Imperialism has been the most powerful force in world history over the last four or five centuries, carving up whole continents while oppressing indigenous peoples and obliterating entire civilizations. Yet, it is seldom accorded any serious attention by our academics, media commentators, and political leaders. When not ignored outright, the subject of imperialism has been sanitized, so that empires become “commonwealths,” and colonies become “territories” or “dominions” (or, as in the case of Puerto Rico, “commonwealths” too). Imperialist military interventions become matters of “national defense,” “national security,” and maintaining “stability” in one or another region. In this book I want to look at imperialism for what it really is.
Peking University, School of Marxist Studies
May 5-6, 2018
Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.
Feedback loops such as albedo loss are accelerating global warming. Tipping points such as the release of polar methane may increasing warming very suddenly. Soon our crops will fail. Science might save us but isn’t being used. Plutocrats block any reforms that would cut their profits. Our democracy is a sham. Trade makes inevitable the increase of inequality, ecocidal side effects, and the alienation of people from each other. Only sharing might save us, and we won’t get there through reforms. The first stop is to talk about it.
Author Michael Parenti challenges his audience to learn about and advocate free speech in the face of oppression. From the origins of the Bill of Rights up to today’s challenges by the FBI and other government entities, Parenti says, it is essential to stand up for one’s rights. He spoke at an event sponsored by the South Bay Committee Against Political Repression.
The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?
There is a “mystery” we must explain: How is it that as corporate investments and foreign aid and international loans to poor countries have increased dramatically throughout the world over the last half century, so has poverty? The number of people living in poverty is growing at a faster rate than the world’s population. What do we make of this?
On Reality Asserts Itself, Prof. Leo Panitch talks about the political culture of his family, shaped in Winnipeg’s radical Jewish community before and after World War Two; Labor Zionists, Social Democrats and Communists debated and organized within the Jewish working class movement – with host Paul Jay. Continue reading →