Only days before Evo Morales stepped down as Bolivia’s president audio tapes were published implicating opposition politicians, the US embassy and American senators in a coup plot.
RT America on Nov 9, 2019
Journalist Chris Hedges talks to Paul Street, author and political commentator, about the failure of the American Left, new forms of resistance, democracy, and the deep roots of America’s ruling oligarchy.
What’s going on in the repo market? Rates on repurchase agreements (“repo”) should be around 2%, in line with the fed funds rate. But they shot up to over 5% on September 16 and got as high as 10% on September 17. Yet banks were refusing to lend to each other, evidently passing up big profits to hold onto their cash – just as they did in the housing market crash and Great Recession of 2008-09.
“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
UnistotenCamp on Nov 1, 2019
In this era of “reconciliation”, Indigenous land is still being taken at gunpoint. INVASION is a new film about the Unist’ot’en Camp, Gidimt’en checkpoint and the larger Wet’suwet’en Nation standing up to the Canadian government and corporations who continue colonial violence against Indigenous people.
with Chris Hedges
RT America on Nov 2, 2019
Journalist Chris Hedges talks to Joshua Freeman, Professor of History at City University of New York, about his book Behemoth: The History of the Factory and the Making of the Modern World.
Many of the most pressing problems all nations face are a result of failing to adequately tackle our increasing level of global interdependence.
Mobilized capital can play the tax-regime of one country off against another with ease, such that there is a race to the bottom with respect to the corporate tax revenues which might be expected from even the wealthiest transnational corporations. Such economic arbitrage is possible precisely due to the propagation of widespread variations in the distribution of social justice across the planet. There are no national solutions to such problems, which ultimately require the more equitable distribution of social justice on a global scale.
goingundergroundRT on Oct 30, 2019
On this episode of Going Underground, ahead of a UK General Election in December, we speak to BAFTA-award winning director Ken Loach and BAFTA-award winning writer Paul Laverty on their new film “Sorry We Missed You”, highlighting the struggles of a family living facing an uphill struggle since the 2008 financial crash in the neoliberal gig economy. They discuss the film, the illusion of choice in the free market and how it damages workers’ rights, the hardship of workers in gig economy jobs, the rise of Amazon and how companies like Amazon show capitalism can’t be regulated, the culture of shaming the poor and lauding entrepreneurs, the ignoring of corporate fraud and the continuous focus on welfare fraud, why the ideology of socialism still faces difficulty after the collapse of the Soviet Union and more!
This 10-page paper was written for the Economics of Happiness Conference co-sponsored by Local Futures, held in Jeonju, Korea, on October 16-17, where I was the keynote speaker — a wonderful city and great experience!
Satisfaction in the workplace is a major component of the “happiness” index; but it is a satisfaction that young people joining the workforce today are not feeling. In a 2017 book titled Kids These Days: Human Capital and the Making of Millennials, Malcolm Harris asks why the millennial generation – those born between 1981 and 1996 – are so burned out. His answer is, “the economy.” Millennials are bearing the brunt of the economic damage wrought by late 20thcentury capitalism, with economic insecurities throwing them into a state of perpetual panic. Harris argues that if they want to meaningfully improve their lives and the lives of future generations, they will have to overthrow the system and rewrite the social contract.
The lawmakers are doing it. The candidates are doing it. The mass media are doing it. All are excluding from their arenas the leading citizen groups as never before, since the early nineteen sixties. The nonprofit national advocacy/research organizations that led the way for social reforms are being shut out of the political process. These groups were pioneers in consumer rights, environmental protections, labor rights, and whistle-blower protections. These groups fought for freedom of information laws and practices and access to justice in ways that have made our country better in so many ways.
As I’ve watched young people around the world take part in the climate actions of the last few weeks, I’ve gotten the sense that I’m watching a spectacle which has been orchestrated to create the illusion that we’re still in an earlier, more stable time for the planet’s climate. Legitimate as the passion and commitment of this generation of teen climate activists is, their efforts are being packaged by the political and media establishment in a way that encourages denial about our situation. These ruling institutions neither want us to recognize the real solutions to the crisis, nor to see the irrecoverable and massive damage that’s already been done to the climate.
PR: Kenn, recently, this observation of mine provoked a measure of ire: Street demonstrations, even large ones, are apropos of nothing as long as they are manifested as de facto state sanctioned protests. A march proceeds, chants are cast into indifferent air, speechifying comes to pass by the usual gasbags then the assembled head home and carry on as usual. Conversely, a strike means job walk-offs — until the strikers demands are met — not walking out and walking back in the next day.
RT America on Oct 12, 2019
Host Chris Hedges talks to activists Dr. Margaret Flowers and attorney Kevin Zeese, who run Popular Resistance, about power and the effect of organized, sustained civil disobedience and forms of no-cooperation when it comes to issues of war, internal security and corporate domination.