Video: The Economic Crisis & Crisis Theory II

13 June 2014 — Michael Hudson

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.

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US: Retail Death Rattle Grows Louder

27 May 2014 — WashingtonsBlog

The definition of death rattle is a sound often produced by someone who is near death when fluids such as saliva and bronchial secretions accumulate in the throat and upper chest. The person can’t swallow and emits a deepening wheezing sound as they gasp for breath. This can go on for two or three days before death relieves them of their misery. The American retail industry is emitting an unmistakable wheezing sound as a long slow painful death approaches. Continue reading

Can the Top 10% Prop Up the Whole Economy? By Charles Hugh Smith

15 May 2014 — Washington’sBlog

Is the top 10% up to the task of borrowing and blowing enough money to prop up a debt and bubble-dependent economy?

Since the entire economy depends on consumption for its “growth,” and discretionary consumption is financed with either cash or debt, that leads to two questions: 1) who has cash to spend on non-essentials and 2) who is credit-worthy enough to borrow money for non-essentials?

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Video: Monsanto Baseball: Escaping Accountability in Corporate America

6 August 2013 — grtv 

deceptionsusa.com presents “Monsanto Baseball.” If you are Monsanto, you can commit the most egregious crimes against humanity but you are never guilty of any safety violations. In fact the EPA, FDA and USDA approve your products for public consumption.

Monsanto is a glaring example of everything that is wrong with Congress, the White House, the FDA, the EPA, the USDA, Media and Corporate America.

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Today’s World Environment Reflects Crisis Of Capitalist Civilization By Farooque Chowdhury

4 June, 2013 — Countercurrents

Today’s state of the world environment is the tribune of the crisis of capitalist civilization that carries all the contradictions the global economy creates; and the economy is owned by a handful of owners dispossessing the humanity, billions of the poor and the starved. Continue reading

Sequesters To Trim Government Debt; Malls Raise Consumer Debt for The “Sheeple” By Danny Schechter

4 March 2013 — Media Channel

Durban, South Africa: Back in 2002, South Africa hosted a UN environmental Summit on sustainability. It drew a rag tag army of green activists from all over the world, many excited to visit the now free South Africa that they fought for through the apartheid years, and hoping to meet members of the liberation movement led by Nelson Mandela.

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Technological Servitude By Joel S. Hirschhorn

5 January 2013

Everywhere I look outside my home I see people busy on their high tech devices, while driving, while walking, while shopping, while in groups of friends, while in restaurants, while waiting in doctor offices and hospitals, while sitting in toilets – everywhere.  While connected electronically, they are inattentive to and disconnected in physical reality.

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Marx, Keynes and China Today

10 Feb 2012 — Solidarity Economy

deng-keynes.jpg

Deng Xiaoping and John Maynard Keynes

Introduction

The international importance of China’s economy is twofold. The first is practical – the scale of China’s economic growth, its global impact, and the consequences for the improvement of the social conditions of China and the world’s population. The second is theoretical, including the potential international applicability of conclusions drawn from China’s economic policies.

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