Subjects Archives: Capitalism

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.

CounterSpin interview with Kennedy Smith on dollar store invasion

Developing country governments are being blamed for irresponsibly borrowing too much. The resulting debt stress has blocked investments and growth in this unequal and unfair world economic order.

Addressing climate change requires a comprehensive, equitable, and pragmatic approach that prioritizes substantial emissions reductions and supports vulnerable populations most affected by global heating.

Once again the mainstream press is touting a “blowout” jobs report.

As there can only be one price standard in any functioning economic system the transition from one price standard to another cannot take place gradually, or in a mixed way, but must take place sharply, and therefore completely in a very short time frame.

Capitalist crises cannot only be measured by its catastrophic effects on society, but also by the reception of their most staunchest critique: Karl Marx’s Capital.

THERE has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a U.S.-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the fact of diffusion is indubitable.

The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and make them in fact the pariah that they are.”

As more people consume more energy, our society moves collectively further away from mitigating climate catastrophe.

A distinction is drawn in economics between demand-constrained systems and resource-constrained systems (which for simplicity and symmetry we shall call supply-constrained systems).

Marx studied UK manufacturing industries, at that time the most representative of world capitalist development, unveiling the general law of the development of capitalist societies more than 150 years ago.

Freeing ourselves from the monster destroying our planet and our futures.

Within the United States, homelessness has become a permanent feature of the capitalist system, and around 650,000 U.S. residents sleep on the streets on any given night.

Leading states that met to reduce carbon emissions are home to some of the world’s top 60 banks. Among these, US banks are the largest fossil fuel financiers, while London-based Barclays leads in Europe.

Margaret Kimberley, Executive Editor of Black Agenda Report, was invited to brief the United Nations Security Council on May 20, 2024, as a civil society representative. The subject of the meeting was weapons supplies to Ukraine as a threat to peace and security.

It is not a difficult proposition to substantially reduce poverty through redistributive measures. About one tenth of India’s GDP would need to be devoted to providing adequate food for the population, basic and comprehensive healthcare, compulsory free education, employment guarantee and old age pension; for which additional taxation of 7 per cent of GDP that the rich and super-rich can easily bear, would be needed. Combined with vigorous implementation of the existing National Food Security Act 2013 and the MG National Rural Employment Guarantee Act, genuine large-scale reduction of poverty would result

Behind the efforts of the powerful to unleash chaos against students protesting for Palestine.

Primitive accumulation is the historical process through which capitalists stole their wealth or took it by force. Canadian ecosocialist Ian Angus has contributed an excellent new book on this history, covering the violent transition from feudalism to capitalism in depth while demonstrating its continuing relevance to the modern world..

As the Occupy protests of 2011 exhausted themselves, a dramatic turn from protests to politics surfaced.