An open letter to Jeff Bezos:
June 21, 2018
teleSUR English on Jun 19, 2016
US journalist Max Blumenthal has just published an in-depth look at US interference in Nicaragua – a particularly important development of which has been a recent meeting between Nicaraguan student opposition leaders and right-wing neoconservative figures in Washington.
“We’ve detected activity, and we have captured some U.S. citizens in undercover activities, in hidden activities, espionage, trying to win over people in towns along the Venezuelan coast, trying to win over people in some neighborhoods. In Táchira, we captured a pilot of a U.S. plane of Latin origin with all sorts of documentation.” — Nicolás Maduro, Democracy Now! March 3, 2015
OpenUnivoftheLeft on June 5, 2018
Left Forum 2018: As our demands grow bolder—true full employment, the rebuilding of the social safety net starting with Medicare for All, an overdue green and just transition—so will the naysayers’ inevitable refrain: “How will you pay for it?” Developments in our understanding of monetary theory and the money system has, thankfully, illuminated a path forward out of the trap of austerity: when we understand how money actually works, we know that the obstacles to bold action at a national scale on jobs, healthcare, and climate are political, not economic.
THE WORLD economy is still suffering from the worst crisis since the Great Depression of the 1930s. Around the world, the consequences have been devastating–jobs wiped out, exploitation intensified for those who remain employed, social services eliminated or privatized.
Democracy At Work on May 28, 2018
This week on Economic Update, Professor Wolff delivers updates on the decline of U.S. cities and the potential of “private cities”, the ever-growing freelancers’ economy, why the U.S. Supreme Court decided to legalize sports betting now, Fiat-Chrysler & Porsche added to the emissions cheating scandal, the new federal jobs guarantee and a Catholic University attacks the concept of tenure.
Peking University, School of Marxist Studies
May 5-6, 2018
Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.
leftymathprof on Apr 30, 2018
Feedback loops such as albedo loss are accelerating global warming. Tipping points such as the release of polar methane may increasing warming very suddenly. Soon our crops will fail. Science might save us but isn’t being used. Plutocrats block any reforms that would cut their profits. Our democracy is a sham. Trade makes inevitable the increase of inequality, ecocidal side effects, and the alienation of people from each other. Only sharing might save us, and we won’t get there through reforms. The first stop is to talk about it.
The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?