Author: Prof. James Petras

How Billionaires Become Billionaires

How Billionaires Become Billionaires

America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country.

In this essay we will discuss the socio-economic roots of inequalities and the relation between the concentration of wealth and the downward mobility of the working and salaried classes.

Barbarism in Words and Deeds

Barbarism in Words and Deeds

In the present context Power’s charges of barbarism against Russia and Syria was used to justify the US aerial bombardment of a Syrian army outpost, which killed and maimed almost 200 government troops engaged in combating ISIS terrorists and jihadi invaders.

In other words, accusing Syrian soldiers of ‘barbarism’ was Ambassador Power’s cynical way of dehumanizing the young victims of an earlier and deliberate US war crime.

IMF’s Rogues Gallery: Crooks, Rapists and Swindlers

IMF’s Rogues Gallery: Crooks, Rapists and Swindlers

The IMF is the leading international monetary agency whose public purpose is to maintain the stability of the global financial system through loans linked to proposals designed to enhance economic recovery and growth. In fact, the IMF has been under the control of the US and Western European states and its policies have been designed to further the expansion, domination and profits […]

Erdoğan and Obama

Recep Tayyip Erdoğan: Portrait of a Backstabbing Pasha

Erdoğan’s paranoid and greed-driven vision of politics precludes any trust and stable relations. He thinks he is very clever with his combination of charm and broken promises, but he fools nobody. He reignites the war against the Kurds in Turkey and Syria but they retaliate!

The ‘Media Troika’: The Financial Press and Political Warfare

The ‘Media Troika’: The Financial Press and Political Warfare

With the collapse of the Communist countries in the 1990’s and their conversion to capitalism, followed by the advent of neo-liberal regimes throughout most of Latin America, Asia, Europe and North America, the imperial regimes in the US and EU have established a new political spectrum, in which the standards of acceptability narrowed and the definition of adversaries expanded.

Recep Tayyip Erdoğan: Terrorist Unleashed

Recep Tayyip Erdoğan: Terrorist Unleashed

The Erdoğan regime’s ‘hypothesis’ is that ISIS or the Kurdish Workers Party (PKK) was responsible for the terrorist attack, a position echoed by all of the NATO governments and dutifully repeated by all of the Western mass media. Their most recent claim is that a Turkish member of ISIS carried out the massacre – in a ‘copy-cat action’ after his brother, blamed by the Turkish government for an earlier bombing which left 33 young pro-Kurdish activists dead in July in Suruc, on the Syrian border.

The alternative hypothesis, voiced by the majority of the Turkish opposition, is that the Erdoğan regime was directly or indirectly involved in organizing the terrorist attack or allowing it to happen.