Category Economy

Chris Hedges: Papering Over the Rot

“…window dressing, masking the root cause of the demise of America — unchecked oligarchic power and greed. The longer wealth is funneled upwards into the hands of a tiny, oligarchic cabal, who put Biden into office and whose interests he assiduously serves, we are doomed.”

Capitalism on a Ventilator – The Impact of COVID-19 in China and the U.S.

Ajamu Baraka, Monica Moorehead, Mumia Abu Jamal, Margaret Kimberley, Vijay Prishad, Lee Siu Hin, Sara Flounders, Carlos Martinez,  Kevin Zeese, Deirdre Griswold, Max Blumenthal and more.

Glenn Greenwald on the Biden Administration and Expanding Censorship with Chris Hedges

The Biden administration and what it will mean for a country in crisis…

Increasing Pentagon Spending When People Are Going Hungry Is Madness, by John Nichols

“Upending the process by which ever increasing cash flows are directed into the military-industrial complex may not be popular with McConnell and the defense contractors he represents. But it most definitely is popular in a country where the overwhelming majority of Democratic voters and more than half of Republicans voters are ready to take money out of the Pentagon budget and move it into the fight against the coronavirus pandemic and the economic pain that extends from it.

The new COVID “relief” bill includes:

“tax breaks if you own a race horse” (and how corrupt is the US government?)

Matt Taibbi: “Amazing” Hypocrisy: Democrats Make Wreck of Covid-19 Relief Negotiations

“There are no direct payments for regular working people, people living off tips,” the aide says. “But they made sure there’s a provision in there to help defense contractors who aren’t working right now. They get what they’re looking for.”

Margaret Flowers: The Solutions are Obvious, but it will take a Revolution to win them

“This is our moment. This is the time to make demands that the government take action to address the people’s needs.,,,It is up to us to bring the crisis to members of Congress and demand immediate action.”

The Middle East Will Soon Be Under Water: A Talk with Noam Chomsky and Robert Pollin

Arguing against the misplaced fear of economic disaster and unemployment arising from the transition to a green economy, they show how this bogus concern encourages climate denialism.

Noam Chomsky and Robert Pollin: The Political Economy of Saving the Planet

“The Green New Deal is the only approach to climate stabilization also capable of reversing rising inequality and defeating global neoliberalism and ascendant neofascism.”

Protest at General Mills: “No to U.S. Dough for the Occupation of Palestine!”

“Israel, the Occupying Power, has systemically and unlawfully appropriated Palestinian public and privately owned land, exploiting Palestinian natural resources, while forcing the transfer of and creating coercive environments [sic] to forcibly displace the protected Palestinian population.*

Chris Hedges: American Requiem

“If there is one group that deserves our deepest contempt it is the liberal elites, those who posture as the moral arbiters of society while abandoning every value they purportedly hold the moment they become inconvenient.”

What’s on Polly Mann’s Mind? Shame on the Congress

“If people would refuse to support, fund, kill, or participate in the process, there would be no war. We need to reset and have a fresh start.”

Can We Learn from Cuba About COVID-19? by Penny Gardner

“The population went under ‘lockdown’ on March 20. Business taxes and domestic debts were suspended, those hospitalized had 50% of their salaries guaranteed and low-income households qualified for social and family assistance schemes, with food, medicine and other goods delivered to their homes…”

End Minnesota Complicity in the Suffering of the Palestinian People, by Lucia Wilkes Smith

General Mills/Pillsbury complicit in occupation of Palestine.

‘Trying to Get Free’: A conversation about the radical politics of looting with Vicky Osterweil

“It’s also often not actionable for people looking at the streets and wanting to mobilize and seize the moment. A lot of these liberal modes don’t really provide any way forward other than voting.”

Tomgram: Mandy Smithberger, Ending the Pentagon’s Pandemic of Spending

“A Post-Coronavirus Economy Can No Longer Afford to Put the Pentagon First.”

The End of Oil? Pandemic Adds to Fossil Fuel Glut, But COVID-19 Relief Money Flows to Oil Industry

“The American tax payer, through the Federal Reserve, now for the first time have become owners in oil company debt.”

Capitalism in Crisis and The Combination That Changed Capitalism Forever, with Yanis Varoufakis

“Explores what a restructured economic and political landscape might look like in a post pandemic era, and what it would take to harness state power in service of the masses rather than corporations.”

A Conversation with Noam Chomsky on Trump, Capitalism, and the U.S. Role in the New Cold War

Every major problem we have is global in its scope and requires global cooperation: climate crisis, COVID-19 pandemic, and nuclear war and all require international cooperation. Negotiation and diplomacy are required.

DN! The End of Big Tech? Calls Grow to Break Up Facebook, Amazon for “Mob-Like” Behavior, Monopoly Power

… if you’re adding a quarter of a trillion dollars in market capitalization across just four companies in a low-growth economy or an economy that is in decline, it means every other publicly traded company is likely losing revenues to these companies. So in sum, what is now good for Big Tech seems to be […]