Archive | December, 2023

Jayati Ghosh speaks about the growing debt crisis in the global south, the IMF’s never-ending affinity for austerity and the need to confront the power of financial capital.

A report issued by the European Council on Foreign Relations (ECFR) has warned that the European Union is being vassalized by the United States.

In the Communist Manifesto, Karl Marx highlighted that “constant revolutionising of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones”.

Rising corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for workers’ wages, according to research by IMF economists.

Wiktionary: ‘Carrying water’ is to to do someone’s bidding; to serve someone’s interests.

The sheer scale of China’s development has been a world-shaping event.

From Hillary Clinton being his mentor, up to his planning for the Nord Stream sabotage operation, Jake Sullivan has risen through the ranks of the U.S. policy circles to become the man effectively running U.S. Foreign Policy today.

The U.S. Supreme Court on Friday with a stroke of the pen blocked a measure that would have provided limited relief for 43 million Americans suffering under a crushing debt burden of $1.7 trillion in outstanding federal student loans.

The USA and its allies pose themselves as “Global Leaders”. They could and should be, as they are the countries with the greatest concentrations of wealth, power and technical know how, communications and education, but they are falling horribly short; because they see leadership as the same thing as dominance–and subordinate everything else to that.

Free-market Accountability Equals Failed Bankrupt Project

Mark Paul joins Money on the Left to discuss his new book, The Ends of Freedom: Reclaiming America’s Lost Promise of Economic Rights (University of Chicago Press, 2023). In his book, Paul scours U.S. political and economic history to recover, reclaim, and adapt the rhetoric of economic rights for our current political moment.

37 years after a 1986 International Court of Justice ruling, the United States still refuses to pay Nicaragua the reparations it legally owes. Today, the Nicaraguan government is demanding that the United Nations take action.

Israeli violence against Palestinians is not new, but it has been escalating rapidly.

The saga of the OceanGate Titan submersible was the sort of story that rivets millions of people. Not only was it revealed that passengers paid $250,000 to see the wreck of the Titanic, but the vessel was poorly built, and its creator ignored warnings about its defects and continued to use it.

Observers have drawn a number of conclusions based on a recent series of visits to the site of the Nord Stream pipeline rupture via drone.

Marx diagnosed the oppression of the working class, the alienation of workers from their labor, as well as the alienation of all human beings living within capitalism from their own authentic selves, and proposed that it was objectively possible that emancipation, true liberation, would come one day.

A Deeply Misleading Narrative: Answering the Claims of Cedric Robinson’s ‘Black Marxism’.

Reuters’ report highlights that 100 living American politicians and senior officials belong to slave-owning families.

Nearly a hundred professors, experts and scholars from more than 20 universities and research institutions in more than ten countries, including the United Kingdom, China, Germany, the United States, Ireland, Spain, Romania, Denmark, Turkey and India, hold in-depth discussions to commemorate the 175th anniversary of “The Communist Manifesto.”

Spend less, work longer or get another job, move in with your parents or get a flatmate. But whatever you do, don’t push for a pay rise to compensate for inflation.