Geography Archives: United States

  • Sense and Nonsense in the Balanced Budget Debate: A Socialist Response

      The Republicans have successfully changed the main emphasis of the economic debate from job creation to deficit control.  Why the urgency for balanced budgets?  After all, this anemic “recovery” has set itself apart from all previous post-war turnarounds precisely by its manifest failure to generate jobs.  Economic growth needs to considerably exceed 3% per […]

  • From Lender of Last Resort to Global Currency?Sterling Lessons for the US Dollar

      Financial crises are bad news for the status of the currency in which the turmoil is denominated, right? So the US-made financial crisis must be bad for the dollar, right? And especially so because of the expansive dollar monetary policy that has ensued, right? Ambiguity on What “Strong Currency” Means Several economists appear to […]

  • Brazil Needs to Quit Haiti

    U.S. diplomatic cables now released from Wikileaks make it clearer than ever before that foreign troops occupying Haiti for more than seven years have no legitimate reason to be there; that this a U.S. occupation, as much as in Iraq or Afghanistan; that it is part of a decades-long U.S. strategy to deny Haitians the […]

  • Price Formation in Financialized Commodity Markets: The Role of Information

      Excerpt: The mid-2000s marked the start of a trend of steeply rising commodity prices, accompanied by increasing volatility.  The prices of a wide range of commodities reached historic highs in nominal terms in 2008 before falling sharply in the wake of the financial and economic crisis.  Since mid-2009, and especially since the summer of […]

  • What Happened at Fukushima and Why It Can Happen Here

      “The primary cause is an extended loss of power at the power plant, as ironic as that might be.  When the earthquake occurred, the normal grid was lost, and the plant’s own in-plant power from the generators was also lost because of the result of the earthquake. . . .  The tsunami came in […]

  • Global Oil Prices

    There was a time when global oil prices reflected changes in the real demand and supply of crude petroleum.  Of course, as with many other primary commodities, the changes in the market could be volatile, and so prices also fluctuated, sometimes sharply.  More than anything else, the global oil market was seen to reflect not […]

  • Prisoners Strike against Torture in California Prisons

    The torture of prisoners in U.S. custody isn’t confined to foreign countries.  For more than two weeks, inmates at California’s Pelican Bay State Prison have been on a hunger strike to protest torturous conditions in the Security Housing Unit (SHU) there.  Prisoners have been held for years in solitary confinement, which can amount to torture.  […]

  • Still Trying to Detonate a War against Syria

    Still lacking a fire starter called diplomacy, Uncle Sam fails to detonate a war against Syria. Hamid Karout is a Syrian cartoonist.  This cartoon was first published in Tishreen on 14 July 2011; it is reproduced here for non-profit educational purposes.  Cf. “‘The OIC has a strong desire to build national dialogue between governments and […]

  • Why the Euro Is Not Worth Saving

    The Euro is crashing today to record lows against the Swiss Franc, and interest rates on Italian and Spanish bonds have hit record highs.  This latest episode in the Eurozone crisis is a result of fears that the contagion is now hitting Italy.  With a two-trillion dollar economy and $2.45 trillion in debt, Italy is […]

  • Blues on the Border: Legendary Rock Guitarist Javier Batiz Plays and Sings for “My Beloved and Beautiful Tijuana”

    Javier Batiz, the great Mexican rock-and-roll guitarist, played and sang last week in a concert that embodied and gave voice to everything that is most wonderful about Tijuana and the U.S.-Mexico border region.  Batiz, who since he was thirteen has played in the bars and nightclubs of Tijuana, performed this time with the Baja California […]

  • The Politics of Iran’s Space Program

    Iran’s recent successful launch of a second satellite into orbit has drawn considerable attention around the world. As in the past, Iran’s announcement of the launch of its domestically built satellite into space received mixed reactions in the West. Some mainstream U.S. media treated the announcement with skepticism and ridicule. “Before you cancel that European vacation or start building a bomb shelter, it’s worth taking Iran’s boasts with a grain of salt,” one commentator wrote in Wired. “While Iran has cooked up some indigenous weaponry over the years, its desire to puff out its chest and pronounce immunity from the effects of international sanctions has led to some absurd exaggerations and outright lies.”

  • Power and Water at Risk: The Energy-Water Collision

      Excerpt: Cooling power plants requires the single largest share of U.S. freshwater withdrawals: 41 percent.  This water dependence threatens both the availability and the quality of our water resources. . . . The water use habits of power plants pose risks, not only to the water sources and to other users, but also to […]

  • South African Trade Unions and ANC Youth League Protest against NATO Bombings of Libya

      NUMSA and other COSATU workers, ANC Youth League President Julius Malema, and members of the South African Communist Party gathered outside the United States Embassy in Pretoria, Gauteng to demonstrate against the NATO bombings of Libya.  “South Africa should not have voted for that resolution,” said Malema, referring to UN Security Council Resolution 1973 […]

  • Collective Bargaining or Criminal Conspiracy?

    “Emancipate yourselves from mental slavery.” — Bob Marley, “Redemption Song,” 1979 I’ve got it made.  I’m sixty-one years old and I’ve been retired for two and a half years.  I’ve got a pension, health insurance, and money in the bank.  I own my own home.  I’m debt free.  I’m a fortunate man, but it wasn’t […]

  • Bernard-Henri Lévy’s “SOS Syrie” Conference: Zionists, Muslim Brothers, and Other Leaders of “Change in Syria”

    Bernard-Henri Lévy, well known for his devotion to humanitarian military interventions, organized a conference to “stop the massacre” in Syria, “SOS Syrie,” in Paris on the fourth of July.  There is no doubt that BHL is eager to replicate his Libyan success in Syria.  Given the clear Russian opposition to any military intervention in Syria, […]

  • Oil and the Iranian-Saudi “Cold War”

    One of last month’s most interesting developments in Persian Gulf power politics played out not in the Middle East, but in Vienna, Paris, and Washington.  For these Western cities were the venues for an important series of exchanges that revealed much about the changing balance of power among the Middle East’s major oil producers, including […]

  • The Myths of Capitalism

    There is a pervasive view that growth under capitalism, though it may worsen poverty, even absolute poverty, to start with, eventually leads to a lowering of poverty.  The experience of the English Industrial Revolution is invoked in this context.  There has been a huge debate among economic historians about the impact of the Industrial Revolution […]

  • U.S. Boat to Gaza Seized by Greek Authorities and Captain Jailed: Passengers Determined to Free Captain and Set Sail Again

      After a two-hour standoff at sea, the U.S. Boat to Gaza The Audacity of Hope was seized by the Greek Coast Guard and forced to return to the port of Piraeus under military escort.  The boat’s captain has been put in jail, charged with disturbing sea traffic — which includes endangering the lives of […]

  • Washington Plans Further Actions against Venezuela

    The US government has been increasing aggressive actions against the Chavez administration in an attempt to isolate the major petroleum-producing nation and aid in ousting the Venezuelan President. During a hearing last Friday, June 24, in the Foreign Relations Committee of the House of Representatives regarding “Sanctionable Activities in Venezuela,” Democrats and Republicans requested the […]

  • Prisoners in Pelican Bay SHU to Go on Indefinite Hunger Strike July 1st!

      Prisoners in the Security Housing Unit (SHU) at Pelican Bay State Prison (California) are going on an indefinite hunger strike as of July 1, 2011 to protest the cruel, inhumane, and torturous conditions of their imprisonment.  The hunger strike has been organized by prisoners in an inspiring show of unity across racial and geographic […]