The capitalist bourgeoisie needs and defends democracy as a form of social freedom only as long as it is useful to its own class rule. Their understanding of democracy & freedom is structurally limited-only he is a full-fledged human being who is also a citizen of property. The real barriers of bourgeois democracty must ber recognized and overcome.
The 26 community centers in Vancouver, Canada could revive democracy and freedom.
Erik Olin Wright spoke of smashing, taming, escaping and eroding capitalism as alternatives of a transformational left. We must resist the “selective perception” of the elite that ignores market distortions (tax havens, stock buybacks, micro-second trading and insider trading), market failures (housing and health care), state failures (reducing the state to an errand boy for the banks), and the attacks on the poor, seniors, disabled, children and students.
Grace’s talk in Berlin on November 12 in our series “Economics beyond the Swabian hausfrau”.
International institutions have allied with bond vigilantes to bludgeon Argentina into imposing policies that benefit investors and harm working people. Read here
Eleven years on from the crisis of 2008, we are entering a co-ordinated global slowdown, and policymakers must not be complacent. Read here
Margaret Thatcher is undoubtedly one of the most divisive characters in British political history. But whatever you think of her, she’s a woman whose economic policies have had repercussions that are felt today. She will […]
‘The problem isn’t Mexican migrants or Chinese factory workers — it’s the global elite that built an economic model so extractive, exploitative and unstable that it has provoked the kind of nationalist backlash not seen […]
Capital mobility has sucked money out of the global South and into financial vortexes such as Wall Street and the City of London. Read here
The opposition senator Jeanine Anez appointed herself the new “president.” The trigger for the coup was the election on October 20. President Evo Morales was declared the winner with 47% of the vote and a difference of 10 points from ther conservative candidate. The per capita income of the 11 million Bolivians doubled during Morales’ term of office.
His book “The End of the Mega-Machine. History of a Failed Civilization” explores the origins of economic power. For 40 years, the global economy has headed into a structural crisis that cannot be explained with the usual economic cycles. This crisis is hidden by growing indebtedness and offers fewer and fewer persons a secure livelihood. Another type of economics could be obliged to the public interest and not to profit.
Venezuela is one of 41 states that depends on food assistance to avoid a humanitarian crisis. The US government is copying its blockade policy against Cuba since the beginning of the 1960s. There is hardly any criticism of the US sanctions. Six million households, 60% of the population, are sustained by the food program.
by Christoph Butterwege, Nov 11, 2019.
Social rental housing construction wjhich has been increasingly restricted since the 1980s must be resumed on a grand scale and rapidly promoted to offer low-income earners, single parents and large families a place to stay. A revival of public housing construction would stimulate the activities of cooperative and municipal housing associations.
Resisting “corruption: has occupied the American republic since its origin-along with the search for “virtuous leaders.” The impeachment process was understood as a remedy for corruption. The violation of the people’s trust through abuse of office – the misuse of power for one’s enrichment, the missing orientation in the common good – is the reason for removal from office.
by Alfred de Zayas, Urs Fasche, Florian Zollmann, and Hans Blix
The US surprise attack on Iraq in March 2003 was a primal catastrophe. International law was eliminated and replaced by the imperial dictatorship of the US. Millions took to the streets. That war happened despite the protests against the planned murder, against the manipulation of public opinion and against the repeated lies about weapons of mass destruction. Those who destroyed a whole people and have over a million casualties on their conscience are not punished in any way.
War crimes and crimes against humanity were committed and not only the crime of aggression.