Trump’s Trade Threats Are Really Cold War 2.0 by Michael Hudson + The American Dream Is Alive and Well—in China by Ellen Brown

China Indusry

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by Michael Hudson
Writer, Dandelion Salad
June 16, 2019

President Trump has threatened China’s President Xi that if they don’t meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and economic sanctions against Chinese exports and technology.

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Chris Hedges: The Radical Transformation of Jackson, MS

Chris Hedges: The Radical Transformation of Jackson, Mississippi

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Dandelion Salad
Originally posted March 4, 2018; updated below

“Self-determination is not possible within the capitalist social framework, because the endless pursuit of profits that drives this system only empowers private ownership and the individual appropriation of wealth by design. The end result of this system is massive inequality and inequity.” — Kali Akuno, Jackson Rising: The Struggle for Economic Democracy and Self-Determination in Jackson, Mississippi

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Caleb Maupin: History and Overview of Marxism in 12 Minutes + Socialist Heroism in Our Time

Karl Marx by Robert Diedrichs, 1970. Courtesy WikiCommons

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with Caleb Maupin
Writer, Dandelion Salad
Caleb Maupin (website)
Caleb Maupin (Facebook Page)
June 5, 2019

“Marxism and Karl Marx taught us there are two classes. There is the bourgeois and the proletariat. There are those who own the major centers of economic power, the factories, the banks, the means of transport, the means of communication and make profits from them. And then there are the rest of us who sell our labor power to those capitalists in order to survive. We get wages, we live by working, we’re proletarians. They live by owning, they’re capitalists.” — Caleb Maupin

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The Bankers’ “Power Revolution”: How the Government Got Shackled by Debt + New Book: Banking on the People by Ellen Brown

The Bankers’ "Power Revolution": How the Government Got Shackled by Debt + New Book: Banking on the People by Ellen Brown

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, May 31, 2019
June 2, 2019

This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1.

The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019. The debt is never paid off. The government just keeps paying the interest on it, and interest rates are rising.

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Albert Einstein: Why Socialism?

Detroit Institute of Art ~ Diego Rivera Mural

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Dandelion Salad

“For the sake of simplicity, in the discussion that follows I shall call “workers” all those who do not share in the ownership of the means of production—although this does not quite correspond to the customary use of the term. The owner of the means of production is in a position to purchase the labor power of the worker. By using the means of production, the worker produces new goods which become the property of the capitalist. The essential point about this process is the relation between what the worker produces and what he is paid, both measured in terms of real value. Insofar as the labor contract is “free,” what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalists’ requirements for labor power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product.” — Albert Einstein, Monthly Review, May 1949

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Debate on Modern Monetary Theory (MMT) Parts 1-4 (updated)

For All Debts...

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Dandelion Salad

Updated: May 13, 2019

Modern Monetary Theory – A Debate: Randall Wray (Pt 1/4)

TheRealNews on Apr 22, 2019

Randall Wray, one of the founders of the economic theory known as Modern Monetary Theory (MMT) lays out some of its main arguments. Paul Jay hosts

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Chris Hedges: Corporate Oligarchs Have Trashed The Economy

cwg_corporate

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Dandelion Salad

with Chris Hedges

RT America on Apr 8, 2019

Rick Sanchez explains the economic impact of migrants on the US. Then Pulitzer prize-winning Chris Hedges, host of “On Contact,” joins Rick Sanchez to discuss the “penny capitalism” and “regional capitalism” that the US Hispanic population engages in and which fuels true wealth creation. He contrasts these forms with the “corporate capitalism” that decimates communities as well as the planet. They also discuss the dearth of critical reporting on the topic in corporate media and the reasons behind it.

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Chris Hedges: There is Only a Collective Solution to the Exploitation of Women Workers

DSC_02310005

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Dandelion Salad

with Chris Hedges

RT America on Apr 6, 2019

The fertility rate in the United States has been steadily falling, so much so that without immigration our population would be declining. This is the seventh straight year fertility rates have fallen. In 2017, the nationwide fertility rate was 1,765.5 births per 1,000 women of childbearing age—well below the rate of 2,100 births per 1,000 women necessary to keep the population stable. Only two states—South Dakota and Utah—had birth rates above replacement levels.

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Why Is the Federal Reserve Paying So Much Interest to Banks? by Ellen Brown

Rich Uncle Pennybags

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
April 4, 2019

“If you invest your tuppence wisely in the bank, safe and sound,
Soon that tuppence safely invested in the bank will compound,

“And you’ll achieve that sense of conquest as your affluence expands
In the hands of the directors who invest as propriety demands.”

Mary Poppins, 1964

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Who Was The Real Adam Smith? by The Anti-Social Socialist

Who Was The Real Adam Smith? by The Anti-Social Socialist

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“Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many.” ― Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, 1776

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Funding A US Green New Deal Without Raising Taxes by Ellen Brown

Green New Deal

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
March 21, 2019

As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the US and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated to obscure academic tomes and bureaucratic meetings behind closed doors, has suddenly taken center stage.

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The Problem of Debt Deflation by Ellen Brown

Indentured Student - Cartoon

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Feb. 21, 2019
February 24, 2019

“Quantitative easing” was supposed to be an emergency measure. The Federal Reserve “eased” shrinkage in the money supply due to the 2008-09 credit crisis by pumping out trillions of dollars in new bank reserves. After the crisis, the presumption was that the Fed would “normalize” conditions by sopping up the excess reserves through “quantitative tightening” (QT) – raising interest rates and selling the securities it had bought with new reserves back into the market.

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Jim Kavanagh: The Trump Administration’s Attacks On Pres. Maduro Are Nothing More Than Overt Imperialism

Oppose the imperialist coup in Venezuela!

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with Jim Kavanagh
Writer, Dandelion Salad
The Polemicist
February 20, 2019

RT America on Feb 19, 2019

As US politicians are putting rhetoric against Venezuelan President Nicolas Maduro into high gear, US President Donald Trump gave a speech in Miami calling for Maduro to step down and for an end to socialism in Latin America. RT America’s Manila Chan interviews political analyst Jim Kavanagh to discuss why he considers the Trump administration’s attacks on Maduro as nothing more than “overt imperialism.”

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Kevin Zeese on Venezuela’s Economy: It’s Not Socialism, It’s Abusive Capitalism and US Imperialism

The Russian Peace Threat by David Swanson + The REAL Reason The U.S. Wants Regime Change in Venezuela

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Dandelion Salad

RT America on Feb 18, 2019

Attorney and author Kevin Zeese joins News.Views.Hughes to argue that calls for regime-change in Venezuela constitute a US push to seize Venezuelans’ natural resources and that President Nicolas Maduro has the support of the Venezuelan people, that economic sanctions and a global drop in oil prices are behind the country’s economic problems and that “the people of Venezuela oppose US domination.”

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Michael Hudson: Dangerous US Financial Imperialism

Capitalism = economic terrorism

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by Michael Hudson
Writer, Dandelion Salad
February 15, 2019

An interview on Sputnik News – January 23rd.

Professor Hudson, in January you warned in Berlin at the Rosa Luxemburg Conference, about the still “dangerous” US financial imperialism. The US uses “financial weapons”, you said. Can you explain that briefly?

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