Capitalism

Zimbabwe: Cyclone Idai, Sanctions And Capitalism

April 6, 2019 Mafa Kwanisai Mafa, Socialistorganizer.com Educate! Capitalism, Natural Disasters, Zimbabwe

About a month ago Zimbabwe, Malawi and Mozambique were devastated by a tropical cyclone that was described by the United Nations as one of the worst disasters ever to strike the Southern Hemisphere. Approximately 2.6 million people were affected in the three countries. Cyclone Idai hit the Mozambican port city of Beira with winds up to 170km/ph. It then proceeded inland into Zimbabwe and Malawi, flattening buildings and taking more than 1,000 people, with many others unaccounted for across the three countries. Torrential rainfall washed away road networks in Zimbabwe.

Haiti At The Crossroads

April 4, 2019 Greg Beckett, Nacla.org Educate! Capitalism, Class Struggle, Haiti, Protests

Today’s protests represent a larger crisis of faith, not just with the current government, but also with the neoliberal state and perhaps even democracy itself. In recent weeks, anti-government and anti-corruption protesters have taken to the streets in Haiti. Since February 7, they have held daily marches and erected roadblocks and barricades throughout the country, all part of what some have called “Operation Lockdown.” This is not the first time Haiti has undergone debilitating protests in response to government corruption allegations and economic crisis...

Financial Press: Boeing Should Charge Passengers Extra Not To Crash

April 4, 2019 Alan Macleod, Mintpressnews.com Educate! Airlines, Boeing, Capitalism, Profit

CHICAGO — The Boeing Corporation is again under intense scrutiny, as news broke of a Southwest Airlines 737 Max 8 aircraft travelling, without passengers, from Orlando, FL to Victorville, CA that was forced into an emergency landing after an engine failure. All 376 of the aerospace giant’s 737 Max 8 aircraft are currently grounded after two crashes — Lion Air Flight 610 in October and Ethiopian Airlines Flight 302 in March — killed all 346 souls on board, leading to a public outcry and an investigation expected to be released imminently. A contributing cause of the crashes is widely reported to be the lack of sensors and other safety features that Boeing sells as pricey optional upgrades...

EarthRx: The Irish Potato Famine Was Caused By Capitalism, Not A Fungus

March 27, 2019 By Ocean Malandra, Pastemagazine.com Educate! Capitalism, Famine, Food and Agriculture, Ireland

Put on the U2 and The Cranberries and let’s down some green brew folks, it’s that time of year again. But while St. Patrick’s Day is cause to celebrate everything Irish-American, it’s also a good time to ponder just why more than a million Irish were forced to leave Ireland while another million were dying of starvation in such a short period of time in the first place. The answer, which also explains why millions of children are currently going without enough food in the U.S., has much more to do with market systems than Mother Nature.

Maduro Meets U.S. Anti-War Delegation, Says, ‘Humanity’s Battle Is Between Socialism And Capitalism’

March 20, 2019 Staff, Workers.org Resist! Capitalism, Revisionism, Socialism, Venezuela

The U.S. Peace Council delegates, Comité de Solidaridad Internacional Venezuela (COSI) and President Maduro met to discuss strengthening cooperation and communication. Suggestions were for sending more delegations to Venezuela and more social media exchanges. When Maduro heard from Sarah Martin that there was a demonstration for Venezuela in Minneapolis happening that day, he immediately sent a twitter message to them. The Venezuelans are very supportive of the upcoming action on March 30 in support of the Bolivarian Revolution in Washington, D.C.

The Global Economy Is A Time Bomb Waiting To Explode

March 18, 2019 Marshall Auerback, Independentmediainstitute.org Educate! Banking and Finance, Capitalism, New Economy

In the aftermath of the greatest financial calamity since the Great Depression, then–chief of staff for the Obama administration Rahm Emanuel made the call for aggressive action to prevent a recurrence of the meltdown of 2008. Although the U.S. government’s system of checks and balances typically produces incremental reform, Emanuel suggested that during times of financial upheaval, the traditional levers of powers are often scrambled, thereby creating unique conditions whereby legislators could be pushed in the direction of more radical reform.

Iran: Class Struggle And Neo-Liberal Capital Accumulation

March 11, 2019 By Minna Langeberg, Links.org.au Educate! Capitalism, Class Struggle, Iran

February 25, 2019 — Links International Journal of Socialist Renewal — Recent months have seen protests throughout Iran, by teachers, nurses, labourers, retirees, oil industry workers, bazaar traders and shopkeepers, truck drivers, farmers, the unemployed, students, and many more. The current wave of protests across the country is a continuation of those of December 2017- January 2018 that were brutally suppressed by the regime. Like the 2017-18 protests, they signal the deep crisis of legitimacy of the regime, as expressed by one of the most enduring slogans that emerged from those protests: 'Fundamentalists, Reformists, the game is over'. The main slogan of current protests is 'Bread. Work. Freedom'.

Immigrants Aren’t The Emergency

February 21, 2019 By Sarah Schulz, Otherwords.org Educate! Capitalism, Immigrants, Racism, Trump Administration

Midland, Michigan, where my husband and I are raising our two young children, is a small town surrounded by rural communities. Many of us living here have seen, generation-by-generation, that we’re falling behind. Our anxiety is real, but we wholeheartedly reject attempts by those in power to blame immigrant families who have their own struggles, or to suggest that a made up “national emergency” is any kind of solution. We know better. One of my friends and her husband both work full time and each have separate health insurance through their jobs — but their three children aren’t insured.

Capitalism’s Ownership Of Global Warming

February 16, 2019 Robert Hunziker, Counterpunch.org Educate! Capitalism, Climate Change

Capitalism not only owns global warming, there’s a big red mitigation arrow pointed at the heart of today’s rampant capitalism, which is eerily similar to the loosie goosie version of the Roaring Twenties, but with a high tech twist. After all, somebody’s got to pony-up for climate change/global warming mitigation. Who better than deep pocket capitalists? For historical perspective: Today’s brand of capitalism runs circles around the Eisenhower 1950s with its 90% top marginal tax rate amidst harmony and good feelings all across the land, an age of innocence aka Leave It To Beaver.

The North-South Struggle Is A Class Struggle: Venezuela Is The Latest Example

February 12, 2019 Harry Targ, Heartlandradical.blogspot.com Educate! Capitalism, Class Struggle, Venezuela

“The history of all hitherto existing society is the history of class struggles,” Marx and Engels proclaimed in The Communist Manifesto. All of their work was designed to elaborate on the meaning of this one sentence. Under capitalism, one class, the capitalists, own and/or control the means of production and the other class, the workers, produce goods and services that maintain the conditions for human survival. What workers produce becomes commodities for sale in the marketplace. And the capitalists then appropriate the lion’s share of the value produced by workers.

Disaster Capitalism In Brazil: Mining Greed Produces A Horrific Death Toll

February 6, 2019 By Vijay Prashad, Independentmediainstitute.org/globetrotter Educate! Brazil, Capitalism, Exploitation, Mining

On January 25, 2019, a dam burst in the town of Brumadinho, north of Rio de Janeiro, Brazil. The dam was built by the iron-ore company Vale to store residue after the iron ore had been extracted. Once the dam began to crumble, it did not take long for its 13 million cubic meters of iron waste to sweep down onto the workers and into their town. Approximately 300 people have been killed in this disaster. Many more have been injured. Within four hours of the breach, the sludge had swept down into the Paraopeba River, threatening to pollute the entire region’s water.

Antidotes To Brutal Capitalism? Some Hidden In Plain Sight

February 4, 2019 By Frances Moore Lappé, Smirkingchimp.com Create! Capitalism, Employee Ownership, Revisionism

In our capitalist economy, business enterprise is controlled by capitalists, of course, and structured to bring highest return to shareholders. We’re all supposed to love this set-up because competition among companies gives us ever cooler products and always better deals. Right? But, wait a minute…where is the competition? Over just the last 15 years, mergers have proliferated so quickly that in twelve major industries just two companies now control more than half the market. Economists warn us this level of concentration kills competition — not to mention bringing with it an erosion of wages, as monopoly weakens competition for workers too.

The Problem Isn’t Robots Taking Our Jobs. It’s Oligarchs Taking Our Power

January 30, 2019 Adam Simpson, Thenextsystem.org Educate! Capitalism, Class Struggle, Ruling Class

The presumed aspirant tech moguls of the automation age acknowledge that your current, barely-making-ends-meet job is going to get squeezed, shortchanged, or wiped out altogether by a robot or an algorithm. But go back to school (and take on some student debt) and get training in a new skill, and you will not only be able to weather the change but you’ll make even more money. This prescription will only work, however, if workers refuse to question the paradigms that preserve the wealthy’s control of the game, and they coded it so they will always ultimately win.

The World To Come

January 30, 2019 By Chris Hedges, Truthdig.com Educate! Capitalism, Class Struggle, Ideology

The ruling elites are painfully aware that the foundations of American power are rotting. The outsourcing of manufacturing in the United States and the plunging of over half the population into poverty will, they know, not be reversed. The self-destructive government shutdown has been only one of numerous assaults on the efficiency of the administrative state. The failing roads, bridges and public transportation are making commerce and communications more difficult. The soaring government deficit, now almost a trillion dollars thanks to the Trump administration’s massive corporate tax cuts, cannot be eliminated.

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