The Lies of our (Financial) Times By James Petras

5 October 2018 — James Petras

The leading financial publications have misled their political and investor subscribers of emerging crises and military defeats which have precipitated catastrophic political and economic losses.

The most egregious example is the Financial Times (FT) a publication which is widely read by the business and financial elite.

In this essay we will proceed by outlining the larger political context that sets the framework for the transformation of the FT from a relatively objective purveyor of world news into a propagator of wars and failed economic policies.

Lies of Our Financial Times [PDF]

Washington Islamist strategy in crisis as Morsi toppled by F. William Engdahl

5 July 2013 — Voltaire Network

The swift action by Egypt’s military to arrest Mohamed Morsi and key leaders of his Muslim Brotherhood organization on July 3 marks a major setback for Washington’s “Arab Spring strategy of using political Islam to spread chaos from China through Russia across the energy-rich Middle East. Continue reading

Financial Cleansing: The Cyprus Bail-in Template By grtv

11 April 2013 — grtv

The recent bail-in in Cyprus has given the world a glimpse at the future of the banking landscape. Now, as Canada gets set to hardwire the bail-in process into law, analysts like Michel Chossudovsky are warning how the big banks can use this template to further consolidate their monopoly of economic control. This is the GRTV Backgrounder on Global Research TV.

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Hillary Clinton: Thwarting “Re-Sovietization” or Imposing Americanization? By Boris Volkhonsky

7 December, 2012Voice of Russia

“We are trying to figure out effective ways to slow down or prevent it.”

Indeed, they are. For that, the US has launched full-scale wars in close vicinity to the region (not to mention local clashes and a “limited” use of drones on a wider number of countries), slaughtered hundreds of thousands of Iraqis and Afghans, depriving them of the basic human right – the right to live; successfully destabilized the situation in their “Greater Middle East”, flooded the whole of Central Asia with Afghan opium and heroin (with metastasis reaching as far as Russia and Western Europe). And after that Ms. Hillary is trying to present her country as a champion of human rights and finds it OK for herself to criticize others.

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Greek Lessons: Democracy versus Debt-Bondage By David McNally

26 February 2012The Bullet • A Socialist Project e-bulletin No. 602

It is a truism to say that democracy began with the Greeks – less so to say that it originated in popular rebellion against debt and debt-bondage. Yet, with the Greek people ensnared once more in the vice-grip of rich debt-holders, it may be useful to recall that fact. For the only hope today of reclaiming democracy in Greece (and elsewhere) resides in the prospect of a mass uprising against modern debt-bondage that extends the rule of the people into the economic sphere.

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The Global Stagnation and China

13 February, 2012 — Monthly Review

Review of the Month  

 John Bellamy Foster and Robert W. McChesney, Editors, Monthly Review

Five years after the Great Financial Crisis of 2007–09 began there is still no sign of a full recovery of the world economy. Consequently, concern has increasingly shifted from financial crisis and recession to slow growth or stagnation, causing some to dub the current era the Great Stagnation.1 Stagnation and financial crisis are now seen as feeding into one another. Thus IMF Managing Director Christine Lagarde declared in a speech in China on November 9, 2011, in which she called for the rebalancing of the Chinese economy:

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The Next Marx? By John Feffer

31 January 2012 — World Beat

marx-large.jpgLenin graces the cover of a recent issue of The Economist. The Financial Times is running an entire series on the “crisis in capitalism.Francis Fukuyama, a recovering neoconservative, makes a plea in Foreign Affairs for the left to get its intellectual act together. And that noted class warrior Newt Gingrich has been assailing Republican presidential candidate Mitt Romney for being a ruthless moneybags.

Excuse me? Does the left hand know what the right hand is doing? What parallel universe did we all just stumble into?

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