Archive for July, 2023

• Michael Roberts Predicts a Slump Before Inflation Lowers

  Central banks around the world continue to raise their interest rates, claiming inflation is due to high wages and low consumer demand. (more…)

• Michael Hudson and Friends Discuss the Origins and Destiny of NATO
  This is a no holds barred discussion of what is becoming of NATO. It begins with its origin as part of the Cold War.

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• Protests Against Netanyahu’s Aspiring Dictatorship is Out of His Control

  Netanyahu’s attempt to bypass the rights of the judiciary to comment and veto on his proposals has gotten him in hot water. (more…)

• Doublespeak: What Does a Fascist Democratic Party Have to do with Socialism?

  At its convention this weekend the DSA leadership has a tall order in front of it. (more…)

• Another Myopic Mordor Policy About Barring Chinese Chip Trade
  Mordor’s plans to corner the microchip market has some huge holes in it.

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• How do Social Solidarity Movements Compare Cross-Culturally?
  This is a very interesting discussion of how social solidarity movements compare to each other in Spain, Latin American and Yankeedom.

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• Uncle Mortimer’s Twilight Zone American Economic Dream
  In addition to his falls and disorientation after speeches, Biden now hallucinates that he has created 13 million new jobs.

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• China’s Presence in Africa Much More than an Extension of The New Silk Road
  Most of the positive news we see about China’s presence in Africa centers around extending the Belt and Road Initiative. But China is doing much more.

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• Kissinger’s Visit to China: Too Little, Too Late

  As is well known, Henry Kissinger is no friend of the neocons. In the early 70s as a Rockefeller globalist, he attempted to make peace with the Chinese. (more…)

• Michael Roberts on Our Dire Ecological Straits

  With the exception of  John Bellamy Foster, typically Marxists economists don’t focus very much on ecological conditions. (more…)

• The Schizophrenic Foreign Policy of Mordor Towards China

  Richard Wolff points out that the ruling classes of Mordor are working at cross purposes. (more…)

• Michael Hudson on Mordor as a Failed State
  The term “failed state” is usually reserved for third world counties that cannot quell conflicts between regions, class and ethnicities.

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• Taking the Propaganda out of Economics

  Most people living in Mordor do not understand the capitalist system under which they live. (more…)

• The Cycles and Spirals of Capitalism

  Orientation

  How long has capitalism existed? Has it always been with us all the way back to tribal societies or is it a product of the modern age? (more…)

• Why Propaganda is Necessary to Uphold the Illusion of Democracy
  In his book 1984, George Orwell described a number of techniques used to control people including doublethink and newspeak.

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• A Tale of Two Cities: Moscow and Paris

  What the Anglo-American empire expected was that as a result of their sanctions Russia would crack and Putin would be driven from power. (more…)

• Amazon’s Totalitarian Aspirations: Amazon Teamsters Rolling Pickets’ Reaction

  Imagine you are a delivery driver who is tracked by your company so that your every move of your truck is registered. (more…)

• Why Higher Wages Have Nothing to do With Inflation

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• Chinese Trade in First Half of 2023: Up, Up and Away
  On the whole, Chinese foreign trade has improved 2.1% over the last year.

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• Hudson and Desai and the Global South Debt Crisis: Is There a Way Out?

  How similar and how different is today’s global debt crisis from the one that hit the third world back in the 1980s? (more…)

• How Workers Coops can Survive (and Thrive) in a Capitalist Market

  Luis Razeto Migliaro is one of the few theorists of workers coops who is not afraid to use the categories of capitalist economics to understand problems of workers cooperatives. (more…)

• Michael Hudson on Chickens Coming Home to Roost for Finance Capital

  Interest-bearing debt grows EXPONENTIALLY. The physical economy of production and consumption grows more slowly. (more…)

• Back to the Periphery of the World System: Europe Burning Up
  For about the last 60 years, European rulers have acted as if they made their own independent decisions and managed their own economies.

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• The Engineered Destabilization of the Global Economy

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• NATO in its Death Throes: Vampire Bloodless at Dawn

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• Capitalist Rationality on Display: Global Stock Markets Fall as Workers Find Jobs
  Capitalism likes to imagine itself as a rational economy. So how rational is this?

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• 21st Century French Revolution: Will it Spread Across the Continent?

  The word immigrant technically means a person leaving a country voluntarily with the intention of relocating permanently. (more…)

• Ewen Cameron’s Brainwashing Experiments: On the CIA Payroll
  Thankfully, research has shown that brainwashing attempts haven’t worked. (more…)
• Labor Notes and the Dialectical Spiral of its Development

  Labor Notes is the only organization we know that keeps track of the labor movement and reports on it on a bi-monthly and monthly basis. (more…)

• Twin Demons in Space: Russian and China Cooperation in Space

  From the 1950s to the mid 1970s the only players in the exploration of outer space were Russians and Yankees. (more…)

• Heart-Break for Free Market Fundamentalists: Adam Smith Is Not Your Father
  If any of you are lucky enough to forget your first capitalist economics class, we are sorry to bring up a bad memory.

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• Woke Politics As Mordor’s Internal Color Revolution

  This is a terrific article about how the ruling classes of Mordor, beginning in 2020, jumped on the bandwagon of the Woke movement. (more…)