Reflections on the Political Crisis and Right-wing Populism (tags)
The policies of neoliberal globalization have driven an enormous strengthening of transnational corporations and finance capital, and at the same time the division between rich and poor, between the top "1%" and the rest of the "99%"[28].
Economic Crisis in the Anthropocene (tags)
They are in a life-and-death struggle for the future of American democracy and from their point of view – and I happen to share this view – that depends on their not losing the congressional majority to the GOP in 2022, which doesn’t necessarily end American democracy, but it takes us in a direction which is really bad.
Disease, Power and Capitalism (tags)
Have you tried DeepL.com, academia.edu, grin.com or grammarly.com? Send me your comments and/or discoveries - as we await the reopening of the libraries and the Biden landslide! Will the great comedian Stephan Colbert be the dark horse candidate?
Puerto Ricans Gather at Diaspora Summit as Island Begins Bankruptcy Process (tags)
Puerto Ricans from across the United States and the Caribbean island are meeting in New York City to discuss the island's economic crisis.
TTIP: Trifling Economic Advantages at the Cost of Democracy and the Public Interest (tags)
TTIP represents a crisis for democracy and the constitutional state. Richard Trumka of the AFL-CIO describes the TTIP as “secret tribunals” where only “foreign investors” can sue. Frank Bsirske of the German Verdi service union said the TTIP is a “black box” transferring sovereignty.
TTIP: Trifling Economic Advantages at the Cost of Democracyand the Public Interest (tags)
The controversial investment-protection agreement establishes a parallel justice giving security to all investors.. The states would be liable for compensation for any lower profits.. We all know our plane can only survive when we do everything for a sustainable economy.
Karl Polanyi - Still Actual 50 Years After His Death (tags)
Karl Polanyi was the author of "The Great Transformation." As in Polanyi's times, the absurdity of the market utopia must be made clear and confronted with social reality. Freedom and democracy are goals to defend, not markets.
Learning from Roosevelt: HIs "New Deal" (tags)
The Civilian Conservation Corps helped overcome the basic pessimistic mood in society. Within a few months, 500,000 young persons had hope again. The government should intervene in case of an economic emergency.
Vulgar Materialism: The Madness of Growth and the Casino (tags)
Renouncing on growth or tolerating a shriveling economy is hard. Greece is a shocking example. Many people cut down the last trees because they could not afford heating oil. Nature is the first victim in an economic crisis. Whole generations are traumatized.
The economic crisis, the massive indebtedness of the country and Obama's election have radicalized politics and voters. Ryan's budget proposal was recently described as a fairy tale that would in no way stop the economic decline. Others call his plan a joke.
Why Washington Accepts Mass Unemployment (tags)
The Fed is more worried about inflation than mass unemployment. Maybe the guaranteed basic income and/or community centers are the antidotes to elite failures and market failures. Vancouver BC has 23 community centers that have a multiplier and cushioning effect.
Martial Law State of Emergency (tags)
Will a State of Emergency Be Used to Supersede Our Constitution?
Book Review: "The Great Crash or the Century Crisis" by Elmar Altvater (tags)
Capitalism is at an end and the whole world is drawn into the mess. Preventing this is an ethical imperative and a political duty. The multiple crisis has dragged on for years. The political class allows this to happen. Political answers to the debacle can only be found with clarity on causes.
Performance-Oriented Society and Basic Income (tags)
The acquisition and accumulation of wealth are based on many natural and social conditions. Many societies and generations worked so today's possibilities of acquisition exist. The so-called performance justice is often only a veil for great injustices.
Learning Nothing in 80 Years (tags)
The crisis began in the US where the government became heavily indebted after September 11, 2001 in the war against terror and where property owners, banks and hedge funds long lived openly on credit. The German government was laughed at when it prohibited short-selling in 2010
The US, the Debt Superpower (tags)
The state bailout of these gigantic real estate institutes, banks and insurances and the enormous economic package to get the crisis-weakened economy on its feet again is one of the essential causes of the present debt crisis. In two decades, $5.5 trillion was spent on a dozen wars.
Stimulus Should Be Looking Pretty Good Right About Now (tags)
With states cutting budgets to the bond, we are seeing how painful the economic crisis is without federal funding to help soften the blow.
US Capitalism in Crisis: An Emperor With No Clothes (tags)
The champions of US capitalism are having to get used to a changing global stage on which they play a diminishing role
The Financial and Economic Crisis as a Normative Orientation Crisis (tags)
Prof. Ulrich presents three core theses: (1) Economics is not an end-in-itself but the means to the good life and human coexistence. (2) There is no "free" enterprise system free of ethical and political prerequisites. (3) The need for emancipatory economic citizenship rights.
Labor Fights Back at Goose Island (Book Review) (tags)
Kari Lydersen has penned an absorbing book, “Revolt on Goose Island.” It chronicles how 250 members of the UE, a progressive union, occupied a factory, “Republic Windows,” located in Chicago, IL, rather then just meekly submit to its closing. It’s labor history at its best. This “direct action” came not long after AFL-CIO labor leader Richard L. Trumka denounced the evils of “globalization,” and the predatory schemes of the Wall Street boy-ohs.
The Global Economic Crisis: Riots, Rebellion and Revolution (tags)
"In the same month, the highest-ranking general in the United States, “Adm. Michael Mullen, chairman of the Joint Chiefs of Staff, ranks the financial crisis as a higher priority and greater risk to security than current wars in Iraq and Afghanistan.” He explained, “It's a global crisis. And as that impacts security issues, or feeds greater instability, I think it will impact on our national security in ways that we quite haven't figured out yet.”[22] Rest assured, they’ve figured it out, but they don’t want to tell you."
The Recession Is Over, the Depression Just Beginning (tags)
America's economy is dire and worsening
VIDEO: Noam Chomsky and Friends at the UN (tags)
This panel took place on June 23, 2009.
The Crisis of Capitalism: Credit-Doping (tags)
"The social market economy blows the wealth of this society in speculation rather than in higher wages, higher pensions or unemployment benefits.. All capital transactions with tax havens should be prohibited.. Instead of democratization, we growing centralization in a few hands.."
2009 Preliminary Report of the Stiglitz Commission (tags)
This 109-page document is available in pdf-format.
Self-Abandonment of the System (tags)
The banks are seemingly on Victory Street and taxpayers face bankruptcy. Bailing out banks by printing money is a dubious recovery. Paulson, Bernanke, Summers and Geithner are the architects of a policy of easy money. The money given to banks does not reach the economy.
FLA Congressman first to visit Coup Govt in H (tags)
more about the florida republicans drug connections in honduras at miami indy media
DALUYONG: Surging to Confront the Crisis of Our Times (tags)
Filipino American youth, both immigrant and US-born, are agitated and getting ready to tell the rest of the country where they stand and how they are to respond to the current economic crisis affecting their families, their education, their work, and their rights. They are concerned over current immigration policies, race relations, exploitation of women and children, and how these and other issues are linked to the broader global economic crisis and war. They are surging forward to claim what is inherently theirs – the future.
Miguel d'Escoto on the Global Financial and Economic Crisis (tags)
"It is neither humane nor responsible to build a Noah's Ark only to save the existing economic system, leaving the vast majority of humanity to their fate and to suffer the negative effects of a system imposed by an irresponsible but powerful minority.."
From Obsuristan to Absurdistan: Barbarism or Human Future (tags)
Individual security can be emphasized so global vision fades. Half-truths and fish stories carry the day. "Communism is oppression of many by man and capitalism is just the reverse." Our challenge is to reawaken wonder and interdependence, to consider the way of nonviolent resistance.
Economic Crisis and the Crisis of Neoliberal Ideology (tags)
The crisis has his origins in the "real" economy. Inequality is the ideological motor of neoliberfalism. German president Kohler described the financial markets as a monster. The metaphor has changed from market as rational subject to monster.
the Deeper Origins of the Economic Crisis (tags)
For all the horror the global economic crisis has caused for so many people, one progressive consequence has emerged: many of these people are becoming politically conscious — searching for information to better understand their political and economic system. They want to know how things got the way they did and what can be done about it. Unfortunately, much of the resulting analysis has focused too little on actual causes, and too much on abstract financial details and other consequences of deeper economic problems. Therefore, the typical explanation of the economic crisis goes as follows: depression-era financial regulations were tossed aside, and banks were allowed to merge into new institutions that then invented ways to transform debts into assets, which were gambled away on the stock exchange to the tunes of trillions of dollars. All of which is true. What’s missing, however, is why.
Socialist Stewart Alexander: Washington and Capitalism in Shambles (tags)
Since President Barack Obama took office in January, the U.S. economy has gone from bad to worst. Nationwide, home foreclosures continue to climb, consumer spending is down due to the credit crisis, more than 6 million Americans remain unemployed, and while paychecks are shrinking, inflation and gas prices are on the increase. The U.S. economy and capitalism is in a total mess.
Obama Draws Fire from Socialists and Conservatives (tags)
Socialists and conservatives alike believe bigger government and heavy spending is not the answer to restructuring the U.S. economy; and even though the ideas of socialists and conservatives are vastly different, both groups are opposing the president on his enormous spending proposals that are lacking any clear plans on how to revive the economy and limit an ocean of future debt for the nation.
Disarm the Markets! New Attac Basis Text (tags)
The therapy depends on the diagnosis. Mechanisms, instruments and actors can be identified whose action and teamwork led to the crash. The age of a unipolar world was very short. An historical chance is opening against finance capitalism.
This struggle demands more than setting up wind turbines, buying more economical cars and rehabilitating houses. An historically unique pact is necessary between North and South, between industrial countries and threshold and developing countries.
U.S. Socialists: Obamanomics offers little hope for working people (tags)
Considering the track record of the government bailouts to save the “free market,” socialists believe an additional $2 trillion will not ease up credit markets and will do little to ease the on-going national economic crisis. Congress has presently invested more than $2 trillion since February 2008 to free up the credit markets; however, the credit markets remain as frozen as Antarctica.
Dispatches from the Front Lines of the Economic Crisis (tags)
economic conditions worsening
Facing the Economic Crisis (tags)
Stanley Aronowitz teaches at the City University of New York and is the author of Left Turn: Forging a New Political Future (2006). More important articles and videos are available at www.socialistproject.ca.
Common Security in Economic Crisis (tags)
Chuck Collins is a senior scholar at the Institute for Policy Studies. In his sermon, he challenges us: "We can retreat into fear or move to community. We have ventured to the limits of acquisitive greed. Our `mutual aid muscles' may have atrophied and need strengthening.."
Mass Mobilization In Los Angeles On Obamas Inauguration Day! (tags)
This is a Call out for all those out there fed up with the U.S. government. Their Abuse of the Economic Crisis among the American People and the Global Community. For the Continuous Murders commited by the LAPD and Surrounding Police Authorities and the Constant Racial Profiling and Discrimination done by the Police. This is For the U.S. Involvement in Israel and the Gaza Massacre which has claimed over 300 lives. Mass Mobilization In Los Angeles On Obama's Inauguration 200 N Spring St, Los Angeles-Also Known As Los Angeles City Hall. This is a Call out for all those out there fed up with the U.S. government. Their Abuse of the Economic Crisis among the American People and the Global Community. For the Continuous Murders committed by the LAPD and Surrounding Police Authorities and the Constant Racial Profiling and Discrimination done by the Police. This is For the U.S. Involvement in Israel and the Gaza Massacre which has claimed over 300 lives. So! A Call out to all, passionate, hopeless romantics, to all families who struggle, to all races, ethinicities, genders, Homosexuals Bisexuals, Transgendered, to all anarchists and marxists, democrats and republicans, to all those who are unhappy with the current state of the world. Lets Make Obama, the United States, and the Rest of the world Know that We Arent going to Stand for the Oppression the U.S. Government, Police,and Other Governing Bodies Commit.
Mass Mobilization In Los Angeles On Obamas Inauguration Day! (tags)
This is a Call out for all those out there fed up with the U.S. government. Their Abuse of the Economic Crisis among the American People and the Global Community. For the Continuous Murders commited by the LAPD and Surrounding Police Authorities and the Constant Racial Profiling and Discrimination done by the Police. This is For the U.S. Involvement in Israel and the Gaza Massacre which has claimed over 300 lives.
Venezuela: No concentration of power is ever revolutionary (tags)
*As Chavez attempts to allow indefinite presidential reelections for himself by way of the approval of the Referendum for Constitutional amendment, anarchists publish this declaration, which is also the Editorial of El Libertario #55, January-February 2009 (now on line, in Spanish www.nodo50.org/ellibertario).
NYCLAW ANTIWAR DIGEST -- 11.18.08 (tags)
[I]t will be interesting to see how antiwar activists react to this. Are they antiwar or just anti-Republican?
Sickened by The Federal State of America Sickened by The Federal State of American Mass Media In this "Economic Crisis" I find it amazing that the simple truth is so "elusive": Truth is: People over-used credit on debt equity. - Now; with over-valued US real estate dropping like a bomb, this debt equity that has been "commercialized" on paper is worthless.
V.P. Candidate Alexander: U.S. Economy is Beyond Recession (tags)
Socialist Vice Presidential Candidate Stewart A. Alexander says the measures that are being taken by the Fed, in the midst of this growing economic crisis is an indication that the U.S. economy has now passed the stage of a recession and is now in the early stage of a depression. “It will take more than printing truck loads money and bailing out the capitalists to prevent the U.S. and global economy from slipping into a deeper depression.”
V.P. Candidate Alexander: Fed Rescue Plan a Temporary Fix (tags)
Vice Presidential Candidate Stewart A. Alexander, says the $700 billion rescue plan is only a temporary fix for an economy with many fractures. “The root cause of the U.S. economic crisis is the system, capitalism; and every 75 years a new bailout plan becomes necessary.”
ECONOMIC CRISIS AFFECTS ELDERLY (tags)
Recession whatever they call it, marches on! They called it “ jobless growth”, a “slowdown” an economic crisis and all politicians call it except by its true name. Why are they so afraid of this word? Although it affects everyone, politicians and bourgeois econimist refuse to call it by its name. But the hard facts tells the truth. Now, the seniors and older Americans are the latest victims of these recession.
An anti-state communist perspective on the war (tags)
This is 2003 article about the Iraq War 2, just before it started. It's from Anarchy: a journal of desire armed. It's unusually prescient in its predictions of how the entire war will go. I post this because the journal has been criticized by some anarchistists as "primitivist", and Anarchism has been derided by the Left as everything from chaos to disruptive and unthinking. Liberals stereotype anarchists as young fashion victims, implying they are shallow. These are simplistic stereotypes at best, and fear mongering at the worst. Articles like this one below, I hope, give people pause to consider the relevance and usefulness of anti-state, anti-capitalist critique. Remember, this article was written before we invaded Iraq. So here goes. -- Just Another Anarchist
Deflation Threatens. A Specter goes about in Germany (tags)
"The IMF recently warned of a deflationary development and a dangerous intensification of the economic crisis in Germany..Deflation is characterized by a lowering of price levels.. The cause is a surplus of goods over the demand for goods.." Translated from German
Again-Palestine:On the tactics of the Intifada (tags)
Palestine