Capitalism marches on. And thus housing, because it is a capitalist commodity, has resumed its upward cost, putting ever more people at risk of homelessness, hunger, inability to access medical care and medications, or some combination of those.
by Dorian Bon
January 27, 2016
AFTER MORE than a year and a half of bitter protests, the people of Flint, Michigan, are finally getting some attention from America’s rulers and media for a water contamination crisis that has put thousands of children at risk of lifelong brain and developmental illnesses as a result of severe lead poisoning.
with Chris Hedges
teleSUR English on Jan 25, 2016
In this episode of Days of Revolt, host Chris Hedges speaks with two esteemed labor activists from Detroit: Darryl “Waistline” Mitchell and Roshaun Harris. They speak of the desperation caused by industrial decline and deregulation in Detroit, especially among Black people. The three also attest to the necessity and inevitability of revolt under such conditions.
The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally. In Cyprus, the depositors were “bailed in” (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks.
The recently declared bankruptcy of Detroit City could serve as an epitome of the rise and fall of not just American capitalism, but the capitalist system generally as an historical mode of production. It is a mode of production that is no longer viable as a way of efficiently organizing and sustaining society in the 21st Century. In fact, the system has become the nemesis of American and other societies across the world.
Jul 2, 2012 – Al Jazeera English
In the early 20th century the American city of Detroit was a booming industrial powerhouse and world leader in car manufacturing. But since the major car companies closed their factories, more than a million taxpayers have moved out of Detroit, leaving behind more than 100 square kilometers of vacant land, and nearly 40,000 abandoned houses. A group of visionary residents are now sowing the seeds of an urban farming revolution.