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Record Profits, Record Stock Buybacks: Another Looming Crisis?

Sam Gindin Socialist Project
"The enormous gap in American infrastructural needs, the availability to the U.S. of cheap capital, and the unrelenting and appalling growth in inequality, all clinch the case for massive government infrastructural developments alongside progressive tax reform and steps to raise wages at the bottom of the labour market." In this article the author questions why those on the left are not organizing to confront the central questions of captalism.

poetry

This Woman to The Dark Angels

Jared Smith To The Dark Angels
Amid controversies about surveillance from Big Brothers, there's also the matter of what the Little Brothers and Sisters know and exploit. Colorado poet Jared Smith takes an ironic view of what it means to know too much and therefore nothing at all.

The Political Roots of Widening Inequality

Robert Reich The American Prospect
The key to understanding the rise in inequality is not technology or globalization. It is the power of the moneyed interests to shape the underlying rules of the market.

The Numbers are Staggering: US is `World Leader' in Child Poverty (in "Developed" Countries)

Paul Buchheit; Max Fisher
The callousness of America's political and business leaders is shocking. A new report from UNICEF, on the well-being of children in 35 developed nations, turned up some alarming statistics about child poverty. More than one in five American children fall below a relative poverty line. The United States ranks 34th of the 35 countries surveyed, above only Romania and below virtually all of Europe plus Canada, Australia, New Zealand and Japan. (The Washington Post)

More Responses to The Tragedy of Party Communism

Nina Udovicki; Gilberto de Leon; Dynamite Hallinan; Scott T Portside
Previously Portside published Michael Brie's, The Tragedy of Party Communism and responses from three socialist activists - what lessons there may be to draw on, and which to forget. Here are additional responses from Nina Udovicki, Gilberto de Leon, Dynamite Hallinan and Scott Tucker. Those responding see capitalism as a system that needs to be abolished and socialism as an alternative - A socialism that is different from the past, and democratic.

Whither Cuba?

Cliff DuRand Truthout
Obama's strategy is to change Cuba, not through regime change, but by promoting capitalism within the country through support of a petty bourgeoisie. The fundamental objective of US policy has always been to bring Cuba back into the capitalist orbit. Today in Cuba a socialist state is actively promoting cooperatives, thereby devolving economic power to people at the grassroots level. There is a rejuvenation of civil society underway - a socialist civil society.

tv

Game of Thrones and the End of Marxist Theory

Sam Kriss Jacobin
A critique of Paul Mason's historical materialist prediction “Can Marxist theory predict the end of ‘Game of Thrones’?” for the upcoming seasons of Game of Thrones.

Responses to The Tragedy of Party Communism

Kurt Stand, David Cohen and Jack Radey Portside
Two weeks ago Portside published an essay by Michael Brie, The Tragedy of Party Communism. Here Kurt Stand, David Cohen and Jack Radey reflect on their participation in the socialist movement, what lessons there may be to draw on, as well as which to forget. For today's and tomorrow's socialists, they see socialism as a system that could be reformed, capitalism a system that needs to be abolished.

tv

Halt and Catch Fire’s Surprising Finale: The Show Was the Opposite of What We Thought

Willa Paskin Slate
With AMC's Halt and Catch Fire's second season arriving soon, a reflection on the first. Halt and Catch Fire's finale reveals it was anti-capitalist all along. For all the early technical bells and whistles, Halt has a straightforward, pleasing story arc—a ragtag team that against long odds and many obstacles does the near impossible—that toward the season’s end ran into a genuinely thought-provoking hurdle: capitalism.

The Demolition of Workers’ Comp

Michael Grabell, ProPublica, and Howard Berkes, NPR ProPublica
Over the past decade, state after state has been dismantling America’s workers’ comp system with disastrous consequences for many of the hundreds of thousands of people who suffer serious injuries at work each year, a ProPublica and NPR investigation has found. The cutbacks have been so drastic in some places that they virtually guarantee injured workers will plummet into poverty.
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