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Congress urged to tax Big Oil for price fixing and ‘issue every American a refund
The Groundwork Collaborative’s leader also said that “the Department of Justice should criminally prosecute Scott Sheffield,” the former Pioneer CEO whom the FTC blocked from joining ExxonMobil’s board.
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Countering the impact of the U.S. blockade: A conversation with Llanisca Lugo
A Cuban intellectual examines the consequences of the imperialist blockades on both Cuba and Venezuela.
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Brett Christophers: “Our Lives in Their Portfolios: Why Asset Managers Own the World”
Since the global financial crisis, big banks have taken a backseat, and asset managers have become the—often self-appointed—new experts and administrators of capitalism.
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Aesthetics after Autonomy with Grant Kester
Money on the Left is joined by Grant Kester, professor of Art History at University of California, San Diego. We speak with Kester about his multi-decade career, researching and teaching the history of socially engaged art.
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The end of lean production… and what’s ahead
Lean production, introduced in the 1980s from Japanese automakers, caught on in many U.S. industries.
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On the question of the inheritance tax
The neoliberal years, it is generally agreed, have seen a sharp widening of income and wealth inequalities; in India it has even caused an increase in the extent of absolute deprivation.
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Ultra-processed food: The profitable filth capitalism feeds us
In general, the discussion around diet today is a monotonous sermon.
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‘What kind of American are you?’
The film Civil War addresses the paradox that the only way to stop polarisation is to take a side.
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Ukraine war funding and failed Russian sanctions
Russia is extremely unlikely to fall a third time for a Biden/NATO request to ‘freeze’ military operations and negotiate again.
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Further thoughts on the economics of imperialism
Since the end of WW2, the imperialist bloc (IC) annually got around 1% of their GDP through the transfer of surplus value in international trade from the rest of the major ‘developing’ economies (DC) in the G20; while the latter lost about 1% of their GDP in surplus value transferred to the imperialist bloc. And these ratios were rising.
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Capitalism is the single greatest source of violence
What the present moment reveals, once again, is that Western aggression during the “Cold War” was never about destroying socialism, as such. It was about destroying movements and governments in the periphery that sought economic sovereignty. Why? Because economic sovereignty in the periphery threatens capital accumulation in the core.
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Capitalism’s New Age of Plagues (Part 4)
Agribusiness assaults on tropical forests are driving the emergence of new diseases and epidemics.
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So-Called “Peak China” Is Simply a Western Campaign for China to Commit Economic Suicide
Despite the fact that China’s economy continues to far outgrow all major Western economies the Western media is energetically promoting a myth that China’s economy either has or is about to drastically slow down.
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Coral catastrophe signals our own undoing
Five times in the history of life on Earth the corals have perished, swept from the board by conditions hostile to nearly all life. Each time, it has taken them millions of years to evolve anew. Each mass death of corals has been accompanied by the mass deaths of most other species, on land and at sea.
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“Vulture Capitalism: Corporate Crimes, Backdoor Bailouts and the Death of Freedom” – book review
Vulture Capitalism demolishes the idea of the ‘free market’ in the corporate age, but has limitations in its analysis of capitalism and how to challenge it, argues Dominic Alexander.
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Fetishising the growth rate of GDP
JOHN Stuart Mill was among the foremost liberal thinkers of modern times who wrote extensively on economics and philosophy.
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The billionaire ‘nepo baby’ boom
In every country and culture, capitalism depends on an ideological mirage of equal opportunity and reward for effort, to conceal, as much as possible, the reality of brutal exploitation and inequality.
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China’s unfair ‘overcapacity’
China is the only country in the world that produces all categories of goods classified by the World Customs Organization (WCO).
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Greepeace future under threat following legal action by oil giants
ENVIRONMENTAL campaign group Greenpeace has warned that its future is under financial threat because of legal action by oil giant Shell.
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Brazil warns of neo-fascism upsurge and holds Elon Musk responsible
Disinformation on social networks takes advantage of the vulnerable, while extremists advocate a “neo-fascism, a primitive, conservative, and authoritarian nationalism”.