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On Economic Madness

Luke Pretz Against the Current
David Harvey's book both distills Marx's Capital and makes the text relevant in understanding today's contagion of neoliberal globalization.

There is a Structural Crisis of Capitalism

Jipson John and Jitheesh P.M. Frontline
photo of Samir Amin An interview with Prof. Samir Amin. By JIPSON JOHN and JITHEESH P.M. SAMIR AMIN is one of the world’s greatest radical thinkers alive today. At least for the last five decades, he has been a great source of inspiration for those who dream of an alternative and better world.

The Bayer-Monsanto Merger Is Bad News for the Planet

Ellen Brown The Web of Debt Blog
Bayer and Monsanto have a long history of collusion to poison the ecosystem for profit. The Trump administration should veto their merger not just to protect competitors but to ensure human and planetary survival.

books

50 Years Later: Who Still Rules America?

Randy Shaw Beyond Chron
On the 50th anniversary of G. William Domhoff’s Who Rules America, the author and 11 others take stock of the book’s findings about class and power in the United States, focusing on the drive to privatize public schools, extend power abroad...

The "Vicious But Brilliant Exploitation" That Drives Right Wing Economics

Hamilton Nolan Splinter
The rise of inequality in America is the outcome of a very clear political agenda of disempowering and undermining workers. Corporate dominated globalization is a key part of undermining the bargaining power of workers by giving multinational corporations massive mobility, massive flexibility, and political power.

books

A Modern Greek Tragedy Foretold

Bennet Baumer The Indypendent
Greece's former finance minister under the radical Syriza government offers a revealing tell-all about modern capitalism through his battles over Greece’s debt with the “Troika”: the International Monetary Fund, the European Commission and the European Central Bank (ECB), and eventually with his own prime minister.

The Real Disuniting of America and The Dangerous Trend Threatening the Future of the Nation-State

John Feffer Tom Dispatch
A country that hasn’t had a civil war in more than 150 years, where secessionist movements from Texas to Vermont have generally caused merriment not concern, now faces divisions so serious, and a civilian arsenal of weapons so huge, that the possibility of national disintegration has become part of mainstream conversation. Indeed, after the 2016 elections, predicting a second civil war in the United States has become all the rage across the political spectrum.

Land Grabbing Responsible for Persecution and Refugee Crisis, in Myanmar and Central America

Saskia Sassen
The extreme violence against the Rohingya in Myanmar (Burma) is closer to extermination than religious persecution. One key factor insufficiently recognized is the massive land grabbing that is happening in Burma and has now reached into the poorest state, Rakhine. Land grabbing has become a major factor in multiple displacements, including in Central America. Too many explanations stop short from seeing a larger economic vortex of land grabbing.

labor

China-Like Wages Now Part Of U.S. Employment Boom

Kenneth Rapoza Forbes
The China-esqsue income for the general labor pool might not spark a backlash against the Chinese, Washington's favorite punching bag. Instead, it will favor future political backlashes against globalization and the corporations seen driving up inequality -- and driving down mobility -- because of it.
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