Category Archives: Business

Noam Chomsky and Yanis Varoufakis: The Neoliberalism Assault on the World

Capitalism Is The Crisis

Image by JT via Flickr

Dandelion Salad

with Noam Chomsky

DiEM25.official on Apr 27, 2016

Yanis Varoufakis considers himself a politician by necessity, not by choice. An economist and academic by training, he became Greece’s finance minister amidst the country’s financial crisis, creating an image for himself both beloved and reviled. He discusses his complicated role in his new book, And the Weak Suffer What They Must?: Europe’s Crisis and America’s Economic Future, and on the LIVE stage alongside renowned academic and theorist Noam Chomsky.

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We Are So Poor Because They Are So Rich by Dariel Garner

Buzzword Bingo: Inequality

Image by Ron Mader via Flickr

by Dariel Garner
Guest Writer, Dandelion Salad
April 24, 2016

One day, my business partner leaned over to me and said, “Remember, we are so rich because they are so poor.” That is how he patiently explained to his younger partner why our workers should not get a raise above minimum wage. He could just as well have said, “They are so poor because we are so rich.” We were farming thousands of acres, had whole communities that worked for us and were making money faster than we could have ever dreamed. The plight of the workers just didn’t matter. What was important to my partner was that we lived in houses with marble floors while our farmworkers lived on dirt.

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In The Panama Capers We Trust by Clive Hambidge

tax the rich mural

Image by Zervas via Flickr

by Clive Hambidge
Writer, Dandelion Salad
London, England
April 14, 2016

The Panamanian Capers

Apparently, if you’ve seen the news, the leaked Panama Papers[1], from the “tight lipped” (Economist) Panamanian law firm Mossack Fonseca & Co, are spilling the beans on the details of what the rich, powerful and greedy “beyond avarice” get up to with unseemly amounts of dosh, in 214,488 offshore tax havens. Mossack Fonseca & Co has been under investigation and intense scrutiny for some time. Ken Silverstein contributing editor for Vice who had cased the Mossack Fonseca & Co joint, two years before the Panama Papers disclosure, writing: “If shell companies are getaway cars for bank robbers, then Mossack Fonseca may be the world’s shadiest car dealership.” True but the Mossack Fonseca shenanigans are part of the problem but not the endemic problem. The endemic problem is American financial hegemony. Mossack Fonseca’s offices have just been raided almost certainly because Panamanian politicians and their dealers (they are all in need of a fix) will be implicated in all sorts of sordid stuff. And one expected that.

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Michael Hudson: They Finance the Military Budget with Money Laundering by the World’s Criminals

Cameron Must Resign protest 9 April 2016

Image by RonF via The Weekly Bull via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
April 14, 2016

TheRealNews on Apr 13, 2016

Economist Michael Hudson says oil and mining industries and the State Department created Panama and Liberia for the express purpose of tax evasion.

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The Panama Papers: War on Corruption or War on Savers? by Ellen Brown

No Cash

Image by Stephan Rosger via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 10, 2016

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.

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Paying for Single Payer Health Care with a Financial Tax by Jack Rasmus

Single payer healthcare now!

Image by David Drexler via Flickr

Dandelion Salad

by Jack Rasmus
TeleSUR, March 31, 2016
JackRamus, April 1, 2016
April 2, 2016

As U.S. presidential candidate Bernie Sanders has gained momentum in the presidential primaries, the attacks on his proposed economic programs have grown proportionally.

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Chris Hedges: The Revenge of the Lower Classes and the Emergence of Fascism

The Trump & Clinton Show

Image by brunosuras via Flickr

Dandelion Salad

with Chris Hedges

CCTV America on Mar 26, 2016

For nearly two decades, Journalist Chris Hedges worked as a foreign correspondent in Central America, the Middle East, Africa and the Balkans. The Heat interviewed Chris Hedges. He brings us his unique perspective on the U.S. Presidential Race, mass incarceration, electronic surveillance, and income inequality in the United States.

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Chris Hedges and Michael Hudson: Junk Economics and the Future, Part 2

Fuck Capitalism!

Image by Kim Laurenson via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 28, 2016

teleSUR English on Mar 29, 2016

In this episode of Days of Revolt, Chris Hedges continues his discussion with UMKC economics professor Michael Hudson on his new book Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. Hedges and Hudson expose the liberal class’ allegiance to the predatory creditors on Wall Street and their indifference to real economic justice.

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Chris Hedges and Michael Hudson: How We Got to Junk Economics, Part 1

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
March 21, 2016

teleSUR English on Mar 21, 2016

In this episode of Days of Revolt, Chris Hedges interviews Michael Hudson, UMKC economics professor and author of Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. In the first half of their conversation, Hedges and Hudson trace the history of classical economics and explore Marx’s interpretation of capitalism as exploitation.

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Abby Martin and Richard Wolff: Understanding Marxism and Socialism

Occupy May Day 2012

Image by brent granby via Flickr

Dandelion Salad

with Abby Martin

teleSUR English on Mar 18, 2016

Despite a concerted effort by the U.S. Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism.

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Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails by Ellen Brown

US, Keep Your Hands Off Libya

Image by Mohammad A. Hamama via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
March 13, 2016

Critics have long questioned why violent intervention was necessary in Libya. Hillary Clinton’s recently published emails confirm that it was less about protecting the people from a dictator than about money, banking, and preventing African economic sovereignty.

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The Road to Democracy by Rudo de Ruijter

DEMOCRACY

Image by SUXSIEQ via Flickr

by Rudo de Ruijter
Writer, Dandelion Salad
Independent researcher
www.courtfool.info
Netherlands
March 11, 2016

The word ‘democracy’ is derived from the Greek words ‘demos’, = people, and ‘cratein’, = rule. Democracy would be the best possible form of governance. In a complete democracy all citizens have the right to speak. Anyone can call attention to problems. Anyone can propose solutions. And all may express arguments in favor or against these solutions, so all interests in play can be discussed. This way decisions can be taken, based on all available knowledge and insight. Supplementary advantages are, that when people participate in the process, they know why the decisions are taken and will respect them more easily. Also, they acquire insight in other peoples’ interests, which contributes to mutual comprehension and peaceful living together.

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The Stimulator: The Revenge of the Fallists (#TPP)

Warning

This video may contain images depicting the reality and horror of war/violence and should only be viewed by a mature audience.

TPPA 2016-55

Image by Dominic Hartnett via Flickr

Dandelion Salad

subMedia.tv on Mar 7, 2016

This week we take a look at the nefarious capitalist mechanism called free trade agreements, with a focus on world wide resistance to the TPP or Trans Pacific Partnership plus an update of anti-fascist resistance in Anaheim California.

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Homeland: The Making of the Empire by Gaither Stewart

Boiling Frog

Image by DonkeyHotey via Flickr

by Gaither Stewart
Writer, Dandelion Salad
Rome, Italy
February 28, 2016

The parable is told of the boiling of a frog. If you put it in boiling water the frog will jump out as soon as it feels the heat. But if you put it in cold water that is slowly heated it will not perceive the danger. The warmth feels good. It will slowly relax. As the water warms more and more the frog’s energy will begin to drain and its sense of well-being will increase. The water gets hotter and hotter but the frog begins to fall asleep. By the time the water boils it is too late for the poor frog to take any action at all. The frog perishes in the boiling water, cooked to death. (A metaphor for the inability or unwillingness of people to react to or be aware of threats that arrive gradually.)

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How To Achieve Socialism (repost)

Unions Behind Labor Day

Image by Democracy Chronicles via Flickr

Dandelion Salad

Originally published May 6, 2008

worldsocialism.org

From the SPGB’s 1998 pamphlet, From Capitalism To Socialism… how we live and how we could live (pdf)

NO MINORITIES

Socialism can only be established when a great majority of workers understand and want it. It would be absurd for a minority of conscious socialists to try to take over power and impose the new system on an unwilling majority. Such a strategy would certainly fail, with the armed forces, controlled by the majority-backed government, being used to defeat the rebels. The idea is heroic fantasy at best and would lead to a bloody tragedy at worst. And even if such a method of ‘revolution’ were successful-if a determined minority should seize political power in an attempt to introduce socialism on behalf of the working class-there would be no prospect of it resulting in a socialist society. It would not be possible to run a society in which everybody contributed co-operatively according their abilities and took freely according to their needs unless the great majority of people understood the arrangement and wanted it. It would not be possible to establish and maintain a society based upon conscious democratic control unless the great majority were prepared to exert that democratic control. If the population did not want to participate in social decision-making and were prepared to leave it to a particular minority, that minority would be forced to become the exclusive decision makers themselves and would eventually become a new ruling class. But in the final analysis, the very fact that a minority wanted it would show that they did not understand the full implications of socialism themselves, and so were not really socialists. Continue reading