Subjects Archives: Political Economy

When I first met Michael Moore more than 20 years ago he was showing a half-finished documentary to a few dozen people in a classroom in Ann Arbor, Michigan. It was funny and poignant and had a powerful message. He had taken a second mortgage on his house — equipment for filmmaking was a lot […]

I would not have wished to utter any harsh criticism against any of the companies that manufacture medical equipment, whose profits do not derive from the production of weapons to kill, but from the combat of diseases, suffering and death. That is why I have always treated all of them with respect, and I liked to exchange with them about their scientific advances.

  Michael Moore Presents Capitalism: A Love Story at the 66th Venice Film Festival Michael Moore: “It’s Not Possible to Believe in Capitalism and Democracy at the Same Time” Trailer For more information about Michael Moore’s new film, go to <www.michaelmoore.com> and <www.capitalismalovestory.com>.

The unemployment rate hit 9.7 percent in August, up from 9.4 percent in July. According to the establishment survey, the economy shed 216,000 jobs in August. In addition, the job loss numbers for June and July were revised up by 49,000. This puts the average rate of job loss over the last three months at […]

  Martin V. Melosi, Joseph A. Pratt, eds.  Energy Metropolis: An Environmental History of Houston and the Gulf Coast.  Pittsburgh: University of Pittsburgh Press, 2007.  vii + 344 pp.  $27.95 (paper), ISBN 978-0-8229-5963-2; $60.00 (cloth), ISBN 978-0-8229-4335-8. Much of the American past is connected to the growth of cities.  Throughout the late nineteenth and twentieth […]

I was amazed to read the wire services issued during the weekend about the US domestic policy, evidencing a systematic decline in President Barack Obama’s influence. His surprising electoral victory had not been possible in the absence of the deep political and economic crisis affecting that country. The American soldiers killed or wounded in Iraq, the scandal about tortures and secret prisons, and the loss of jobs and housing had shaken the American society. The economic crisis was spreading throughout the planet, thus increasing poverty and hunger in the Third World countries.

  There is growing anger in Swaziland as it emerges that the media have been forced to censor news that a group of King Mswati III‘s wives have been on another international shopping trip squandering up to E50 million (6 million US dollars) that should belong to ordinary Swazis. When the wives went on a […]

John Bellamy Foster and Fred Magdoff, The Great Financial Crisis (Monthly Review Press, 2009). One of the few boom industries in times of slump, it seems — aside from private security firms, debt collection agencies and porn — is the publication of books about slumps. Everyone from Vince Cable to Newsnight economics editor Paul Mason […]

A short while ago I dealt with the United States’ plans to impose the absolute superiority of its air force as an instrument of domination on the rest of the world. I mentioned the project that by 2020 they would have more than a thousand latest generation bombers and F-22 and F-35 fighter planes in their fleet of 2500 military aircrafts. In twenty more years, every single one of their war planes will be robot-operated.

[Edited to add: See recommended movie link at bottom of post]

  For many years, various American governments have called on Israel to stop the expansion of settlements, but Israel has consistently ignored this demand.  The Obama administration has been the most vocal administration so far in articulation of this demand.  Yet unfortunately a number of American individuals and institutions have provided large quantities of material […]

The Great Recession is allowing some widely held beliefs about the U.S. economy — which were the source of much evangelism over the last few decades — to run up against a reality check.  This is to be expected, since the United States has been the epicenter of the storm of policy blunders that caused […]

During recent weeks, the current president of the United States has insisted in demonstrating that the crisis is abating as a result of his efforts to confront the serious problem that the United States and the world inherited from his predecessor.

This year’s Postal Press Association Editors Conference was abuzz with discussion of the Postal Service’s threats to close hundreds of’ stations.  Virtually every editor present knew of one or more stations at risk in her or his own jurisdiction.  The wolf which has loomed at the APWU‘s door for years — plant closings, job losses, […]

The concept of nation emerged from the combination of common elements such as history, language, culture, costumes, laws, institutions and others related to the material and spiritual life of human communities.

  The Media, the Left, and Power Tanner Mirrlees: Why do you think it is important for progressives to understand the media and participate in media democracy struggles? Robert McChesney: The media is one of the key areas in society where power is exercised, reinforced, and contested.  It is hard to imagine a successful left […]

  The history of the West Asia for over a century is one long history of how colonial and imperialist powers, both old and new, have arrogantly plundered, looted, dismembered, manipulated and raped a region for their unbridled self interests.  It is a history of total disregard and callous disrespect for the peoples of this […]

The media, academics, and politicians often speak and act as if government economic policies can or will “solve” or “end” or “overcome” capitalism’s crises.  They don’t.  They never have.  The often-cited counter-example,  FDR’s New Deal program in the 1930s,  failed to get the US out of the Great Depression.  World War 2 finally did that. […]

  Birgit Müller.   The Disenchantment with Market Economics: East Germans and Western Capitalism.  Translated by John Bellamy, Jennie Challender, and Kathleen Repper.  European Anthropology in Translation.  New York: Berghahn Books, 2007.  ix + 244 pp.  $80.00 (cloth), ISBN 978-1-84545-217-9; $27.50 (paper), ISBN 978-1-84545-506-4. “Disenchantment with market economics” is the type of phrase that comes […]

I read and reread data and articles written by smart personalities, some better known than others, who publish in various media outlets drawing the information from sources nobody questions.

  Andrew Hartman.  Education and the Cold War: The Battle for the American School.  New York: Palgrave Macmillan, 2008.  x + 251 pp.  $74.95 (cloth), ISBN 978-0-230-60010-2. Although world affairs are inherently distant from the local activity of running a school, international events can often heighten a sense of threat from abroad and a related […]