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Crisis

Donald Trump, Stephen Bannon And Coming Crisis In The US

By David Kaiser for Time - Though their theory is not widely taught in colleges or discussed in the media, Strauss and Howe may well play a major role in Donald Trump's administration. Stephen Bannon, the former head of Breitbart News who has been appointed Trump’s chief strategist in the White House, is very familiar with Strauss and Howe’s theory of crisis, and has been thinking about how to use it to achieve particular goals for quite a while. I know this because Bannon interviewed both Neil Howe and myself in 2009 while he was making a documentary film about the ongoing financial crisis. The film, called Generation Zero, discussed those ideas in some detail.

The Anatomy Of Crisis And The Decline Of US Empire

By Danny Haiphong for Black Agenda Report - Whether one analyzes the economic, military, or political spheres of US imperialism, one thing is abundantly clear. The very fabric of the United States is in deep crisis. The crisis is largely misunderstood by the vast majority of working and oppressed people living under it. But a specter haunts the US and it isn't anything like Hollywood's scary movies. That specter is the possibility that the people will become a conscious force of opposition to the crisis and seek to dismantle the system of capitalist empire that governs it.

Brazil Coup And Political Crisis: How Did We Get Here?

By Staff of Tele Sur - Accused of mishandling the nation's fiscal budget, the Senate began the process against President Dilma Rousseff in December 2015. But Brazil's political crisis dates back to 2014 when Rousseff was re-elected as president for the second time in October 2014 amid a recession, with high inflation and unemployment rising in the country. At the same time, the biggest corruption scandal in Brazilian history, "Operation Car Wash," shook the Brazilian political elite including members of both parties in the ruling coalition

Will Next Global Debt Crisis Come From Private Investors?

By Staff of Telesur - Private creditors have replaced the public sector as lead borrower to developing countries, which has contributed to a new borrowing and lending boom. Private financial institutions are responsible for prompting a potential “new wave” of debt crises among developing nations, according to a new report carried out by European Think Tank Eurodad. Public debt in developing countries is increasingly being borrowed from private lenders, which the authors argue has meant that an increasing portion of credit is not effectively monitored or regulated.

South Africa’s ANC Corrupted By Capitalism Faces Political Crisis

By Ben Morken for In Defense of Marxism - In the politically sensitive province of Kwazulu-Natal tensions are boiling over. After a bruising leadership battle, the former premier Senzo Mchunu has been recalled by the National Working Committee and the provincial leadership. Mchunu, who was part of the big business faction of Cyril Ramaphosa, has been replaced by Sihle Zikalala who is close to president Zuma. In line with the practice of recent years, the entire losing faction is now being marginalised.

Venezuela’s Crisis From Up Close

By Lisa Sullivan for Dissident Voices - Greetings from the state of Aragua in Venezuela where we are concluding a small US delegation focused on grassroots solutions to the massive food crisis here. I am reaching out to you to share my grave concerns about what is happening here in Venezuela, my home for over three decades where I worked for 21 years as a Maryknoll Catholic lay missioner, then as Latin America Coordinator for the School of the Americas Watch.

The Unexpected Cause Of Water Crises In American Cities

By Carrie Sloan for Talk Poverty - While the water crisis unfolding in Flint is perhaps the most egregious example of austerity in recent memory, it is part of a larger emergency developing nationally. In 2014, Detroit became the first major American city to enact mass water shutoffs, with 46,000 poor households receiving disconnection notices that May. And in Pittsburgh, Baltimore, and other cities, consumers face steep price increases in their water bills. These shutoffs and rate hikes can be traced back to one common source: Wall Street.

Last Chance For Justice

By Phil Angelides for The Huffington Post - Five years ago at this time, the Financial Crisis Inquiry Commission (FCIC) presented the President and Congress with its final report on what caused the 2008 financial meltdown that devastated our economy and millions of American families. The report concluded that the financial crisis was avoidable and was caused by widespread failures of regulation, reckless risk taking on Wall Street, and a systematic breakdown in ethics and accountability.

IVAW Statement On The Crisis In Iraq

Iraq Veterans Against the War (IVAW) – an organization comprised of individuals who served or continue to serve in the US Military following September 11, 2001 – calls on Congress, the President, and his administration to reject the use of violence and militarism in response to the current outbreak of violence in Iraq. Many of our members deployed to Iraq during the recent US occupation. Those of us who were there know first hand that US military solutions in Iraq do not serve the interests of the Iraqi people. We advocate for the self-determination of all people, in this case the people of Iraq. Any solution to this crisis must come from them. When the United States invaded and occupied Iraq, the formerly secular country was destabilized. The United States and the Department of Defense intentionally created and agitated sectarian divisions that would not have otherwise existed. The result of this is what we see today, and Iraqi civilians are paying for it.

Counter Power As Common Power

Capitalism is fueled by crisis. Whether persistent or recurring, local or global, environmental or financial, crisis drives capitalism. It strengthens it, enabling it to adapt. Some view the uprisings that have exploded in recent years as signs of a new global resistance. They are mistaken. The uprisings index the global force of capitalism. For the most part, they are reactive expressions of hardship and declining expectations. Organized resistance, particularly in a form strong enough to shift the balance of power, is hardly enough to register. When it does flare up, power uses the opportunity to justify the expansion of anti-terrorist infrastructure, contributing more to strengthening the capitalist state than to building the Left opposition. Small scale solutions - localism, co-ops, wind turbines and solar panels - while often pointed to as evidence of a possible alternative future, in themselves say nothing of the form of social relationships within which they exist. If anything, they co-operate with capital in creating new commodities, and providing new opportunities for the expansion and intensification of market relations. When they reinforce the given order of things, local, voluntary, and “green” solutions are embraced by power. When they don’t, they are ignored, abandoned, submerged, or quashed. Capitalism is the only game in town. There is no alternative. There are nonetheless indicators of some level of coordination occurring between movements, lessons that seem to be transferring from one uprising to the next, some connected infrastructure, some amount of collective self- awareness.

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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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