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Haley Pessin

Racism, capitalism and rebellion

I want to start by acknowledging the significance of what has happened in the last ten days. We’re now in the midst of what we can definitively say is the biggest wave of mass protests in the United States since the 1960’s

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Unemployement

Chart of the day

Yesterday morning, the U.S. Department of Labor reported that, during the week ending last Saturday, another 1.4 million American workers filed initial claims for unemployment compensation.

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Deccan Herald Doctors protest in Delhi over Kolkata hospital violence | Deccan

India’s abysmal healthcare system

DD Kosambi uses a telling example to illustrate the crisis of Indian feudalism: at the third Battle of Panipat in 1761, the troops on oneside had not had enough to eat, while the troops on the other side just managed to assuage hunger by looting villages in the neighbourhood; neither side in short had arranged […]

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Sailors on the USS Theodore Roosevelt.

Vaccine imperialism

In March, COVID-19 breached the considerable defences of the USS Theodore Roosevelt. The colossal nuclear-powered aircraft carrier, which has played a central role in defending the U.S.’s imperialist interests over the past three decades, proved no match for the virus, which infected more than 1,000 crew members in a matter of days.

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Image by DonkeyHotey via Flickr

BlackRock’s rise shows the dark direction of monopoly capitalism

Matt Taibbi concluded that the 2008 Wall Street bailout had “built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for […]

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