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The West’s Finance-Capitalist Road
May 5-6, 2018 Lecture Second World Marxism Conference Peking University, School of Marxist Studies Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and... Read More
Photo by Francisco Osorio | CC BY 2.0
Thank God for the corporate media. If it wasn’t for them, and the ADL, I’d have probably never discovered that I’m a Nazi. Apparently, I’ve been one for quite some time … which is weird, as I had no idea. Here I was, naively believing that I’d been writing about global capitalism and the realignment... Read More
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As the Presidential elections in Russia are drawing near I am amazed to see how much interest this event is generating in spite of the fact that it sure seems to me that this will be an incredibly boring and, frankly, totally useless event. But first, full disclosure: I don't have much faith in the... Read More
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As we move into 2018, I am swinging away from the Republicans. I don’t support the Paul Ryan “Better Way” agenda. I don’t support neoliberal economics. I think we have been going in the wrong direction since the 1970s and don’t want to continue going down this road. Opioid Deaths: As we all know, the... Read More
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Introduction Clearly the pendulum has swung to the right in the past few years. Numerous questions arise. What kind of right? How far right? How did they gain power? What is their appeal? How sustainable are the right wing regimes? Who are their international allies and adversaries? Having taken power, how have the rightist regimes... Read More
I deplore the tax cut that has passed Congress. It is not an economic policy tax cut, and it has nothing whatsoever to do with supply-side economics. The entire purpose is to raise equity prices by providing equity owners with more capital gains and dividends. In other words, it is legislation that makes equity owners... Read More
Once upon a time the leftwing of the political spectrum was committed to the advancement of the working class and its protection from political and economic abuse by the owners of the means of production. Consequently, the leftwing was politically potent and reached a pinnacle of power when Henry Wallace was selected by Franklin D.... Read More
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2017 compared to 1917
Socialism flowered in the 19th century as a program to reform capitalism by raising labor’s status an
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An interview with journalist Chris Hedges
On Monday, WSWS International Editorial Board Chairman David North interviewed Chris Hedges, the Pulitzer Prize-winning journalist, author, lecturer and former New York Times correspondent. Among Hedges’ best-known books are War is a Force That Gives Us Meaning, The Death of the Liberal Class, Empire of Illusion: the End of Literacy and the Triumph of Spectacle,... Read More
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It should be called the Leona Helmsley tax plan, only the little people will pay taxes
S. Peries: It's the Real News Network. I'm Sharmini Peries coming to you from Baltimore. A general consensus is emerging that Trump's tax plan, which he presented last Wednesday will benefit mostly the country's upper classes and corporations. In fact the only people that got a tax increase are the poorest taxpayers. A quick scan... Read More
Photo by Kate Ausburn | CC BY 2.0
So the good news is, we’ve somehow survived the first nine months of Donald Trump’s presidency. The bad news is, not only is the country now remotely controlled by Vladimir Putin, but it appears we’re finally on the verge of the all-out Russo-Nazi dictatorship the Resistance has, for over a year, been hysterically warning us... Read More
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Sometime circa late July, as the hundreds of thousands of de facto vassals that cater to the needs of New York City’s simulated aristocracy were navigating the sweltering hell that subway system has recently become, approximately one hundred miles to the east, deep in the heart of Resistance territory, where villas rent for up to... Read More
Introduction After 6 months of blaming Russia for the Democratic Party’s Presidential election debacle, the Party stalwarts have finally realized that the American electorate is not listening. Democratic Party investigators in Washington still hold hearings and the mass media are still scandal mongering, but the public is not rallying to their cause. Trump’s demagogy may... Read More
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As everyone doubtless knows, President Trump gave the pot a hefty stirring in Warsaw, Poland prior to attending the G20 summit. His message was well-received by immediate listeners but aroused a Sturm und Drang and a half from the usual Western media suspects who couldn’t be more predictable if they tried. First of all, the... Read More
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Introduction Over the past quarter century progressive writers, activists and academics have followed a trajectory from left to right – with each presidential campaign seeming to move them further to the right. Beginning in the 1990’s progressives mobilized millions in opposition to wars, voicing demands for the transformation of the US’s corporate for-profit medical system... Read More
Introduction Throughout the US and European corporate and state media, right and left, we are told that ‘populism’ has become the overarching threat to democracy, freedom and . . . free markets. The media’s ‘anti-populism’ campaign has been used and abused by ruling elites and their academic and intellectual camp followers as the principal weapon... Read More
My mother, Patricia Cockburn, joined the Air-Raid Precautions (ARP) in 1939 and worked at the “Northern Control Centre” in a large cellar deep under Praed Street in Paddington through the early months of the Blitz. This is about two and a half miles from where Grenfell Tower was to be built 35 years later. She... Read More
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This year the Dead Zone in the Gulf of Mexico is expected to grow larger than ever. Oceanologists predict the lifeless expanse of water below the Mississippi River Delta will swell to an area bigger than the state of Vermont, an aquatic ecosystem despoiled by industrial fertilizers, pesticides, herbicides, oil leaks and the lethal effects... Read More
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As a rule I try to see my glass half-full, leaving the half-empty one to other fellows. And now there are some good reasons for an eternal optimist to stick to his positive schedule. Though it tarried, the summer has come, after all, to the North. The skies are blue, the grass is green and... Read More
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Introduction The most striking feature of recent elections is not ‘who won or who lost’, nor is it the personalities, parties and programs. The dominant characteristic of the elections is the widespread repudiation of the electoral system, political campaigns, parties and candidates. Across the world, majorities and pluralities of citizens of voting age refuse to... Read More
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The shocking election result in the United Kingdom – the Conservatives losing their majority and the creation of a hung Parliament; and Jeremy Corbyn being more successful than any recent Labor candidate – cutting a 20 point Theresa May lead down to a near tie – gives hope to many that the global shift to... Read More
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America’s Great Leap Backwards
Introduction: For almost 50 years, the US economy and society has taken a great leap backward - accelerating during the past three Presidencies. Not only have we experienced the reversal of past socio-economic legislation, but also our presidents and Congress have dragged us into multiple aggressive wars. Now, the threat of a nuclear attack against... Read More
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For Russians, "Aurora" is not the Goddess of Dawn; it is first of all the battleship Aurora, the legendary cruiser whose thundering salvo over the Winter Palace had started the Russian Revolution in November 1917. Recently I participated in a conference commemorating the 100th anniversary of the Russian Revolution in the Mirror of World Left... Read More
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Introduction: Every day in unimaginable ways, prominent leaders from the left and the right, from bankers to Parisian intellectuals, are fabricating stories and pushing slogans that denigrate presidential candidate Marine Le Pen.… They obfuscate her program, substituting the label ‘extremist’ for her pro-working class and anti-imperialist commitment. Fear and envy over the fact that a... Read More
The ‘Traitor of the Year Award’
Introduction: While the Right faithfully supports the policies and interests of its ruling class supporters, the Left has systematically betrayed their political platform promises and deceived its working class, salaried employees, small business and regional supporters. Historic reversals have happened in rapid succession by Leftist leaders, including greater oligarch control over the economy, more dictatorial... Read More
KIM BROWN: Welcome to The Real News Network in Baltimore. I'm Kim Brown. Donald Trump promised repeatedly to, "Drain the swamp," during his presidential campaign, his vow to end the cycle of corruption within the Federal government. All while touting his own experience as a businessman, as reason enough for him to be Commander-in-Chief. Yet,... Read More
In 2008, the American people voted overwhelmingly for change. They never got it. Hence, Trump. To pretend there's no connection between Obama's failed presidency and the subsequent rise of Donald John Trump, is to ignore the obvious and shrug off responsibility for the situation the country is in today. Obama created Trump, the man didn't... Read More
On several occasions I have asked in my columns the rhetorical question: What became of the left? Today I answer my question. The answer is that the European and American left, which traditionally stood for the working class and peace (bread and peace) no longer exists. The cause championed by those who pretend to be... Read More
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It’s Time for the Clintons, Rubin to Go – and Soros too
In the week leading up to last Tuesday’s election the press was busy writing obituaries for the Republican Party. This continued even after Donald Trump’s “surprising” victory – which, like the 2008 bank-fraud crash, “nobody could have expected.” The pretense is that Trump saw what no other politician saw: that the economy has not recovered... Read More
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An American Version of Class Struggle
Arising from the shadows of the American repressed, Bernie Sanders and Donald Trump have been sending chills through the corridors of establishment power. Who would have thunk it? Two men, both outliers, though in starkly different ways, seem to be leading rebellions against the masters of our fate in both parties; this, after decades in... Read More
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Distortion, Fabrication and Falsification in the Financial Press
Introduction: 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... Read More
Category Classics
Confederate Flag Day, State Capitol, Raleigh, N.C. -- March 3, 2007
The sources of America’s immigration problems—and a possible solution
An alliance of pro-immigrant Democrats and anti-immigration Republicans could finally fix our broken system
Not What Tom Jefferson Had in Mind