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Why exports alone can’t make poor countries rich
In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University.
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Cuba will never accept any preconditions or impositions
Speech by the Minister of Foreign Affairs of Cuba, Bruno Rodríguez Parrilla, during the 72nd Session of the United Nations General Assembly.
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“Capital is not a bible nor a cookbook”, says José Paulo Netto
The work of Karl Marx, Capital, considered “the Bible” of the revolution, was first published 150 years ago. Many political and ideological battles are fought until this day in the name of the German intellectual and his biggest work.
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The dangerous case of Donald Trump: Robert Jay Lifton and Bill Moyers on ‘A Duty to Warn’
Renowned psychiatrist Robert Jay Lifton on the Goldwater Rule: We have a duty to warn if someone may be dangerous to others.
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Amid deep cuts to social programs, Senate approves $700 Billion in military spending
Where were the pundits and elected lawmakers who complain about the cost of providing healthcare to all Americans when the Senate voted to spend $700 billion on the military?
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The fall offensive: the U.S., France and Brazil
The fall of 2017 will witness the most brutal assault on working and middle class living standards since the end of World War II. Three presidents and their congressional allies will ‘revise’ labor legislation, progressive income tax laws and regulations and effectively end the mixed economy in France, the US and Brazil.
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Past continuous: Karl Marx’s Capital can help unravel the perplexities of modern-day capitalism
On September 14, it will be exactly 150 years since the publication of Capital: Critique of Political Economy, the first volume of Karl Marx’s epochal Das Kapital. The historicity of the book can be gauged by the fact that this first of three bulky tomes was published by a Hamburg publisher two years after the American Civil War but well above a decade before the incandescent bulb was invented. Capital however, literally acted as the bulb that shone a light on many a way.
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The informal empire of London
The division of the world is not only by classes, but by North and South as well. And unfortunately the British left does not realise that, and the framing of being anti-neoliberal, in contrast to anti-imperialist, denies this differentiated reality.
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Bernard D’Mello on revolution in the global south
From the time of independence in 1947, India has had the resources and the potential to achieve a high level of human development—yet the great majority of the country’s people have remained desperately poor.
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The struggle for a decent life
The typical working-class family would need an additional $91K+ per year in New York City just to break even on a reasonable standard of living.
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Facebook’s advertising machine
The US market evidently has a powerful influence on social trends elsewhere in the world. It has been shown not only by the popularity among youth of wearing low-hanging trousers and baseball caps backwards—although, thankfully, these trends have, like, faded—but also by how a system designed for an elite US university, Harvard, could end up becoming the world’s largest social media site.
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Awareness of the non-viability of capitalism grows with each passing day
In Marx there is a concept of an alternative to capitalism that provides a foundation for the needed effort to reinvigorate anti-capitalist movements. But a richer, more adequate understanding of socialism that addresses the realities of contemporary capitalism today still awaits us.
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Recession on the horizon
There are strong reasons to expect a recession within the next year or so. And it will likely hit an increasingly vulnerable working class hard.
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150 years of Das Kapital: How relevant is Marx today?
This is a book that has been pronounced dead or obsolete many times, but it keeps bouncing back, with the latest recovery in interest and sales just after the Global Financial Crisis of 2008. So why do so many people all over the world still read (or try to read) Karl Marx’s Capital today?
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Yanis Varoufakis’s self-incriminating account of the Greek Crisis (Part 1)
Yanis Varoufakis’s entire proposal regarding debt was and is unacceptable from a left-wing point of view because it presupposes evacuating any debate as to the legality and legitimacy of the debts whose repayment is being demanded of Greece.
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Trump and the infrastructure of fascism
Let this be a warning to economists, labor leaders, Democratic officials and all progressives fighting for economic and social justice: “progressive-appearing” economic proposals from Trump are likely to be thinly veiled attempts to suck in unsuspecting allies in support of a neo-fascist, authoritarian movement that is increasingly showing its true colors. They are designed, quite clearly, to build support for Trump and his business allies. Don’t be fooled, don’t be bought off, and be vigilant.
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Forgetting to remember
It is a devastating fact that James Baldwin is our contemporary; so much so, that the matter of his relevance seems either pressing or redundant depending on to whom one speaks. Raoul Peck’s I Am Not Your Negro, a “cinematic séance” (The Guardian), is being taken as the completion of Baldwin’s unfinished Remember This House, […]
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The hidden environmental impacts of “platform capitalism”
New technological platforms like Uber are promising to reshape society: but what is the impact for people and the world we live in? What does this mean for our environment?
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After neoliberalism, what next?
We may be living through one of those moments in history that future historians will look back on as a watershed, a period of flux that marked a transition to quite different economic and social arrangements. Unfortunately, in human history a ‘moment’ can be a very long time.
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New School announces Harry Magdoff and Paul Sweezy fellowships
During their storied careers, Magdoff and Sweezy edited the journal Monthly Review, which Sweezy co-founded in 1949, and which still stands as the longest continuously published socialist magazine in the United States.