The wealth of US billionaires has increased by a massive $2.1 trillion, or 70 percent, since the onset of the coronavirus pandemic, while tens of millions of working people have…
All parts and aspects of life have been occupied by capitals. This is the broader picture. This is one of the facts from reality that composes context of life of…
One of the problems with capitalism is that it is driving us towards disaster. Greed is good? Adam Smith (1723-1790) maintained that individual self-interest can and should be the principle…
Our planet cannot handle an eternal growth model. We live in a finite system and capitalist innovation can only take us so far. Eventually we run out of resources. Climate…
Eighteen months into the latest pandemic, there are quite a few observations that can be made about the origins of, and responses to, the Covid-19 virus. The 24-hour news cycle…
Capitalism is deeply unjust. It is a system under which labour power has itself become a commodity and is bought and sold on the market like any other object of…
In the early 70s the Rolling Stones sized it up for we working stiffs in their song ' Working for the Company': I want a real fine car, fly Miami…
Authoritarianism’s Popular Base Inexorably linked to self-identity molded by the social environment, political identity, shaped by social class and the hegemonic culture, largely determines the individual’s participation in the political…
Sold under the pretence of a quest for optimising well-being and ‘happiness’, capitalism thrives on the exploitation of peoples and the environment. What really matters is the strive to maintain…
“Capitalism is often interpreted as a religion. However, if religion is understood in terms of Religare, as something that binds, then capitalism is anything but a religion because it lacks…
The coronavirus pandemic has already caused the colossal loss of lives and livelihoods around the world. It continues to create havoc in different countries like Brazil and India. It has…
COVID-19 pandemic as well as the lockdowns which followed in most countries have caused a lot of distress . However the wider bitter reality is that these times were also…
Chetan Bhagat’s article “Wanted: A bill to fix Indian manufacturing” - published on March 27, 2021 by “The Times of India” - is a paradigmatic example of neoliberal oversimplification. While…
‘Reforming capitalism’ is essentially considered an oxymoron by the academic world that is flummoxed by the ability of capitalism to re-mould, reorient and revamp itself for sustenance without losing the…
As our nation continues to be occupied by the greedy, the exploitive and the arrogant Super Rich, we need to call them out for what and WHO they are.…
Pakistani expatriates in the USA have developed a consensus that the genesis of what ails Pakistan can be traced to the feudal system our former colonial masters imposed on India…
Marxists advocate bourgeois revolution to break the fetters of feudalism. Capitalist markets are only the most advanced form of exchange. Industrialization was the inevitable outcome of human instincts. In the…
“Economic Hitmen (EHM) are highly paid professionals who cheat countries around the Globe of trillions of dollars…funnel money from W.B, US.AID, …into coffers of huge corporations and into the pockets of…
As the mutilating power of Coronavirus strikes on lives and livelihoods and create havocs across the globe, the Davos priests of the World Economic Forum have started ‘the Great Reset…
An Overview of Systems of Government. H.L. Mencken said the typical American voter was a boob and the system was booboisie. In order to understand the submission “ Democracy is…
Sometimes things only make sense when seen through a magnifying lens. As it happens, I’m thinking about reality, the very American and global reality clearly repeating itself as 2021…
The invisible hand As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that this,…
To profiteers, this pandemic is very good; it hasn’t hurt their profit-making mechanism. Net worth of US billionaires has soared by $1 trillion – to total $4 trillion – since…
ORIENTATION When I first considered myself a socialist revolutionary in 1970, I was hounded by free marketers’ challenge: “name me one country where socialism works”. These market fundamentalists would then…
Please remember that in 1961 when JFK took office the top bracket for federal income tax was at 90%. Now, we all should know that no one in that top…
We live in disconcerting times. The wealth of USA’s 643 billionaires has soared by 29% since the start of the Covid-19 pandemic. On 13 August, 2020, the top twelve US…
The pestilence of COVID-19 has not only revealed the failures of capitalism but also exuberated over all institutions of capitalism. The culture of crisis and conflicts are organic to capitalism.…
ORIENTATION Why do political science and neoclassical economics go in one ear and out the other? A human being who has a fully integrated social body understands that economics is…
In his 1845 book “The Condition of the Working Class in England”, Friedrich Engels wrote: “When one individual inflicts bodily injury upon another, such injury that death results, we call…
“The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the…
Here is a word that risks deterring you from reading on much further, even though it may hold the key to understanding why we are in such a terrible political,…
The most radical socialists; Black Lives Matter (BLM) protesters (Black, White, Latino or Asian); liberal and conservative zealots; diversity and equity gurus; pacifists; denizens of corporates and non-profits; rappers, rockers…
The pandemic has shaken up the neoliberalism as an economic project of capitalism. The economic architecture of neoliberalism based on austerity, liberalisation, privatisation, and globalisation has failed to provide…
A new freely downloadable book I would like to announce the publication of a new book, which discusses the question of how oligarchs maintain their grasp on an excessive share…
Billionaires are “smart” enough. Their wealth now, in this pandemic, tops trillions of dollars. A new report – Riding the Storm, billionaires insights 2020 – by UBS and PwC reveals…
Think about this: You know how spiders look, ditto for bees, ants and other assorted bugs. Yet, when it comes to termites, few of us can even sketch how they…
A 1969 song written and sung by John ' Speedy ' Keen of the group Thunderclap Newman fits too well today... much too well: Call out the instigators Because there's…
On March 13, 2019, Azim Premji, Chairman of Wipro Limited and the third richest man in India (according to the Hurun India Rich List1) made an unusual announcement. The announcement…
The post pandemic economic recovery looks uncertain and the economic growth projections look gloomy in every stretch of policy paradigm within capitalist imaginations. The strong and existing multilateral cooperation within…
Countercurrents has posted an article – “Crime, Justice and Capitalism” – by Mister Bhabani Shankar Nayak (Coventry University, UK) on July 12, 2020, which deserves a few explanations. The spirit…
And he be US!' The late great cartoonist and political satirist Walt Kelly created his Pogo comic strip that ran from 1948 to 1975. Pogo was syndicated and seen by…
The right-wing henchmen and their liberal brethren provide moral justifications for extra judicial deaths during colonial plunders and imperialist wars. From Iraq wars to the killing of Osama Bin Laden,…
COVID-19 pandemic is making the poor poorer and the rich richer. The following is such a story: An AP report said: “The U.S. government's small business lending program has benefited…
First off, this writer is simply a Socialist- not a Marxist or Trotskyite or Stalinist, Leninist or whatever flavor of left wing tastes there are. All of them are categorically…
The world wide covid19 outbreak has once again exposed the hopelessness of Western capitalist economies. While the socialist one prioritizes public health and social welfare, the other seeks profit even…
It is time for power to the people! Global capitalist inequality contributes directly to health pandemics, environmental degradation, and mass poverty. Elite-corporate oligarchs control the governments and political parties.…
The title is a riff on James Carville’s disingenuous (and stupid) phrase from 1992 when he was Bill Clinton’s campaign director. Carville’s pithy quip, “It's the economy, stupid,” became the…
First the good. There’s an outpouring of spontaneous actions, large and small, to feed the hungry, help the desperate, aid seniors, the economically afflicted. There is public art and…
Exciting news for capitalism is the recent achievement of trillion-dollar value for both Amazon and Apple, making them the first corporations to obtain such a lofty status. Amazon’s skyrocketing growth…
Who rules the land? A deeper and truer version of this question is: What rules the land? Is it the money (the aristocracy), or is it the people (the public,…
Small and marginal farmers, sharecroppers, landless labourers and other farm and forest workers in India are the single largest natural resource being exploited for capitalist accumulation in India. The market…
Humankind, being an inherently tool-making species, has always been in a relationship with technology. Our tools, weapons, machines, and appliances are crucial to forging the cultural criteria of human…
Capitalism has been the world’s dominant economic system for more than 700 years. And as it brings the planet to new crises, author Raj Patel believes it’s important to imagine…
A number of recent, press articles, including an over 8,000-word feature piece in The New York Times have asked, to quote the Times’ headline, “Why Are More American Teenagers…
“Whoever is not prepared to talk about capitalism should also remain silent about fascism?” -Max Horkheimer, from the essay “The Jews and Europe”, December 1939 Aren’t we all tired of…
The morning papers bring me the news that Amazon founder and CEO Jeff Bezos is the richest person in the world. Actually he overtook Bill Gates for a few hours…
Please share these counter-arguments far and wide, in order to educate your fellow citizens, and, if necessary, to provide the intellectual beat-downs needed when arguing with pro-capitalists. So without further…
Capitalism is dead. Period. It can no longer serve humanity without destroying the world. As an economic system it is essentially bankrupt. All the lies and all the shoring…
Following are excerpts from the Freedom Socialist Party document “Standing on the Edge of Something Big,” adopted at FSP’s September 2016 convention. These sections analyze the political and economic nature…
In 2000, I was 17 years old. I didn’t know the first thing about politics, history, or social change. My first preference in the U.S. Presidential Election was for George…
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