A budget approach cloaked in science and technical jargon became a tool to crush the people.
A new party of the Left in Spain has surprised pundits by winning big in last Sunday's elections by running on an an-austerity program. Mark Weisbrot offers some background and an analysis of how these developments fit within the overall "post-recession" Eurozone crisis.
A new documentary, Chicago Boys, looks at the Chilean economists who brought neoliberalism from the halls of Chicago to the policies of Latin America.
Reader Comments: Sanders forces question - Are You a Capitalist; Media and Country Debate Socialism like no time in a hundred years; Clinton; GOP Crackup; Afghanistan; Puerto Rico; Palestine; Leonard Peltier; Readers Debate Tipping; Rosalyn Baxandall
Announcements: Marxist classes and book talks in New York; Paul Robeson play in Peekskill; Palestine Solidarity and Paid Family Leave events in New York
The organizers counted 250,000, a quarter of a million. Of course the police scaled that down - to 150,000. But who's counting - it was definitely the biggest since 2003 against the Iraq War. It was a protest against the "Transatlantic Trade and Investment Partnership", TTIP, and its equally spurned Canadian sister, CETA. Some speakers, and some signs proclaimed: Take TTIP and shove it - and Capitalism with it!
In a speech challenging both national and global inequality, with a particular focus on France and South Africa, economist Thomas Piketty concluded with calls for taxes on wealth, and a public global registry of financial assets to make that possible. The speech evoked a frenzy of comment - from praise to denunciations of Piketty's analysis as Marxist or alternately, unrealistic, to those who criticized him for having a flawed analysis that disregarded Marxist insights.
Reader Comments: Sanders and African American support, Labor endorsements divides union ranks, GOP attacks on Hillary;; Slavery, a national institution; Syrian Refugees and growing movement to welcome refugees; Unions, Contracts and the NLRB; Public Education for Sale; Puerto Rico's new party; Support for UE resolution on BDS; Julian Bond honored; Announcements: The Art of Peggy Lipschutz; more...
Puerto Rico is in a severe economic crisis. The Partido del Pueblo Trabajador (PPT) was founded in 2010 to build a movement to combat austerity and the fundamental roots of the crisis: Since 1898 when the United States took Puerto Rico from Spain, the movement and shape of Puerto Rico’s economy have been largely determined by the priorities and preferences of U.S. capital. The PPT unites electoral work with movement building with the goal of radical change.
Mexican labor unions and workers are, overall, in the worst situation in decades. President Peña Nieto has succeeded in passing a series of so-called reforms - education, labor, energy, and communications - that will have devastating effects on an already weakened labor movement. The Mexican government has controlled unions since the Mexican Revolution of 1910-1920, but it was in the 1930s that the system of one-party state control over the unions was fully developed.
In upcoming votes for the European Union's most indebted countries, the left will have to battle both the forces of austerity and a resurgent xenophobic right. The backdrop for elections in Greece, Portugal, Spain, and Ireland is one of deep economic crisis originally ignited by the American financial collapse of 2007-08. The response of the EU is massive cutbacks in government spending, widespread layoffs, and double-digit tax hikes on consumers.
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