Subjects Archives: Capitalism

The CIA promoted the work of George Orwell, pushing his books, and even funded the 1954 film adaptation of “Animal Farm.” Thus, the author, who is most closely synonymous with propaganda and government control over society, in an ironic twist, owed his massive popularity in no small part to a giant decades-long CIA propaganda campaign.

The six justices who voted to criminalize the homeless have a combined net worth of $54 million. 

Big oil and gas company Chevron is deeply entwined with the Israeli state.

The French economist J B Say had believed that there could never be a problem of aggregate demand in any economy, that whatever was produced was ipso facto demanded.

Global capital through the international finance system has obtained near hegemony and capitalism is projected as the best and most superior system in history.

The stock market crashed on August 5, in a new “Black Monday”. What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility.

Workers in the Global South—from farm workers to scientists—power the world economy but face a yawning wage gap.

CounterSpin interview with Keith McHenry on criminalizing homelessness.

The early twentieth century saw a wave of anti-colonial struggles that took the form of the labour strike.

An extraordinary chart from ‘The Pioneer’ below compares nations whose largest trading partner was either the USA or China in the year 2000 and the year 2020. Over one short decade, it is a powerful visualization of how the world’s economic centre shifted.

There is an expectation that Prime Minister Narendra Modi would prioritise a historic turnaround in India’s relations with China as a legacy of his 15 years in power. Things are indeed moving in such a direction. 

The Third Plenum is a meeting of China’s Communist Party Central Committee composed of 364 members which discusses China’s economic policy for the next several years.

‘Climate change has already caused mass death on a pandemic-like scale’

In 1998, the head toxicologist at 3M estimated that a safe level of PFAS in human blood is about one part per billion. The average American’s blood has not double, not triple, but 30 times that amount.

Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile, people in extreme poverty have been increasing again after decades of decline.

Global carbon dioxide emissions (the main cause of global warming) continue to rise, hitting a new high in 2023.

Multimillionaires around the world have benefited from the inflation year 2023, while the German super-rich alone increased their wealth by 10 percent to more than €2.1 trillion.

To say capitalism kills is not hyperbole: it is simply incompatible with continuing life on Earth.

There are roughly four proximate features of capitalist poverty.

CEOs state outright that profit must come first, even as this year’s deadly heat waves providing worrying evidence of the rising climate emergency, reports John Clarke.