Archive | July, 2022

The New York Stock Exchange is perhaps the premier institutional expression of the capitalist economy.

House Speaker Nancy Pelosi has continued to pour gasoline on the foreign policy dumpster fire that is her planned visit to Taiwan next month, now reportedly encouraging other members of congress to come along for the ride.

In 1991 Pelosi and two congressmen unfolded a banner on Tianamen in front of the international media that said: “To those who died for democracy in China.” Police immediately intervened and ended the stunt.

What the mainstream media fail to see in the coverage of the current Ukraine crisis is that there is no text (narrative) without context. Long before the mainstream U.S. (and UK) media launched a worldwide propaganda war against the Russian invasion of Ukraine in February, the CIA had laid the foundations of the conflict in the early years following the Second World War–the Cold War.

Last month, British Home Secretary Priti Patel approved Assange’s extradition to the U.S., where he faces 175 years imprisonment under the Espionage Act for publishing true information exposing American war crimes in Iraq and Afghanistan.

Trade unions furious with Sir Keir for sacking shadow transport secretary as McDonnell backs growing calls for a general strike.

It is seventy years since the death of Evita, an extraordinary character in Argentine and Latin American history. Owner of a penetrating and mobilizing oratory, she was a proudly plebeian popular leader whose class instinct defined the most advanced and contesting features of Peronism.

Gas shipments through the Nord Stream 1 pipeline, which runs from Russia to Germany, were reduced to 40% of capacity in June, a cut that Moscow said was due to delays in the servicing of a turbine by the German firm Siemens.

The Western strategy to weaken Russia backfires on Europe.

The value of the federal minimum wage has reached its lowest point in 66 years, according to an EPI analysis of recently released Consumer Price Index (CPI) data.

Human capital theory cannot solve our economic woes. David Ridley says we need a socialist alternative.

India will have to respond by increasing interest rates further sooner rather than later. Higher U.S. interest rates make global capital abandon other countries and rush to American bonds whose market yields have doubled at the shorter end.

Renowned revolutionary leader and health worker Mutulu Shakur has spent over three decades in prison. As his cancer worsens, activists are demanding his release.

The concept of labor constituted a pivotal problematic in Georg Lukács’s theoretical development throughout his Marxist years.

We come to this National Council three years after the Congress and two of them in pandemic, without pause in the follow-up to the agreements of that long, deep and critical meeting that opened the way to some solutions and a thousand more challenges.

On Tuesday, Donald Trump spoke to an audience of Republican lawmakers and former Trump administration officials in his first public appearance in Washington D.C. since leaving office on January 20, 2021.

Thirty-one members of the white supremacist Patriot Front from across the U.S. were detained after preparing an assault on a Pride festival in Coeur d’Alene, Idaho, June 12.

In the preface to the first edition of volume one of Capital, dated July 25, 1867, Marx introduces the book’s “ultimate aim”: “to lay bare the economic law of motion of modern society”. Looking back 155 years later, it’s clear the book not only accomplished that aim but continues to do so today.

The trade unionists were placed under house arrest and searched on July 19th, based on a 350-page indictment of the Piacenza Public Prosecutor’s Office against USB and Si Cobas unions.

This interview is part of a series with the Blended Finance Project a group of unions, non-governmental organizations and academics who are concerned about the Canadian government’s embrace of what is called “blended finance.”