Archive | December, 2018

After four and a half months of haggling and recrimination and, four days past the deadline, an all-night session, the three parties had finally settled on a coalition government program—179 pages long.

Scott McLemee reviews The Young Karl Marx, which, on the eve of 200th anniversary of Marx’s birth, contains themes of economic crises and inequalities that remain relevant today.

BRITAIN faces a number of serious and interlinked threats to the public’s health and future wellbeing. Tinkering around the edges, gradual reform or triangulation-style politics are simply no longer commensurate with the challenges bearing down on us. Radical action, implemented right now, is the only realistic option.

Marx’s ‘Capital’ is one of the most important texts of the modern era and continues to resonate today. Professor David Harvey, the world’s leading expert on Karl Marx, explains the continued importance of Marx’s analysis and how we can apply it to today’s economy and society.

Every year, human activity moves more sediment and rock than all natural processes combined, including erosion and rivers. This might not shock you. In fact, you’ve probably seen similar soundbites circulating online, signals of the sheer scale of how we’re terraforming the planet in the era of the Anthropocene. Natural and social scientists argue passionately about almost everything Anthropocenic, from the nuances of nomenclature to the start-date of the new geological epoch, but most agree on one thing: the Earth will outlive humanity. What’s in doubt is how long we will populate the planet, and under what conditions.

Friday and Monday the stock market took a huge drop and Trump’s opponents went a little mental over it. That’s really not very interesting, stock markets drop from time to time for all kinds of reasons. What makes it in any way relevant is that Trump continually claims credit for the market having gone up since he took office, even though it’s gone up steadily for almost a decade now. And that means Trump’s sycophants have to find some explanation for it. Let the fun begin with Sean Hannity, who of course blames it on Obama:

The New York Times, the world’s premier journalistic purveyor of a “fake,” imperial, and profoundly white capitalist world view — masquerading as all the news that’s fit to print — wants us to believe that a now-bankrupt London-based public relations firm is behind South Africa’s regime-shaking debate over the rule of “white monopoly capital.”

During her last news conference in December, Janet Yellen stood firm on her record stating, “The global economy is doing well. We’re in a synchronized expansion. This is the first time in many years that we’ve seen this.”

Despite all the euphoria in the past period about the world recovery and booming stock markets, events have taken a sharp turn for the worse. Over the past week, stock markets around the world have plunged.

U.S. Secretary of State Rex Tillerson is threatening to ban the import and export of oil and crude products from Venezuela into the U.S. to pressure President Nicolas Maduro to “return to the constitution.”

During his first State of the Union address on Tuesday, Donald Trump pledged the United States would continue its “campaign of maximum pressure” against North Korea.

Take the stock market, for example. Last Friday, the Dow Jones Industrial Average closed down 666 points, or 2.5 percent, its biggest percentage decline since the Brexit turmoil in June 2016 and the steepest point decline since the 2008 financial crisis.

Here’s a list of some of the immigration absurdities now circulating in the media and in the political class.

The Washington, DC Public Charter School Board oversees some 120 public charter schools in the nation’s capitol, serving more than 43,000 students. And one member of that school board, John Goldman, is an MRA with clear white supremacist leanings. He has admitted to having an alter ego, “Jack Murphy,” under which he posted to websites and participated in debates.

There’s no way to measure just how cheery this period really is — not if you’re the CEO of a major company. Just as the World Economic Summit was opening in Davos, Switzerland, and President Donald Trump was flying in to put his mark on the moment, PwS, a global consulting firm, released its annual survey of 1,300 CEOs.

Two documents published by the U.S. government in the past two months spell it out loud and clear: the U.S. is on the warpath against emerging big power rivals China and Russia.

We all know that Hollywood movies are fictional, right? Even the ones “based on actual events”? But at some level, if a fictional film references actual history and includes stunning visuals, great acting, and a powerful musical score, it can become accepted and internalized as “the truth.”

Thomas Friedman had a column in the New York Times yesterday justifying the Israeli slaughter of Arab civilians. Israel needs to go “crazy” in its confrontation with Hezbollah and Iran in Lebanon and Syria because, “This is not Scandinavia.”

The current expansion has gone on for 102 months. Only the expansions from March 1991 to March 2001 (120 months) and from February 1961 to December 1969 (106 months) are longer. Unfortunately, growth during this expansion has been slow and the gains have largely gone to a very few. And there are signs of economic trouble ahead.

 “Congress Advances Bill to Renew NSA Surveillance Program After Trump Briefly Upstages Key Vote” was the headline on a Washington Post article. The lead described the bill as reauthorizing “the government’s authority to conduct foreign surveillance on U.S. soil.”