Capitalism
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Labour’s John McDonnell embraces Blairite “new economy” plan By Laura Tiernan
Its authors present a damning picture of falling living standards, stagnating wages, a wealth divide between London and the regions, and 40 years of declining investment in the real economy while financial wealth and CEO pay has soared. However, the claims made that the plan marks a historic “paradigm shift” that would overturn decades of… Continue reading
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The implications of US-China trade war By Nick Beams
The US is demanding that the trade deficit with China be reduced, but the conflict does not merely centre on that issue. China has made offers to increase its imports from the US, all of which have been rejected. The key US demand is that the Chinese government completely abandon its program of economic development… Continue reading
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Economist magazine calls for soldier MPs to lead UK By Julie Hyland
The New Statesman tells us: “Perhaps the battlefields of Afghanistan and Iraq will help to produce a new type of one-nation politics that can bring Britain back together after the shocks of the financial crisis and Brexit” Continue reading
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Chevron Arbitration Ruling Against Ecuador ‘Completely Off Base’
A secret corporate arbitration panel in the Hague ruled that Ecuadorean courts’ $9.5 billion judgement against Chevron for environmental damages is illegal and should not be enforced. We speak to the plaintiffs’ lawyer Steven Donzinger about the ruling (inc transcript) Continue reading
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America: The Farewell Tour – Part One
In a conversation about his new book America: The Farewell Tour, Chris Hedges tells journalist, Hugh Hamilton, the country’s institutions and practices rooted in an economic system of capitalism, are unraveling while also making a call for action. Continue reading
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Trumponomics: Is Post-Fordism on Reverse Gear? By K M Seethi
US President Donald Trump has been speaking with hyperbole, over the last several months, that his ‘trade war’ with China, tough bargains with the European Union as well as the emerging economies (like India) would bring the ‘American glory’ back, besides generating more jobs in his country. More recently, Trump rolled out a red carpet… Continue reading
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To overcome climate paralysis, unite for system change By Victor Wallis
Hundreds of millions of people who should – and could – be waging the battle of and for their lives, are instead propelled by a structured inertia, part “practical” and part ideological, to continue with their daily routines – of heating or cooling, driving, flying, over-indulging in one or another addiction, and acquiescing in wars… Continue reading
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Global Breaking News on GMOs and Pesticides 30 August 2018: Monsanto/Bayer/Agent Orange
30 August 2018 — Sustainable Pulse Editors’ picks Are Banned Drugs in Your Meat? Ketamine – a hallucinogenic party drug and experimental antidepressant. Phenylbutazone – an anti-inflammatory deemed too risky for human use. Chloramphenicol – a powerful antibiotic linked to potentially deadly anemia. All these drugs are prohibited in beef, poultry, and pork consumed in… Continue reading
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Doomed Prospects for Achievement of UN Sustainable Development Goals by 2030 By Carla Stea
Funds Squandered on Military-Industrial Complex Are Indispensable for Success Criminal UN Security Council Authorized Military Actions and Sanctions are Gross Violation of Sustainable Development Goals and Obliterate all Hope For Attainment of SDGs Continue reading
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Imperialism and Its Accomplices: Selected Articles
27 August 2018 — Global Research News Imperialism and Its Accomplices: The Question of Dictatorship and Democracy at Home and Abroad By Prof. James Petras, August 27, 2018 One of the most striking world historic advances of western imperialism (in the US and the European Union) is the demise, disappearance and dissolution of large scale long-term anti-imperialist… Continue reading
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Yet Another Appeal for “Green” Capitalism, Annotated By Stan Cox
The Guardian recently published an opinion piece by its economics editor Larry Elliott, in which he argued that capitalism can rescue civilization from the global climate emergency. Here are excerpts, with Stan Cox interrupting. Continue reading
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Monsanto Loses Landmark Roundup Cancer Trial, Set to Pay USD 289 Million in Damages
Monsanto has lost a landmark cancer trial in San Francisco and has been ordered by the Judge to pay over USD 289 Million in total damages to the former school groundskeeper Dewayne Johnson, a California father who has non-Hodgkin’s lymphoma, which was caused by Monsanto’s glyphosate-based weedkiller Roundup. Continue reading
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Global Species Extinction: Humans Are Now the Asteroid Hitting the Earth By Shane Quinn
The rate of global species extinction is today roughly what it was 66 million years ago, after an asteroid six to nine miles across careered into south-eastern Mexico, quickly wiping out the dinosaurs and much else. The force of the asteroid, which struck the planet at the end of the Cretaceous period, was over a… Continue reading
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Extreme Heat Could Make One Third of Planet Uninhabitable
Climate scientist Michael Mann says that, under a business-as-usual scenario, the mass displacement of vulnerable populations could trigger an unprecedented national security crisis (inc. transcript) Continue reading
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Lost in a Brexit Maze: a Baffled Political Class Dreads the Prospect of Jeremy Corbyn By Alexander MERCOURIS
It is fair to say that Theresa May’s Brexit plan ( two years in the making and details still to be worked out), which proposes a relationship between Britain and the EU similar to those agreed by Ukraine and Moldova, satisfies no-one. Continue reading
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An engineer, an economist, and an ecomodernist walk into a bar and order a free lunch . . . By Stan Cox
Stan Cox says ecomodernists are far better at inventing technological fantasies than at finding ways to solve environmental crises Continue reading
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Obama Joins Club of the Super-Rich – Defends Global Capitalism in Lecture
Prof. Leo Panitch and Paul Jay discuss Obama’s Mandela lecture; Obama wants the impossible – a world where the super-rich give up “a little” and there is no massive inequality (inc. transcript) Continue reading
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Jeff Bezos’ Paper Tells You Not to Worry About Those Billionaires by Dean Baker
Just when you thought economic commentary in the Washington Post couldn’t get any more insipid, Roger Lowenstein proves otherwise. In a business section “perspective” (7/20/18), he tells readers: But what if inequality is the wrong metric. Herewith a modest proposition: economic inequality is not the best yardstick. What we should be paying attention to is… Continue reading
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Book Review: Red-Green Revolution: The politics and technology of ecosocialism
For 20 years, Victor Wallis was managing editor of the journal Socialism and Democracy, and he has been writing about ecological issues, from a Marxist perspective, for longer than that. He has a well-earned reputation for clear thinking and writing about capitalist eco-destruction and how we can stop it. Continue reading