Capitalism

Newsletter: The Revolution Of Values

September 27, 2015 Kevin Zeese and Margaret Flowers, www.popularresistance.org Newsletter Capitalism, climate crisis, Colonialism, Immigrant Rights, Indigenous Rights, Pope, Poverty, Religion, Wars and Militarism, Women's Rights

By Kevin Zeese and Margaret Flowers. Pope Francis built his speech to Congress around three activists and President Lincoln. The three activists were the Rev. Dr. Martin Luther King, Jr., Dorothy Day and Thomas Merton. This shows the pope recognizes where change comes from. While the pope is imperfect in his call for justice, he has certainly moved conversations on a range of issues forward unlike previous popes. There is a moral imperative to our activism as we must act in the face of injustice. Values are not defined only by religious leaders but by each of us. José Mujica, the Former President Of Uruguay began his political life as a guerilla fighter against dictatorship. In an interview he describes what makes us human. He talks about understanding the suffering of others, responding to their injustice and living humbly so all can live decently.

Disaster Capitalism: Outsourcing Violence And Exploitation

September 27, 2015 Robert J. Burrowes, www.popularresistance.org Educate! Book Review, Capitalism, Corporatism, Democracy, Neoliberalism

By Robert J. Burrowes. In his just-released book, 'Disaster Capitalism: Making a Killing out of Catastrophe', Antony Loewenstein offers us a superb description of the diminishing power of national governments and international organisations to exercise power in the modern world as multinational corporations consolidate their control over the political and economic life of the planet. While ostensibly a book about how national governments increasingly abrogate their duty to provide 'public' services to their domestic constituencies by paying corporations to provide a privatized version of the same service – which is invariably inferior and exploitative, and often explicitly violent as well – the book's subtext is easy to read: in order to maximize corporate profits, major corporations are engaged in a struggle to wrest all power from ordinary people and those institutions that supposedly represent them.

The Pope ‘A Poor Church For The Poor’

September 27, 2015 Jon Rappoport, www.jonrappoport.wordpress.com Educate! Capitalism, pedophiles, Pope, Poverty

By Jon Rappoport. In his first statement to the press after his election as Pope, Francis said: “This is what I want, a poor church for the poor.” And a jet and an entourage and massive security, as he wings his way to bring that message of poverty to the masses. I wonder how the message would be received in America’s inner cities. The Pope’s recipe for change, if there is to be any change at all, seems to fall under the category of “income redistribution.” Apparently, carbon taxes and cap and trade would fit the redistribution agenda. Forget the fact that a carbon monarchy would drastically reduce available energy in the Third World. But don’t worry, poverty is good. Embrace it.

Truthdiggers: All Who Piled On Martin Shkreli

September 27, 2015 Alexander Reed Kelly, www.truthdig.com Resist! Big Pharma, Capitalism, health, Health Care

By Alexander Reed Kelly in Truthdig. New York, NY - When Martin Shkreli, a 32-year-old pharmaceutical CEO, raised the price of a 62-year-old drug acquired by his company from $13.50 to $750 per tablet, the medical industry and the public exploded in outrage. The former hedge fund manager’s decision threatened to increase the annual cost of treatment for rare, life-threatening parasitic infections sometimes contracted by AIDS and cancer patients to, in some instances, hundreds of thousands of dollars, a change that would drive most patients into deep debt and even bankruptcy. A New York Times article quoted a joint letter to Shkreli’s company, Turing Pharmaceuticals, by the Infectious Diseases Society of America and the HIV Medicine Association that called the price increase for Daraprim “unjustifiable for the medically vulnerable patient population” and “unsustainable for the health care system.”

Why Is College So Expensive if Professors Are Paid So Little?

September 25, 2015 Michelle Chen, www.truth-out.org Educate! Capitalism, Debt, Education, Worker Rights and Jobs

By Michelle Chen in Truth Out - According to a study by the Campaign for the Future of Education (CFHE), overreliance on precariously employed faculty is devaluing higher education for teachers and students alike. Faculty activists acknowledge the consumer concerns about higher education's value today, including poor completion rates, but link these to a cycle of underinvestment on the teaching side: The "churning of the faculty workforce…low salaries and over-reliance on part-time appointments" erode the quality and attentiveness of instruction, with long-term impacts on public institutions that have historically served the most challenged populations - the poor, people of color and first-generation college students. And as disinvestment and declining academic outcomesdeepen, the overall institutional integrity of higher- education systems erodes.

Student Loan Crisis Driven By For-Profit Colleges, Report Shows

September 21, 2015 Dan Wright, www.shadowproof.com Educate! Capitalism, Education, Student Debt, University

By Dan Wright in Shadow Proof - A new report [PDF] by the Brookings Institution claims the recent increases in student loan defaults are tied to an increased use of for-profit colleges. Through researching information from the Treasury Department and other sources, Brookings found that “most of the increase in default is because of an upsurge in the number of borrowers attending for-profit schools and, to a lesser-extent, community colleges and other non-selective institutions whose students had historically composed only a small share of student borrowing.” During the Great Recession brought on by Wall Street’s fraudulent activity in the mortgage market, many Americans went back to school in hopes of gaining skills to improve their financial position.

Turning Pennies Into Billion$: The Tiny Tax Wall Street Fears

September 19, 2015 Matt Stannard, www.occupy.com Educate! Capitalism, Finance and the Economy, Taxes, Urban

By Matt Stannard in Occupy - A financial transaction tax (FTT) is a tiny charge placed on financial (rather than consumer) transactions. It can range from a dime to fifty cents per $1,000 exchanged. Many countries have particular transaction taxes – Peru for foreign wire transfers, Finland for Finnish securities and derivatives, France for stock purchases of publicly traded French companies with a market value over €1 billion. Brazil used to have a financial transaction tax, then it didn’t, and now it wants one again. Supporters of an FTT in the U.S. have been pushing the plan for years, though it’s not as alluring, loud or radical-sounding as public banks or worker-owned cooperatives. Experts on the tax tell me that global cooperation will make it work even better (money travels easily) and that we can start it anywhere – particularly in cities where financial trading is concentrated, like New York and Chicago.

UN Plan Is ‘Fig Leaf’ For Big Business, Insiders

September 11, 2015 Nafeez Ahmed, www.medium.com Educate! Capitalism, Climate Change, United Nations

By Nafeez Ahmed in Medium - At the end of this month, the UN will launch its new 2030 Sustainable Development agenda for “people, planet and prosperity” in New York, where it will be formally adopted by over 150 world leaders. The culmination of years of consultations between governments, communities and businesses all over the world, there is no doubt that the agenda’s 17 Sustainable Development Goals (SDGs) offer an unprecedented vision of the interdependence of global social, economic and environmental issues. But records from the SDG process reveal that insiders at the heart of the UN’s intergovernment engagement negotiations have criticised the international body for pandering to the interests of big business and ignoring recommendations from grassroots stakeholders representing the world’s poor.

The Evidence Keeps Pouring In: Capitalism Just Isn’t Working

September 4, 2015 Paul Buchheit, www.nationofchange.org Educate! Capitalism

By Paul Buchheit in Nation Of Change - To followers of Ayn Rand and Ronald Reagan, and to all the business people who despise government, ‘community’ is a form of ‘communism.’ Even taking the train is too communal for them. Americans have been led to believe that only individuals matter, that every person should fend for him/herself, that “winner-take-all” is the ultimate goal, and that the winners have no responsibility to others. To the capitalist, everything is a potential market. Education, health care, even the right to water. But with every market failure it becomes more clear that basic human rights can’t be bought and sold like cars and cell phones. The pursuit of profit, when essential needs are part of the product, means that not everyone will be able to pay the price. Some will be denied those essential needs.

BDS: Victory As Veolia Sells Off Israeli Operations

September 3, 2015 Palestinian BDS National Committee, www.bdsmovement.net Resist! BDS, Capitalism, Human Rights, Israel, Palestine

By Palestinian BDS National Committee - The Boycott, Divestment and Sanctions (BDS) movement and its worldwide partners are celebrating the withdrawal of the huge French corporation Veolia from the Jerusalem Light Rail (JLR), an illegal rail system built to facilitate the growth and expansion of Israeli colonial settlements on occupied Palestinian territory. The sale of its stake in the JLR project ends all of Veolia’s involvement in the Israeli market, including all projects that violate international law and the human rights of the Palestinian people. The sale follows an extensive 7-year boycott campaign against Veolia, due to its complicity in the Israeli occupation, which cost it tenders around the world estimated to be worth over $20 billion.

It’s All Part Of Capitalism: How Philanthropy Perpetuates Inequality

September 2, 2015 Eleanor J. Bader, www.truth-out.org Educate! Capitalism, Philanthropy

By Eleanor J. Bader in Truthout - Thorup is best on theory, and he begins by offering a definition: Philanthropic capitalism is the idea that capitalism is or can be charitable in and of itself. The claim is that capitalist mechanisms are superior to all others [especially the state] when it comes to not only creating economic but also human progress; that the market and market actors are or should be made the prime creators of the good society; that capitalism is not the problem but the solution to all the major problems in the world; that the best thing to do is to extend the market to hitherto private or state processes; and, finally, that there is no conflict between rich and poor, but that the rich is [sic] rather the poor's best and possibly only friend.

Human Rights Abuses: Detaining Immigrants For Profit

September 1, 2015 Latino Rebels, www.latinorebels.com Educate! Capitalism, Deportation, Immigration, Mass Incarceration

By Latino Rebels - To make sure those changes never occur, CCA and GEO have pumped millions of dollars into political campaigns. Earlier this year, the Washington Post identified “Republican politicians in Florida, Tennessee, and border states with high populations of undocumented immigrants” as being the “biggest beneficiaries” of such donations. Florida Sen. Marco Rubio has received nearly $40,000 from GEO, “making him the Senate’s top career recipient of contributions from the company.” In the end, no one should expect the for-profit prison system to operate any different, and as long as it does, we will continue seeing attempts to impose harsher immigration laws and tougher punishments for minor crimes.

Flood The System Organizing Booklet – Movement Momentum

August 18, 2015 Flood The System, www.floodthesystem.net Organize! Capitalism, Collective Liberation, Education, Patriarchy, Racial Justice, Resistance

By Flood The System - We envision Flood the System as a step towards building the DNA of a robust movement that has the collective power to challenge global capitalism, racism, patriarchy, and oppression. This booklet is designed to give you a sense of why we need to escalate, what Flood the System might look like, and what structures we will all use to organize. The authors drew inspiration for this booklet from the 1986 Pledge of Resistance Handbook, the 1999 WTO Direct Action Packet and the 2014 Ferguson Action Council Booklet. This booklet was edited by Arielle Klagsbrun and Nick Stocks.

The System Must Be Overthrown, And That Requires Revolution

August 13, 2015 William T. Hathaway, www.dandelionsalad.wordpress..com Educate! Capitalism, Socialism

By William T. Hathaway in Dandelion Salad - Gaither Stewart is a man of passions. In The Europe Trilogy he shared with us his passion for international espionage and intrigue. In Voices from Pisalocca he shared his passion for village life in his adoptive country, Italy. In The Fifth Sun he shared his passion for Native-American mythology. Now in Recollection of Things Learned he shares his passion for socialism, both the complexity of its theory and the clash of its praxis. In his new book Stewart shows how capitalism inevitably divides humanity through wars, racism, sexism, and class antagonism. He defines the key aspects of socialism and gives us an historical overview of its development, including critiques of the attempts to achieve it.

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