Capitalism
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Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud. And More Fraud Is in the Works By Dr. Paul Craig Roberts
In his analysis of the June Labor Data from the Bureau of Labor Statistics, John Williams (www.ShadowStats.com) wrote that the 288,000 June jobs and 6.1% unemployment rate are “far removed from common experience and underlying reality.” Payrolls were overstated by “massive, hidden shifts in seasonal adjustments,” and the Birth-Death model added the usual phantom jobs. Continue reading
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Video: The Face of Imperialism-Michael Parenti- Parts 1 and 2
One of the most eloquent and lucid scholars of our time on the disease called imperialism. Continue reading
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Acquiescing to Big Biotech: Relentless Drive to Force GMO Crops into Britain By Colin Todhunter
A report just published by the Environment, Food and Rural Affairs (EFRA) Committee on food security in Britain supports Environment Secretary Owen Paterson’s plan to push ahead with growing genetically modified (GM) crops in England. However, it doesn’t mention which crops would actually be grown. Continue reading
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UK: Political Party Funding – Billionaires and Lobbyists at Lavish Party with David Cameron By Nick Mathiason, Melanie Newman, and Tom Warren
Today, the Bureau can reveal the billionaires, lobbyists and foreign interests who attended one of the most important private Conservative party fundraising events. Continue reading
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UK: Labour Party targets unemployed youth for benefit withdrawal By Joe Mount
The opposition Labour Party will end the entitlement to unemployment benefits for those aged between 18 and 21 if it comes to power, leader Ed Miliband announced. The punitive policy means that youth without A-levels or equivalent qualifications would lose their income unless they enrol in vocational training courses. Only those with qualifications would retain… Continue reading
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The Complete History of Monsanto, “The World’s Most Evil Corporation” By E Hanzai
Of all the mega-corps running amok, Monsanto has consistently outperformed its rivals, earning the crown as “most evil corporation on Earth!” Not content to simply rest upon its throne of destruction, it remains focused on newer, more scientifically innovative ways to harm the planet and its people. Continue reading
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The Soaring Profits of the Military – Industrial Complex And the Soaring Costs of Military Casualties By James Petras
The launch of two major wars by the US government had two major beneficiaries, one domestic and one foreign. The three major weapons manufacturers, Lockheed Martin (LMT), Northrop Grumman (NOG) and Raytheon (RTN) have delivered record-shattering returns to investors, CEOs and investment banks during the past decade and a half. Continue reading
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Poll spotlights British economic insecurity By Julie Hyland
A poll by the Guardian /ICM turned what the newspaper described as a “spotlight on the anxiety of a nation.” The poll underscored the economic insecurity experienced by many workers and youth. Continue reading
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Video: The Economic Crisis & Crisis Theory II
This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the kind of socioeconomic change that is called for. Continue reading
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Vermont and the People are “Fighting Monsanto” for their Lives and For Now “They are Winning” By Joachim Hagopian
The world’s most powerful chemical manufacturer, Monsanto, and the powerful food and agri-industries have had their way in America for many decades. Through the power of lobbyists pouring money into the hands of corrupt lawmakers, US presidents, and federal agencies like the Food & Drug Administration (FDA) and the Environmental Protection Agency (EPA), until just… Continue reading
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Big Agri’s GMO “Super Bananas for Brown People” By Tony Cartalucci
Much of the starvation and malnutrition across the so-called “developing” or “third” world, is due to the unmitigated, global campaign of human exploitation driven by globalization. The Walmarts and Tescos of the world line their shelves with goods cultivated, manufactured, and otherwise sourced from millions of people living under unhealthy, inhumane conditions up to and… Continue reading
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Low-income UK residents pay higher tax rates than the wealthy By Robert Stevens
Low-income UK residents pay a higher tax rate than the wealthy, according to a report published Monday by the Equality Trust think tank. Explaining the reality of a tax system massively skewed in favour of the richest 10 percent in society, the report details, “A household in the lowest 10% income group pays 43% of… Continue reading
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Secret Trade in Services Agreement (TISA) – Financial Services Annex
Today, WikiLeaks released the secret draft text for the Trade in Services Agreement (TISA) Financial Services Annex, which covers 50 countries and 68.2%1 of world trade in services. The US and the EU are the main proponents of the agreement, and the authors of most joint changes, which also covers cross-border data flow. In a… Continue reading
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The West Marches East By Andrew Gavin Marshall
After nearly a quarter-century of Western expansion – militarily, politically, economically – to Russia’s borders, Russia has had enough. But Ukraine was not the first instance in which Russia has been provoked by the West into a response that the West subsequently declared as an act of imperial “aggression.” In 2008, the small Caucasus nation… Continue reading
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Course: Youth- Demand the Impossible 2014!
Time for a plug: As well as co-editing NLP I’ve helped to found and run Demand the Impossible, a summer school on radical politics and activism for London youth. Applications for this year’s course, which will be at City University from August 4-8, are now open. Here’s the trailer for the course: Continue reading
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How to commercialise and cut health and social care without anyone noticing By Jenny Shepherd
Plans to ‘create a local market’ in health and social care, including personal budgets, threaten to undermine our collective rights and our systems based on social solidarity. The final part in our View from the Grassroots series. Over the last week our ‘View from the Grassroots’ series has been looking at an interlocking set of… Continue reading
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Greece: The Dilemmas of Democratic Socialism By James Petras
Greece is experiencing a triple crisis which has a profound impact on the economy, society and political system. The economy has experienced a deep, prolonged depression lasting six years and continuing. Continue reading
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Fracking Industry Dealt Huge Blow by Downgrade of Monterey Shale Formation By Dylan and Jo Murphy
The myth of American energy independence from fracking has been dealt a huge blow by the downgrade of recoverable oil from the Monterey shale formation. The U.S. Energy Information Administration (EIA) has slashed its estimate of oil reserves from the Monterey shale formation by a massive 96%. Continue reading
The New Dark Age 