Capitalism
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Falling building debris causes injuries and deaths while profits mount for UK developers By Charles Hixson
Last month, a 53-year-old father, Mike Ferris, became the latest fatality of the frenzied corporate construction industry. Ferris, a coach driver for Clarkes of London, had just used the toilet at the Riverbank Plaza when he was struck by a windowpane falling 250 feet from the penthouse level of the 27-storey Corniche tower block. Continue reading
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US Mass Mobilizations: Wars and Financial Plunder By James Petras
Introduction: Over the past three decades, the US government has engaged in over a dozen wars, none of which have evoked popular celebrations either before, during or after. Nor did the government succeed in securing popular support in its efforts to confront the economic crises of 2008 – 2009. Continue reading
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The Global Financial Crime Wave Is No Accident By Nat Dyer
From the LIBOR-rigging scandal to the offshore secrets of the Panama Papers and ‘dark money’ in the Brexit vote, it is everywhere. In my recent work with anti-corruption group Global Witness, I saw first-hand how ordinary people in some of the world’s poorest countries suffer the consequences of corruption and financial crime. Continue reading
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Liar Liar By John Steppling
Trump grew up with an abusive authoritarian father, one who humiliated and belittled the boy Trump, and the world of that boy was one of cruelty and abuse. And if that is the only world you know growing up, that is the world you will see everywhere around you later. And the only way to… Continue reading
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You Can Always Tell By S.Artesian
Leading indicator: Here’s how you know when an upturn in the economy is beyond its peak, has run its course; that the wolf at the door is actually a bear; that it’s time to head for the exits before they get nailed shut; that the next big thing in this world of, by, and for… Continue reading
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New maps of land destruction show why caravans flee Central America
A new map developed at the University of Cincinnati illustrates one motivating force behind migrant caravans leaving Guatemala and Honduras to reach the United States. Continue reading
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President Trump’s Presidency: Results and Perspectives
20 November 2018 — James Petras Introduction: We need an objective evaluation of the President’s foreign and domestic polices – the means, the goals, their results and consequences. The Trump performance requires we discuss the style and substance of foreign and domestic policies. We will ignore the fly swatting by Trump critics who ply peripheral… Continue reading
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UN says millions in Britain deliberately plunged into “great misery” By Robert Stevens
The report on poverty and human rights in Britain by United Nations Special Rapporteur Philip Alston is an extraordinary depiction of the social catastrophe devastating the working class. Continue reading
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Herbicides undermine antibiotics, threaten medical care
Researchers in New Zealand have found that bacteria develop antibiotic resistance up to 100,000 times faster when exposed to the world’s most widely used herbicides, Roundup (glyphosate) and Kamba (dicamba) and antibiotics compared to without the herbicide. Continue reading
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City of London Corporation reneges on its social housing pledge By Charles Hixson
21 November 2018 — WSWS The City of London Corporation announced in 2015 that they would build 3,700 new council homes by 2025. So far just 62 have been built! The London Evening Standard reported that only 900 structures, less than a fourth of the goal, would be completed by 2025. This projection, quietly released in… Continue reading
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The Global Rise of Fascism: Capitalism End Game? By Gilbert Mercier
It is everywhere. In a few years, it has metastasized like a cancer, on all continents. Its fervent proponents and ill-informed supporters call it populism or nationalism. In the Italy, Germany, or Spain of the 1930s, however, this ideology of exclusion and fear, defined by a hatred of the other, together with a tyrannical executive… Continue reading
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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
The New Dark Age 