Post Tagged with: "Capitalism"

 Capitalism is double-billing us: we pay from our wallets only for our future to be stolen from us

 Capitalism is double-billing us: we pay from our wallets only for our future to be stolen from us

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, economic and social mess. That word is “externalities”. It sounds like a piece of economic jargon. It is a piece of economic jargon. But it is also the foundation stone[Read More…]

by October 26, 2020 World
(Photo: Mr. Fish / Truthdig)

Liquid Capitalism: Everyone Drinks it, Swims in it, Drowns in it

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 and country western musicians; Bernie Sanders; racists and White guilt pushers; Baptists, Catholics, and Muslims; children; bland K-16 teachers; members of the military; indeed, every social, cultural, political and economic[Read More…]

by October 26, 2020 World
Neoliberalism and its criminal confessions

Neoliberalism and its criminal confessions

                   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 basic dignity of life in terms of basic health, education, home and food security. The rise of unemployment, hunger and homeless are the direct products of neoliberal economic policies followed[Read More…]

by October 19, 2020 World
Ye Are Many, They Are Few!

Ye Are Many, They Are Few!

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 of wealth and power when, as Shelley pointed out, the have-nots are many, while the power-holders are few. http://eacpe.org/app/wp-content/uploads/2020/10/Ye-are-Many-They-are-Few-by-John-Scales-Avery.pdf The Peterloo Massacre Rise, like lions after slumber In unvanquishable number![Read More…]

by October 14, 2020 Book Review
Amidst pandemic, while billions struggle for survival, billionaires’ wealth tops $10 trillion

Amidst pandemic, while billions struggle for survival, billionaires’ wealth tops $10 trillion

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 that the world’s uber-rich have increased their already-huge fortunes by more than a quarter; and this “miracle” happened amidst the ongoing pandemic ravaging life of billions of the poor in[Read More…]

by October 8, 2020 World
Termites

Termites

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 look. Meanwhile, every homeowner and tenant has to be on guard for these creatures, who will destroy the very structures they inhabit. Termites do their dirty deed always in semi[Read More…]

by September 26, 2020 World
Something In the Air

Something In the Air

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 something in the air We’ve got to get together sooner or later Because the revolution’s here and you know it’s right And you know that it’s right We’ve got to[Read More…]

by August 12, 2020 World
Capitalist Philanthropy: A Means of Circumventing the State?

Capitalist Philanthropy: A Means of Circumventing the State?

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 was that he would set aside Rs 53,000 crore of his wealth for philanthropy. As a signatory to “Giving Pledge,” the philanthropic project started by Bill Gates and Warren Buffet,[Read More…]

by August 4, 2020 World
Globalisation of Capitalist Crises

Globalisation of Capitalist Crises

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 the Westphalian international system is falling apart and facing its existential threats due to its entrenched Eurocentric bias, democratic deficits and institutional dominance by the erstwhile colonial powers. The world[Read More…]

by July 29, 2020 Globalisation
A few explanations on Bhabani Shankar Nayak’s article on crime, justice and capitalism

A few explanations on Bhabani Shankar Nayak’s article on crime, justice and capitalism

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 orientation of the article – anti-capitalism – is nice. It joins today’s millions tormented and tortured by capitalism. The voice must be appreciated. However, a few points raised in[Read More…]

by July 23, 2020 World
We Have Met the Enemy….’

We Have Met the Enemy….’

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 millions each day. One famous Pogo was the aforementioned ‘ We have met the enemy… and he be US!’ How true it has always been for us working stiffs. The[Read More…]

by July 16, 2020 World
Crime, Justice and Capitalism

Crime, Justice and Capitalism

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, and from honour killings to domestic violence, police encounters, and custodial deaths around the world are part of the same genealogy, that justifies violence on moral grounds. Colonialism as civilising[Read More…]

by July 12, 2020 World
Who got U.S. Paycheck Protection loans? They include Hedge funds and Kanye West

Who got U.S. Paycheck Protection loans? They include Hedge funds and Kanye West

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 millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably would[Read More…]

by July 8, 2020 World
Finally: A Way Out of This Mess!!

Finally: A Way Out of This Mess!!

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 better than what we here in Amerika ( and most of the industrialized world) live under. That being Corporate Capitalism On Steroids! Yes, what Adam Smith proselytized hundreds of years[Read More…]

by July 7, 2020 World
Image Courtesy: Graffiti on a wall in Toronto. | C.J. Atkins / PW

 The Political Economy of the Pandemic

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 in the time of pandemic. The magnitude of the repercussions of this greed for profit is yet to be understood. Why is there such a drastic difference in responding to[Read More…]

by June 13, 2020 World
A Strategy for Global Democracy and Wealth Sharing

A Strategy for Global Democracy and Wealth Sharing

  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. They use established militarized police states to protect their vast empires of property and money worldwide. The global one percent own half of the world’s wealth, and the richest 10[Read More…]

by June 7, 2020 World
 “No. It’s Capitalism, Stupid.”

 “No. It’s Capitalism, Stupid.”

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 campaign’s de facto slogan. It functioned as a clever ruse to help Clinton beat Bush by pandering to workers and creating the impression that his policies would actually help them.[Read More…]

by May 18, 2020 World
Reality in the Time of Covid-19

Reality in the Time of Covid-19

  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 and an endless steam of performances, gatherings and flash mobs on line. Mask Oakland distributes N95 Masks to the homeless. In Aurora Colorado, librarians assemble kits of essentials for seniors[Read More…]

by May 18, 2020 World
A Milestone for Global Capitalism

A Milestone for Global Capitalism

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 makes its CEO, Jeff Bezos, the world’s richest person with an $160 billion net worth. Driving the engine of global wealth concentration are giant transnational investment management firms. In 2017,[Read More…]

by September 26, 2018 World
How a Free Market Inevitably Produces Dictatorship

How a Free Market Inevitably Produces Dictatorship

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, the residents on that land)? (For the interest of paleoconservatives, the issue of residents’ citizenship will come later here, as “immigrants” instead of as “citizenship”; but our basic focus is[Read More…]

by August 22, 2018 World
Living by One’s Own Truth: Capitalism equals Corruption

Living by One’s Own Truth: Capitalism equals Corruption

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 pays the manual work of those who produce their own food and that of others at below social reproduction cost. This is a fundamental market failure in relation to the[Read More…]

by June 21, 2018 Life/Philosophy
Capitalism’s Failure Of The Flesh: The Rise Of The Robots

Capitalism’s Failure Of The Flesh: The Rise Of The Robots

  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 life. At present, amid the technology created phantomscape of mass media’s lurid — yet somehow sterile — imagery, one can feel as if one’s mind is in danger of being[Read More…]

by December 10, 2017 Life/Philosophy
AMERICAN DOLLAR BILLS BURNING

Raj Patel On How To Break Away From Capitalism

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 what might replace it. But reform won’t happen unless we understand capitalism’s appeal and historical rise, says Patel, a food justice activist and professor at the University of Texas at[Read More…]

by November 5, 2017 Life/Philosophy
 2 or 3 Things I Know About Capitalism (with apologies to Jean-Luc Godard) 

 2 or 3 Things I Know About Capitalism (with apologies to Jean-Luc Godard) 

  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 Than Ever Suffering From Severe Anxiety?” Although the question was proffered, the reporters and editors responsible for the articles remain resolutely obtuse to the obvious: The bughouse crazy environment of[Read More…]

by October 18, 2017 Life/Philosophy
Capitalism And Its Discontents: What Are We Living For?

Capitalism And Its Discontents: What Are We Living For?

“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 capitalism? Haven’t most of us gotten sick of the drudgery, the monotony, the exploitation, sucking up to our bosses and management who pretend to care about the average worker? The[Read More…]

by August 10, 2017 Counter Solutions
Jeff Bezos, Global Elites And Revolution

Jeff Bezos, Global Elites And Revolution

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 on Thursday as the richest person on earth as the Amazon share prices rose. Bill Gates regained his position as the richest person later in the day. So what the[Read More…]

by July 28, 2017 Counter Solutions, Editor's Picks
Lies That Capitalists Tell Us

Lies That Capitalists Tell Us

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 ado, here is our list of the most devious “Lies that Capitalists Tell Us”:

by July 12, 2017 World
Revisiting Capitalism

Revisiting Capitalism

  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 up of the lies are not going to make a difference to the truth: pursuit of the path of Capitalism means doom not only for the poor of the world,[Read More…]

by June 15, 2017 Counter Solutions
Where We Are And How We Got Here

Where We Are And How We Got Here

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 of the times and the history leading up to today’s reality. Others examine the decline of capitalist democracy; the 2016 elections; the upsurge in class conflict and social activism; and[Read More…]

by February 8, 2017 World
How Anti-Capitalists Can Seize The Moment As Trump Enters The White House

How Anti-Capitalists Can Seize The Moment As Trump Enters The White House

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 W. Bush.[i] Somehow in my ignorance I had figured out that the Democrats were the more popular party, and I reviled what was popular. The President for the last eight[Read More…]

by January 12, 2017 World
Notes On Modern Day Capitalism

Notes On Modern Day Capitalism

              The current economic crisis has been interpreted variously. To most of the analysts it is merely a crisis of the new globalized financial system and the absence of any effective global regulatory mechanism. Another variant of the theme points the finger to the policy of completely freeing the American corporate, especially the financial corporate, oligarchy of any regulatory[Read More…]

by January 5, 2017 World
Capitalism or Life

Capitalism or Life

The global socioeconomic system of capitalism, is forcing us to work harder to surpass previous consumption and population numbers until we have devoured everything that maintains life, ending up with a polluted, lifeless, and a scorched planet. Civilisation’s present and ultimate mode, capitalism is the system that can only lead us to our annihilation. This isn’t any individual’s, or any[Read More…]

by November 13, 2016 Life/Philosophy
The Elephant In The Room Is Capitalism. Maybe.

The Elephant In The Room Is Capitalism. Maybe.

I’d been hoping to pay another visit to the Peasant’s Republic of Wessex, but red tape has been holding me up at the border so it’ll have to wait probably for another couple of weeks. Instead, I thought I’d offer a few top-of-the-head thoughts on Felicity Lawrence’s recent article about agricultural pesticide use in The Guardian – or, more specifically,[Read More…]

by October 11, 2016 Counter Solutions
Work, Energy, Money And Climate Change

Work, Energy, Money And Climate Change

  I was travelling in Europe last month, and was very disappointed by what I saw and heard. There is a lack of unity between Western workers and the workers of the world. The gap between the prosperity of a few highly professionalised workers in the West who are more and more aligned with the capitalists and managers, and the[Read More…]

by September 8, 2016 Climate Change