Large proportions of African Americans registered strong opposition to building a wall on the southern border, keeping undocumented people in limbo, and mass deportations.
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Top 1% up $21 Trillion. Bottom 50% down $900 Billion.
The insights of this new data series are many, but for this post here I want to highlight a single eye-popping statistic. Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion. The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period.
Kashmir on the edge of the abyss
Tariq Ali on the situation in Kashmir.
Oil lobbyist touts success in effort to criminalize pipeline protests, leaked recording shows
In an audio recording obtained by The Intercept, the group concedes that it has been playing a role behind the scenes in crafting laws recently passed in states across the country to criminalize oil and gas pipeline protests, in response to protests over the Dakota Access pipeline.
Seattle and the socialist surge in the U.S.
Seattle’s Socialist City Councilmember, Kshama Sawant, is in the midst of a major fight for re-election. U.S. elections are long and expensive compared to most of the world. Seattle city elections are in two parts: a primary that runs through August 6 and then a run-off between the top two candidates decided on November 5.
What did Engels say about revolution?
Engels was a revolutionary democrat and a revolutionary realist, argues Dragan Plavšić
Washington intensifies its collective punishment of Venezuelans
Despite previous sanctions leading to over 40,000 deaths in Venezuela over two years, the U.S. is escalating its economic offensive.
Here’s the evidence Corporate Media say is missing of WaPo bias against Sanders
Bernie Sanders has taken to calling out corporate media for their anti-progressive bias, and their feathers have gotten quite ruffled.
Green designs for 21st century socialism
Before turning to the subject matter at hand two abiding issues in Marxist thinking need to be addressed. First, when Marx inveighed against Utopian Socialist futuristic model building, he never intended it to become a mantra dissuading socialists from thinking practically about socialist institutional design.
Political upheaval over Tlaib and Omar shows the power of BDS
We are in the middle of a political upheaval on Israel/Palestine in the United States, and Americans who are concerned with Palestinian human rights live for these moments. They are the moments of potential change: When more tarnish is added to Israel’s image, and Americans get a clearer picture of what the Jewish state actually […]
Lula: “U.S. hand” on everything that’s happened in Brazil
In an interview with Bob Fernandes, on TVE Bahia, former president Luiz Inácio Lula da Silva said that the U.S. government “created the Lava Jato investigation to take our oil.”
Time is running out
Richard Reeves is right about one thing: time is crucial to capitalism’s legitimacy. The premise and promise of capitalism are that the future will be better than the present. And “if capitalism loses its lease on the future, it is in trouble.”
CEO compensation has grown 940% since 1978
Typical worker compensation has risen only 12% during that time
Financial turbulence continues as major economies move towards recession
In response to the Wall Street decline, markets in Asia fell, with Japan’s Topix index down 1 percent while the Australian market dropped 2.9 percent, wiping $60 billion off share values. Markets in Europe also fell before recovering some of their losses later in the day.
The commodity and the making of “woman”
If we have little interest in the scholasticism and the baroque arcana of contemporary marxist theoretical debates, the wealth of marxist theory can be neither dismissed nor ignored. And debates around marxist inspired feminism are a case in point.
The IMF’s latest victims
In 2013, the International Monetary Fund produced a report acknowledging that it had “underestimated” the effects that austerity would have on Greece’s economy. Yet the Fund has made the same mistakes in its subsequent deals with Argentina and Ecuador.
The Trump administration dismantles endangered species protections as sixth mass extinction crisis looms
Today, the Trump administration released a final rule dismantling the role of science in informing protections for endangered and threatened wildlife. The Endangered Species Act (ESA) and the protections it has afforded to threatened and endangered species have been based on the best available science and commercial data.
Trump starves Venezuela, Democrats are silent
The Trump administration is intensifying its economic warfare on the people of Venezuela with a crippling embargo—and facing no resistance from the Democratic Party.
History often proceeds by jumps and zig-zags
The main conflict here – since the 1940s – has been between India and Pakistan. Disagreements are deeply rooted in the political culture of each country. The rise of the far right in India has only inflamed the conflict further.
Out of the gloom
It may be summer in the northern hemisphere but politics is more gloomy and the lack of light demoralising.
