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With trumpian claims of cheating, Starbucks demands halt to union elections
“Unfortunately, it’s now in vogue for the losers of some elections nationwide to attempt to reverse elections by any means they think are necessary,” said Starbucks Workers United.
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Climate crisis poses stark choice: Socialism or Extinction
In his latest book, Socialism or Extinction: The Meaning of Revolution in a Time of Ecological Disaster, Martin Empson neatly lays out his argument as to why the climate crisis cannot be solved under capitalism.
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The Indian economy since Independence
The post-colonial state in India had two primary tasks before it: one was to overcome the hegemony of metropolitan capital, so that a development strategy in relative autonomy from imperialism could be pursued; the second was to attack landlordism both to free the agrarian population from its clutches, and to increase agricultural output for rapid industrialisation based on a growing home market.
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U.S. Senate targets Social Security and Medicare
Last week, Republican Senator Ron Johnson called for ending Social Security and Medicare as entitlement programs, instead transferring them into the discretionary budget where they would be gutted.
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U.S.-China chip war continues
As the tension between the U.S. and China mounts as a fall-out of Nancy Pelosi’s provocative Taiwan visit, the technology war between the two is also taking a new turn.
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Manufacturing consent: How the United States has penetrated South African media
As tensions between the United States and China rise, Washington is intent on contesting Beijing’s influence around the world, particularly in the Global South. The U.S. government has ramped up its efforts to influence international media and public opinion. In this new Cold War, South Africa is once again in the crosshairs.
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Marx’s ‘Capital’
Capitalism comes into the world “dripping from head to foot, from every pore, with blood and dirt”. So concludes Marx after a lengthy account of the transition from feudalism to capitalism near the end of Capital, Volume I.
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Inflation as a political power play gone wrong – Project Syndicate op-e
Pivotal economic crises frequently evoke multiple explanations that are all correct while missing the point.
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Rebuilding collective intelligence
Human capital theory cannot solve our economic woes. David Ridley says we need a socialist alternative.
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Why workers’ wages will always be too low
Do you ever feel undervalued at work—like you contribute much more than your pay packet suggests?
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Why progressives need to abandon means-testing and embrace universality
Universality must be at the core of any progressive electoral platform.
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Europe: caught in a trap
The major economies are moving closer to recession, if they are not already there; and yet inflation rates continue to rise (for now).
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“Neither liberal nor social democratic policies have a structured approach to understanding imperialism, including its ecological history”
Alejandro Pedregal – in conversation with Max Ajl
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Inflation and starvation
Capitalism is a system that has an innate tendency to get into a cul-de-sac of crisis, and the only way it knows for coming out of crisis is by further exploitation of the working class.
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Is China headed for a crash?
So, is this the moment of collapse in the Chinese model of development and the end of all that talk about ‘moving towards socialism’ etc? Many Western experts think so.
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Wages, prices and the minimum wage
Today the federal minimum wage is $7.25! Let that sad fact sink in. Right now you can barely buy a gallon of gas in some parts of the country with that little cash.
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Structuring the economy to give money to the rich is inflationary
I just read this NYT column by Bryan Stryker, on how Democrats can win back the working class. I have no idea how its proposals poll, but as an economic matter, they will do little to help the working class.
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Purchasing power of workers’ wages take biggest tumble in 40 years
Over the last year, real average weekly earnings fell 3.9% as inflation outpaced pay raises and average weekly hours fell by almost an hour.
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Scandinavia and imperialism
There are many misconceptions about Scandinavian capitalism. A very common one is the belief that since the Scandinavian countries developed vigorous capitalist economies, without ever having acquired any colonies of their own, they constitute a clear refutation of the claim that capitalist development necessarily requires imperialism.
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Heat waves tied to Big Energy capitalism
The population of the world is enduring crises from climate change that, until recently, climatologists thought may only happen decades from now.