Tag: Neoliberal

Disastrous Capitalism – But is a Labour government the solution? By William Bowles

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July 15 2017 — investigating imperialism

Class War

Consider the Grenfell Tower inferno as an expression of a new kind of class war, but not a class war as we have known it–between organised workers, political parties and capital–but between ordinary citizens and the local fiefdoms of the capitalist state as increasingly, big business has taken over the running of what’s left of our public and collective life, through ‘outsourcing’, public-private-partnerships and what have you, where making a profit is the bottom line, not serving the public.[1]

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Occupy Actions: From Wall Street to a Campus Near You? By Alan Sears

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21 October 2011 — The Bullet • Socialist Project E-Bulletin No. 560 – Toronto New Socialists

The Occupy Wall Street movement and the mobilizations of the ‘indignant’ in Europe have sparked solidarity actions in many places around the world. October 15, 2011 was a massive day of action that included over 60 marches in Spain, a huge demonstration of over 100,000 in Rome and Occupy actions in cities and towns across North America and in many other places.

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MEDIA LENS ALERT: ‘CREATIVE DESTRUCTION’ – THE MADNESS OF THE GLOBAL ECONOMY

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MEDIA LENS: Correcting for the distorted vision of the corporate media

February 5, 2008

Watching the corporate media report the ‘financial crisis’ is instructive. From the perspective of power, it is important that a steadying hand is applied to the tiller of news and commentary on the crisis, and the global economy itself.

And so columnist Martin Wolf took a ‘measured’ view in the Financial Times. There have been 100 “significant” banking crises in the past thirty years, he noted, making them almost routine. Authorities have had to intervene to “rescue” the US financial system from four crises over that period: the developing country debt and also the “savings and loan” crises of the 1980s; the commercial property crisis of the early 1990s; and now the subprime and credit crisis of 2007-08. As Wolf observed correctly of the banking sector: “No industry has a comparable talent for privatising gains and socialising losses.”

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