Capitalism
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“Macron is the president of the rich”: “Yellow Vest” protesters speak out
On Monday, the powerful protests in France against inequality and government austerity continued in numerous regions across the country. Tens of thousands of participants in the “Yellow Vest” demonstrations maintained roadblocks and barricades. Traffic was heavily affected in the major cities. Bordeaux was practically brought to a standstill throughout the morning, and numerous important highways… Continue reading
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Why Britain will take the Brexit deal, in five charts By David P. Goldman
The UK’s Economic fundamentals are in some ways worse than Italy’s, and British spite for EU rules is not enough to risk ‘hard-Brexit’-fueled capital flight Continue reading
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Michael Hudson: “Moral Hazard” vs Mutual Aid – How the Bronze Age Saved itself from debt serfdom
The Naked Capitalism discussion of John Siman’s review of my new book “and forgive them their debts”: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Years quickly slipped into a discourse about modern economies and whether it was moral to cancel the debts of people who are in arrears, when some people… Continue reading
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GMO Propaganda and Neoliberalism vs Localisation and Agroecology By Colin Todhunter
What people communicate is a matter of choice. But what can be more revealing are the issues they choose to avoid. There are certain prominent pro-GMO activists who describe themselves as ‘science communicators’. They hit out at those who question their views or who have valid criticisms of GM technology and then play the role… Continue reading
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The only answer to Brexit is the United Socialist States of Europe By Chris Marsden
Brexit is a fight over Britain’s geostrategic orientation and economic and political alliances, amid developing protectionism and trade war and an eruption of militarism. Every faction—whether pro- or anti-EU membership or urging some form of continued relations with the EU—is viciously opposed to the interests of the working class. Continue reading
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Capitalism: A Crime Story
Harry Glasbeek is an award-winning author of many titles and is a law professor who once taught a notoriously popular course at Osgoode Law School: The Corporation as Criminal. His latest books have been called “profound and fascinating” by Linda McQuaig. He has also been lauded as a “fearless, daunting crusader for the public good… Continue reading
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Chris Hedges and David Harvey: The Ideology of Neoliberalism is a Con, Parts 1 & 2
David Harvey, Distinguished Professor of anthropology and geography at City University of New York and author of A Brief History of Neoliberalism argues with Chris Hedges that Neoliberalism, the manta of the global corporate elites, has created the worst income inequality in American history. Continue reading
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BREXIT – Finally Laid Bare For All To See By Graham Vanbergen
The dream of Brexit, that of the so-called ‘ultras,’ the buccaneering Brexiteers is finally being laid bare for what it really is – a fantasy. The tally of Theresa May’s appointments who have walked out has now reached 18. The record-setting turnover rate in Theresa may’s government is only trumped in the democratic West by… Continue reading
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Brexit Agreement: A Deal Between German Manufacturing and UK Finance Sectors
As Britain’s Theresa May inches closer towards a final Brexit agreement, for leaving the European Union, behind the scenes it is not quite the compromise politicians and the media make it out to be, says economist John Weeks Continue reading
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The neoliberal order is dying. Time to wake up By Jonathan Cook
In my last blog post I argued that power in our societies resides in structure, ideology and narratives – supporting what we might loosely term our current “neoliberal order” – rather than in individuals. Significantly, our political and media classes, who are of course deeply embedded in this neoliberal structure, are key promoters of the… Continue reading
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Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s new book And Forgive Them Their Debts
To say that Michael Hudson’s new book And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Year (ISLET 2018) is profound is an understatement on the order of saying that the Mariana Trench is deep. Continue reading
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Brexit deal threatens survival of May government By Robert Stevens
The draft agreement struck between the European Union (EU) and Prime Minister Theresa May’s negotiating team has been denounced on all sides. May’s fate depends most immediately on the size of a rebellion by the hard-Brexit wing of her party. But based on anything other than the most optimistic assessment, there is little likelihood of… Continue reading
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Google absorbs subsidiary with access to NHS patient data
TruePublica Editor: American behemoths such as Google, Facebook and other transnational corporations are now so big that ethics plays second fiddle to profit and legislators feel somehow emasculated to act in the public interest. Revolving doors obviously plays a role in the cesspit of modern day politics. These transnationals are breaking all the rules where… Continue reading
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Britain: the Brexit bombshell By Rob Sewell
Finally, after months of fraught negotiations, the UK-EU negotiators have come up with a proposed deal. Written on the side, however, are instructions: light the blue touchpaper and stand well clear. All hell is about to break loose. From the point of view of big business, the draft deal is not too bad, tying the… Continue reading
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Italian debt crisis haunts Europe By Fiona Lali
A crunch point is approaching in the ongoing saga surrounding the highly-indebted Italian economy. This could spark a revival of the dormant euro crisis. Continue reading
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Cultural Imperialism: Linguistic Perversion and Obfuscation of Empire Building
Introduction: In the contemporary world, western imperialist propagandists, particularly journalists and editors of the mass media, have resorted to perverting everyday concepts and the language of politics. Continue reading
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Marxist ecosocialism and the value debate
For nearly two centuries, socialist theory has grown and tested itself through debates. Marx and Engels responded to other radical views in The Poverty of Philosophy, most of Capital, Anti-Duhring and other works. Rosa Luxemburg did the same in The Accumulation of Capital: An Anti-Critique; so did Lenin in The State and Revolution. Continue reading
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War Criminals in High Office Commemorate the End of World War I By Prof Michel Chossudovsky
In a bitter irony, several of the World’s leaders who were “peacefully” commemorating the end of World War I in Paris including Trump, Netanyahu, Macron and May are the protagonists of war in Afghanistan, Palestine, Syria, Libya, Iraq and Yemen. Continue reading
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Great powers commemorate First World War, and plan the next one
Over the past weekend, the leaders of the world’s great powers met in France to commemorate the official end of World War I. German Chancellor Angela Merkel, French President Emmanuel Macron and US President Donald Trump pulled long faces, hugged each other and gave speeches lamenting the “horror” and “tragedy” of a war that claimed… Continue reading