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Legal Imperialism” and International Law: Legal Foundations for War Crimes, Debt Collection and Colonization By Prof. James Petras
By now we are familiar with imperial states using their military power to attack, destroy and occupy independent countries. Boatloads of important studies have documented how imperial countries have seized and pillaged the resources of mineral-rich and agriculturally productive countries, in consort with multi-national corporations. Financial critics have provided abundant data on the ways in… Continue reading
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Video: Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years
Leonce Ndikumana: $619 billion of embezzled capital flight from North Africa with connivance of big banks according to new research (inc. transcript) Continue reading
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The Death Agony of Anti-Imperialism, 2 Egypt, 1 By S. Artesian
The organization of landed property, of the landed estate, and of landed labor in Egypt was driven and determined by that which could not truly be appropriated as property—water. Water and the lack thereof, regulated, so to speak, the oscillations between scarcity and abundance. Water and the lack thereof imposed an approximate egalitarianism; a communalism… Continue reading
banks, capital, class, commodities, david harvey, Egypt, Europe, history, land, market, Marx, reproduction, revolution, S. Artesian, taxes, value -
Introduction to “Well, How Did We Get Here?”
This essay tries to explain how we got here. By which I don’t mean the recent events leading up to the crash of 2008 – these have been discussed in dozens of books. Instead I want to set out the older and specifically British back story, both economic and political. Continue reading
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The BBC’s Coverage of Southern Europe by Dan Hind
Yesterday’s main news bulletin on BBC 1 somehow managed to miss another large demonstration against austerity in Lisbon, where tens of thousands gathered in the capital’s Praca de Comercio square. The bulletin also didn’t find time for yet more protests in Madrid. Continue reading
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Suffocating Austerity: The West’s Folly in Greece Repeats Old Patterns By Evaggelos Vallianatos
Evaggelos Vallianatos, Truthout: “Not only did the Greek politicians impose an austerity program which reduced the living standards of the Greek people significantly, increasing suicides by 40 percent and unemployment by more than 20 percent, but they agreed to such barbarous terms for the foreseeable future, all but guaranteeing the impoverishment, colonization and eventual slavery… Continue reading
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The Greek affair: Symbol of the crisis of the European Union or paradigm of Europe’s salvation By Gaither Stewart
It is an ironic twist of history that Greece, the cradle of Western culture, today, 2500 years after the acme of Hellenic glory, appears on the stage of history in the best of cases as victim, and in the worst, as the symbol of the threat to the collapse of the West European society. Continue reading
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A different kind of Europe By Trevor Evans
The growth of private international financial institutions since the 1970s has seriously curtailed the ability of national governments to exercise democratic control over economic policy. This was vividly demonstrated early in the 1980s, when capital flight forced the French government to abandon its programme of progressive economic reforms. Since then, finance has become much stronger,… Continue reading
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Video: The Greek Experiment By Michael Hudson
Michael Hudson: Greek crisis used to find out how far finance can drive down wages and privatize Continue reading
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Greece in flames: Cassandra strikes again By Eric Walberg
In a scene worthy of “Battle of the Damned” gas-mask clad protesters left 40 buildings in Athens in flames as police fired tear gas and rubber bullets, wounding hundreds. Greece’s 99 per cent have little or nothing to lose in a “structurally readjusted” country, leaving them at the forefront in the growing battle in the… Continue reading
austerity, banking, banks, corporations, Eric Walberg, EU, gas, Greece, IMF, parliament, police, strikes -
Information Clearing House Newsletter 27 January 2012: Michael Parenti: Free-Market Medicine: A Personal Account
27 January 2012 — Information Clearing House Masked Gunmen Rule in Damascus: Video By RT In many parts of the county it is not clear who is actually in control. The situation is certainly very dangerous for civilians. http://www.informationclearinghouse.info/article30365.htm Continue reading
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Wikileaks Newslinks 23 December 2011
23 December 2011 — williambowles.info WikiLeaks founder helped Army private get data, prosecutors say Los Angeles Times During closing arguments in the pretrial hearing of Army Pfc. Bradley Manning, prosecutors flashed excerpts of chat logs to the courtroom that they alleged showed WikiLeaks founder Julian Assange coaching Manning on how to decode computer passwords to… Continue reading
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#OWS and the Young Trade Unionists by Mark Nowak
If you head down to the IBEW Local 24 Union Hall Auditorium on W. Patapsco Avenue in Baltimore on the first Tuesday of any month, you’ll encounter a meeting of an energetic group of young union members from the Metro Baltimore-Washington, D.C. area. Continue reading
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Insurgent Notes | The Next Step for Occupy Wall Street: Occupy Buildings, Occupy Workplaces
Today, after two months of occupations and the attacks on the occupations in Portland, Oakland and now Manhattan, OWS might be crossing a new threshold–a massive convergence of students in Union Square and a working-class convergence in Foley Square attempting to give reality to the growing calls for a general strike. Continue reading
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Video: EU: Democracy Incompatible with Debt Collection By Michael Hudson
Democracy Now! video stream from Germany by Michael Hudson, who’s been closely following the Greek crisis. Continue reading
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650,000 Americans Joined Credit Unions Last Month More…
“One of the tactics the 99 Percenters are using to take back the country from the 1 percent is to move their money from big banks to credit unions, community banks, and other smaller financial unions that aren’t gambling with our nation’s future. Now, the Credit Union National Association (CUNA) reports that a whopping 650,000… Continue reading
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The $600 Trillion Time Bomb That's Set to Explode By Keith Fitz-Gerald
The world’s gross domestic product (GDP) is only about $65 trillion, or roughly 10.83% of the worldwide value of the global derivatives market, according to The Economist. So there is literally not enough money on the planet to backstop the banks trading these things if they run into trouble. Continue reading
The New Dark Age 