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Subjects Archives: Capitalism

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The defeat of democracy in Brazil

Many wonder how it is possible, following the democratic governments of Fernando Henrique Cardoso, Lula, and Dilma Rousseff, that Brazilians have elected as President a shady federal deputy and die-hard defender of the military dictatorship that ruledthe country 1964-1985.

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Ecological footprint

The global rise of fascism: capitalism end game?

It is everywhere. In a few years, it has metastasized like a cancer, on all continents. Its fervent proponents and ill-informed supporters call it populism or nationalism. In the Italy, Germany, or Spain of the 1930s, however, this ideology of exclusion and fear, defined by a hatred of the other, together with a tyrannical executive power, was called […]

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"Brexit is a monstrosity"

Brexit—another day in the death of the old world order

To fully appreciate the exquisitely excruciating crisis which the British state has landed itself in consider the fact that if Britain wants to get out of Europe it must surrender part of its sovereignty over Northern Ireland—and not only this, since there must be a border between Britain and the EU, this border must be […]

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Legarde power point slide

The ‘Christine Lagarde Memo’

This secret memo was discovered in the waste basket of a high-ranking staffer in the European Commission. The memo from “the Coalition” begins “Dear Angela, Teresa, Emmanuel…” and has a further list of first names—heads of state and secretaries or ministers of finance, health and human services—were mostly scribbled over with marker.

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Capitalism at its finest.

Sharing, not selling: Marx against value 

The originality of Marx’s Capital is often underestimated. Countless commentaries have appeared, but only a few have taken the full measure of Capital’s truly unique and counter-intuitive outlook. Critics generally assume that Marx was pursuing familiar questions of economics or philosophy in a fresh way–that his aim was to explain profits, history, or ontology.

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