neoliberalism
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Brexit, Covid-19 and the Debt Deluge – The perfect storm about to engulf us all
Remembering this impending event and recalling it from memory to your friends is as easy as A, B, C, D. Broadly speaking it is about four interlinked events that have already happened but their combined effects will engulf the country within a year. Austerity, Brexit, CoVid and Debt will lead to a ruinous recession or… Continue reading
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The Capitalist Pandemic, Coronavirus and the Economic Crisis
The coronavirus pandemic is a serious public health problem and the human suffering caused by the spread of this virus will be enormous. If it massively affects countries of the Global South with very fragile public health systems that have been undermined by 40 years of neo-liberal policies, the death toll will be very high.… Continue reading
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Anti-Capitalist Politics in the Time of COVID-19
As Marxist geographer David Harvey argues, forty years of neoliberalism has left the public totally exposed and ill prepared to face a public health crisis on the scale of coronavirus. Continue reading
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The ’emerging market’ slump
Forecasts of a global slump in the rest of 2020 are coming in droves from mainstream economists – it’s now the consensus that there will be a contraction in global real GDP in at least two consecutive quarters (Q1 and Q2), in the wake of COVID-19 pandemic and the ‘lock down’ in response. Continue reading
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Editorial: Only a collectivist approach can solve the Covid-19 crisis
The neoliberal orthodoxy which decrees that public services should be located in the marketplace, their functions subordinated to the profit nexus and service provision reduced to bare-bones delivery means the NHS has a limited number of intensive care units that — before the coronavirus epidemic really takes off — are already 80 per cent occupied. Continue reading
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Putin Calls for a New System Guided by the UN Charter… But Is It Possible? By Matthew Ehret
Anyone looking with sober eyes upon today’s world and the feeble economic and geopolitical underpinnings holding the system together must accept the fact that a new system WILL be created. Continue reading
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The West Is Run by Barbarians By Peter Koenig
How much longer are we accepting the tyrannical dictate of the American rulers? It gets worse by the day – and it looks like the western world’s “leaders” (sic – so sic!) are caving in ever more to the American killing machine – the European Union – and all its members heads of state, and… Continue reading
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As Capitalism Collapses Into Totalitarianism, Socialist Revolution Looms On The Horizon
For the last generation, the United States and other capitalist countries have been on a steady trajectory towards despotism. With 9/11 and the resulting return to the Cold War’s atmosphere of perpetual conflict, a change appeared in the prevailing aims of the capitalist governments. Whereas capitalist societies generally assumed they could look forward to an… Continue reading
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‘The Calculated Subversion of Humanity’ …and How to Resist It
As we transition into 2020, our World is in the grip of a deliberate attempt to destroy the fundamental values upon which all civilised life depends. Continue reading
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Here’s How Much Worse Things Will Get If Capitalism Isn’t Overthrown
In his novel The Man in the High Castle, which depicts a Nazi-dominated world, Philip K. Dick describes a dynamic where the Reich, despite holding enormous power, makes itself progressively more volatile and reactive. At one point in the book, a character observes that “most high-placed Nazis are refusing to face facts vis-a-vis their economic plight.… Continue reading
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Into the Tempest: Essays on the New Global Capitalism
Capitalism’s grow-or-die imperative is driving humanity to the brink of extinction. At the present rate of global greenhouse gas emissions, the climate crisis alone could soon end civilization and destroy the biosphere. Biologists report that up to a million species of plants and animals are on the verge of extinction. Global capitalism is not only… Continue reading
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Revolts Against The Neoliberal World Order
Protests against the US and big finance-imposed neoliberal capitalism have exploded across the globe. Two weeks ago, in Pink Tide Against US Domination Rising Again In Latin America, we reviewed 12 Latin America nations that are rising up against privatization, the cutting of social programs, soaring prices and low wages. In the last week, mass protests… Continue reading
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Pink Tide Against US Domination Rising Again In Latin America
Once again, the left is rising in Latin America as people revolt against authoritarian regimes, many of whom were put in place by US-supported coups. These regimes have taken International Monetary Fund (IMF) loans and are under the thumb of international finance, which is against the interests of people. Continue reading
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Burn, Neoliberalism, Burn By Pepe Escobar
Neoliberalism is – literally – burning. And from Ecuador to Chile, South America, once again, is showing the way. Against the vicious, one-size-fits-all IMF austerity prescription, which deploys weapons of mass economic destruction to smash national sovereignty and foster social inequality, South America finally seems poised to reclaim the power to forge its own history. Continue reading
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The dialectics of economic warfare
It was in 2004 when the war in Iraq was at its peak, that the renown political scientist Emanuel Wallerstein announced at the World Social Forum in Mumbai, India, a public discussion under the surprising title: „Is the neoliberal transformation dead?“ We, the members o f the International Council of the WSF were shocked, because… Continue reading
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David Harvey: The Persistence of Neoliberalism Despite its Loss of Legitimacy (1/2)
Neoliberalism continues in national and transnational institutions, even though it has lost legitimacy as an ideology and has even penetrated progressive thinking, argues Prof. David Harvey Continue reading
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South Africa: Democracy & ‘Father Christmas socialism’ By Terry Bell
As South Africa coasts uncomfortably toward national and provincial elections on May 8, accompanied by rolling blackouts and with commissions delving ever deeper into sewers of corruption, it is time to take stock of where the country is and where it may be going. This should apply in particular to trade unions that have, in… Continue reading
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Can China and Russia Survive in this Unharmonious World? By Andre Vltchek
Does it pay ‘to be good’? Is it still possible to play by the rules in this mad world, governed by brigands?What if the rules are defined and ratified by all countries of the world, but a small group of the strongest (militarily) nations totally ignores them, while using its professional propagandists to reinterpret them… Continue reading
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Books: Capitalism Has Failed—What Next? by John Bellamy Foster
Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialization, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only… Continue reading
The New Dark Age 