Research for this report calculates the movement of financial resources into and out of Africa and some key costs imposed on Africa by the rest of the world. We find that the countries of Africa are collectively net creditors to the rest of the world, to the tune of $41.3 billion in 2015.1 Thus much […]
While many of us could hardly concentrate on everyday matters as we thought obsessively about the fragile and unfortunate fate of Oscar López Rivera, the former political prisoner painted peacefully in the prison in Terre Haute Indiana. Then on January 17, at 3:30 pm a guard called him to let him know that he had […]
Leader of the Landless Rural Workers’ Movement (MST), Joao Pedro Stedile, on the Brazilian political scenario, the role of the O Globo media network, the internal divisions among the putschists, and the need of building a transition government and the people’s project of Brazil.
During my recent archival visit to Harvard, I was able to copy a magnificent trove of final examinations in economics (up through 1949…there is much more going forward, but I had to move on). Now I begin the curatorial work of pairing some of those examinations to course materials I have posted earlier and where the exam […]
Since losing the presidential elections the Democratic Party has been waging non-stop war against President Trump, focusing on his allegedly dubious connections with Russia. Abetting them have been members of the security and intelligence services who have been leaking information to the press. You might say that ‘all is well in love and war’, and […]
Words like fascist and authoritarian get thrown around too promiscuously. But there is no other way to describe David Clarke, who today announced that he was named assistant secretary of the Department of Homeland Security. (The Department has not confirmed Clarke’s appointment.) Clarke occupies the extremist, anti-democratic fringe of far-right officials, even by the standards […]
Political feasibility becomes irrelevant when science teaches us that this is the course human society must follow if we are to survive.
It must be part of a bold and insurgent campaign based on resistance to racism, austerity and war that focusses on mass rallies and mobilisations. Giving in to the right can only make it weaker.
As the SKWAWKBOX examined this morning, Labour spokesman and front-bencher Barry Gardiner has become one of the sensations of the General Election campaign so far, with his charming but emphatic handling of various mainstream media interviewers.
May Square was, once again, the containment wall under the umbrella of the human rights organizations, which beyond their lamentable divisions, are the only reference that all great majorities respect. Precisely because when the society was muted by terror, from there emerged the first voices of pain, anger and decision so that impunity would not […]
Venezuela has been rocked in recent weeks by almost daily protests and counter-protests, as right-wing opponents of socialist President Nicolas Maduro seek to bring down his government.
It’s very easy to say, “Oh, Trump’s gone off the reservation.” But actually, this is part of the American political culture, past and present.… Go back to the Know-Nothings, George Wallace, Richard Nixon, the Southern strategy. This is an important strand of our political culture.…That’s a more frightening thought than calling Trump a lunatic and […]
On a recent visit to Britain, Noam Chomsky explained that an “extremely hostile media” is damaging Jeremy Corbyn’s appeal, and as a result is responsible for Corbyn’s unpopularity.
The U.S. media’s treatment of the crisis in Venezuela is almost as craven as the corporate media in Venezuela itself. Articles like the following from TeleSur, and an article we recently posted from The Dawn, provide a much-needed corrective. As Marta Harnecker explained the April 2017 issue of MR (“A New Revolutionary Subject“): “The attacks […]
Last week Puerto Rico officially became the largest bankruptcy case in the history of the American public bond market. On May 3, a fiscal control board imposed on the island’s government by Washington less than year ago suddenly announced that the Puerto Rico’s economic crisis “has reached a breaking point.” The board asked for the immediate […]
The information contained within the 2017 edition of the National Footprint Accounts, and especially its elegant publishing platform, will be useful to critics of the status quo maintained by the major capitalist economic powers. To make sense of the data critically, however, one must go far beyond the explanation given below, as root causes are […]
From El Salvador, where the meeting of Chancellors of the Community of Latin American and Caribbean States (CELAC) is being held, the Minister of Education and leader of the Presidential Commission of the Constituent National Assembly affirmed that one of his goals is to restore the principle of cooperation of the powers, because that’s the […]
Why is the cause of abnormally high corporate profit margins in the US. The phenomenon is amongst other things upsetting the standard notion that profits are mean reverting to historic averages. Jeremy Grantham (of the global investment management firm, GMO) puts the cause down to three other factors: increased monopoly power, increased political power and […]