Monthly Archives: June 2017

Imagine a country without Wall Street and the Pentagon!

Happy O Canada Day (July 1), the 150th birthday of our great friend to the North! “When the state trusts citizens, citizens trust the state” (Justin Trudeau). The 26 community centers in Vancouver B.C. could represent a third way beyond … Continue reading

Posted in Essays | 1 Comment

How the World Heads for the Next Crash by Yves Wegelin

How the World Heads for the Next Crash by Yves Wegelin, 2017, woz.ch https://www.indybay.org/newsitems/2017/06/26/18800433.php The greed for money seduced bankers to take greater and greater risks. So they granted mortgages to destitute Americans that they sold as securities to other … Continue reading

Posted in Financial Market Capitalism, Political Theory | Leave a comment

Video: Triumph of the Will (1935), 18 min

Triump of the Will was a triumph of propaganda – showing the party at the center of everything. http://www.openculture.com/2017/03/why-triumph-of-the-will-wasnt-a-cinematic-masterpiece-but-a-staggeringly-effective-piece-of-propaganda.html

Posted in Anti-militarism, Political Theory | Leave a comment

Economic Stagnation and its Mastery by Markus Marterbauer

http://www.indybay.org/newsitems/2017/06/22/18800348.php Corporate profits explode while investments stagnate. Public housing declines with privatization. According to neoliberal theory, higher profits lead to greater investments and more jobs. In truth, higher profits lead to greater use of tax havens, companies buying back their … Continue reading

Posted in Neoliberalism, trickle-down economics | Leave a comment

The President as Businessman by Rudolf Hickel

The President as Businessman by Rudolf Hickel, blaetter.de, June 2017 http://portland.indymedia.org/en/2017/06/434862.shtml Trump’s gigantic tax cuts will only benefit the rich. State indebtedness increases on account of neoliberal fiscal policy, not through infrastructure investments. Revenue losses of over six trillion dollars … Continue reading

Posted in Political Theory, trickle-down economics | Leave a comment

The Great Trump Show

The Great Trump Show by Daniel Leisegang, blaetter.de http://www.indybay.org/newsitems/2017/06/11/18800091.php The bizarre billionaire becomes an epic disaster when regulation is demonized, social necessities like food stamps and Medicaid are cut in the hundreds of billions and taxes for corporations may be … Continue reading

Posted in Austerity, Political Theory, trickle-down economics | 1 Comment

Memorandum 2017: Alternatives for a Solidarity Europe: Instead of “Germany First”

Memorandum 2017: Alternatives for a Solidarity Europe: Instead of “Germany First” http://portland.indymedia.org/en/2017/06/434822.shtml The European Union is at a crossroads. The reason lies in the neoliberal redistribution policy favoring capital incomes for many years. “Mass unemployment intensified and was not ended … Continue reading

Posted in Alternative Economics, Political Theory, Reducing Inequality/ Redistribution | Leave a comment

Capitalism as a Regressive Descent Society

Capitalism as a Regressive Descent Society. Review of Oliver Nachtwey’s “The Descent Society” by Julian Bierwirth http://www.indybay.org/newsitems/2017/06/01/18799849.php The escalator is going down and no longer up as in the “social modern age.” The social trend drives toward precariousness and the … Continue reading

Posted in Austerity, Political Theory | Leave a comment