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Capitalism

How Capitalism Has Screwed Women Over

It’s been one year since the explosion of the Me Too movement that followed allegations against Harvey Weinstein. Since then, the #metoo hashtag has been used around 19 million times to expose and discuss workplace sexual harassment. Women are raising their voices. The struggle is multifaceted, but at its heart, women want economic and political equality with men. They also are increasingly questioning capitalism, the system that has allowed and maintained their subordination. To understand how women have been systematically denied so much of what capitalism has provided to their male peers, we need to go back to a pre-capitalist age.

What Can Be Done To Stop Amazon From Devouring Everything?

There are many, many reasons to want to avoid making purchases from Amazon. The company is owned by an anti-union zealot, is largely responsible for the death of brick and mortar stores by selling products at a loss to undercut them, abuses its white-collar employees while outsourcing its blue-collar ones to unaccountable subcontractors, evades collecting sales taxes on its third-party vendors, and has built unprecedented secret databases on you and your shopping habits. (It’s unclear as yet how much Amazon’s just-announced $15-an-hour minimum wage will ease the pain of toiling in its warehouses.) And that's without even getting into Bezos's attempts to extort several billion dollars in taxpayer subsidies from whichever city he picks to host his new second headquarters...

Fascism Is Real, But The “Resistance” Is Mostly Fake

With last weekend’s election of Jair Bolsonaro in Brazil, white men’s parties now lead governments that preside over the two largest concentrations of Black people outside Africa. Both Bolsonaro and Donald Trump are widely described as fascists -- which is correct. But it does not follow that everyone who calls such men “fascists” is a friend of Black and other oppressed people and, therefore, worthy allies in a “united front” of “resistance.” Who are the fascists, and where do they come from? More precisely, what are they defending? It is generally understood among the Left that fascists are the political products of capitalism in crisis, reactionaries that promise to restore order by purging the society of unwanted peoples and ideologies.

Fascists Are Good For Stocks

Investors are looking forward to the inauguration of the terrifying fascist Jair Bolsonaro as president of Brazil on January 1. And they look to dreading the inauguration of the moderate social democrat Andrés Manuel López Obrador (aka AMLO) as president of Mexico on December 1. Graphed below are indexes representing the two countries’ stock markets—or, more specifically, shares traded on the New York Stock Exchange designed to mimic those indexes. (The history of the Mexico index is here; of Brazil, here.) The top graph is a long-term view. It shows that the two countries’ stock markets moved pretty much together from the indexes’ inception through 2011. They parted ways in 2011, as Brazil drifted into a profound economic and political crisis.

69 Of The Richest 100 Entities On The Planet Are Corporations, Not Governments

Top corporations continue to accrue revenues far in excess of most governments, figures compiled by Global Justice Now show. Comparing 2017 revenues, 69 of the top 100 economic entities are corporations rather than governments. The top 10 corporations – a list which includes Walmart, Toyota and Shell as well as several Chinese corporations – raked in over $3 trillion last year. When it comes to the top 200 entities, the gap between corporations and governments gets even more pronounced: 157 are corporations. Walmart, Apple and Shell all accrued more wealth than even fairly rich countries like Russia, Belgium, Sweden.

Another Financial Earthquake In The Making

The key issue to emerge from the semiannual meeting of the International Monetary Fund (IMF) held in Bali, Indonesia last week is that 10 years out from the 2008 global financial crisis the conditions have been created for another economic and financial disaster. And those in charge of the global economy have no means of preventing it, not least because the very policies they have carried out over the past decade have helped prepare it. It was somewhat symbolic that the meeting took place in the immediate aftermath of the devastating earthquake and tsunami on the Indonesian island of Sulawesi, which again underscored the extent to which the record growth of social inequality, accelerating after 2008...

Meet Ten Corporate Giants Helping Israel Massacre Gaza Protesters

NEW YORK — As Israeli soldiers gun down unarmed Palestinian demonstrators in the Great March of Return, their lethal operations depend on an array of contractors and suppliers, many of them companies based outside Israel. “The Israeli military relies on a network of international companies, supplying everything from sniper rifles to tear gas, to carry out its massacres of protesters in Gaza,” Tom Anderson, a researcher for Corporate Occupation, told MintPress News. “These companies are knowingly supporting war crimes, and are complicit in state-orchestrated murder.” Since the mobilization began on March 30, Israeli forces have killed 205 Palestinians in the Gaza Strip, the United Nations’ Office for the Coordination of Humanitarian Affairs in the Occupied Palestinian Territory reported on October 4.

The Contradictions Of Being Pro-Capitalist And Anti-War

In his lesser known novel, A Small Town in Germany, John Le Carré skewers the diplomatic class in the old West German capital of Bonn. An investigator sent to the drizzly town on the banks of the Rhine discovers a fog of misdirection as he tries to track down a fled spy. At one point, comfortably resigned to his frustration, a glib diplomat tells the investigator, himself at wit’s end, unable to capitalize on an array of clues, “There’s always something; there’s never enough.” This is largely the story of the socialist “opportunists” that the Russian Bolsheviks themselves skewered in the revolutionary and blood-scented atmosphere of World War One Europe. As Vladimir Lenin argues in Imperialism...

A Global People’s Bailout For The Coming Crash

A full decade since the great crash of 2008, many progressive thinkers have recently reflected on the consequences of that fateful day when the investment bank Lehman Brothers collapsed, foreshadowing the worst international financial crisis of the post-war period. What seems obvious to everyone is that lessons have not been learnt, the financial sector is now larger and more dominant than ever, and an even greater crisis is set to happen anytime soon. But the real question is when it strikes, what are the chances of achieving a bailout for ordinary people and the planet this time? In the aftermath of the last global financial meltdown, there was a constant stream of analysis about its proximate causes.

Think From The Heart: Mexico’s Indigenous Congress

Dispatches from Resistant Mexico is a series of short documentaries from southern Mexico, each depicting one of the thousands of pockets of resistance throughout Latin America that are in struggle against what the Zapatistas call “the capitalist hydra”. These individuals and communities affirm a way life in opposition to capitalist economics and values. They fight the devastating neoliberal “development” and “mega-projects” that loot resources and land from indigenous communities and threaten forms of life that have survived despite 500 years of colonization. The resistance shares many of the principles and goals of the Zapatistas: autonomy from the capitalist economy, communalist self-government rooted in indigenous collective traditions, an end to the subordination of women and a respectful, life-affirming, non-dominating relation to nature.

‘Great Depression’ Ahead? IMF Sounds Dire Warning

Is another “Great Depression” on the horizon? It would be easier to dismiss these words from Nouriel Roubini, Marc Faber or other doom-and-gloom prognosticators. Coming from Christine Lagarde’s team, though, they take on a new dimension of scary. The International Monetary Fund head isn’t known for breathlessness on the world stage. And yet the IMF sounded downright alarmist in its latest Global Financial Stability report, stating that “large challenges loom for the global economy to prevent a second Great Depression.” Even some market bears were taken aback. “Why,” asks Michael Snyder of The Economic Collapse Blog would the IMF use this phrase “in a report that they know the entire world will read?”

From Appalachia To Germany: Anti-Capitalist Trees, People Power & Systemic Corruption

On the front lines of the fight against dirty energy – worldwide. First up, some great news from West Virginia and Virginia – taking time to celebrate these victories while taking a look at the corrupted agencies playing into the hands of big oil and gas. Next, a powerful weekend in the Hambach Forest of Germany – where the fight against the world's dirtiest fossil fuel continues on a large and creative scale.

How Disaster Capitalism Has Ruined Puerto Rico

Amnesty International’s Secretary General Kumi Naidoo was recently in Puerto Rico. During his trip, Naidoo looked carefully at the aftermath of Hurricane Maria—the Category 4 hurricane in 2017 that tore through the Caribbean. No island in its path was spared, with Dominica’s Prime Minister Roosevelt Skerrit rightly calling the damage “mindboggling.” Puerto Rico, a part of the United States of America, was struck hard, but not much harder than the other islands. Yet, the relief, rehabilitation and recovery on this island have been slow—paralytically slow. Naidoo’s visit to Puerto Rico comes a year after Hurricane Maria and yet, as he wrote, “it is shocking that so many people are forced to live in such a precarious situation; even worse when they are part of one of the richest nations in the world.”

Amazon Must Address Safety Concerns, Says National COSH

BOSTON – Amazon, the retail giant which announced this week an across-the-board wage increase to $15 an hour for all employees, must also pay “urgent attention” to workplace safety issues, says the National Council for Occupational Safety and Health (National COSH). “Amazon workers desperately need a real pay increase,” said Marcy Goldstein Gelb, co-executive director of National COSH, nationwide training and advocacy organization for workers and families. “But a pay increase is worth a lot more if you come home in one piece at the end of your shift.” In April 2018, Amazon was identified as a “Dirty Dozen” company in a widely-cited National COSH report, which documented seven deaths at the company’s warehouses since 2013.

The Root Of The Internet’s Disrepute: Online Advertising!

In all the mounting media coverage of problems with the Internet, such as invasion of privacy, vulnerability to hacking, political manipulation, and user addiction, there is one constant: online advertising. Online advertising is the lifeblood of Google, Facebook, and many other Internet enterprises that profit by providing personal data to various vendors. Moreover, the move of tens of billions of dollars from conventional print and broadcast media continues, with devastating impacts, especially on print newspapers and magazines. But does online advertising work for consumers? The Internet was once considered a less commercial medium. But today consumers are inundated with targeted ads, reviews, comments, friends’ reactions, and other digital data. 
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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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