Subjects Archives: Capitalism

The 50-Year Evolution of the GOP.

Crisis is endemnic to capitalism, writes Alex Snowdon in his monthly Marxism 101 column.

The political philosophy of classical liberalism, which provided the basis for liberal political praxis, was sustained by a long tradition of bourgeois economic thought, straddling both classical political economy and neo-classical economics.

Instead of solving the problems of the majority, the ‘far right of a special type’–a right that is intimately tied to liberalism–cultivates a politics of anger.

“Every single Democrat who voted for this is not taking the threat of Trump remotely seriously and should be disqualified from any leadership positions moving forward,” said Georgia State Rep. Ruwa Romman.

Michael Lavalette speaks to former Irish MEP, Clare Daly about her political history, her view on the current situation and her forthcoming general election campaign.

It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them.

Many people now live in homes and rely on infrastructure that are owned by pension funds, insurance companies, and banks.

Capitalism and Spain’s right wing parties are responsible for Valencia flooding deaths.

Mainstream western politics and culture pretend the rest of the world does not exist.

The measure de-privatizes two large Mexican companies, one dedicated to the extraction and commercialization of oil, and the other dedicated to providing electricity and internet to Mexicans.

Just 15 years ago, Chinese consumers were flocking to Western brands. Now they prefer Chinese ones.

Amazon Worker Solidarity sought to understand how Amazon makes it money to inform organizing strategy in the Amazon movement.

THIS year’s Nobel Prize in economics (the Riksbank Prize to be more precise) has been awarded to three U.S.-based economists for their research into what promotes or hinders the growth of wealth among nations; and they assign a crucial role to institutions, arguing that western institutions like electoral democracy are conducive to growth.

Tech companies are leveraging the misery of Palestinian war victims for their own profit.

Several international organisations are now engaged in the business of measuring what they call “poverty”.

EXTINCTION REBELLION (XR) issued an ultimatum to insurance bosses today as the climate group gears up for a week of protests across the country.

CounterSpin interview with Derek Seidman on insurance and climate.

George Lipsitz: The Danger Zone is Everywhere focuses on how unjust access to housing and health skews opportunities and life chances along racial lines. It argues that housing insecurity and poor health are key components of an unjust, destructive and deadly racial order. The book shows how the tort model of injury in law and the biomedical model of health work to occlude structural racism by treating socially produced injuries as personal problems.

To track progress towards its goal of eradicating extreme poverty by 2030, the UN relies on World Bank estimates of the share of the world population that fall below the so-called International Poverty Line (IPL).