Stream. Continue reading
-
Barbarism of Capitalism
Lenin characterised capitalism in France and Britain as “civilised barbarism,” and referred to the so-called Western civilisation as “capitalist barbarism,” driven by the “stupid avarice of a handful of millionaires” who converted people as “slaves of wealth” during the early twentieth century. He further argued that “civilisation, freedom and wealth under capitalism call to mind the… Continue reading
-
‘The visiting emperors’: How corporations conquered the world
The former Labour Party leader’s new foreword to Claire Provost and Matt Kennard’s book Silent Coup outlines his thoughts on the growing power of the private sector over society. Continue reading
-
It’s Barbarism
“It’s barbarism. I see it coming masqueraded under lawless alliances and predetermined enslavements. It may not be about Hitler’s furnaces, but about the methodical and quasi-scientific subjugation of Man. His absolute humiliation. His disgrace” Odysseas Elytis, Greek poet, in a press conference on the occasion of receiving the Nobel Prize (1979) Continue reading
-
Germany: the end of EU hegemony?
Today, elections take place in two large provincial states (Lander) in eastern Germany All the opinion polls show that the Eurosceptic, anti-immigrant, Russia-friendly parties of both the extreme right and the new left are ahead. The parties of the current Federal coalition of the Social Democrats, Greens and the so-called Free Democrats are being decimated… Continue reading
-
How US Big Tech monopolies colonized the world: Welcome to neo-feudalism
US Big Tech corporations are like feudal landlords of medieval Europe. Silicon Valley monopolies own the digital land the economy is built on, charging rents to use their privatized infrastructure. Continue reading
-
Laundering Carbon and the New Scramble for Africa
Reports suggested that Blue Carbon—a company privately owned by Sheikh Ahmed al-Maktoum, a member of Dubai’s ruling family—had signed deals promising the firm control over vast tracts of land across the African continent. These deals included an astonishing 10 percent of the landmass in Liberia, Zambia and Tanzania, and 20 percent in Zimbabwe. Altogether, the area… Continue reading
-
Resisting the New Green Colonialism
A proposed green hydrogen project in Tunisia prioritizes European energy needs over local sovereignty. Continue reading
-
THE UK LABOUR PARTY REVEALS ITS TRUE COLOURS – NOT CAMPAIGNING RED BUT ROYAL BLUE
The Labour Party’s slogan going into the elections was: “taking the brakes off the British economy.” Within 100 days the only brakes that have come off is the one holding back their lying. Suddenly, these incompetent novices have discovered an additional £22 billion black hole in the public finances though this was spotted in advance… Continue reading
-
The migraine to end all migraines
Tuesday, 27 February 2024 — The New Dark Age Continue reading