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Neoliberalism

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How can I write a review of Andre Vltchek’s new book Revolutionary Optimism, Western Nihilism? I am damned if I do, and damned if I don’t. Andre himself says that: “There is nothing to add to the writing of maverick revolutionary philosophers. Hands off their work! Let them speak! Editions without prefaces and introductions, please;... Read More
This week I was interviewed on Russian TV about the possible new anti-Russian sanctions that Washington is considering that would prohibit anyone in the entirety of the world from holding Russian government bonds. Think about this for a moment. Washington thinks that Washington has the right and the power to block sovereign countries and their... Read More
Introduction For decades and longer, the United States and Europe lectured and encouraged countries in Latin America, Africa and Asia to welcome and accept foreign investment as the virtuous path to modernization, growth and prosperity. With few notable exceptions western leaders and academics promoted unlimited flows of capital (and the outflows of profits). No section... Read More
Introduction Political leaders, media moguls and journalists have saturated the public throughout the world with claims and accusations that President Trump is destroying the World Order, undermining historic alliances, western values, the world trade organizations and violating national and international constitutions and institutions. In the United States, legislators, judges and leaders from both parties have... Read More
The recently elected neoliberal government of Mauricio Macri has decided to seek a $50 billion IMF credit line, which will only enable more capital flight for the upper class and greater unpayable debt for the rest of the population, says the economist Michael Hudson. SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries, coming... Read More
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Following the re-appointment of Medvedev and his more or less reshuffled government, the public opinion in Russia and abroad was split on whether this was a good sign of continuity and unity amongst the Russian leadership or whether this was a confirmation that there was a 5th column inside the Kremlin working against President Putin... Read More
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Introduction “Immigration” has become the dominant issue dividing Europe and the US, yet the most important matter which is driving millions to emigrate is overlooked is wars. In this paper we will discuss the reasons behind the massification of immigration, focusing on several issues, namely (1) imperial wars (2) multi-national corporate expansion (3) the decline... Read More
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For a generation, acceptance of the neoliberal doctrine “there is no alternative” has paralyzed politics in the West. If there is no alternative, what is politics to be about? The Authoritarian Center The traditional governing parties, center “left” and center “right” all follow the same neoliberal policies and constitute the self-designated “center”. Mainstream media enforce... Read More
Russian president Vladimir Putin’s speech at the St. Petersburg International Economic Conference last weekend shows the Russian government’s ensnarement by neoliberal economic policy. Putin defended globalism and free trade, and he warned that crisis will result from the breakup of the global system. In fact, crisis is the result of globalism and neoliberal economics. For... Read More
This is the lecture I would have given if I had been able to accept the invitation to address the St. Petersburg Economic Conference in Russia this weekend. Executive Summary: From the standpoint of Russia’s dilemma, this is an important column. Putin’s partial impotence via-a-vis Washington is due to the grip that neoliberal economics exercises... Read More
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Introduction President Trump cancelled his attendance at the Summit of the Americas meeting of all the 35 presidents of the region designed to debate and formulate a common policy. Trump delegated Vice President Michael Pence in his place. VP Pence a known nonentity with zero experience and even less knowledge of Latin America – US... Read More
French railroad workers
The Deep Meaning of the French Railroad Strikes
The current series of railroad strikes in France are portrayed in the media as “labor unrest”, a conflict between the government and trade union leaders, or as a temporary nuisance to travelers caused by the self-interest of a privileged category of workers. In Anglo-American media, there is the usual self-satisfied tongue-clicking over “those cheese-eaters, always... 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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Do you remember the terrible onslaught of the mainstream media on presidential candidate Donald Trump in 2016? Dozens of revelations about his fake hair, pussy grabbing, tax avoidance and what not; dozens of public polls proving that the nation wanted Hillary and hated Trump, opinion pieces convincing you that only racist white trash could think... 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
Is there anyone in Trump’s government who is not an imbecile? After years of endless military threats against Russia—remember CIA deputy director Mike Morell saying on TV (Charlie Rose show) that the US should start killing Russians to give them a message, and Army Chief of Staff Mark Milley threatening “We’ll beat you harder than... 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
Bravo Monsieur le president Macron! You have gotten off to a most impressive start. France’s five-year national depression – known as ‘morosité – has lifted and been replaced by a sense that the republic is not doomed after all. In fact, quite the contrary. France’s new 39-year old president has astounded nearly everyone. Like the... 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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The Winners-Take-All Regime of Emmanuel Macron
A ghost of the past was the real winner of the French presidential election. Emmanuel Macron won only because a majority felt they had to vote against the ghost of “fascism” allegedly embodied by his opponent, Marine Le Pen. Whether out of panic or out of the need to feel respectable, the French voted two... Read More
Reversing Five Decades of Working-Class Power
Introduction: Whatever has been written about President Emmanuel Macron by the yellow or the respectable press has been mere trivia or total falsehood. Media lies have a purpose that goes beyond Macron’s election. Throughout Europe and North America, bankers and manufacturers, NATO, militarists and EU oligarchs, media moguls and verbal assassins, academics and journalists, all... 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
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Introduction Every day and throughout the world we read and hear of turmoil, of threats, violence, divisions, wars for peace and peace for wars, freedom as oppression and oppression as freedom. In a world where words have lost their meanings and meanings have no words, how do we go about understanding turmoil? Surely, economies rise... Read More
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An article by Robert Berke in oilprice.com, which describes itself as “The No. 1 Source for Oil & Energy News,” illustrates how interest groups control outcomes by how they shape policy choices. Berke’s article reveals how the US intends to maintain and extend its hegemony by breaking up the alliance between Russia, Iran, and China,... Read More
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Brazil under Lula Da Silva 2003-2010
Introduction: Leftwing academics, writers and journalists have written tendentious articles where they manage to transform reactionary political leaders into working class heroes and present their dreadful policies as progressive advances. Recently, leftist pundits throughout US and Latin America have plagued the reading public with gross distortions of historical events contributing, in their own way, to... Read More
This does not mean that the Soros regime change racket and its multiple tentacles, in parallel to the Clinton machine-dominated DNC, will quit. Plan A – Maidan in the USA – is not exactly a winner among the masses. Thus Plan B – long-term harassment – was decided this past weekend at a summit in... Read More
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While the word was focused in rapt attention on the outcome of the US Presidential election, Vladimir Putin did something quite amazing – he arrested Alexei Uliukaev, Minister of the Economy in the Medvedev government, on charges of extortion and corruption. Uliukaev, whose telephone had been tapped by the Russian Security Services since this summer,... Read More
Without resorting too much to the wisdom of the ancient Greek myths, we have come to believe that states, regimes, movements and people finally will emerge to act as the inescapable agents of the justice leading to the downfall of the Western empire ‘Nemesis, Winged balancer of life, dark-faced goddess, daughter of Justice’ Introduction Seven... Read More
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Pre-mature Political and Military Ejaculations
Introduction: Wall Street and the Pentagon greeted the onset of 2016 as a ‘banner year’, a glorious turning point in the quest for malleable regimes willing to sell-off the most lucrative economic resources, to sign off on onerous new debt to Wall Street and to grant use of their strategic military bases to the Pentagon.... Read More
Will Trump pull a Brexit times ten? What would it take, beyond WikiLeaks, to bring the Clinton (cash) machine down? Will Hillary win and then declare WWIII against her Russia / Iran / Syria «axis of evil»? Will the Middle East totally explode? Will the pivot to Asia totally implode? Will China be ruling the... Read More
William Engdahl recently explained how Washington used the corrupt Brazilian elite, which answers to Washington, to remove the duly elected President of Brazil, Dilma Rousseff, for representing the Brazilian people rather than the interests of Washington. Unable to see through the propaganda of unproven charges, Brazilians acquiesced in the removal of their protector, thereby providing... Read More
The summit of the Non-Aligned Movement (NAM) came and went in Isla Margarita, Venezuela, virtually invisible to Western corporate media. NAM nowadays congregates every African nation except South Sudan; most of Latin America – except Brazil, Argentina and Mexico (they are observers); and most of Asia and the Middle East (China is an observer). So... Read More
Introduction: Amid raging corruption, social pathologies and outright political thuggery, a new gang of vassal regimes has taken-over Latin America. The new rulers are strictly recruited as the protégé’s of US financial and banking institutions. Hence the financial press refers to them as the “new managers” - of Wall Street. The US financial media has... Read More
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Neoliberalism, Interventionism, the Resource Curse, and a Fragmenting World
We live in an age of disintegration. Nowhere is this more evident than in the Greater Middle East and Africa. Across the vast swath of territory between Pakistan and Nigeria, there are at least seven ongoing wars -- in Afghanistan, Iraq, Syria, Yemen, Libya, Somalia, and South Sudan. These conflicts are extraordinarily destructive. They are... Read More
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GREGORY WILPERT, TRNN: Welcome to the Real News Network. I'’m Gregory Wilpert, coming to you from Quito, Ecuador. Britain'’s referendum in favor of leaving, or exiting, the European Union, the Brexit referendum, as the results are known, won with 52 percent of the vote on Thursday, June 23, stunning Europe’s political establishment. One of the... Read More
So the annual Bilderberg meeting placidly came and went behind heavily secured doors (and fence) at the Hotel Taschenbergpalais Kempinski in Dresden – conveniently upstaged by the murky story of a US-born Muslim and registered Democrat, with a steady job in global security firm 4GS and no previous criminal record, suddenly converting into an alleged... Read More
The stakes could not be higher. Not only the future of the BRICS, but the future of a new multipolar world is in the balance. And it all hinges on what happens in Brazil in the next few months. Let’s start with the Kafkaesque internal turmoil. The coup against President Dilma Rousseff remains an unrivalled... Read More
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Introduction: What does it mean when the US and British financial systems launder hundreds of billions of dollars of illicit funds stolen by world leaders while their governments turn a ‘blind eye’, and yet the very same Anglo-American officials investigate, prosecute, fine and arrest officials from rival governments, rival banks and political leaders for corruption?... Read More
The gloomy and repulsive night when the female president of the 7th largest economy in the world was the prey of choice fed to a lynch mob of hyenas in a drab, provincial Circus Maximus will forever live in infamy. By 367 votes for and 137 against, the impeachment/coup/regime change-light drive against Dilma Rousseff cleared... Read More
Brazilian creativity knows no bounds. A popular, viral neologism perfectly defines what is going on in the 7th largest economy in the world: golpeachment – a mix of coup («golpe», in Portuguese) and impeachment, as applied to the current institutional circus farce thoroughly supported by US neocons, the military-industrial complex, and Wall Street financial interests,... Read More
The gloomy and repulsive night when the female President of the 7th largest economy in the world was the prey of choice fed to a lynch mob of hyenas in a drab, provincial Circus Maximus will forever live in infamy. By 367 votes for and 137 against, the impeachment/coup/regime change-light drive against Dilma Rousseff cleared... Read More
It took only 3 minutes for a bunch of lowly crooks – more known for excelling in corruption than competent administration – to (literally) throw young but vibrant Brazilian democracy to the dogs. With no votes counted, so traitors would not be publicly identified, the centrist Brazilian Democratic Movement Party (Partido do Movimento Democrático Brasileiro... Read More
Introduction: The class struggle from above found its most intense , comprehensive and retrograde expression in Argentina, with the election of Mauricio Macri (December 2015). During the first two months in office, through the arbitrary assumption of emergency powers, he reversed, by decree, a multitude of progressive socio-economic policies passed over the previous decade and... Read More
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NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists and neoliberal economists. The Saker provides some specific names. Among the Fifth Columnists are the Russian Prime Minister, head of the Central Bank, and the... Read More
Facing the gleaming Doha skyline on a Persian Gulf winter carries the merit of a panoramic perspective. Most nations around it are going into melt down and the remaining ones – with the exception of Iran – exhibit neither the political leadership nor the economic and institutional infrastructure to do anything other than to meekly... Read More
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As Russia and Asia move to circumvent the stranglehold of an aging, U.S. dominated international financial and legal system with its promise of endless austerity and privatization by foreign investors, the IMF and World Bank double-down by making it more difficult for them to transact business and administer credit. A nightmare scenario of U.S. geopolitical... Read More
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Introduction: Pundits and commentators on the Left and Right are pronouncing ‘the end of the progressive cycle in Latin America’. They cite the recent presidential elections: 1. Argentina, where hard-right Mauricio Macri was elected; 2. Brazil, where President Dilma Rousseff has appointed a neo-liberal ‘Chicago Boy’ economist, Joaquin Levy, as Finance Minister and launched an... Read More
Introduction:The post neo-liberal regimes which flourished in five Latin American countries in the first decade of the 21st century were a product of three inter-related historical processes. The breakdown of the neo-liberal development model, which in turn ignited mass popular movements for radical political-economic transformations; the incapacity of the mass movements to produce a viable... Read More
Introduction: The Brazilian working class is facing the most savage assault on its living standards in over a decade. And it is not just the industrial workers who are under attack. The landless rural workers, public and private salaried employees, teachers and health professionals, the unemployed and the poor are facing massive cuts in income,... Read More
US President Barack Obama's State of the Union (SOTU) address was a somewhat surrealist spectacle. Way beyond avalanches of PR spin, the US government for a long time has not exactly done wonders for the public good. So as it advertises itself in front of a dysfunctional US Congress dismissed as repellent by an overwhelming... Read More
Category Classics
How America was neoconned into World War IV
The “war hero” candidate buried information about POWs left behind in Vietnam.
Shouldn't they recuse themselves when dealing with the Middle East?
Which superpower is more threatened by its “extractive elites”?