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The imperial intentions of Trump’s trade war babble
In defence of his trade war with China, Trump claims that ‘when you’re $500bn down you can’t lose.’ The problem with this stance is that persistent U.S. trade deficits with China are arguably a sign of U.S. strength or even imperial privilege, not weakness. However, on this issue, he has much of conventional economics wisdom supporting him in his delusions that the U.S. is being treated unfairly or is ‘behind’ based on these deficits.
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China’s rise threatens U.S. imperialism, not American people
That China and the U.S. are moving in opposite directions is not a new trend, but it has been brought into sharper focus in the Trump era. Growing anxious about its diminishing international authority, the U.S. demonstrates increasing hostility towards China.
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Pelosi and 9 Dems had ‘excellent meeting’ with Netanyahu even as Israel sent ‘dozens of snipers’ to Gaza
Last Tuesday March 26, Nancy Pelosi led a delegation of ten House Democrats to Israel, where most of them met with Israeli Prime Minister Benjamin Netanyahu. Netanyahu tweeted that night that he’d had an “excellent meeting” with the congresspeople.
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Pentagon capitalism and silicon valley
The weaponized nature of the tech industry is a pandora’s box that may prove impossible to close. Yet Google’s employees are resisting their company’s continued work to upgrade the U.S. war machine.
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Trump’s protectionism
ON March 8, Donald Trump made an announcement which according to many has the potential of starting a global trade war. He announced that the U.S. would be raising tariffs on imported steel by 25 per cent and tariffs on imported aluminium by 10 per cent.
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Easter march for peace
What were these indefatigable protesters demanding this time, here in Berlin and at rainy meetings, marches and bicycle parades during the long Easter weekend in over a hundred cities and towns all over Germany?
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Basic income: progressive cloak & neoliberal dagger
For almost three decades, the Ontario Coalition Against Poverty (OCAP) has been fighting against neoliberal austerity, especially that aspect of it that has involved systematically degrading systems of income support. The underlying motive in this attack has been to render benefit provision as inadequate and precarious as possible so as to create the desperation that can drive people into the expanding low wage sector.
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Calculating surplus value to facilitate workplace organizing
Using Marx’s critique of political economy, it’s possible for workers employed in a variety of industries to calculate the value of their work and how this value is divided between employer and employee. It becomes possible to calculate the socially necessary labor time and surplus labor time, worker wages and employer profits in their particular workplace.
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Theresa May is playing a reckless game of nuclear roulette
BACK in May 2017, just prior to the British general election, I wrote a piece arguing that a victory for Theresa May would see Britain dragged further towards war with Russia.
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Kim Jong-un restates his commitment to denuclearization. But will U.S. make way?
With the acceptance of Chinese President Xi Jinping’s invitation, North Korean leader Kim Jong-un visited China from the 25th of this month to the 28th, for the first time since assuming office in 2011. Timed just before Kim’s meeting with the South Korean President Moon Jae-in the next month, followed by a summit with U.S President Donald Trump-where the prospects of denuclearization is expected to be discussed-this meeting with Xi Jinping, in which Kim has reaffirmed his commitment to denuclearization, has been seen my observers as a crucial diplomatic development.
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Precarious work and contemporary capitalism
Unions have no choice but to put major resources into confronting the reality of precarious work and organising around whatever can be won in the workplace. Otherwise they will simply wither.
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University strikes: where do we go from here?
On February 22nd the University and College Union (UCU) called for the beginning of a nation wide strike in response to Universities UK’s (UUK) attempt to shift of the Universities Superannuation Scheme from a defined benefit pension to a defined contribution pension.
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Russia suggests UK possessed nerve agent that is “quite artificially” being linked to Moscow
Russian officials are voicing a full-throated dismissal of British accusations that Russia used a nerve agent referred to as “Novichok” in an attack on former Russian spy Sergei Skripal and his daughter Yulia. The Russian Ambassador to the U.K., Alexander Yakovenko, is further charging London with making accusations in poor faith, while raising questions over whether the poison was already in the possession of the British government.
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Who will stop the U.S.-Russia arms race?
President Trump is drawing heat for congratulating Russian President Vladimir Putin on his re-election victory. During a phone call with Putin this week Trump reportedly ignored a written directive from his aides that instructed him, quote, do not congratulate. Speaking to MSNBC, Democratic Sen. Mark Warner echoed the outraged response from Republican Sen. John McCain.
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U.S. trade deficits, Trump trade policies, and capitalist globalization
Understandably concerned about the consequences of the large and sustained U.S. trade deficit, many workers have grown tired of waiting for so-called market forces to produce balance. Thus, they cheer Trump administration promises to correct the imbalance through tariffs or reworked trade agreements that will supposedly end unfair foreign trade practices.
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Google and corporate news giants forge alliance to defeat independent journalism
The “new media” monopolists of Silicon Valley and the once-dominant traditional print media have clearly agreed that the “fake news” frenzy is a convenient pretext to step up their censorship of the internet through new algorithms, allowing them to boost their profit margins and silence opposition through a new framework of “algorithmic censorship.”
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The new CIA director nominee and the massacre at My Lai
Protecting those who commit heinous crimes in the name of the U.S. government provides a dangerous precedent and could lead to the conclusion by many in the military and CIA that they can “get away with murder,” Ann Wright observes.
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Today’s capitalism was born in slavery
By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern business practices, and at the core of its first modern manufacturing industry.
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Imperialist realities vs. the myths of David Harvey
When David Harvey says “the historical draining of wealth from East to West for more than two centuries has largely been reversed over the last thirty years,” his readers will reasonably assume that he refers to a defining feature of imperialism, namely the plunder of living labour and natural wealth in colonies and semi-colonies by rising capitalist powers in Europe and North America. Indeed, he leaves no doubt about this, since he prefaced these words with reference to “the old categories of imperialism.” But here we encounter the first of his many obfuscations.
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Is another world possible?
On Reality Asserts Itself, Prof. Leo Panitch says it’s a dilemma that the gradualism of European social-democracy and attempts at a more radical transformation have so far both failed; Panitch says a first step towards democratizing the economy is to make finance a public utility – with host Paul Jay