Tag: James Petras

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.

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 […]

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

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.

All-Out War in Ukraine: NATO’s ‘Final Offensive’

The official drum- beat for a widening conflict in Ukraine, spearheaded by the Kiev junta and its fascist militias, echoes in every Western mass media outlet, every day. Major mass media propaganda mills and government ‘spokesmen and women’ publish or announce new trumped-up accounts of growing Russian military threats to its neighbors and cross-border invasions into Ukraine.