The media consensus is that union auto workers escaped the government-imposed restructuring of their industry basically unharmed, exchanging a few dings for control of the companies. Nothing could be further from the truth. Chrysler retirees — like me — were assured in 2007 that our retiree health care benefits, funded through the Voluntary Employee […]
Geography Archives: United States
Roxana Saberi’s Case: How Should the U.S. Respond?
Q.: Iran is urging President Obama not to comment on Roxana Saberi’s case. How should the Obama administration proceed at this point? “To be honest with you, as of right now, I think the best thing is just to wait. President Ahmadinejad announced that they’re gonna give her a fair shot, and I think […]
Troubled Assets: The IMF’s Latest Projections for Economic Growth in the Western Hemisphere
The International Monetary Fund (IMF) has published its latest projections for economic growth around the world.1 At first glance, the IMF projections for Latin America seem unlikely. The IMF has a lengthy record of biased projections of growth in the region2 and has been consistently underestimating growth in countries such as Argentina and Venezuela, which […]
The Immigration System: Maybe Not So Broken
David Bacon, Illegal People: How Globalization Creates Migration and Criminalizes Immigrants, Beacon Press, 2008. Hardcover, 261 pages, $26.95. With the Obama administration reportedly set to push for immigration reform this year, the debate on immigration seems likely to start up again. If it’s anything like the debate we got from the mainstream media in previous […]
Has Change Come to Post-Katrina New Orleans? Bush, Obama, and the First 100 Days
As people in the U.S. and around the world evaluate President Barack Obama’s first one-hundred days, many — that is, those who truly wanted a break from the racist, militarist, anti-working class policies of the Bush regime — are coming to the conclusion that the ‘change’ his campaign promised seems to have turned into […]
Let’s Hope This Gift Keeps on Giving
Eduardo Galeano, Open Veins of Latin America: Five Centuries of the Pillage of a Continent, 25th anniversary edition (New York: Monthly Review Press, 1997). As Editorial Director of Monthly Review Press, I was delighted to learn that Venezuelan president Hugo Chavez gave his U.S. counterpart Barack Obama a copy of Eduardo Galeano’s Open Veins […]
Lessons from History: The Case against AFRICOM
Africa has historically been less of a priority to U.S. foreign policy planners than other regions, such as the Middle East, Eastern Europe, and Latin America. This was certainly the case when George W. Bush took office in 2001. But during the course of his tenure, “Africa’s position in the U.S. strategic spectrum . […]
Excessive Liquidity Preference
Any recession by definition is associated with an excessive liquidity preference. An ex ante excess supply of goods and services, i.e. the demand for goods and services falling short of the base output at the base prices corresponding to that output, which is what a recession is, must be associated with an ex ante excess […]
Argentina Remembers: Mobilizations Mark 33rd Anniversary of Military Coup
The weekend that the hemisphere’s Presidents met in Trinidad at the Summit of the Americas marked the same weekend that Cuba defeated the US in the Bay of Pigs invasion 48 years ago. At the Summit, Nicaraguan President Daniel Ortega recalled the invasion in a speech that rightly criticized US imperialism throughout the 20th century. […]
Homage to Eve Kosofsky Sedgwick
A great American theorist and intellectual Eve Kosofsky Sedgwick, one of the founders of queer theory and the author of Epistemology of the Closet, Between Men, and Tendencies among other books and articles, died on the night of Sunday, 12 April 2009. To pay homage to her, I posed questions to two of her […]
Israel Forcefully Condemned at UN Conference against Racism
The president of Iran, Mahmoud Ahmadinejad, attended the conference to condemn the Israeli government’s brutal and repressive policy against the Palestinians. The European delegates walked out when he called the government of Israel “racist,” but the Latin Americans stayed. The United States and eight other countries boycotted the event. The Israeli government’s stance against […]
“What about Cuba, Mr. Obama?”
Barack Obama hopes to be received differently at the summit in Trinidad and Tobago: he can talk about the crisis, his administration’s new positions on Iraq and Iran, and any number of other things, but he can’t escape the fact that what matters most is his position on Cuba. The imperial vision of the United […]
Why Do the NATO Powers Think That Durban 1 Was a Setback and Fear Another at Durban 2?
1. The title of this note is intentional. Over the past twenty years, the Western powers in a military alliance (NATO) have arrogantly cast themselves as representatives of the “international community” and thus marginalized the United Nations, the only institution qualified to speak in its name. This attitude is now systematic, and, in all international […]
Default: the Student Loan Documentary
Default: The Student Loan Documentary is a feature-length documentary chronicling the stories of borrowers from different backgrounds affected by the student lending industry and their struggles to change the system. No matter when their loans were taken, many borrowers now find themselves in a paralyzing predicament of repaying two, three, or multiple times the […]
Rethink Afghanistan
Part 1: Afghanistan + More Troops = Catastrophe Part 2: Pakistan: “The Most Dangerous Country” Part 3: Cost of War Anand Gopal, Afghanistan Correspondent, Christian Science Monitor: The United States has only forces to go and control certain urban areas. . . . They don’t have the troop size, nor could they conceivably ever […]
Security Council Condemnation of North Korean “UFO” Deepens Korean Crisis
On 13 April (14 April East Asian time), Claude Heller, the Mexican president of the United Nations Security Council read a “Statement” on behalf of the Council. He condemned North Korea for something described as a “launch” it had conducted on 5 April, demanded it desist from any further such act, reaffirmed the principles of […]
The Making of a Marxist in Capitalist Crisis
Four Lectures on Marxism (Monthly Review Press, 1981). Reprinted by Cornerstone Publications, Kharagpur, West Bengal. ISBN 978-81-88401-17-8. Rs 55. pp 97 Back in the dog days of the Great Depression, “a very bourgeois American first-year graduate student” (as he would describe himself in a letter to a friend decades later) from Harvard landed in […]
Latin America Changes: Hunger Strikes in Bolivia, Summits in the Caribbean
After Bolivia beat the Argentine soccer team led by legendary Diego Maradona by 6 to 1, Maradona told reporters, “Every Bolivia goal was a stab in my heart.” Bolivia was expected to lose the April 1 match as Argentina is ranked as the 6th best soccer team in the world, and Maradona enjoys godlike status […]
Americans Favor New Approach to Cuba: Lift the Travel Ban, Establish Diplomatic Relations
Questionnaire/Methodology (PDF) Full PDF Version A majority of Americans feel that it is time to try a new approach to Cuba, according to a national poll by WorldPublicOpinion.org. More specifically, the public favors lifting the ban on travel to Cuba for Americans and re-establishing diplomatic relations as well as other changes. By a wide margin […]
Industrial Production and Capacity Utilization
Industrial production fell 1.5 percent in March after a similar decrease in February. For the first quarter as a whole, output dropped at an annual rate of 20.0 percent, the largest quarterly decrease of the current contraction. At 97.4 percent of its 2002 average, output in March fell to its lowest level since December […]
