Archive | Commentary

  • A “People First” Strategy: Credit Cannot Flow When There Are No Creditworthy Borrowers or Profitable Projects

    In 1930, John Maynard Keynes wrote: “The world has been slow to realise that we are living this year in the shadow of one of the greatest economic catastrophes of modern history.”  Today, as then, we are in the shadow of catastrophe.  Today, as then, our thinking is slow.  We need to come to grips […]

  • Demonstration in Baghdad against US Occupation

    Thousands of supporters of Shi’i leader Muqtada al-Sadr demonstrated in Baghdad to demand an end to the “US occupation,” on the sixth anniversary of the fall of Saddam Hussein’s regime. From early morning, a multitude of youths, waving Iraqi flags and upholding portraits of Muqtada al-Sadr, assembled, despite the relentless rain, in Firdos Square, where, […]

  • Deconstructing Labor: What Is “New” in Contemporary Capitalism and Economic Policies: a Marxian-Kaleckian Perspective

    Paper presented at the Congrès Marx International V, Paris-Sorbonne et Nanterre, October 2007 1.  Introduction About a decade ago the radical left, both in Italy and elsewhere in Europe, had been gripped by an understanding of contemporary capitalism as based on a three-pronged tendency: ‘globalization’ as an already accomplished state, the ‘end of labor’ due […]

  • Which Side Are You On? Hakenmura and the Working Poor as a Tipping Point in Japanese Labor Politics

      This article analyzes one of Japan’s most widely reported labor stories in recent years.  The unusual degree of national attention given to this incident is evidence that the labor question has become a central issue in Japanese politics.1  It also offers insight into critical shifts in the landscape of both labor politics and labor […]

  • Moldova in the Russian Media

    Boris Kagarlitsky: “Moldovan Turmoil Grew Out of Unresolved Social Problems” Moldova Blames Romania for Riots Opposition Promises Larger Protests Violence Escalates in Moldovan Capital Mikhail Chernov: “Defeat of Moldovan Democracy” Kirill Koktysh: “Those Taking Part in Moldovan Protests Are Mainly Migrant Workers Who Had to Return Home amid the Financial Crisis” Aleksandr Fomenko: “Protest in […]

  • Wrestling with the Past

    Sonya Huber.   Opa Nobody.   Lincoln: University of Nebraska Press, 2008.  xvi + 358 pp.  Illustrations.  ISBN 978-0-8032-1080-6; $24.95 (cloth), ISBN 978-0-8032-1080-6. In recent years, scholars have grappled with the specific manner in which recent generations of Germans and Austrians have confronted their own familial complicity in Nazism.  The narratives revealed by these studies […]

  • Obama and the Banks

    If we take a look at the recent self-described progressive US presidents (Jimmy Carter and Bill Clinton), we will notice that their progressiveness invariably fades away, not even intentionally.  That is because the beast compels them to align themselves with its own reality.  Carter, who campaigned against the wage stagnation of the Nixon-Ford years, collapsed […]

  • G20 and Inter-capitalist Conflicts

    In the Financial Times of March 31st, Martin Wolf set down a straightforward criterion to evaluate the outcomes of the G20 meeting in London.  Will they decide, he asked, to put forward a plan to shift world demand from the countries with a balance of payments deficit to those with a surplus?  The underlying reasoning […]

  • China’s Way Forward?  Historical and Contemporary Perspectives on Hegemony and the World Economy in Crisis

      2008 — Annus Horribilis for the world economy — produced successive food, energy, and financial crises, initially devastating particularly the global poor, but quickly extending to the commanding heights of the US and core economies and ushering in the sharpest downturn since the 1930s depression. As all nations strive to respond to the financial […]

  • Scholars around the World Express Concerns about Current Crisis in Northeast Asia

    Despite some hopeful signs in the last two years, the Korean peninsula is again teetering toward crisis.  The Six Party Talks are stymied.  Progress toward normalizing relations between the United States and North Korea has stalled.  Relations between the two Koreas have deteriorated. In this context, North Korea’s rocket launch this week and the overreaction […]

  • Turkey: “NATO: 60 Years Is Enough” and “Obama, Go Home”

    Cf. Emine Özcan, “Thousands of People Say ‘Enough’ to 60 Years of Nato” (Bıa News Centre, 5 April 2009).

  • Israel Railways Accused of Racism over Sacked Arab Guards

    A decision by Israel’s state-owned railway company to sack 150 Arab workers because they have not served in the army has been denounced as “unlawful” and “racist” this week by Arab legal and workers’ rights groups. The new policy, which applies to guards at train crossing points, is being implemented even though the country’s Arab […]

  • Gringo: Reviewing a North American Anti-imperialist Student’s Experience of Latin America

      Chesa Boudin, Gringo: A Coming of Age in Latin America, 240 pages, Scribner (April 2009). Chesa Boudin’s South American travel memoir and coming of age story Gringo is good and useful on several levels.  It’s a poetically personal On the Road for a new generation and a vivid primer in the human cost of […]

  • Evolution of the Mexican State

    The Mexican state appears to be changing, leading a number of Mexican intellectuals to speculate on the nature of the change.  This is not simply a question of Mexico becoming a “failed state,” about which there has been much speculation, but rather an attempt to theorize the evolution of the Mexican state at this moment.  […]

  • Israel on Trial

    Chilling testimony by Israeli soldiers substantiates charges that Israel’s Gaza Strip assault entailed grave violations of international law.  The emergence of a predominantly right-wing, nationalist government in Israel suggests that there may be more violations to come.  Hamas’s indiscriminate rocket attacks on Israeli civilians also constituted war crimes, but do not excuse Israel’s transgressions.  While […]

  • Do Darfur’s IDPs Have an Urban Future?

    Most of Darfur’s internally-displaced camps are urban settlements in all but name.  In geographical terms the most striking impact of the last seven years has been to change Darfur from being overwhelmingly scattered rural villages and hamlets to huge extended cities.  In the wake of the abrupt expulsion of the international NGOs which provided a […]

  • Chávez: The Empire of the Dollar Is Coming to an End

    Proposal for the Creation of the “Petro” Currency Should Not Be Seen in Isolation Caracas, 31 Mar (ABN) — The proposal of the president of Venezuela, Hugo Chávez Frías, to create a new currency called the “Petro” should not be seen in isolation from what is happening in today’s global economy, said the governor of […]

  • The Blighted Groves of Academe

      The more I read about the state of our colleges and universities, the more thankful I am that I quit my job at the University of Pittsburgh at Johnstown (UPJ) in 2001, after thirty-two years of teaching.  I wrote the following essay a dozen years ago, and since then, matters have gotten progressively worse, […]

  • Unemployment Jumps to 8.5 Percent, Economy Sheds 663,000 Jobs

    The age-adjusted unemployment rate is already above the 1982 level. The unemployment rate jumped to 8.5 percent in March as the economy shed another 663,000 jobs according to the Bureau of Labor Statistics.  With the job loss reported for March, and upward revisions of 84,000 for the prior two months, the economy has lost an […]

  • France: Anti-NATO Protesters Clash with Police, 300 Arrested, 105 Detained

    The clashes between police and anti-NATO demonstrators in Strasbourg on Thursday, 2 April resulted in 300 people arrested and 105 detained, according to the figures released by the police on Friday.  DDP, a Germany news agency, reported that its photographer was injured by a rubber bullet during the clashes. The Résistance des Deux Rives collective […]