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Annexation redux: Trump’s expansionist threats unmask longstanding policy
In the past few weeks, we’ve seen a buzz in the corporate media about President-elect Donald Trump’s inflammatory rhetoric on annexation.
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Buying Greenland: Trump’s Arctic manoeuvres
Chris Bambery looks at the reasons for the new president’s threat to buy Greenland and finds there is military logic in the madness, and behind it the growing rivalry with China.
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‘The rich are on course to destroy all our lives’
World’s wealthiest 1% have already burned through their share of the entire annual carbon limit, Oxfam warns.
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Oligarch farmers and the fires in Los Angeles
Beverly Hills billionaires, fires, climate change, and the ecocidal terraforming system that underpins the California way of life.
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BRICS grows, adding Indonesia as member: World’s 4th most populous country, 7th biggest economy
BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. They make up 41.4% of global GDP (PPP) and half the world population.
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“GDP-NATIONALISM”
There are at least three basic differences between European nationalism as it developed in the seventeenth century and the anti-colonial third world nationalism of the twentieth century.
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The Los Angeles inferno: A historic crime of capitalism
Firefighters are being flown in from neighboring states like Nevada, Oregon, and Washington, as local resources have been depleted. This shortage can be directly attributed to recent budget cuts signed by Democratic Mayor Karen Bass, with the Los Angeles Fire Department seeing a $17.6 million reduction, while the police department received a $126 million increase.
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We can do better. We must do better.
Bernie Sanders tells the TRUTH
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The rule of the oligarchs and machines is here
2025 is set to be the ‘break-out year’ for artificial intelligence.
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Goals behind Trump’s tariffs: cut taxes on rich & escalate new cold war on China
Donald Trump’s tariffs will not reduce U.S. public debt. The federal deficit will keep growing, but they will be an excuse to further cut taxes on the rich and to ratchet up the new cold war on China.
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The case against ‘Western’ Marxism
RICHARD CLARKE applauds the assertion that Western Marxism represents a withdrawal from action to change the world into the academy.
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The curious case of strengthening dollar, falling rupee
The primary cause of the rupee’s depreciation is the preference of the Indian rich to hold their wealth in the form of U.S. dollars rather than in Indian rupees.
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Washington funnels more than $22 billion in military support to Israel’s genocidal war machine since October 2023
Over all, Washington has provided the regime with $310 billion in military and economic aid, which has been regularly adjusted for inflation, according to the Council on Foreign Relations, an American think tank.
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BRICS expands with 9 new partner countries. Now it’s half of world population, 41% of global economy
BRICS keeps expanding, adding 9 partner countries in January 2025, after admitting 4 new members in 2024. It now makes up roughly half of the global population and more than 41% of world GDP (PPP). It’s an economic powerhouse, with top producers of key commodities like oil, gas, grains, meat, and minerals.
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How the wealthy engineered white supremacy: The Wilmington Massacre of 1898
The Wilmington, North Carolina, massacre of 1898, also called a coup, was not a spontaneous eruption of white supremacist violence, but instead came from the top leadership of the Democratic Party and was backed by the rich.
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Amiya Kumar Bagchi, 1936-2024
Several obituaries of Amiya Kumar Bagchi have appeared since his death on November 28, covering his remarkable achievements.
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Community Currencies with Jens Martignoni
Money on the Left speaks with Dr. Jens Martignoni, lecturer at the Zurich University of Applied Sciences and chief editor of the International Journal of Community Currency Research (IJCCR). Community or complementary currencies are phenomena of great interest to monetary scholars and activists. We’ve spoken often about them on this show–whether about the Benjamins classroom currency at SUNY Cortland, the DVDs currency at Denison, or our recurring work on the Uni Currency Project. During our conversation with Martignoni, the appeal of such projects becomes clear.
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The tears of our children: The First Newsletter (2025)
A study came out in December that made me cry.
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U.S. credit card defaults at highest level since Great Recession
Credit card defaults in the U.S. reached their highest level since the 2008 financial crash during the first nine months of 2024, according to figures compiled by BankRegData and cited in a recent Financial Times article.
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Trump’s threat of a tariff wall
All this however is still in the realm of mere possibilities; what is more certain is the 10 per cent tax on global imports and the 60 per cent tax on imports from China.