Skip to content

Capitalism

How To Crush A Bankers’ Dictatorship

The western media has been hit with warnings of “financial Armageddon” and the need for a “global hegemonic synthetic currency” to replace the collapsing US dollar under a new system of green finance. These statements have been made by former and current Bank of England Governors Mark Carney and Mervyn King respectively and should not be ignored as the world sits atop the largest financial bubble in human history reminiscent of the 1929 bubble that was triggered on black Friday in the USA which unleashed a great depression across Europe and America. While I’m not arguing that a systemic change is not vital to protect people from the effects of a general meltdown of the $1.2 trillion derivatives bubble sometimes called “the western banking system”, what such central bankers are proposing is a poison more deadly than the disease they promise to cure.

Black Alliance For Peace Stands In Revolutionary Solidarity With The People Of Bolivia

The Black Alliance for Peace condemns the U.S. sponsored counter-revolutionary coup in Bolivia. The right-wing ruling elite of Bolivia with the full support of the bipartisan right-wing U.S. government is attempting to reimpose the anti-people authoritarianism that was the norm throughout “our Americas” during the period of unchecked U.S. hegemony. The people of Bolivia entered a new historical era when the largely indigenous Movement for Socialism (MAS) with Evo Morales in the leadership disrupted this history of unchallenged U.S. hegemony. However, with the forced resignation of Morales and the physical assaults against leaders of the MAS, the progress made by indigenous and working-class people of Bolivia is under serious assault.

Chile Erupts In Popular Uprising Against Capitalist Injustice

Chile is fighting back and the people refuse to be silent any longer. Beginning October 18, a people’s movement has risen, started by high school students who made a call to protest against the increase of transportation fares. But no one predicted that this call to mobilize would spark an uprising of the Chilean people. What is behind the massive demonstrations nationwide is a profoundly unequal economic system, created by decades of neoliberal policies that have continuously increased the cost of living while wages have stayed stagnant.

The Crisis Of Rentier Capitalism In Venezuela: A Conversation With Oscar Figuera

For us, it is important to begin by characterizing Venezuelan society. For the Communist Party, what has entered into a serious crisis in Venezuela is the capitalist, dependent mode of production which is characterized by a rentier model of accumulation: we find the roots of the catastrophic crisis that we are currently facing in that model. I should add that we are paying the consequences of recent mistakes: the model of accumulation wasn’t transformed during the Bolivarian Process. It wasn’t transformed with President Chavez and much less so now, during the presidency of Nicolas Maduro.

The Companies Behind The Burning Of The Amazon

Both domestic and international demand for beef and leather has fueled the rapid expansion of the cattle industry into the Amazon. From 1993 to 2013, the cattle herd in the Amazon expanded by almost 200%  reaching 60 million head of cattle. While deforestation for cattle had been reduced thanks to both private sector and government action, the new wave of deforestation this year shows that the large international beef and leather companies and their customers and financiers continue to create markets for deforestation-based cattle.

The Capitalists Are Afraid

Capitalists seek to maximize profits and reduce the cost of labor. This sums up capitalism at its core. It is defined by these immutable objectives. It is not about democracy. It is not, as has been claimed, about wealth creation for the working class. It has nothing to do with freedom. Those capitalists, especially in corporations, who are not able to increase profits and decrease the cost of labor, through layoffs, cutting wages, destroying unions, offshoring, outsourcing or automating jobs, are replaced. Personal ethics are irrelevant. Capitalists are about acquisition and exploitation.

Extinction Rebellion Co-Founder Tackles The Allegation She Isn’t Challenging Capitalism

The Canary sat down with Bradbrook after her speech at Shambala festival 2019 to explore this and other areas relevant to the movement. Her speech appeared to emphasise individual responsibility over governmental change. When she was challenged on this, Bradbrook said: We’re obviously about systemic change… I hope that’s obvious. We’re talking about citizens assemblies, we’re talking about debt refusal and changing the finance system and so on.  When it comes to climate catastrophe, there are clearly major issues with the nexus of corporate government power.

Capitalism, Socialism, And Existential Despair

Decades ago, Edward Said remarked that contemporary life is characterized by a “generalized condition of homelessness.” Decades earlier, Heidegger had written that “Homelessness is coming to be the destiny of the world.” Around the same time, fascists were invoking the themes of blood and soil, nation, race, community, as intoxicating antidotes to the mass anonymity and depersonalization of modern life. Twenty or thirty years later, the New Left, in its Port Huron Statement, lamented the corruption and degradation of such values as love, freedom, creativity...

Protests Against G7 Summit Finish With Citizen Manifesto

Thousands of pacifists, defenders of nature and critics of capitalism and its consequences began these Monday mobilizations rejecting the group meeting made up by Germany, Canada, the United States, France, Italy, Japan and the United Kingdom. With a symbolic act and a citizen manifesto, protests against the G7 summit end here rejecting the group held responsible for wars, climate change and inequalities. The G7 EZ platforms and Alternatives to G7, which have coordinated actions of more than a hundred organizations...

To Defeat Fascism, We Must Dismantle Capitalism

Henry A. Giroux’s book “The Terror of the Unforeseen” analyzes the conditions that have enabled and led to Donald Trump’s rule and the consequences of that rule, which have ushered in an authoritarian version of capitalism. Giroux provides a realistic analysis that holds out the hope that, through collective efforts, change is possible and democracy can be saved. There is an intellectual debate on whether or not the power wielded by the likes of Trump, Nigel Farage, Marine Le Pen, Viktor Orbán, Matteo Salvini, Geert Wilders, Heinz-Christian Strache, or Jörg Meuthen and Alexander Gauland constitutes fascism.

Disabled In A Capitalist Society

Since the major aim of capitalists is to see that maximum production can be extracted from labor, exploitation of workers becomes a key factor. Ordinary workers, thus, face constant harassment, humiliation, misery and burden of work. Disabled, in addition, face alienation and abuse both from the employers as well as society. The Merriam Webster Dictionary offers two definitions of disability. They are ‘ a physical or mental condition that limits a person’s movements,senses, or activities’ and ‘ a disadvantage or handicap imposed by law’. These two definitions seem at odds with each other and almost two different terms are being defined. In an effort to clear such controversy, a British organization, Union of the Physically Impaired Against Segregation (UPIAS) which was founded in 1970s put forward another perspective on disability.

Hong Kong Protests And The Shifting Global Power Dynamics

Protests have been escalating in Hong Kong this year with tens of thousands of people taking the streets and aggressive actions such as occupying the airport and attacking journalists. What started in April as opposition to an extradition law has erupted into a 'pro-democracy' and racist anti-China movement that is supported by the US corporate media and members of Congress. It has the markings of a color revolution. We speak with author and activist K. J. Noh about the protests - who is behind them and what they want - and about Hong Kong's relationship to China. He describes the ways that China differs from traditional western politics and development. As China rises, it is critical to understand these differences and how they impact the shifting global power dynamics.

Report Slams Proposals To Prolong Capitalism Using Trees And Green Profit Schemes

This report examines events and research publicized between 23 June and 4 July 2019 that discuss the mass-use of trees to enable the unsustainable lifestyles of the world’s top 1% in the face of looming ecological catastrophe: from trees genetically engineered to feed the “green” manufacture of energy, plastics and chemicals; the planting of trillions of trees to reduce global atmospheric carbon levels; and “reforms” to the economic system to allow future profit-making under the guise of biodiversity protection. The three events where these proposals were brought out were the International Union of Forest Research Organization’s 2019 Tree Biotechnology Conference 23-29 June at North Carolina State University in Raleigh, The Global Tree Restoration Potential, a new study published on 4 July in Science, and the launch of Business for Nature initiatives in China and Norway on 2 July.

Militarized Fossil Capitalism Is The Problem; There Are Solutions

"The Earth Is Not For Sale." That is the title of David Schwartzman's new book, written with his son Peter. Both are environmental scientists who have worked on climate change issues for a long time. Schwartzman says the problem is that right now the earth is for sale and it shouldn't be. He discusses what he calls "militarized fossil capitalism," and  explains why it is a fundamental problem driving the climate crisis. Schwartzman outlines the possible scenarios for the future, what needs to be done to have a chance for a positive outcome (he believes that is still possible) and how we get there. We also cover recent news and actions.

Death At Howard Industries Of Laurel, Mississippi, A Company Showered By Media Love And Political Largesse Despite Its Horrible Record

Controversy still hangs over Howard Industries in Laurel, Mississippi, as the federal Occupational Safety and Health Administration continues its investigation into the March 15 death of a 36-year veteran worker at the company. Sixty-three-year-old Larry Moffett died as a result of what the company called a “crush incident” when a heavy piece of equipment fell on him. Details are sketchy beyond that point, but Moffett was a tank regulator and leak tester and only two years away from retirement. In a subsequent blog post on the incident, the Grossman Law Offices in Dallas, Texas...
assetto corsa mods

Urgent End Of Year Fundraising Campaign

Online donations are back! Keep independent media alive. 

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.

Urgent End Of Year Fundraising Campaign

Online donations are back! 

Keep independent media alive. 

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.

Sign Up To Our Daily Digest

Independent media outlets are being suppressed and dropped by corporations like Google, Facebook and Twitter. Sign up for our daily email digest before it’s too late so you don’t miss the latest movement news.