Capitalism

Markets In The Next System

February 17, 2016 Jesse A. Myerson, www.thenextsystem.org Create! Capitalism, Economics, History, Market

By Jesse A. Myerson for The Next System Project - In her seminal work “The Origin of Capitalism,” the late scholar Ellen Meiksins Wood took on the credo that “capitalism emerged when the market was liberated from age-old constraints and when, for one reason or another, opportunities for trade expanded.” Schoolchildren in the US are commonly taught to conceive of the broad variety of political-economic systems, both those extant and those possible, as divisible into two essential and opposing categories: “markets” and “planning.”

Mumia: Water & Other Capitalist Crimes Against The Poor

February 15, 2016 Mumia Abu-Jamal, www.counterpunch.org Educate! Capitalism, Poor people, Water

By Mumia Abu-Jamal for Counter Punch - The adage that there are different systems of justice for rich and poor, Black and white, is horrifically confirmed in Flint, Michigan, where the white supremacist, capitalist state poisoned a majority Black and poor population. Yet, in U.S. society there is no punishment to fit such a crime. “In Michigan’s prisons, there ain’t a single prisoner who committed a more vicious crime than the Governor of that state.” “The state’s emergency manager created an emergency.”

2016 Empty Shelves, Store Closings Across America

February 3, 2016 Michael Snyder, www.endoftheamericandream.com Educate! Capitalism, Consumerism, United States

By Michael Snyder for End Of The American Dream - Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale.

Sedition, Subversion, Sabotage: A Long-War Strategy For The Left

January 31, 2016 William T. Hathaway, www.popularresistance.org Strategize! Capitalism, Plutocracy, Resistance

By William T. Hathaway for Popular Resistance. As the viciousness of capitalism engulfs ever more of us, our yearnings for change are approaching desperation. The system's current leader, Barack Obama, has shown us that the only change we can believe in is what we ourselves create. To do that, we need to know what is possible in our times and what isn't. The bitter probability is that none of us will see a society in which we'd actually want to live. Even the youngest of us will most likely have to endure an increasingly unpleasant form of capitalism. Despite its recurring crises, this system is still too strong, too adaptable, and has too many supporters in all classes for it to be overthrown any time soon. We're probably not going to be the ones to create a new society.

Research: Rise Of The Global Imperial Plutocracy

January 26, 2016 Sean Mcelwee, www.salon.com Educate! Capitalism, Democracy, Plutocracy, Ruling Class

By Sean Mcelwee for Salon - Since the beginnings of democracy, debate has raged as to how responsive politicians are to their constituents. Though such debates stretch back centuries, only recently have academics gotten the ability to use data to test how well legislatures represent the people they ostensibly serve. So far, the evidence hasn’t been kind, with two leading academics arguing recently that, “the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.”

A Proposal For Economic And Political Transformation In Europe

January 22, 2016 Staff, www.transform-network.net Strategize! Capitalism, European Union (EU)

By Staff of Transform - This EuroMemorandum draws on discussions and papers presented at the 21st Workshop on Alternative Economic Policy in Europe, organised by the EuroMemo Group, from 24-26 September 2015 in Roskilde, Denmark. The EuroMemorandum 2016 critically analyses recent economic developments in Europe and emphasises the strong need for an alternative economic policy that is based on the principles of democratic participation, social justice and environmental sustainability.

Spain’s Deadlocked Parliament Reflects Crisis Of The Regime

January 19, 2016 Jorge Martín, www.marxist.com Resist! Capitalism, Europe, Government, Spain

By Jorge Martín for In Defense of Marxism - “I’d like Spain to get a stable government as soon as possible,” insisted president of the European Commission Jean-Claude Juncker, a few days ago. The reason why was explained by Eurogroup president Dijsselbloem: “Spain will have to present further adjustment.” European capital has already said that Spain’s budget is off-target and is demanding 10bn euro worth of additional cuts. However, forming the type of government the ruling class needs, is proving very difficult.

Dark Money Review: Nazi Oil, Koch Brothers And Rightwing Revolution

January 19, 2016 Charles Kaiser, www.theguardian.com Educate! Capitalism, Power, Ruling Class, Wealth

By Charles Kaiser for The Guardian - Lots of American industrialists have skeletons in the family closet. Charles and David Koch, however, are in a league of their own. The father of these famous rightwing billionaires was Fred Koch, who started his fortune with $500,000 received from Stalin for his assistance constructing 15 oil refineries in the Soviet Union in the 1930s. A couple of years later, his company, Winkler-Koch, helped the Nazis complete their third-largest oil refinery.

The Real Terrorists: The .01%

January 18, 2016 Paul Buchheit, www.nationofchange.org Educate! Capitalism, Ruling Class, Terrorism

By Paul Buchheit for Nation of Change - Wealth ownership is not contemptible if the owners of that wealth accept their responsibility to the society that makes their great fortunes possible. But instead of paying taxes, the wealthiest Americans have formed an “income defense industry” to shelter their riches, with, according to the New York Times, “a high-priced phalanx of lawyers, estate planners, lobbyists and anti-tax activists who exploit and defend a dizzying array of tax maneuvers, virtually none of them available to taxpayers of more modest means.”

Davos And Its Threat To Democracy

January 18, 2016 Nick Buxton, www.commondreams.org Educate! Capitalism, Ruling Class, Wealth, WEF

By Nick Buxton for Common Dreams - It’s an all-too-easy event to mock. It’s hard to keep a straight face when the world’s rich arrive annually in their private jets to the luxury ski-resort of Davos to express their deep concern about growing poverty, inequality and climate change. US comedian Jon Stewart has labelled the World Economic Forum (WEF) the ‘money oscars’ and lampooned the media’s giddy sycophantic coverage of the event; Bono, himself a regular at the summit, jokes that it is a summit of ‘fat cats in the snow’.

Newsletter: After The Crash…

January 9, 2016 Kevin Zeese and Margaret Flowers, www.PopularResistance.org Newsletter #BlackLivesMatter, Banks, Black Lives Matter (BLM), Capitalism, carbon free nuclear free, Climate Change, Community Banks, Credit Unions, Debt, Debt-Free Money, Democracy, Economic Democracy, Education, Eric Holder, Federal Reserve, Finance and the Economy, Foreclosures, Guaranteed basic income, Income, Income inequality, Infrastructure, Living Wage, Medicare, Medicare for all, Minimum Wage, Occupy Movement, Plutocracy, Poverty, Public Banking, Student Debt, TPP, Tuition, Unemployment

By Kevin Zeese and Margaret Flowers for Popular Resistance. The economic agenda described here would create a radical transformation of the economy from a top-down system designed for the wealthiest, to a botton-up system that creates a foundation for an economy that benefits all. Putting in place this economy would move us from a plutocratic economy to a democratized economy where people have economic control over their lives. It is a radical shift – how can it happen? There is only one path – the people must be educated, organized and mobilized to demand it. We need to change the political culture to one where the necessities of the people and protection of the planet are the priorities of the economy. If predictions are correct, the next economic collapse will deeper and more damaging than the 2008 collapse. It will be a tremendous opportunity to demand radical economic change. It is one the movement for economic, racial and environmental justice should be preparing for now.

A Message Of Hope For The New Year

January 6, 2016 Jack Balkwill, www.dissidentvoice.org Strategize! #BlackLiveMatter, Antarctica, Banks, Bolivia, BXE, Capitalism, China, Climate Change, Cooperatives, Democracy, Ecuador, Elections, Empire, Energy, Environment, Finance and the Economy, Greece, Kurds, Marijuana, Media, militarism, Occupy, Portugal, Russia, sHellNo!, Spain, TPP, Ukraine, Venezuela, Wall Street, Zapatistas

By Jack Balkwill for Dissident Voice. There have been many victories and we need to celebrate them. Among the victories was stopping the northern portion of the KXL pipeline, various new laws in 24 states to prevent police violence and an increase inprosecutions of police who commit violence, and the increase in wages across the country and winning the critically important battle for net neutrality. These were people-powered victories that showed when we act together we have the power to defeat corporate interests. Another ongoing series of victories is seeing local people, who have not been involved in activism, working along with experienced, often young, energy activists, taking on big energy companies in an aggressive way. This is a victory.

Co-Conspirators To Crime Of The Century: The Oil Industry Knew

December 28, 2015 Neela Banerjee, www.insideclimatenews.org Educate! Capitalism, Corporations, Oil

By Neela Banerjee for Inside Climate News - The American Petroleum Institute together with the nation's largest oil companies ran a task force to monitor and share climate research between 1979 and 1983, indicating that the oil industry, not just Exxon alone, was aware of its possible impact on the world's climate far earlier than previously known. The group's members included senior scientists and engineers from nearly every major U.S. and multinational oil and gas company, including Exxon, Mobil, Amoco, Phillips, Texaco, Shell, Sunoco, Sohio as well as Standard Oil of California and Gulf Oil, the predecessors to Chevron, according to internal documents obtained by InsideClimate News...

‘Uber Economy,’ Naked Capitalism Screwing American Workers

December 23, 2015 Steven Hill, www.kirkusreviews.com Educate! Capitalism, Workers Rights and Jobs

By Steven Hill for Kirkus - Despite the massive wealth and innovation flourishing throughout Silicon Valley, there’s also a major downside, writes the author. It lies in the premise of a “sharing economy,” in which participating businesses actively repurpose or outsource formerly full-time positions with project-to-project freelancers and independent contractors who earn reduced salaries with little or no benefits packages. Hill argues that this trend has irreparably damaged the American workforce, making it increasingly impermanent, disposable, and transient. The author writes of personally experiencing this trend himself after being laid off from full-time employment and then having to pay exorbitant health care premiums and payroll tax payments as a freelance writer.

Struggle For Economic Justice Between Global North & South

December 20, 2015 Harry Targ, www.heartlandradical.com Educate! Capitalism, Economic Justice, Imperialism, Venezuela

By Harry Targ for Diary of a Heartland Radical. In sum, theories of imperialism, hegemony, dependency need to be complemented by an understanding of the theory and practice of resistance. Mobilizations as varied as the thousands of groups attending the World Social Fora to the politics of the Bolivarian Revolution, to Arab Spring, to Occupy are all part of the story of the twenty-first century. However, narratives of imperialism and resistance must also be sensitive to “counter-resistance.” History does not move in a steady course. Conflict and struggle are experienced all along the way. And therefore theorists and advocates of twenty-first century socialism must be cognizant of and be prepared for counter-resistance and reversals in the progressive flow of history.

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