economic crisis
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The mainstream: meeting the historic challenges?
Recently, newly confirmed US Treasury secretary and former Fed chief, Janet Yellen, spelt out the challenges facing US capitalism in a letter to her new staff. She said: “the current crisis is very different from 2008. But the scale is as big, if not bigger. The pandemic has wrought wholesale devastation on the economy. Entire… Continue reading
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The Crimes of NATO’s Neocolonial Wars: The Mainstream Media are Organs of State and Corporate Propaganda By Gearóid Ó Colmáin
“Mainstream media is nothing more than the propaganda organ of the powers that be” Belgian MP denounces the crimes of NATO’s neo-colonial wars. Continue reading
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‘Pentagon’s hand behind French intervention in Mali’ By William Engdahl
As French soldiers pour into Mali in the fight to push back the advancing Islamist militants, questions have been raised as to the motives behind the intervention. Author William Engdahl told RT the US was using France as a scapegoat to save face. Continue reading
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Obama's Second Term: Following Angela Merkel in the Oval Office? By Ingo Schmidt
In order to keep discussions of budget policy out of the campaign, the Republicans and the Democrats agreed on a pact earlier this year, which increased the debt ceiling of the federal government to the point that drastic spending cuts or tax increases could be postponed until after the election. Continue reading
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“We Are Drowning” On A Road To Nowhere: New War on the Horizon By Danny Schechter
Oil prices are rocketing. Iranian warships are moving into the Mediterranean to shadow the US warships already there. Propaganda news is growing with rumors of Al Qaeda links with Iran, and, then, less speculative news about real links between the terror groups and the armed opposition in Syria. Continue reading
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“I Demand to Know What You’re Demanding!” Some Remarks on Programme at OccupyLSX By Dan Hind
There is something very striking about the occupation in the City of London. From the outset the ordinary dynamics of protest appeared to have been suspended. The form was different, for a start. This wasn’t a march from A to B, with its accompanying sense of an ending. But more than that, the occupiers weren’t… Continue reading
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European Conference Against Austerity & Privatisation: European Conference Declaration
After a day of intensive debate, analysis and planning for cooperation and action, the Europe against Austerity Conference heard Coalition of Resistance Secretary Andrew Burgin propose the following Declaration, on behalf of the European Preparatory Committee. The Declaration was unanimously endorsed by the Conference which was attended by over 600 people Continue reading
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Bizzaro Capitalism By Kim Petersen
Republican representative Dana Rohrabacher has come up with a novel proposal for raising more money for the cash-strapped USA: charge the victims of US aggression. Continue reading
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Spanish protesters cheer for ‘world revolution’ as ban on demonstration takes effect
MADRID — Thousands of protesters in Madrid furious over soaring unemployment staged a silent protest and then erupted in cheers of joy as a 48-hour ban on their demonstration took effect on Saturday. Continue reading
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Fernando Nabais, “Umberto Digital Haiku No. 2”
An interactive cinematic experiment that reinterprets a shot from the film Umberto D by Vittorio de Sica, manipulating it in response to the attention that the viewer devotes to it. Umberto D depicts Italy in 1952 in the middle of a deep recession, a mirror of the current economic crisis. Continue reading
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CSRC Project-First Workshop: “The Roots of the Economic Crisis: Critical Perspectives” – Part 1
This workshop explores alternative interpretations of the current economic crisis. The presentations are from organized labour, community activists and academics. The focus of this workshop is critical engagement, discussion and debate. Questions addressed include: How have various perspectives analyzed and understood the roots of the current economic crisis? Is there something fundamentally unsound about the… Continue reading
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How Much Longer Will You Remain Passive? By David DeGraw
I work for two news websites and spend 12 hours a day, six days a week analyzing the news. My eyes are strained and bloodshot, I fight through constant headaches, and the icing on the cake, I now work more hours while making less money then I ever have. Such is life in the online… Continue reading
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IN THE EYE OF THE HURRICANE: AS ONE STORM THREATENS, ANOTHER IS OUT OF MEDIA SIGHT, OUT OF OUR MINDS By Danny Schechter
One catastrophe may be coming. The other may be already here, and a third, well, no one wants to talk about that. You can move populations away from hurricanes. You can adore or make fun of unusual politicians. But what do you do about a financial tsunami that everyone knows is structural but many would… Continue reading
The New Dark Age 