Capitalism
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The Animal Feed Industry’s Impact on the Planet
In some parts of the continental United States, you might drive through a nearly unchanging landscape for hours. Stretching for miles and miles, vast swaths of soil are dedicated to growing crops—corn, grains, fruits, and vegetables that make up the foundation of our food system. Continue reading
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Former judge Manfred Kölsch on how the EU’s Digital Services Act will end free speech
The Digital Services Act (DSA) will come into full force in Germany on 17 February 2024 as EU Regulation 2022/2065. Before this date, the Digital Services Act (DDG), which concretises the DSA, is to be passed by the Bundestag without fanfare. Continue reading
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Davos Time
Wednesday, 17 January 2024 — Pepe Escobar Davos has been immensely enlightening. Everything out in the open. War IS Peace. Ukraine is NOT losing and Russia is not winning. If you disagree with us – on ANYTHING – you will be censored for “hate speech”. We want the New World Order – whatever you peasants… Continue reading
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Almost half of UK’s young people suffering mental distress
It’s shocking but true: mental distress among young people has never been higher. Almost half of all young people now report that they face mental health problems. Continue reading
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US Congress plots to save dollar dominance amid global de-dollarization rebellion
The US Congress held a hearing titled “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency”, as countries around the world join the de-dollarization rebellion. Continue reading
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Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains
Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. Continue reading
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Michael Hudson: Why the US banking system is breaking up
The California-based, cryptocurrency-focused Silvergate Bank collapsed on March 8. Two days later, Silicon Valley Bank went down as well, in the largest ever bank run. The latter was the second-biggest bank to fail in US history, and the most influential financial institution to crash since the 2008 crisis. Economist Michael Hudson, co-host of the program Geopolitical Economy Hour, analyzes the… Continue reading
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Arguments Against Despair
Eliot Jacobson is a retired professor of mathematics and computer science who regularly appears on our Twitter feed discussing the climate crisis. He sends tweets under the grim title, ‘Your “moment of doom” for the day’. These channel the latest news on rapidly rising carbon emissions and temperatures, catastrophic examples of extreme weather, and so… Continue reading
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Radhika Desai & Michael Hudson: rise of US dollar imperialism
Saturday, 25 February 2023 — Global South The rise of US dollar imperialism, and why it failed – with Radhika Desai & Michael Hudson Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system. Transcript from https://geopoliticaleconomy.com/2023/02/10/money-dollar-system-radhika-desai-michael-hudson/: Continue reading
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The West-loving liberals slowly squeezed out of non-European Eurasia?
In many nations of the non-West there has been/is a dangerously Western liberally enamoured part of the elite, and even of the general population, that would be more than happy to act as the compradors or Quislings of the Western elites. Living a very comfortable life while selling out their nations and general populations. Many are connected to the… Continue reading
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Manifesto for an Ecosocial Energy Transition
On February 10, a collective of movements, civil society organizations, activist groups and their partners launched this Manifesto. A collective effort of dozens of groups and individuals in the Global South, the manifesto outlines the shortcomings of the status quo, “clean energy” approach of the richer countries of the Global North to the transition away… Continue reading
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Profiteering from Death
How much of Shell’s record US $40 billion profit was due to the Ukraine war and freezing Russia out of the market? If you apply the “excess deaths” methodology we became familiar with during covid, comparing profit against a running average of the previous five years, we get a figure of about $25 billion “excess profit”. Continue reading
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Ecosocialist Bookshelf, February 2023
Wednesday, 8 February 2023 — Origin: Climate & Capitalism Reading matter that really matters. Seven new books on how the world works, from cells to imperialism Ecosocialist Bookshelf is a monthly column, hosted by Ian Angus. Books described here may be reviewed at length in future. Inclusion of a book does not imply endorsement, or that… Continue reading
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Keynes and the left
The ideas and theories of John Maynard Keynes still dominate the economic views and policy proposals of the leaders of the labour movement in the major capitalist economies. Keynes is seen as offering a ‘third way’ between the pro-capitalist ‘free market’ economics that dominates the universities (and among the strategic advisers of government) and the… Continue reading
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Nestlé’s Blatant Misconduct Shows Us the Darkness of Capitalism
From inventing the need for mass-scale baby formula leading to the deaths of infants, to redirecting much needed water from impoverished areas to bottle and sell back to the same communities, to exploiting child labor and slavery, Nestlé will stoop to any moral low to make a buck. Continue reading
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‘End Stage Capitalism’: Collapsing Britain And The Climate Crisis
People in power get nervous when the population’s trust in national institutions plummets. It has often been a precursor of significant social unrest, even revolutions. Continue reading
The New Dark Age 