Capitalism
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The Five Stages of Leftism By S. Artesian
Denial. I don’t believe it. This can’t be real. I just spoke with/saw him/her/they/it and he/she/they/it looked so good. The doctors, and doctorates, were optimistic. He/she/it/they promised. Ignore the papers, ignore the press. Put cotton in your ears. Don’t say another word, I’m not listening. Continue reading
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Euro zone summit rejects emergency funds for Greece, issues austerity ultimatum By Barry Grey and Chris Marsden
Leaders of the 19 euro zone countries on Tuesday rejected appeals from Greek Prime Minister Alexis Tsipras for “bridge” loans to avert a collapse of the Greek banking system. Instead, they gave the Syriza-led government two days to submit a plan for the implementation of austerity measures decisively rejected by Greek workers and youth in… Continue reading
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Greece’s Sovereign Debt Crisis: “The Losers are the Looters”. Washington Intent Upon Blocking a Greek Exit By Dr. Paul Craig Roberts
The Greek referendum, in which the Greek government’s position easily prevailed, tells the troika (EU Commission, European Central Bank, IMF, with of course Washington as the puppet master) that the Greek people support their government’s position that the years of austerity to which Greece has been subjected has seriously worsened the debt problem. Continue reading
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Planned US Coup in Greece? By Stephen Lendman
Washington’s geopolitical strategy when bullying fails is either assassinating independent leaders, color revolutions, military coups or naked aggression. Continue reading
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Between Berlin and a Hard Place: Greece and the German Strategy to Dominate Europe By Andrew Gavin Marshall
As the United States and the rest of the world would learn, the European strategy for the debt crisis that began in Greece and spread across the eurozone would be dictated by Germany, “the undisputed dominant power in Europe.” More than five years later, the Americans are still pressuring the Europeans to resolve their debt… Continue reading
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GREECE’D: We Voted ‘No’ to Slavery, but ‘Yes’ to Our Chains By Yves Smith
As this article describes, the cheerleaders over the Greek referendum last weekend has badly misread the game in play. Tsipras is now working on a coalition basis with all parties save Golden Dawn, which means firmly pro-Eurozone parties such as To Potami and New Democracy. And as he and other party leaders promised in the… Continue reading
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Greece Rejects the Troika By Michael Hudson
European Commission President Jean-Claude Juncker threatened to expel Greece from Europe, despite no law permitting this to occur. Let us see now whether he still tries to carry out his bluff, which has been echoed by right-wing leaders throughout Europe. Continue reading
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We Interrupt This Referendum, Part 2 By S. Artesian
Tearing away, just for the moment, from Thunderdome on the Aegean–“Break a deal; face the wheel”– there’s the island commonwealth, Puerto Rico, part of the United States when that’s convenient and lucrative for the Federal government; and not part of the United States when it’s not convenient. Like now. When it has $72 billion in… Continue reading
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We Interrupt This Referendum, Part 1 By S. Artesian
Here’s all we need to know about the difference between voting “???” or “???” on the referendum in Greece: a “no” vote means, in the words of the current prime minister, “I can assure you that the next day, I will be in Brussels and there will be a deal;” a “yes” vote means that… Continue reading
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More than Twice, Less than Zero By S. Artesian
Back in January, Syriza convinced the Greek voters that it could win a write-off of the Greek sovereign debt from the Troika; that it could obtain a “significant grace period in debt servicing;” exclude public investment from the restrictions of previous agreements; rebuild the welfare state; lead the country to productive reconstruction and recovery; increase… Continue reading
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Child Tax Credits Update
Next week, George Osborne wants to take money away from her two children, and thousands more across the UK. If he gets his way, the UK’s poorest families won’t have the money they need for school uniforms, healthy food, or rent. Continue reading
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Now Playing, Limited Engagement, at the Odeon: Slick Alexis in “Illegal Illegitimate Odious”
Alexis Tsipras, one time star of student government and summer stock before graduating to bourgeois government and dinner theater, has pulled off what one of his predecessors could only dream of doing: posing the demands of the EU for the impoverishment of current and future generations as a referendum for the “people” to vote upon. Continue reading
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Child Tax Credit
30,000 of us – and rising – are working together to stop David Cameron taking money away from some of the poorest children in the country. Please will you add your name to the petition against his cuts to child tax credit? Continue reading
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Child Tax Credits: The Cruelest Cut
The government knows their plans to cut child tax credits will push more kids into poverty. So today they’re trying to cover it up – changing the definition of child poverty to hide the effects of their cuts. They’re panicking about official evidence showing that the number of children living in poverty in the UK… Continue reading
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Child Tax Credits: Spare the rich and punish the child
George Osborne is planning to cut support for children living in the poorest families in the UK. If the cut goes ahead, it would take away the special help that gives these children the chance of a happy and healthy childhood. It pays for essentials like healthy food and school uniforms. Continue reading
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Fracking Hell
21 June 2015 — 38 Degrees If you’ve ever wondered what happens when politicians cave in to dirty energy, here’s the answer: Continue reading
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Bees!
Bee-killing pesticides are currently banned, but they could be back on our fields this autumn. Liz Truss – the environment minister – is deciding whether to let this happen right now. She’ll have big money lobbyists from pesticide companies in one ear, pushing her to say yes. But together we’re making sure we’re louder than… Continue reading
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Reasons To Be Uncheerful By S. Artesian
The truth is that the debt represents the compressed whole of capitalism. More specifically, Greece’s public debt cannot be separated from its membership in the EU, from its adherence to the monetary union, from its condition of capitalism within the larger network of capitalism, all the PhDs, political economists, Marxist economists, in the world to… Continue reading
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Kissinger’s Plan: “Use Economics to Build a World Political Structure” By Andrew Gavin Marshall
It was on the 24th of May 1975 when President Gerald Ford was meeting with his Secretary of State and National Security Adviser, Henry Kissinger, easily the two most powerful political officials in the world at the time. Kissinger told the President: “The trick in the world now is to use economics to build a… Continue reading
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Ukraine Labor Dares Operation Vulture by Michael Hudson
Ukraine’s collapse since the February 2014 coup has become an umbrella for grabitization. Collateral damage in this free-for-all has been labor. Many workers are simply not getting paid, and what they actually is being paid is often illegally low. Employers are taking whatever money is in their business accounts and squirreling it away – preferably… Continue reading
The New Dark Age 