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Capitalism

How Working-Class Movements Are Moving Beyond The Confines Of Capitalism

Between the fall of 1999 and April of 2000, hundreds of thousands of factory workers, peasants, retirees, students, professionals, and everyday people took to the streets in Cochabamba, Bolivia, to fight the privatization of their water. A foreign-led consortium of private corporations had taken control of the city’s water supply, increasing water prices by as much as 300 percent. With the skills and experience of organized movements such as the Federation of Factory Workers, working people were able to defeat a multibillion-dollar corporation around a shared interest: the right to water. In the face of a well-organized global elite that has gutted the power of workplace organizing, Cochabamba shows us that organizing the working class around a common interest and moving beyond the confines of the workplace provides an opening to push for—and win—a future that centers people over profit.

Forget Billionaires: Let’s Build Our Own System To Fund The Transformation Of Society

“Gone to the Dogs,” Paul Higgins’ canine-friendly café in Carlisle, may seem an unlikely place to look for inspiration in transforming the ways we think about funding for social change. But through ‘pay-it-forward’ fundraising and ‘creative up-cycling’ to re-use resources, Higgins has made the café a center for community in which money builds connection instead of division - a radical reversal of the inequalities that lie at the heart of big philanthropy, foreign aid and government contracting.

Names And Locations Of The Top 100 People Killing The Planet

Just 100 companies are responsible for more than 70% of the world’s greenhouse gas emissions since 1988. The guys who run those companies – and they are mostly guys – have gotten rich on the backs of literally all life on Earth. Their business model relies on the destruction of the only home humanity has ever known. Meanwhile, we misdirect our outrage at our neighbors, friends, and family for using plastic straws or not recycling. If there is anyone who deserves the outrage of all 7.5 billion of us, it’s these 100 people right here. Combined, they control the majority of the world’s mineral rights...

Poor People’s Moral Budget: Everybody Has The Right To Live

In April 2018, the Poor People’s Campaign: A National Call for Moral Revival released a Moral Agenda and Declaration of Fundamental Rights. The demands contained within that document present a comprehensive response to the systemic racism, poverty, ecological devastation, militarism, and war economy plaguing our country today. For the 140 million people who are poor, or one emergency away from being poor, we know these demands are necessary. This Poor People’s Moral Budget asks, given the resources of our society, whether these demands are also possible.

Business School Graduates — Don’t Work For Billionaires

Congratulations, graduates, on your hard work over the last several years. By now, though, you’re surely feeling pressure about your next steps. You may have debt, parents that made big sacrifices, or well-off families that expect you to live like them. You may feel pressure to take a job that promises status or mobility — and not to mention a paycheck. Harvard Business school grads, for instance, are now landing jobs with starting pay of over $160,000. Even so, you’ll no doubt weigh ethical considerations as you make career choices.

This May Feel Like The 1930s, But History Doesn’t Have To Repeat Itself

In the 1930s, capitalism needed a ‘Plan B’. Faced with mass disaffection after the financial crash of 1929, and a growing communist movement which threatened to nationalise property and expropriate profits, capital faced an unprecedented, existential crisis. Fascism provided the escape route. Sure, some of the individual ‘strongmen’ of fascism might be crude, distasteful and erratic. But on the positive side, many leaders of finance and industry reasoned, at least they carried with them the power to crush resistance and put the state at the service of their economic interests.

Greta’s Very Corporate Children’s Crusade

Greta Thunberg is just an ordinary 16-year-old Swedish schoolgirl whose fiery visions have convinced the parliaments of Britain and Ireland to declare a “climate emergency”. Greta’s parents, actor Svante Thunberg and opera singer Malena Ernman, are just an ordinary pair of parent-managers who want to save the planet. Query their motives, and you risk being accused of “climate denial”, or of bullying a vulnerable child with Asperger’s. But the Greta phenomenon has also involved green lobbyists, PR hustlers, eco-academics, and a think-tank founded by a wealthy ex-minister in Sweden’s Social Democratic government with links to the country’s energy companies.

Unchecked Corporate Power

One year ago, in Epic Systems v. Lewis, the Supreme Court ruled that employers can use forced arbitration clauses that strip workers of their right to join together in court to fight wage theft, discrimination, or harassment. Unchecked Corporate Power, a new report from the Center for Popular Democracy (CPD) and the Economic Policy Institute (EPI) forecasts that by 2024, more than 80 percent of private-sector, nonunion workers will be covered by forced arbitration clauses.

U.S. Stocks Have Fallen For 5 Weeks In A Row – That Is The Worst Stock Market Streak In Almost 8 Years

We haven’t seen stock prices slide like this in a long time, and if this keeps up we could soon be looking at an avalanche.  Our rapidly escalating trade war with China and more bad U.S. economic numbers pushed stocks down once again this week, and at this point the Dow Industrial Average has now fallen for five weeks in a row.  We haven’t seen a losing streak this long since June 2011, and it is yet another indication that we have reached a major turning point.  Some positive comments about China from President Trump on Friday helped to lift stocks a little...

Understanding NATO, Ending War

So, given the ongoing military threats – with an expanding range of horrific weapons (including, to nominate just two, ‘more usable’ low yield nuclear weapons and technologies on ‘weather warfare’ offered by the military/nuclear corporate war planners) that threaten previously unimagined outcomes – and interventions by a US-led NATO, with Venezuela and now Iran the latest countries to be directly threatened – see ‘“Dangerous game”: US, Europe and the “betrayal” of Iran’ – as well as a gathering consensus among peace activists and scholars of the importance of stopping NATO (particularly given the many opportunities, beginning with aborting its origin, that have been missed already as explained by Professor Peter Kuznick: see ‘“Obscene” Bipartisan Applause for NATO in Congress’) how do we actually stop NATO?

Strikes By US Workers Outpacing Rate In 2018

With new strikes this month by hospital workers in Toledo, Ohio; teachers in Oregon, Tennessee and North and South Carolina; and international strikes and protests by Uber and Lyft drivers, the number of major work stoppages in the United States is on pace to surpass last year’s total. After the US unions reduced strike action to historically low levels in the nine years following the 2008 financial crash, American workers were involved in 20 major work stoppages in 2018, involving a total of 485,000 workers, the highest number since 1986. The growth of class conflict in the US was part of a marked resurgence of strikes around the world as workers rebelled against a decade of falling real wages...

SC Regulators Slap Down Duke Energy Rate Increase, Call Executives ‘Tone Deaf’

State utility regulators on Wednesday reduced a proposed rate increase that would have affected 591,000 Duke Energy customers in the Upstate, and called executives of the energy company "tone deaf" for the proposal. Duke Energy requested last year to increase its Residential Basic Facilities Rate charge from $8.29 to $28, a spike that annually would've resulted in $236.52 more per customer in energy costs.The company later agreed to lower the charge to either $11.70 or $13.09.  The Public Service Commission is expected to announce a final decision on the rate increase in coming weeks.

The Social And Solidarity Economy Is A Workable Alternative To Capitalism

The social and solidarity economy (SSE) is an economic phenomenon in the full throes of expansion throughout the European Union, as well as other parts of the world. This is no doubt partly the result of the 2008 economic and financial crisis and the prolonged post-crisis period, which – despite the economic recovery in macro-economic terms – has, over the last ten years, led to ever-growing inequalities, precarious employment and cutbacks in basic public services in ‘welfare societies’.

Symbiosis Is Different: Why This Revolutionary Network Could Change Anti-Capitalist Politics

Sure, but all radical groups say that the system is the problem, right? So when Symbiosis – a coalition of grassroots organizations stretching from Jackson, Mississippi to Oaxaca, Mexico, and from Portland Oregon to Burlington, Vermont – declared its opening public statement last month, announcing that it would hold its congress on September 18-22 in Detroit, you might have had to dig a little deeper to understand why Symbiosis is different. And why identifying the “system” as the problem is more important than we’ve been lulled into from realizing.

Busting The Myths About NATO; Why NATO’s Got To Go

On April 4, 2019, North Atlantic Treaty Organization (NATO) foreign ministers met in Washington, DC to celebrate its 70th anniversary. While both parties in Congress applauded NATO, peace and justice activists held a week of action in protest, disrupting meetings, shutting down an entrance to the State Department and taking the streets. Activists are trying to expose the truth about NATO as an institution founded to prevent the rise of left movements, protect capitalism and provide cover for illegal wars. We speak with Yves Engler, a Montreal-based author and activist, about the history of NATO and why it's time to abolish it.
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