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Capitalism

The Chris Hedges Report: Facing The Climate Crisis And Human Mortality

In a world gripped by daily catastrophes, there is one that affects all but lacks the attention it deserves. The climate crisis — pervaded by ecological collapse, war, endless resource accumulation fueled by capitalism — is the issue of our time. The warning signs are there but as author Eiren Caffall tells host Chris Hedges, people are not able to handle the facts regarding the “fragility of our ecosystem, and [they] just don’t really have a great way of managing the emotional impact of that.” Caffall joins Hedges on this episode of The Chris Hedges Report to discuss her novel, All the Water in the World, and her memoir, The Mourner’s Bestiary.

Money Commons: Review Of ‘Remaking Money For A Sustainable Future’

“For those interested in how money works, and in how it is made to work, these are lucky times”, writes Barinaga. While it’s up for debate whether these times are lucky in other respects, her statement is certainly true as far as our understanding of money is concerned. The financial crises of the last two decades have led to many good books and articles explaining how money is created and managed, not least a 2014 communication by the Bank of England. For anybody taking a closer look, it’s quickly obvious that our current money system isn’t working for most people, nor is it compatible with a sustainable future. This book does a very good job of explaining why that is so.

Planned Obsolescence Vs The Right To Repair

Spring reminds me of the rituals of farming that were customary as I was growing up on the prairies. Among these were making sure that farm machinery was maintained, and repaired if necessary, to ensure that spring seeding occurred on time and without delay – at least as much as possible. And the other memory related to farm machinery was that there were always breakdowns at the most inopportune of times. Despite best efforts there was often a need to repair equipment during seeding or harvest. That was the way it was. Often someone from the family was dispatched to a nearby farm equipment dealer or garage to purchase a part so that a seeder, tractor, or discer could be repaired on the farm..

Behind Trump’s Wishful Thinking On ‘Reindustrialization’

In the 1950s, when Japan and much of Europe was in ruins, the U.S. accounted for 50% of the world’s global production. By the 1960s, this was 35%, declining to 25% by the 1980s. By 2025, the U.S. share of global production had fallen to 12% as production grew elsewhere. (itif.org, Feb. 18) The capitalist class in the U.S. has grown frantic about this reversal. Its focus is on China, and it blames China for its spectacular level of modern industrial development. In advanced technology manufacturing the future is clear: China holds 45% of the global share to 11% for the U.S. Higher levels of production need a high-tech infrastructure to move what is produced to global markets. 

Trade War And Austerity: The Final Stages Of US Capitalism

The Trump administration is imposing tariffs on a growing list of countries in a desperate effort to find leverage for protecting US interests abroad and to ostensibly re-industrialize the United States. Clearing the FOG speaks with Jon Jeter, author of "Class War in America: How the elites divide the nation by asking are you a worker or are you white?", about the motives behind the trade war and how this may impact both the global and domestic economies. Jeter explains that the United States is entering uncharted territory as it increasingly isolates itself from the rest of the world and hurtles toward another Great Depression. For the first time, the US may experience a situation in which the shelves are empty and families are unable to afford what is left.

When The Banality Of Evil Becomes Normalized, It Grows Unchecked

February tends to be a pretty harsh time of year in Berlin. Freezing temperatures, short days, and perpetually gray skies weigh heavy upon the city’s inhabitants, amplifying an already fraught atmosphere in Germany. Amidst a persistently bleak economic outlook, the country is undergoing a sharp rightward shift, with traditional parties increasingly mirroring the rhetoric of the far-right AfD, to the point where the distinctions between them are becoming negligible. This shift has been accompanied by the criminalization and escalating repression of any movement, initiative, or individual criticizing the Israeli government’s actions, or expressing solidarity with the Palestinian people — the victims of what numerous experts describe as an ongoing genocide.

The Fog Of Class War

The primary weapon of the ruling class is capitalism, and the greatest anathema to the capitalist construct is multiracial, multiethnic, and, intergenerational/intergenderational working class solidarity and militancy. This has been known since the 1786 Shays’ Rebellion, which occurred just ten years after the colonies’ so-called Declaration of Independence from the British empire. The significance of Shays’ Rebellion is multifaceted - not only did it represent a coordinated class struggle against the newly minted ruling class of the independent states, it also exposed the fickleness and abject hypocrisy of so-called revolutionaries like Samuel Adams.

Will Pakistan Remain A US Proxy Or Become A Regional Partner?

Pakistan is one of the largest countries in South Asia. Ever since its formation in 1947, it has been politically dominated by a coalition of landed and military elites who rule over millions of impoverished citizens mainly by force. Attempts to break this dominance and establish a truly popular government independent of the military establishment have mostly failed. Meanwhile, the ruling classes in Pakistan have been unable to industrialize and democratize the state. Their deep dependence on rent and the interests of the imperialists are in complete opposition to the popular aspirations and sentiments of the people.

I Saw Firsthand How Excessive CEO Pay Harms Workers And Customers

"Remember the 2016 “phony accounts” scandal at Wells Fargo? Executives relentlessly pressured employees to meet extreme sales quotas, leading them to create millions of fraudulent accounts without clients’ consent. As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the scandal blew up, regulators hit Stumpf with fines totalling $20 million — only a small dent in the estimated $130 million he walked away with in compensation when he resigned. This is just one of countless stories of CEOs taking reckless actions to pump up their own paychecks while putting their employees and the general public at risk.

Is Trump ‘Making America Affordable Again’?

US President Trump ran his campaign on a pledge to “make America affordable again,” following the inflationary crisis during Biden’s administration. But since the beginning of his presidency, the cost of living crisis, including the cost of staple grocery items and rent, has persisted. Peoples Dispatch spoke to economist Richard Wolff, who outlined that “prices are shaped by many factors, and only a few of those are under the control of any president.” “Trump did what American politicians usually do, which is take a cheap shot at his political enemies by blaming them for something bad going on in this case, inflation,” Wolff said.

China’s AI Breakthroughs Show It Is Outcompeting Monopoly Capitalism

The Chinese company DeepSeek has made a major breakthrough in the development of artificial intelligence (AI), with the release of its deep learning model R1. As the Financial Times put it, “With DeepSeek, China innovates and the US imitates”. Until now, the West had deemed China incapable of innovation, and Western monopoly capitalism was considered the summit of technological development. China has quietly and gradually overcome not only crucial internal contradictions but, above all, impediments imposed by the West that sought to curb its development.

The Anastasis Of Marx

If Karl Marx were to experience an anastasis and rise from the grave today, he might be both astonished and vindicated by the enduring relevance of his critique of capitalism in the modern world. Upon his first visit to a mall, how long would it take for him to get past the manufactured happiness that drives consumer culture and perverts his critique of production? Capitalism no longer simply estranges workers from their labor; it engineers desire, making consumption feel like fulfillment. The act of purchasing, of acquiring, is not just an economic transaction but an addiction, a temporary salve for an alienation that he once attributed to the separation from one's own production.

How Solidarity Economies Take Hold

In cities powerfully shaped by racial capitalism and economic exclusion, communities have long fought to reclaim their futures through economic solidarity and cooperation. This has been the case through the darkest stages of racial capitalist urban history and remains especially important in the face of a resurgent patriarchal white supremacy today. Our research, detailed in our new book “Solidarity Cities: Confronting Racial Capitalism, Mapping Transformation,” reveals a striking pattern: The very neighborhoods redlined into disinvestment and organized abandonment decades ago have become hubs of worker cooperatives, credit unions, community gardens and mutual aid networks that, together, constitute the decentralized but vibrant solidarity economy movement.

Kerala’s Healthcare Revolution: A Triumph Over Corporate Greed

The New Indian Express reported on February 10, 2025, that Kerala has seen the closure of 99 private hospitals since 2011, citing the data from the Kerala Private Hospital Association (KPHA). The association believes this number is a conservative estimate, with the actual figure likely much higher. Hussain Koya Thangal, President of the Kerala Private Hospital Association (KPHA), emphasized that while the cost of treatment has remained relatively stable, the financial burden of maintaining infrastructure and running hospitals has increased significantly.

Socialism Or Barbarism: A Statement Of Fact

Engels once said that capitalist society “stands at the crossroads, either transition to socialism or regression into barbarism.” Commenting on these remarks during World War I, the great socialist Rosa Luxemburg said: “What does ‘regression into barbarism’ mean to our lofty European civilisation? Until now, we have all probably read and repeated these words thoughtlessly, without suspecting their fearsome seriousness. A look around us at this moment shows what the regression of bourgeois society into barbarism means. This world war is a regression into barbarism. The triumph of imperialism leads to the annihilation of civilisation.”

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Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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