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Today’s Struggle for a Green New Deal: Lessons from the Freedom Budget of the 1960s
The potential mass appeal of the Freedom Budget failed to materialize in part because “realistic” compromises were made by its supporters: partisans of the Green New Deal should not make the same mistake.
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Debt update
While the ratio of debt to GDP fell in 2018—for the first time in a decade—for both advanced & emerging market economies it remains high, much higher than at the start of the 2007-08 crisis; and has also continued to rise in some major economies.
https://mronline.org/2019/07/22/debt-update/ -
Imperialism in a coffee cup
Why is it that just 1p of a £2.50 cup of coffee goes to the farmer who cultivated and harvested the coffee beans?
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Global Britain’s Real Climate Changers: Big Oil Must Be Taken Down
There is no global social unity in the face of climate disaster. Yet we need a genuinely internationalist rebellion against the corporations at the extractive imperialist heart of British capitalism. Their extinction as a species is required to save the planet.
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De-dollarizing the American financial empire
Imperialism is getting something for nothing. It is a strategy to obtain other countries’ surplus without playing a productive role, but by creating an extractive rentier system. An imperialist power obliges other countries to pay tribute.
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Trump murdered the Iran Deal—and Europe isn’t too happy about it
During the July 14, 2019 meeting between France, Germany, and the UK to discuss their response to the U.S. withdrawal from the Iran Nuclear Deal, President Hassan Rouhani remarked that Iran is “always ready for negotiation.” Iran, he said, urges the U.S. to “abandon bullying.”
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Redwashing capital
Left tech bros are honing Marx into a capitalist tool
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For the reasons that follow, that Country is currently not likely to be the United States
The largest delegation from outside Russia at the St. Petersburg International Economic Forum in early June came from China.
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Making capitalism history
To perish or to radically transform the way we relate to one another and to nature, that is the question humanity has never had to face until now.
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The city vs. Big Tech
The battle against Big Tech has now decisively emerged as a new front in the fight for the right to the city
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A new theory of strikes for a new labour movement
Links International Journal of Socialist Renewal reposted from Progress in Political Economy — The idea of mass strikes within the Marxist tradition has been most powerful against capitalism. With the idea of strikes, Marx wants to bring about an epistemological change in the working class, “so they would know that they are, together, ‘the agent of production’, and that if they stopped, then production stopped.” Different models of mass strikes have been practised and reterritorialised worldwide from its origins in Western Europe. There has been debate on how the working class today responds to the current changes of capitalist development.
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Why Trump caved to China and Huawei
Everything about the trade war between the United States and China is bewildering. Truces would come out of nowhere but then they would be set aside by U.S. President Donald Trump in a stream of tweets at odd hours. Regardless, Huawei and China are unlikely to blink. They have the upper hand.
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Growing old in America: Baby Boomer nightmare
Despite its reputation as the wealthiest generation, baby boomers (generally considered to be those born between 1946 and 1964) are facing a retirement nightmare.
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The debate over inequality
The debate over inequality has become hotter world-wide. While Trump had introduced substantial tax cuts for the rich in 2017, and Britain’s Boris Johnson, the front-runner to succeed Teresa May, has promised to do the same if he becomes Prime Minister, there are strong proposals for taxing the rich which have also been mooted. Bernie Sanders had such a proposal for the U.S. during the time that he was seeking the Presidential nomination of the Democratic Party.
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Freedom and slavery: the birth of capital
We are frequently told that capitalism equals ‘freedom’; that it is the organic product of ‘human nature’. But far from arising naturally, the birth of the ‘free’ market is built on violence, dispossession, and enslavement.
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How working-class movements are moving beyond the confines of capitalism
The context for organizing today that faces working people across the world is one that must grapple with the challenges posed by a decentralized production process and a well-organized ruling class.
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Dossier 18: The only answer is to mobilise the workers
Tricontinental: Institute for Social Research launches its eighteenth dossier, “The Only Answer Is to Mobilize the Workers.” The challenges facing Indian workers and their strategies to fight back are explained through the insights and expertise of K. Hemalata, president of the Center of Indian Trade Unions (CITU).
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Climate change, dust bowls, fishery collapse: metabolic rifts of capitalism and the need for socialism
Humankind and the environment are hurtling toward unprecedented ecological crises. Global warming, sea level rise, and weather extremes due to carbon emissions are catastrophic enough, but they will mix and combine with ocean acidification, air and chemical pollution, water shortages, deforestation, fishery collapse, soil erosion, and mass extinction, throwing both nature and society off a cliff into the unknown.
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It’s not just profitability: a response to Michael Roberts
Michael Roberts takes issue with my blog post “Why Stagnation,” which presented the analysis in a recent article I coauthored with Deepankar Basu. We argued that social structure of accumulation (SSA) theory can explain the current stagnation in the U.S. economy.
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The path to climate justice passes through Caracas
For now the U.S. regime change agenda has been defeated as a result of the mass mobilization in April and May of the Venezuelan masses in defense of their Bolivarian Revolution, a mobilization which succeeded in marginalizing the opposition led by U.S. puppet Juan Guaido, demonstrating how pathetic his claims of legitimacy were.