Class Struggle

Green Party passed a motion to place money creation into public hands and end fractional reserve banking

The passing of the Monetary and Banking Reform Composite Motion follows many years of campaigning within the party by members concerned about the private creation of money. A group of these campaigners, joined under the banner of the Green Party Monetary Reform Working Group, have been tirelessly working to educate and raise awareness about the private creation of money.

Exposing the Financial Core of the Transnational Capitalist Class

Deeper inside the transnational capitalist class is what David Rothkopf calls the “superclass.” In his 2008 book, Superclass: The Global Power Elite and the World They Are Making, Rothkopf argued that the superclass constitutes 6,000 to 7,000 people, or 0.0001 percent of the world’s population.12 They are the Davos-attending, Gulfstream/private jet–flying, money-incrusted, megacorporation-interlocked, policy-building elites of the world, people at the absolute peak of the global power pyramid. They are 94 percent male, predominantly white, and mostly from North America and Europe.

The Pernicious War on the Poor

The relentless demonization of benefits claimants – smeared by association with the tiny minority who commit this kind of fraud – is pernicious in the extreme. Six of the UK’s largest disability charities (Scope, Mencap, Leonard Cheshire Disability, the National Autistic Society, Royal National Institute of Blind People (RNIB), and Disability Alliance) report that they are regularly contacted by people who say they are taunted on the street about faking disabilities in order to receive payments and are concerned that this could lead to hate crimes and violence.

I Have a Dream, a Blurred Vision

By Michael Parenti The 50th anniversary of the March on Washington—in which Rev. Martin Luther King Jr. made his famed “I Have a Dream” speech—has recently won renewed attention from various print and electronic media in the United States. But the more attention given to King’s extraordinary speech, the less we seem to know about King himself, the less aware […]

John Perkins: Confessions of an Economic Hitman

As an Economic Hitman (EHM), John Perkins helped further American imperial interests in countries such as Ecuador, Panama, Indonesia and Saudi Arabia. As Chief Economist for the international consulting firm Chas. T. Main, he convinced underdeveloped countries to accept massive loans for infrastructure development and ensured that the projects were contracted to multinational corporations. The countries acquired enormous debt, and the US and international aid agencies were able to control their economies.

Prince’s blast at people who get above their station

“People think they can all be pop stars, high court judges, brilliant TV personalities or infinitely more competent heads of state without ever putting in the necessary work or having natural ability. This is the result of social utopianism which believes humanity can be genetically and socially engineered to contradict the lessons of history.” – Prince Charles

March for a Frack Free Future – Solidarity Sunday

Local groups are the frontline of resistance to unconventional gas across the country. On Sunday 18 August they will be coming together from all four corners of the UK to join with the people of Balcombe to show the world that we stand united in rejection of unconventional gas in our communities.

Battle of Balcombe: Opposition to Cuadrilla Resources UK Fracking Plans

“People will try to convince you that hydraulic fracking is going to be good for the country, that it’s going to bring jobs, that it’s going to make the price of fossil fuel cheaper – don’t be fooled,” added Bianca Jagger, the former wife of the Rolling Stones lead singer, who visited Balcombe this weekend to show her support. “The harm that it will cause to this beautiful area – they’re fooling you.”

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks

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.

Here is how the UK government hid 1 million jobless from unemployment figures

One of the purported achievements of the Coalition government’s disastrous economic policy of austerity, has been the unemployment figures. Pundits say that at 7.8% (2.51m) they are nothing to shout about but not the disastrous rates seen in states such as Greece (26.9%) or Spain (26.3%). In reality, the unemployment rate is more than double this in many areas, while those in employment are facing ever worsening conditions to retain their non-jobs.

How Goldman Sachs Robbed You Of Five Billion Dollars

Wall Street can rob you indirectly too– how are Goldman Sachs and other big banks artificially manipulating the aluminum market and other commodities to make consumers needlessly pay more for everyday items, netting them billions of excess dollars? Cenk Uygur breaks down the disturbing findings.