capital
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“Let us glory in our inequality.” By Michael Hudson
As in Chile, privatization in Britain was a victory for Chicago monetarism. This time it was implemented democratically. In fact, voters endorsed Margaret Thatcher’s selloff of public industries so strongly that by 1991, when she was replaced as prime minister by her own party’s John Major, only 35 percent of Britain’s voters supported the Labour… Continue reading
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Video: Under Thatcher, the Poor Became Poorer
John Weeks: Thatcher and Reagan set out to crush the union movement and assert the power of capital Continue reading
bourgeoisie, capital, class, coal, London, progressive, Reagan, Real News, Thatcher, TRNN, unions, United States, Video -
Mrs. Thatcher’s Mean Legacy By Michael Hudson and Jeffrey Sommers
We typically honor the convention to refrain from to speak ill of the recently departed. But Margaret Thatcher probably would not object to an epitaph focusing on how her political legacy was to achieve her professed aim of “irreversibly” dismantling Britain’s public sector. Continue reading
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New at Strategic Culture Foundation 31 March – 6 April 2013: Bulgaria / South Stream / Middle East / Central African Republic / Korea / Chiina & Brics / Venezuela
6 April 2013 — Strategic Culture Foundation Bulgaria: The Phenomenon of Self-Immolation 06.04.2013 | 00:00 | Georgy KOLAROV There is little more than a month left for the protest movement currently gathering momentum in Bulgaria to climax before the parliamentary elections set for 12 May take place. An outburst of public activity can also be expected Continue reading
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Reducing production: How should socialists relate to struggles against capitalist growth By Don Fitz
The question is not should we advocate reducing production within capitalist society but rather: How do we best relate to those struggles that are already occurring? Activists across the globe are challenging the uncontrollable dynamic of economic expansion which threatens the survival of humanity. It has never been more urgent to provide a vision of… Continue reading
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It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors By Ellen Brown
Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the… Continue reading
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The Cypriot Pawn By Thierry Meyssan
Washington was quick to use the financial crisis in Cyprus to implement a strategy for capturing capital described three weeks ago in these columns [1]. With the help of the Managing Director of the International Monetary Fund, US comprador Christine Lagarde, the American leadership challenged the inviolability of private property in the European Union and… Continue reading
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The Crisis of the European Welfare State An interview with Asbjørn Wahl
This is the start of a new era of social struggle. Social models, however, cannot be copied, neither from previous phases in history, nor from country to country. Social models are the concrete results of struggles and power relations in society. Continue reading
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ICH 24 March 2013: “Where might is master, justice is servant”: Proverb
24 March 2013 — Information Clearing House Obama Boosts Syria Support as Congress Pushes Military Intervention By Samer Araabi “The CIA is on the ground helping sort out who should get money, and they’re training people in Jordan.” http://www.informationclearinghouse.info/article34398.htm Continue reading
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The NATO Economy, the solution to the U.S. crisis? By Thierry Meyssan
New Secretary of State John Kerry’s first contacts were not devoted to the Asia pivot (transfer of U.S. forces to the Far East) or the partition plan for the Middle East, but to the creation of a NATO economy, without arousing the slightest concern in Europe. However, should it be implemented quickly, this project would… Continue reading
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Who just started arming Syrian rebels? By Michael Weiss
The Council of the European Union renewed its arms embargo on Syria this week by another three months, with the slight amendment to allow for “greater non-lethal support and technical assistance for the protection of civilians.” The council further affirmed that it would “actively continue the work underway to assess and review, if necessary, the… Continue reading
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The Moral Decoding of 9-11: Beyond the U.S. Criminal State, The Grand Plan for a New World Order By Prof. John McMurtry
I was sceptical of the 9-11 event from the first time I saw it on television. It was on every major network within minutes. All the guilty parties were declared before any evidence was shown.The first questions of any criminal investigation were erased. Who had the most compelling motives for the event? Who had the… Continue reading
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Europe: Existential Danger: New Political Challenges By Elisabeth Gauthier
In Europe, an ‘oligarchy’ has increasingly gotten hold of various powers; it is becoming radicalized and sees the moment as having come in which brutally to accelerate the dismantling of social and democratic gains, notably by profiting from the ‘crisis of public debt,’ generalizing austerity policies which, in turn feed the crisis. Continue reading
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Malian War Spreading into Niger: French Military Moves Further Into Northern Region By Abayomi Azikiwe
Reports emanating from the West African state of Mali indicate that French grounds forces accompanied by the national army from the capital of Bamako–along with a small contingent of regional troops from Niger, Burkina Faso, Togo, Senegal, Benin, Chad and Nigeria–are moving towards the northern historic city of Timbuktu. Although there has been a media… Continue reading
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Britain: £5,200,000,000 will be robbed from you today
31 January 2013 — Morning Star Online by Rory MacKinnon Corporate Affairs Reporter Britain will be robbed of £5.2 billion today as an army of accountants file fiddled tax returns for the rich. Continue reading
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'Two killed, five injured in Israeli airstrike on Syria’s research center'
Two site workers have been killed and five others wounded in an Israeli airstrike on a military research center in Jamraya, northwest of the capital Damascus, the Syrian military says. Continue reading
The New Dark Age 