FOR ROUGHLY FIVE HUNDRED YEARS, INDIGENOUS peoples have been struggling against the dominant institutions of society, against imperialism, colonialism, exploitation, impoverishment, segregation, racism, and genocide. Continue reading
This July, Bank of America was expecting to report an earnings increase of 32% from last year. The Washington Business Journal declared the bank among the top 10 “most improved brands” of the year. Bank of America is the second-largest bank in the United States following JPMorgan Chase.
So why does this bank deserve such an “improved” reputation? Perhaps it’s worth looking at a little of the bank’s record for some clarity.
Egypt is one of the most important countries in the world, geopolitically speaking. With a history spanning some 7,000 years, it is one of the oldest civilizations in the world, sitting at the point at which Africa meets the Middle East, across the Mediterranean from Europe. Once home to its own empire, it became a prized possession in the imperial designs of other civilizations, including the Persians, Greeks, Romans, and Byzantine to the Islamic and Ottoman Empires, and subsequently the French, British and Americans. For any and every empire that has sought to exert control over the Middle East, Asia or Africa, control over Egypt has been a pre-requisite. Its strategic location has only become more important with each subsequent empire.
Anyone who has paid even minimal attention to the global economic and financial crises gripping the world since 2007 has heard the name Goldman Sachs.
One of the largest banks in the United States, Goldman Sachs was central to the process of creating the housing bubble that popped in 2007-8, which led to the largest economic crisis since the Great Depression. As Matt Taibbi famously documented in Rolling Stone, Goldman has been involved in “every major market manipulation since the Great Depression,” profiting along the way as “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”
Will the wave of global unrest crash on Indonesia next?
Indonesia – a Southeast Asian archipelago that is home to the largest Muslim population on Earth – is a key global hot spot for corporate plundering, worker exploitation, land grabs and environmental devastation. Continue reading
The following was originally posted at Occupy.com.
In May, JPMorgan Chase was listed as the largest bank in the world with assets at roughly $4 trillion — some $1.53 trillion of it in derivatives. This was reported a month after the announcement that the bank had posted a record first-quarter profit of $6.5 billion.
Jamie Dimon, the bank’s CEO and Chairman, has faced a host of scandals in relation to his management of the megabank, including the loss of roughly $6 billion through the London branch of the bank — losses that Dimon was accused of hiding. Continue reading
The following is Part 3 of the Global Power Project, originally published at Occupy.com.
The Global Power Project, an investigative series produced by Occupy.com, aims to identify and connect the worldwide institutions and individuals who comprise today’s global power oligarchy. In Part 2, which appeared last week, I discussed some of the dominant institutions that have facilitated and have in turn been supported by the development of this oligarchic class. Continue reading
The following is Part 2 of my exclusive research series for Occupy.com.
The Global Power Project, an investigative series produced by Occupy.com, aims to identify and connect the worldwide institutions and individuals who comprise today’s global power oligarchy. Continue reading
An exclusive series for Occupy.com
The Global Power Project, an investigative series produced by Occupy.com, aims to identify and connect the worldwide institutions and individuals who comprise today’s global power oligarchy. By studying the relationships and varying levels of leadership that govern our planet’s most influential institutions — from banks, corporations and financial institutions to think tanks, foundations and universities — Continue reading
It began innocently enough, it seemed, when a plan to turn Istanbul’s Gezi Park – located at Taksim Square – into a shopping mall spurred a small group of environmental activists to occupy the park in protest in late May of 2013. Within a week, a wave of urban uprisings had spread across the country, involving hundreds of thousands of protesters, in dozens of cities, met with massive state repression and violence, resulting in a few deaths and thousands of injuries and arrests. The world is now watching Turkey – the connecting landmass between Europe and Asia – once home to the Ottoman Empire, and now home to a profound lesson for the world’s people in a struggle for democracy against inequality, oligarchy, oppression and tyranny.
The following is my first original piece for The Hampton Institute, “a working class think tank,” at which I chair the Geopolitics Division. This essay is meant as an introduction to modern American geopolitics, and a reference piece for future research and published material through The Hampton Institute’s Geopolitics Division.
Educating yourself about empire can be a challenging endeavor, especially since so much of the educational system is dedicated to avoiding the topic or justifying the actions of imperialism in the modern era. Continue reading
The Transatlantic Trade and Investment Partnership is the latest plan of conglomerates to strengthen their grip over the planet.
A corporate world order is emerging, and like any parasite, it is slowly killing off its host. Unfortunately, the “host” happens to be the planet, and all life upon and within it. So, while the extinction of the species will be the end result of passively accepting a corporate-driven world, on the other hand, it’s very profitable for those corporations and their shareholders.
In the 2005 documentary, We Feed the World, then-CEO of Nestlé, the world’s largest foodstuff corporation, Peter Brabeck-Letmathe, shared some of his own views and ‘wisdom’ about the world and humanity. Brabeck believes that nature is not “good,” that there is nothing to worry about with GMO foods, that profits matter above all else, that people should work more, and that human beings do not have a right to water.
Pulling back the curtain on how intent the wealthiest Americans have been on establishing a propaganda tool to subvert democracy.
Where there is the possibility of democracy, there is the inevitability of elite insecurity. All through its history, democracy has been under a sustained attack by elite interests, political, economic, and cultural. There is a simple reason for this: democracy – as in true democracy – places power with people. In such circumstances, the few who hold power become threatened. With technological changes in modern history, with literacy and education, mass communication, organization and activism, elites have had to react to the changing nature of society – locally and globally.
The following is a first draft sample from a chapter currently being written for The People’s Book Project. Read more about The People’s Book Project here, and please consider donating to help the Project continue.
The American imperial system incorporates much more than supporting the occasional coup or undertaking the occasional war. Coups, wars, assassinations and other forms of overt and covert violence and destabilization, while relatively common and consistent for the United States – compared to other major powers – are secondary to the general maintenance of a system of imperial patronage. Continue reading