Subjects Archives: Ecology

The boardrooms and finance ministries of Seoul, Bangkok, Jakarta, and Kuala Lumpur are today filled with a fair degree of schadenfreude at America’s troubles.  Schadenfreude is not a very nice emotion; Theodor Adorno once defined it as “unanticipated delight in the sufferings of another.”  But asking Asia’s business and governing elites to repress shivers of […]

  We have nothing against voting.  We plan to vote in the upcoming election.  Some of our best friends are voters. But we also believe that we shouldn’t make the mistake of thinking that the most important political moment in our lives comes in the voting booth.  Instead, people should take politics seriously, which means […]

  Klassekampen: Is the credit crisis a symptom of overaccumulation of capital?  It seems to me that investments worldwide, but especially in the United States, were funneled into the traditionally “safe” housing market following the bursting of the dotcom-bubble.  This overinvestment in turn generated a new bubble, thus causing today’s havoc.  Is this correct? JBF: […]

The depression has started.  Journalists are still coyly enquiring of economists whether or not we may be entering a mere recession.  Don’t believe it for a minute.  We are already at the beginning of a full-blown worldwide depression with extensive unemployment almost everywhere.  It may take the form of a classic nominal deflation, with all […]

The questions regarding variations in social development, economic progress, and political empowerment have produced a voluminous literature over the past century, and because of the complexity of these issues, much important reflection will continue well into the future.  In the early 1980s, a United Nations’ Commission coined the term “sustainable development” as a public statement […]

Three days ago, on Friday October 10, the world was shocked by the impact of the Wall Street financial crisis. There is no way to count the millions of dollars in paper money injected by the Federal Reserve into the world’s finances to keep up banking operations and to prevent depositors from losing their money.

When: World Food Day, Thursday, October 16th, 2008 at 7 PM Where: Great Hall of Cooper Union, 7 E. 7th Street (at 3rd Ave.), New York City Cost: Free (suggested donation at the door) RSVP (encouraged): [email protected].  Seating is first come, first served. As U.S. food pantries face long lines and empty shelves while food […]

In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

Flying into New York Tuesday, I had the same feeling I had when I arrived in Beirut two years ago, at the height of the Israeli bombing of that city — that of entering a war zone. The immigration agent, upon learning I taught political economy, commented, “Well, I guess you folks will now be […]

Now that all five big investment banks — Bear Stearns, Merrill Lynch, Lehman Brothers, Goldman Sachs and Morgan Stanley — have disappeared or morphed into regular banks, a question arises. Is this bailout still necessary? The point of the bailout is to buy assets that are illiquid but not worthless.  But regular banks hold assets […]

The political conflict over the Bush administration’s plan for a bailout of the banks, brought about both by differences with the Democrats and even more intensely with rightwing Republicans, makes it highly unlikely that Congress will be able to pass a bailout plan that can stabilize the financial situation along the lines that Secretary of […]

The past week has been a wild roller-coaster ride in and out of Southern African ruling-party politics, down the troughs of world capitalism, and up the peaks of radical social activism.  Glancing around the region and world from those peaks, we can see quite a way further than usual. Looking first to South Africa, Saturday’s […]

It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia.  It marks the definitive end of Act I of the new world geopolitical order. What was decided?  The […]

While taking a significant toll on public revenues,1 repayment of the public debt has, since 2004, ceased to be a major concern for most middle-revenue countries and for raw material-exporting countries in general.  In fact the majority of governments of these countries are having no trouble finding loans at historically low interest rates.  However, the […]

  Analytical Monthly Review, published in Kharagpur, West Bengal, India, is a sister edition of Monthly Review.  Its September 2008 issue features the following editorial. — Ed. We know that the immediate future holds the certainty of severe climate change, and an ever increasing strain on not only the much publicised issue of reserves of […]

When the U.S. government hypocritically offered $100,000 as aid in the face of the disaster brought about by Hurricane Gustav, subject to an on-site inspection to confirm the damage, the response was that Cuba is unable to accept any donations from the country that is blockading us; that the damage had already been calculated and that what we were calling for was that it not prevent the export of essential materials and credits associated with commercial operations.

Dear Randy,

Yesterday’s “Roundtable” program was particularly interesting and the information provided was extremely valuable. It is a pity that at that time the whole island was without electricity, from Punta de Maisí to Cabo de San Antonio. Just a few family homes in the Camilo Cienfuegos district that were able to resist the fierce winds had power. An underground cable connected to the generator at the Luis Díaz Soto Hospital reached that area.

(1) I thought it might be best to begin the conversation by getting a sense of your personal political trajectory, how you were drawn to Venezuela, some of your most memorable experiences from your time in Caracas, and how all of this has translated into your perspective on revolutionary change.  In short, what did Venezuela […]

We had hardly recovered from the emotional impact and material damage caused by the unexpectedly strong winds of Hurricane Gustav on the Isle of Youth and Pinar del Rio, when news were received of sea floods caused by Hanna. Then, the worst news of all: that the very intense Hurricane Ike, turning southwest under pressure from a strong anti-cyclone located north of its course, would strike over more than 1,000 kilometers throughout the national territory.

It is not an overstatement. This is the general expression of many compatriots. It was the impression of the Revolutionary Armed Forces Chief of Staff Major General Alvaro Lopez Miera, an experienced soldier, when he saw the twisted steel towers, the shattered houses and the devastation everywhere in the Isle of Youth.