David Harvey, Distinguished Professor of anthropology and geography at City University of New York and author of A Brief History of Neoliberalism argues with Chris Hedges that Neoliberalism, the manta of the global corporate elites, has created the worst income inequality in American history.
‘The New Rulers Of The World (2001) analyses the new global economy and reveals that the divisions between the rich and poor have never been greater – two thirds of the world’s children live in poverty – and the gulf is widening like never before.
The student debt problem is exploding, growing three times as fast as any other kind of debt, yet the Trump administration is making it more difficult for students to seek debt relief. Ellen Brown of the Public Banking Institute outlines the implications.
Four days ago [Aug. 1, 2018], The Washington Post reported that the epic pathological liar Donald Trump made 4,229 false statements during his first 558 days as United States president. Trump spoke or tweeted falsely, on average, an astonishing 7.6 times per day during that time.
For 200,000 years we were hunter-gatherers. We shared everything of importance, and cooperated without hierarchy, and we’re still capable of that. But 12,000 years ago, when we started farming, we also began separateness, hierarchy, and property, which I’ll discuss. Those have caused all our problems — alienation, inequality, externalities, war, poverty, plutocracy, racism, sexism, bullying, ecocide. The first step in fixing all this is to get more people talking about it. Continue reading →
Archival, updated 2018 to reflect Trump’s Supreme Court – In his extraordinary 26 minute history of the Supreme Court Dr. Michael Parenti warned us in 1995 that this partisan, aristocratic institution might one day empower an autocratic president. It seems that time has come and two Trump appointees, Neil Gorsuch and Brett Kavanaugh, can push the scales of justice in favor of their politics unless there is a groundswell to question and change the legal rules of that institution. Why is so much power being given to 9 unelected, non term-limited judges?
This is a brief Addendum to the Introduction to my Law of Value video series. It gives some advice on how to watch these videos, cautioning to think critically about the way we contextualize information online.
Image by Royal Opera House Covent Garden via Flickr
“The history of all hitherto existing society is the history of class struggles.” — Karl Marx, The Communist Manifesto, 1848
“Marx was keenly aware of capitalism’s ability to innovate and adapt. But he also knew that capitalist expansion was not eternally sustainable. And as we witness the denouement of capitalism and the disintegration of globalism, Karl Marx is vindicated as capitalism’s most prescient and important critic.” — Chris Hedges, Left Forum, May 30, 2015
“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.