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Geography Archives: United States

Stock market ride

What goes up…

Take the stock market, for example. Last Friday, the Dow Jones Industrial Average closed down 666 points, or 2.5 percent, its biggest percentage decline since the Brexit turmoil in June 2016 and the steepest point decline since the 2008 financial crisis.

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Tiki Torch March

DC school board member: ‘Feminists need rape’

The Washington, DC Public Charter School Board oversees some 120 public charter schools in the nation’s capitol, serving more than 43,000 students. And one member of that school board, John Goldman, is an MRA with clear white supremacist leanings. He has admitted to having an alter ego, “Jack Murphy,” under which he posted to websites […]

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Collusion

Tomgram: Nomi Prins, how to set the economy on fire

There’s no way to measure just how cheery this period really is — not if you’re the CEO of a major company. Just as the World Economic Summit was opening in Davos, Switzerland, and President Donald Trump was flying in to put his mark on the moment, PwS, a global consulting firm, released its annual […]

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Economic troubles

Signs of economic trouble ahead

The current expansion has gone on for 102 months. Only the expansions from March 1991 to March 2001 (120 months) and from February 1961 to December 1969 (106 months) are longer. Unfortunately, growth during this expansion has been slow and the gains have largely gone to a very few. And there are signs of economic […]

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Cities woo Amazon to become second HQ (photo credit: CNN money)

Amazon is a 21st-century digital chain gang

When Amazon announced plans to locate a $5 billion, 50,000-employee complex as its second headquarters somewhere in North America, state governments and municipalities fell over themselves offering billions of dollars in tax abatements and corporate subsidies to secure the prize.

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Award-winning documentary maker John Pilger.

Mainstream media and imperial power

Noted journalist and filmmaker John Pilger’s collection of work has been archived by the British Library, but deep-rooted problems of Western media create an increasingly difficult landscape for ethical journalism, as Pilger explained in an interview with Dennis Bernstein and Randy Credico.

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MLK Poor Peoples Campaign Poster 1968

Martin Luther King’s radical anticapitalism

In a posthumously published essay, Martin Luther King, Jr. pointed out that the “black revolution” had gone beyond the “rights of Negroes.” The struggle, he said, is “forcing America to face all of its interrelated flaws—racism, poverty, militarism and materialism. It is exposing the evils that are rooted deeply in the whole structure of our […]

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Warren Buffett (Rebalance IRA)

Warren Buffett & imperial economics

Warren Buffett is one of the wealthiest people in the world. He is also Chairman of the Board, President and Chief Executive Officer of Berkshire Hathaway, a huge U.S. investment conglomerate. Looking at Berkshire’s investment policy reveals some important features of the economics of imperialism today and the role of money capitalists.

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Utopia and the right to be lazy

Utopia and the right to be lazy

Students are much too busy to think these days. So, when a junior comes to talk with me about the possibility of my directing their senior thesis, I ask them about their topic—and then their schedule. I explain to them that, if they really want to do a good project, they’re going to have to […]

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