What is needed is a program directed toward an intermediate goal which both rejects the existing social order and at the same time is attainable without overthrowing it. —Leo Huberman and Paul M. Sweezy
Geography Archives: United States
Record inequality and corporate profits are what media call a ‘strong economy’
Last month, CNBC (10/7/19) reassured us that fears of a potential recession are “overblown,” because the “hard data” shows that the “U.S. economy remains strong.”
Elizabeth Warren endorses Trump’s economic war on Venezuela, then soft-pedals far-right Bolivia coup
In a nauseating interview on Pod Save America, Elizabeth Warren endorsed suffocating US sanctions on Venezuela, backing Trump’s strategy to stop its “ability to have an economy” while parroting neocon regime-change myths. She then whitewashed the far-right military coup in Bolivia.
‘Orwellian absurdity’: U.S. reversal on settlements draws international outrage
U.S. Secretary of State Mike Pompeo announced on Monday that the U.S. was softening its position on Israel’s network of settlements in the occupied Palestinain territory, saying it was revoking the notion that settlements are illegal under international law—a notion recognized by the rest of the world as factual and true.
A wealth tax: because that’s where the money is
The bank robber Willie Sutton, when asked by a reporter why he robbed banks, is reputed to have answered, “Because that’s where the money is.” Which brings us to a wealth tax.
The clear U.S. role in Bolivia’s tragic hard-right coup
With the backing of the U.S. government, a highly sophisticated and well-resourced coup has succeeded in overthrowing Bolivia’s legitimate and democratically elected president Evo Morales. This massive blow against democracy and social progress comes after more than a decade of U.S. intervention aimed at destabilising Bolivia and overthrowing its successful socialist government.
Why aren’t Americans rising up like we are seeing across the Planet?
We can’t predict exactly what catalyst will trigger a mass movement in the U.S. like the ones we are seeing overseas, but with more and more Americans, especially young people, demanding an alternative to a system that doesn’t serve their needs, the tinder for a revolutionary movement is everywhere. We just have to keep kicking […]
MMT & the Art of Social Practice with Vienne Chan (Live)
In this special live episode of Money on the Left, artist and researcher Vienne Chan joins us to talk art, politics, and money—and how Modern Monetary Theory (MMT) reconfigures the boundaries between all three. Recorded at the Third Annual International Conference on Modern Monetary Theory held at Stony Brook University, our conversation focuses specifically on […]
The 2019 UN vote against the U.S. blockade of Cuba
Trump’s Washington Remains Cornered
Public defender Chesa Boudin wins San Francisco D.A. race in major victory for progressive prosecutor movement
Son of incarcerated parents, backed by Black Lives Matter co-founders, Boudin will be the next DA of San Francisco.
By trying to silence Sanders, the corporate media de-legitimize themselves
Sanders has been made into a non-person, and his proposals routinely distorted, because the corporate media want Americans to meekly submit to the Race to the Bottom.
#Bernieblackout: The media isn’t even hiding its anti-Bernie bias anymore
From blackouts to cheap visual editing to outright hostility, the corporate media is pulling no punches in its effort to undermine Bernie Sanders and his egalitarian message.
How U.S. sanctions on Iran are killing innocent people
It is a measure of the fortitude of Iran that—despite these unilateral U.S. sanctions—it has been able to maintain production of medical equipment and drugs. Nonetheless, the Human Rights Watch report should be seen as an alarm.
The empire, Trump and intra-ruling class conflict
Over the past few months President Trump has unilaterally by Tweet and telephone begun to dismantle the U.S. military’s involvement in the Middle East. The irony is amazing, because in a general overarching narrative sense, this is what the marginalized antiwar movement has been trying to do for decades.(1) Prof. Harry Targ, in his important […]
Nazi-normalizing barf journalism: A brief history
The article was met with howls of protest across Twitter, but among the many apt responses, Bess Kalb’s description (11/25/17) captured my heart and gave me the single most useful phrase of the Trump era: “Nazi-normalizing barf journalism.”
Public ownership in the ‘commanding heights’ of the economy
Stuart Holland’s Meso-Socialism.
Unpacking the super exploitation of black women
The situational systematic position of Black women, particularly in the US, has long been explained throughout the decades whether it has been called “triple oppression”, “double jeopardy”, or more notably, “intersectionality”.
Chicago teachers score a historic victory, classes to resume
After the City met the union’s final demand regarding days missed due to the strike, the CTU declared a victory and classes will resume tomorrow.
The revolution isn’t being televised
It’s all kicking off everywhere in 2019. Haitians are revolting against a corrupt political system and their President Jovenel Moïse, who many see as a kleptocratic U.S. puppet. In Ecuador, huge public manifestations managed to force President Lenín Moreno to backtrack on his IMF-backed neoliberal package that would have sharply cut government spending and increased […]
Another look at the Federal Reserve’s panic in September 2019 and solutions to the crisis
You may recall that from 17 September 2019, the United States Federal Reserve injected massive amounts of liquidity into banks due to a quite abnormal situation on the repo market.(1) The repo market designates a mechanism used by banks to obtain short-term financing. They sell securities they hold in repurchase agreements (repo).
