The banks and corporations have not used the handouts from governments and central banks for productive investment—to rebuild crumbling infrastructures or expand the productive forces. The Financial Times reported Friday that US capital spending is expected to grow this year at its slowest pace in four years. And it is estimated that American non-financial companies are currently sitting on a cash hoard of $1.5 trillion.
Global South
The Arab Spring Three Years On
The oil dictatorships have been able to repress most efforts at even mild reform, Syria is hurtling to suicide and likely partition, Yemen is subjected to Obama’s global drone terror campaign, Tunisia is in a kind of limbo, Libya lacks a government that can control the militias, and in Egypt, the major country of the Arab world, the military have acted with extreme brutality
Discovering The Power Of People’s History – And Why It Is Feared Today
This was the nod-and-wink arrangement between Labour and Tory governments and the five per cent who owned half the wealth of all of the United Kingdom. The Labour MP turned media man, Brian Walden, described how it worked. “The two front benches [in Parliament] liked each other and disliked their back benches,” he wrote. “We were children of the famous consensus … turning the opposition into government made little difference, for we believed much the same things.”
Monsanto, the TPP and Global Food Dominance
There is a safer, saner, more earth-friendly way to feed nations. While Monsanto and US regulators are forcing GM crops on American families, Russian families are showing what can be done with permaculture methods on simple garden plots. In 2011, 40% of Russia’s food was grown on dachas (cottage gardens or allotments). Dacha gardens produced over 80% of the country’s fruit and berries, over 66% of the vegetables, almost 80% of the potatoes and nearly 50% of the nation’s milk, much of it consumed raw.
Rocinha Cries “Where is Amarildo!?”
According to the civil police, Amarildo was taken to the police station by officers of the Rocinha UPP on Sunday for cross-questioning and, as there was nothing against him, was released shortly thereafter. On Tuesday July 16th, the family reported his disappearance.
At the Escuelita Zapatista, Students Learn Community Organizing and Civil Resistance as a Way of Life
From August 11-17, the Zapatistas brought more than 1,500 people into their communities to attend the Escuelita Zapatista, the Little Zapatista School. According to a February comunicado by the EZLN, in a class entitled Liberty According to the Zapatistas: Autonomous Government I, “our compas from the Zapatista bases of support are going to share the little we have learned about the struggle for freedom, and the [the students] can see what is useful or not for their own struggles.”
In an age of ‘realists’ and vigilantes, there is cause for optimism
In a continent ravaged by those whom Nixon called “our bastards”, Latin American governments have defied the likes of Clarridge and implemented much of Allende’s dream of social democracy – which was Kissinger’s fear. Today, most of Latin America is independent of US foreign policy and free of its vigilantism. Poverty has been cut almost by half; children live beyond the age of five; the elderly learn to read and write. These remarkable advances are invariably reported in bad faith in the west and ignored by the “realists”. That must never lessen their value as a source of optimism and inspiration for all of us.
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.
A Quarterpounder with starvation
One million died in the Ethiopian famine of 1984 and yet the country was growing and exporting food for European animals by Thomas Swann (Scottish Socialist Voice) Faminie in Ethiopia In 2005, a report by the World Health Organisation showed that 1.6 billion people in world were overweight and of these 400 million suffered from obesity. Around the same time the […]
Russia’s Plan For The BRICS To Dismantle The Dollar System
The status of the US dollar as the world reserve currency gives the US a number of advantages over other countries. The world’s most important commodities are priced and traded in dollars, even if most of these commodities are not produced in the US. The fact that the world’s financial system is based on the dollar allows the Federal Reserve […]
Unpeople by Mark Curtis
Britain complicit in the deaths of ten million people since 1945 Those are Unpeople – those whose lives are seen as expendable in the pursuit of Britain’s economic and political goals. Historian Mark Curtis pieces together the Blair government’s “public deception campaign” on Iraq and reveals government plans to increase “information operations” directed towards the public. Citing official documents, it […]








