NATO’s China Double-Think by Finian Cunningham + Neoliberalism Has Met Its Match in China by Ellen Brown

Stop NATO manifestation, Krakow

Image by Gosia Malochleb via Flickr

by Finian Cunningham
Writer, Dandelion Salad
East Africa
Crossposted from Sputnik
August 9, 2019

The US-led NATO alliance this week designated a whole new hemisphere to itself for “security” operations. No longer merely an “Atlantic” organization, it’s assuming the role of policing the Pacific. Quite a self-promotion.

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Trump’s Effective Intimidation of the Powerful Federal Reserve + Big Pharma: Gouges, Casualties, and the Congressional Remedy! by Ralph Nader

Capitalism Kills - Kill Capitalism

Image by killabodhi via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page
August 2, 2019

The Federal Reserve (the Fed) – the United States’ version of a Central Bank – is a strange duck. It is the U.S. government’s most powerful regulatory agency. It, after all, regulates money and interest rates. Yet, its budget comes entirely from the banking industry and relationships with the financial industry. So Congress, which appropriates money for all other federal agencies, has little leverage over the Fed’s operations.

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The Instrument of Empire by Michael Hudson + Hudson: Even He Can’t Get Away With It

China Indusry

Image by AK Rockefeller via Flickr

by Michael Hudson
Writer, Dandelion Salad
August 4, 2019

So, Canada, the Canadian people unfortunately are deprived of honest representation of provincial desires, provincial needs, by the fact that the financial sector, the banks, are pretty much running the country.” – Michael Hudson

On the weekend of July 19-21st, 2019, the University of Manitoba became the venue for the 14th Forum of the World Association for Political Economy (WAPE). This annual event represents a gathering of Marxist economists from around the globe, and aims to utilize current understandings on the subject to analyze and study the world economy, reveal its laws of development, and offer policies to promote economic and social progress on national and global levels.

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The Coming Savings Meltdown by Michael Hudson

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 30, 2019

Debts that can’t be paid, won’t be. That point inevitably arrives on the liabilities side of the economy’s balance sheet.

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Socialism: Creating a World to Change Our Lives by Sam Friedman (must-read)

Capitalism isn't working

Image by Cary Bass-Deschenes via Flickr

Dandelion Salad

Republished with permission from Solidarity and Against The Current

by Sam Friedman
Solidarity and Against The Current, January-February 2017, #186
Originally posted Jan. 10, 2017
July 26, 2019

THERE IS A growing suspicion among many people involved in movements against war, for social justice, and for an ecologically sustainable society that capitalism can only create a world of war, injustice and environmental destruction. There is widespread and growing understanding that the current social order cannot continue without catastrophe occurring —yet we lack a vision of what might replace it.

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Puerto Rico Rises Up by Jason Cohen + Corruption, Mismanagement, and Disrespect Fuel Puerto Rico Protests

Puerto Rico Rises Up by Jason Cohen + Corruption, Mismanagement, and Disrespect Fuel Puerto Rico Protests

Screenshot by Dandelion Salad via Flickr
Watch the videos below

Dandelion Salad

Updated: July 25, 2019

by Jason Cohen
Workers World
July 24, 2019

The souls of Puerto Ricans everywhere should burn with indignation as they read through the text messages by Gov. Ricardo Rossello and members of his administration written in a group chat. On July 13, the Center for Investigative Journalism in Puerto Rico published 900 pages of the messages.

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How to Pay for It All by Ellen Brown

For All Debts...

Image by AK Rockefeller via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 10, 2019

The Democratic Party has clearly swung to the progressive left, with candidates in the first round of presidential debates coming up with one program after another to help the poor, the disadvantaged and the struggling middle class. Proposals ranged from a Universal Basic Income to Medicare for All to a Green New Deal to student debt forgiveness and free college tuition. The problem, as Stuart Varney observed on FOX Business, was that no one had a viable way to pay for it all without raising taxes or taking from other programs, a hard sell to voters. If robbing Peter to pay Paul is the only alternative, the proposals will go the way of Trump’s trillion dollar infrastructure bill for lack of funding.

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David Harvey, Michael Hudson, David Kotz and Alexander Buzgalin: The End of the “End of History” (Left Forum 2019)

long live socialism Occupy May Day 2012

Image by brent granby via Flickr

with Michael Hudson
Writer, Dandelion Salad
July 9, 2019

Left Forum 2019

At the panel, speakers will argue that the decline of neo-liberalism and the growth of a new conservative wave are objectively conditioned. The prevailing model of late capitalism that has led to the domination of the market of simulacra, financialization and stagnation, called the ‘new normality’, cannot ensure the progress of the productive forces that are on the verge of not just another technological revolution, but a qualitative change – the genesis of the economy in which a decisive role will be played not by reproductive, but by creative work.

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Libra: Facebook’s Audacious Bid for Global Monetary Control by Ellen Brown

Facebook Libra Coin - zoom

Image by Christoph Scholz via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 27, 2019

Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a May 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares“:
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Caleb Maupin: Can Socialism Be Achieved Through Voting? + What’s Up with Andrew Yang? A Conversation on UBI

Class War #occupyboston

Image by Chase Elliott Clark via Flickr

with Caleb Maupin
Writer, Dandelion Salad
Caleb Maupin (website)
Caleb Maupin (Facebook Page)
June 21, 2019

“Socialism is a society coming together and taking control of the major centers of economic power: the banks, factories and industries, the major natural resources, the major sources of energy, all the centers of the economy. All the centers of economic power being controlled by society and functioning to work in the benefit of society. If you think that that could come into being as the result of a bunch of people going to the polls and clicking for one candidate, that’s delusional, could never happen.” — Caleb Maupin

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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

Image by AK Rockefeller via Flickr

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

Screenshot by Dandelion Salad via Flickr
Watch the video below

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

Image by Royal Opera House Covent Garden via Flickr

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

Screenshot by Dandelion Salad via Flickr

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

Image by VasenkaPhotography via Flickr

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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