Saturday, 23 September , 2017

Capitalism

Chronicle of a Flood Foretold

By Jeffrey St. Clair Houston didn’t need to be warned. The city had already been sunk by four major hurricanes, each less powerful than Harvey,...

Capital at 150: History in Capital and Capital in History

By Radhika Desai Karl Marx, Capital, Volume 1. London: Penguin and New Left Books, Translated by Ben Fowkes, with an introduction by Ernest Mandel. ‘Marx was the...

Imperialism Is Alive and Kicking: A Marxist Analysis of Neoliberal Capitalism

By C.J. Polychroniou, Truthout | Interview The concept of imperialism has fallen out of the political lexicon of many leftists in the West, with...

It is imperative to construct a 5th International of workers and...

1 For the last thirty years the world system has undergone an extreme centralization of power in all its dimensions, local and international, economic and...

L’ indispensable construction d’ une 5eme Internationale des travailleurs et de...

SAMIR AMIN 1 Le système en place depuis une trentaine d’années est caractérisé par l’extrême centralisation du pouvoir dans toutes ses dimensions, locales et internationales, économiques,...

President Trump: Nationalist Capitalism, An Alternative to Globalization

By James Petras* Original post date: 31 January 2017 During his inaugural speech, President Trump clearly and forcefully outlined the strategic political-economic policies he will pursue...

Do You Need a Ride or a Checkered Pattern?

By Boris Kagarlitsky The events currently unfolding in the United States, and discussions of the American Left regarding Trump, remind me of the famous Soviet...

Is capitalism destroying himself or us and democracy?

More than four years on, we know that in 2012 the political fallout was only just beginning. It was in December 2011 that David Cameron reopened the European question by opting out of the new ‘fiscal compact’ drawn up by Angela Merkel and Nicolas Sarkozy with the aim of enforcing budget discipline across the EU. In the US in spring 2012, Mitt Romney emerged as the candidate from the Republican primaries, but the freakshow anticipated the Trump campaign to come. In Italy the ousting of Berlusconi in a backroom coup in November 2011 and the installation of the ‘unpolitical’ economist Mario Monti as prime minister set the stage for the emergence of Beppe Grillo and Five Star in the local elections of May 2012. In France as the fiscal compact began to bite, François Hollande’s presidency was dead almost before it had started.

This Is How Steve Bannon Sees The Entire World

Well before victories for Brexit and Trump seemed possible, Bannon declared there was a “global tea party movement” and praised European far-right parties like Great Britain’s UKIP and France’s National Front. Bannon also suggested that a racist element in far-right parties “all gets kind of washed out,” that the West was facing a “crisis of capitalism” after losing its “Judeo-Christian foundation,” and he blasted “crony capitalists” in Washington for failing to prosecute bank executives over the financial crisis.

Update 2016: The Transatlantic Trade and Investment Partnership (TTIP)

The resistance against TTIP, the Transatlantic Trade and Investment Partnership, is alive and kicking. While national leaders of the interested parties like Obama and Merkel are trying to revive the negotiations, wishing to finalise them, people are organising protest in many places to mark their disagreement.