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The perilous path from Western domination to de-dollarisation
One of the major problems faced by Global South countries is that they are saddled with immense debts in dollars, and Western corporations claim ownership over their resources.
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Poverty is growing in Puerto Rico, under U.S. colonialism
Poverty is rising in one of the world’s oldest colonies: In Puerto Rico, 41.7% of people, including 57.6% of children, live in poverty. This is nearly four times the U.S. rate. And Puerto Rican workers are getting poorer even while unemployment falls.
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The World’s Most Dangerous Marxist | John Bellamy Foster | #182 HR
Foster explains Marx’s ecological critique of capitalism and how the concept of “metabolic rift” highlights the alienation between humans and nature caused by capitalism’s focus on profit over sustainability.
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Everybody knows the reef is dying
Environment Minister Tanya Plibersek last week welcomed a UNESCO World Heritage Committee decision not to list the Great Barrier Reef as “in danger”. But what is “great news” to Plibersek is not great news for the reef.
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Capitalism: an unstoppable force meets an immovable object
Ah, money, the driving force behind life in the modern world.
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War of economic corridors: the India-Mideast-Europe ploy
The India-Middle East-Europe transportation corridor may be the talk of the town, but it will likely go the way of the last three Asia-to-Europe connectivity projects touted by the west-to the dustbin. Here’s why.
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Building pipelines as Canada burns
The Trans Mountain oil pipeline expansion in British Columbia is running into another round of problems and generating even more opposition. ‘The controversial government-owned fossil fuel company is seeking regulatory approval to change its pipeline construction methods and route, after running into problems drilling a tunnel.’
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Decolonising development with Frantz Fanon
The great cultural theorist Stuart Hall called Frantz Fanon’s The Wretched of the Earth “the bible of decolonisation” as it encapsulated the urge for freedom across the colonial world. Fanon illuminates how racism represented an organising principle for capitalist classes by systematically devaluing the lives of the majority of the world’s population.
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“The World Bank: A Critical History” – book review
Éric Toussaint’s history of the World Bank shows powerfully how it and other international institutions have enforced imperialist exploitation, finds John Clarke
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Is online retailer Amazon cracking down on the sale of pro-Palestine merchandise?
Amazon, like other tech giants, is selectively banning and deplatforming pro-Palestine content on its Merch on Demand platform, while racist and inflammatory merchandise continue to be sold.
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degrowth: a remarkable renaissance
This article, by Alan Thornett, was written for the current edition of the Green Left’s publication Watermelon in advance of the Green Party conference.
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NATO destroyed Libya in 2011; Storm Daniel came to sweep up the remains: The Thirty-Eighth Newsletter
Three days before the Abu Mansur and Al Bilad dams collapsed in Wadi Derna, Libya, on the night of September 10, the poet Mustafa al-Trabelsi participated in a discussion at the Derna House of Culture about the neglect of basic infrastructure in his city. At the meeting, al-Trabelsi warned about the poor condition of the dams.
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Venezuela Condemns European Union’s ruling on illegal sanctions
The appeal was made against the European Union’s broad and far-reaching unilateral coercive measures that have impacted the entire Venezuelan population.
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Capitalism is a giant scam
Listen to a reading of this article (reading by Caitlin Johnstone): One of the most formative moments of my life was when I was running a small eco blog called Earth Mums in the mid-00s which focused on consumer solutions to the problem of environmental destruction. Back then I still believed that while capitalism was…
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Sri Lanka’s dangerous domestic debt restructuring
The recent bailout agreement between the International Monetary Fund and Sri Lanka fails to address the economy’s structural problems. Instead, it focuses on highly regressive measures that disproportionately affect the working poor and are likely to exacerbate the country’s ongoing debt distress.
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U.S. moves to curtail China’s economic investment in the Caribbean
On March 8, 2023, General Laura J. Richardson of the United States (U.S.) Southern Command gave testimony at a congressional hearing wherein she issued a warning to U.S. lawmakers about the expansion of Chinese influence in the Caribbean that were at odds with purported U.S. interests in the region.
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In final declaration, G77 rejects “digital monopolies” and calls for “reform” of the financial system
The summit in Havana ends with document that also highlights the role of technology for development.
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Capitalism must be stopped, not reformed
The time needed for understanding is delaying the radical decisions that are needed immediately. This premise is fundamental. If we wait for people to understand fully, we do not save ourselves. We do not save the planet.
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The silences of the Delhi declaration
THE G-20 meeting in Delhi was occurring in the midst of an acute economic crisis of the world economy.
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Beneath the polycrisis is the singular dilemma of humanity called capitalism: The Thirty-Seventh Newsletter (2023)
Dilemmas of humanity abound. There is little need to look at statistical data to know that we are in a spiral of crises, from the environmental and climate crisis to the crises of poverty and hunger.