Daily Archives: December 7, 2021

2021-12-07: News Headlines

New Atlas (2021-12-07). The real reason for US aggression against China (opinion). newatlas.report December 7, 2021 (Angelo Giuliano — DotDotNews) — In 1945, the world woke up to a new reality, a new world order. The US had escaped World War II unscathed while Europe and Asia were completely destroyed. Throughout the war the US developed a massive industrial base to supply the war effort and its share of …

Anonymous Contributor (2021-12-07). LA Art and Music Festival Benefiting Mutual Aid Project A Success Despite Threats from Far-Right and Police. itsgoingdown.org Report on successful anarchist art and music festival in the so-called Los Angeles area. To support the Autonomous Anarchist Revolutionary Front's ongoing mutual aid project, go here. In October, the Autonomous Anarchist Revolutionary Front (AARF) reached out to LA Crust Printing (who is known to help mutual aid groups raise funds) for collaboration on an…

WSWS (2021-12-07). Australian Labor Party leader makes pro-business election pitch. wsws.org With the Liberal-National government disintegrating, Albanese presented Labor and the unions as the force that could best enforce the requirements of the Australian capitalist class.

WSWS (2021-12-07). Labor Party enforcing Australian ruling elite's criminal response to Omicron variant. wsws.org Victorian Premier Daniel Andrews declared: "We will not be pursuing an Omicron zero here… It might already be here."

Matthew Rozsa (2021-12-07). Sit-down strikes revolutionized the labor movement — could it happen again? zcomm.org At the height of American labor, seizing control of the means of production was a strategy — not just a slogan…

Ann Brown (2021-12-07). 5 Reasons Why Some Say Neoliberalism Is At The Root of America's Problems. moguldom.com To many, the U.S. seems in chaos. The economy is spiraling out of control, and inflation keeps rising. Race relations have been strained to the breaking point, and the atmosphere is just tense. So why now? "The current state of chaos and confusion is because the "policies of the past have failed," said Felicia Wong …

Tamanna Islam (2021-12-07). Blue Economy and the opening of new horizons in Bangladesh. moderndiplomacy.eu The sea is called the lungs of the earth. The land beneath the sea is a world full of diversity and abundance of life. Professor Gunter Pauli, an Australian citizen, gave the first idea of the huge economic potential. In 2010, at the invitation of the United Nations, the idea of formulating an environmentally friendly …

Peoples Dispatch (2021-12-07). Trade unions in Turkey call for demonstrations demanding revision in minimum wage. peoplesdispatch.org The Confederation of Progressive Trade Unions of Turkey has said that the current national minimum wage is not sufficient for workers to meet their basic needs amid rising prices and an economic crisis intensified by the COVID-19 pandemic…

Kester Kenn Klomegah (2021-12-07). Putin Stresses Broadening Economic Cooperation With African States. moderndiplomacy.eu Russian President Vladimir Putin has reiterated some aspects of Russia's foreign policy agenda when he received letters of credence from 20 foreign ambassadors, including seven from Africa, who had arrived in the country to begin their duty tour. The seven new African ambassadors are from Republics of Angola, Benin, Ghana, Guinea, Nigeria, Mauritania and Somalia. …

Newsroom (2021-12-07). World Bank Supports Cabo Verde to Build a Sustainable and Equitable Recovery. moderndiplomacy.eu The World Bank approved a $30 million Development Policy Financing Operation on December 6 to support the Government's efforts to strengthen policies for a sustainable, equitable, and greener recovery from the COVID-19 crisis in Cabo Verde. "As Cabo Verde is recovering from the largest economic contraction in history and leveraging the moment to embark in …

Yasmine Sherif (2021-12-07). Education Must Come First in Cameroon: Yasmine Sherif calls for an end to attacks on schools. moderndiplomacy.eu The future of humanity hangs in the balance. Acute threats of conflict, COVID-19, climate change, poverty, displacement, hunger and other factors are pushing millions more people — with children the most vulnerable and hardest hit — to the edge in humanitarian crises around the world. We can save humanity from these vast interconnected crises, including …

Staff (2021-12-07). As World Confronts Omicron Variant, Top 8 Pfizer & Moderna Investors Make $10 Billion in a Week. democracynow.org The eight top Pfizer and Moderna shareholders made over $10 billion last week when their stock holdings skyrocketed after the discovery of the new Omicron variant. This comes as global public health advocates warn the world will keep seeing more coronavirus variants unless wealthy nations and vaccine manufacturers do more to address vaccine inequity. "The companies that make the most are doing the least to share their technology," says Nick Dearden, director of Global Justice Now U.K., which is documenting Big Pharma's profits. "The priority is making enormous amounts of money for some of the richest people in th…

Karen Conner (2021-12-07). PREVIEW: What to Look for in the November Consumer Price Index. cepr.net The argument that the rise in the inflation rate we have seen this year will be transitory depends largely on the belief that the price increases in cars and many other durable goods will be reversed in the months ahead.

Guest Contributor (2021-12-07). Unorthodox Covid Views and Medical Regulation — Richard Smith. ukhumanrightsblog.com White v General Medical Council [2021] EWHC 3286 (Admin) (03 December 2021) A case in which the High Court reminds the regulator of requirements for imposing curbs on free speech. Dr Samuel White is a GP. Earlier this year he posted a seven minute video on Instagram explaining that he had resigned from his job …

Jim McIlroy (2021-12-07). NSW teachers strike, rally against staff shortages. greenleft.org.au Tens of thousands of teachers went on strike across New South Wales with rallies against staff shortages and for sustainable workloads and better wages. Jim McIlroy reports.

WSWS (2021-12-07). Stalinist Communist Party of the Philippines supports right-wing Robredo campaign. wsws.org The CPP has never in its fifty-year history mounted an independent political campaign. Election cycles are opportunities to strike an alliance with a faction of the ruling elite.

Editor (2021-12-06). The ecosocialist imperative. mronline.org Thirty years ago, climate modeling scientists predicted exactly the global events—massive wildfires, intensified tropical storms, flooding and droughts—that we're seeing right now.

Tanya Wadhwa (2021-12-06). Over 1.5 Million Bolivians March in Defense of Democracy. zcomm.org Over 1.5 million workers, women, students and peasants from across Bolivia joined the rally in the capital and expressed their approval of the national government of the ruling Movement Towards Socialism party…

_____ (2021-12-06). The Age Of Imperialism Is Not Over. popularresistance.org As the failure of COP26 sinks in, it is increasingly clear that our leaders have neither the courage nor the will to respond effectively to ecological breakdown. This is not surprising. The ecological crisis is being driven by capitalist growth, which is tearing through the living world at a staggering pace, with the rich states and corporations of the global North responsible for the vast majority of the damage. Responding to this crisis will require deep changes to the structure and logic of the world economy, and existing incumbents are clearly unable to take the necessary steps. | This leaves us with a series…

Mark Gruenberg (2021-12-06). Jobless rate drops in November to 4.2 percent, other numbers mixed. peoplesworld.org WASHINGTON —The U.S. unemployment rate dropped 0.4% in November, to 4.2%, the Bureau of Labor Statistics reported. But BLS, the Economic Policy Institute, and the Institute for Women's Policy Research all noted mixed numbers behind that positive decline. The number of unemployed declined by 542,000, to 6.877 million, BLS said. And there were 1.155 million …

Anonymous Contributor (2021-12-06). Why Anarchists Can't Be Absent From the New Wave of Labor Militancy. itsgoingdown.org Anarchists must push for self-organization, direct action and mutual aid in the midst of a wave of mass strikes, workers walking off the job, and growing anger at rising inequality. The month of October was the start of what has been called "Striketober" a massive wave of labor strikes across the so called United States….

_____ (2021-12-06). Governments Buy More Weapons In First Year Of COVID-19. popularresistance.org In 2020, when the global economy contracted over 3.1% due to the COVID-19 pandemic, global arms trade recorded an increase of 1.3%, as per latest data released by the Stockholm International Peace Research Institute (SIPRI) on Monday, December 6. The growth in arms trade, both domestic and international, reveals how governments worldwide chose to maintain or increase their spending on arms despite the economic hardships caused by the pandemic. | According to SIPRI, arms trade by the world's top 100 companies in the sector touched USD 531 billion in 2020, making it the sixth consecutive year of growth since 2015.

Isheka N. Harrison (2021-12-06). The Federal Reserve Is Tapering: What It Means And Why This Can Pop America's Speculative Asset Bubble. moguldom.com The U.S. Federal Reserve announced it would begin tapering in November — and it remained true to its word. Now the country's central bank has begun that process. But what exactly does tapering mean and how can its impact on the economy pop America's speculative asset bubble? According to Investopedia, "tapering is the theoretical reversal of …

Matt Sedlar (2021-12-06). CEPR Spotlight: Private Equity in Health Care. cepr.net CEPR co-director Eileen Appelbaum has become a recognized expert on how Private Equity has permeated all sectors of our economy. And nowhere is this practice more insidious than in health care.

Joris Leverink (2021-12-06). Anti-Capitalist Chronicles: Monopolistic Competition. roarmag.org Season 3, Episode 26 — Monopolistic Competition: | In this episode of ACC, Prof. Harvey speaks about monopolistic competition and its impact on market pricing and location. All monopolistic competition is spacial competition that creates a highly unstable economy and has a tendency to produce conglomerations in rich locations. | You can support this podcast on

_____ (2021-12-06). We Need A Peoples' Movement And Not The World Economic Forum. popularresistance.org Detroit, which remains a major industrial center in the sectors of automotive and other sources of production and services, is a focal point for the economic and social transformations of urban areas in the United States and internationally. | Since the 19th century, the city has been a location for various forms of manufacturing, mining and shipping. | Initially there was the strategic location linked to the Great Lakes and rivers which flow into them. The mining of copper during the mid-to-late 19th century which fueled migration eventually gave way to steam engine manufacturing for shipping and the timber trad…

Irina Imamur Nadia (2021-12-06). Bangladesh's Vaccine Policy: Cooperation beyond Geopolitical Lens. moderndiplomacy.eu Since its outbreak, the COVID-19 pandemic has led to unprecedented devastation to every nook and corner of the world. Not being just a cataclysmic health crisis, the pandemic is subtly but substantially reshaping social norms, economic systems, diplomacy way-outs, as well as global leadership and rivalry. As of now, experts believe that this deadly virus …

_____ (2021-12-06). David Stockman on the Consequences of Abolishing the Gold Standard. strategic-culture.org By David STOCKMAN | Before Alan Greenspan fell off the wagon in pursuit of government power, position, praise, and riches, in his 1966 speech, "Gold and Economic Freedom," he said the following: In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value… The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. | This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the…

Peoples Dispatch (2021-12-06). Governments buy more weapons in first year of COVID-19 boosting global arms trade. peoplesdispatch.org Data published by SIPRI for the year 2020 shows the world's top 100 weapons manufacturers increase their overall sales in comparison to previous years as governments chose to increase arms procurement despite COVID-19-related economic hardships…

WSWS (2021-12-06). Germany: Federal and state governments give the pandemic free rein. wsws.org Despite record infection rates and the spread of the highly contagious Omicron mutation, the policy of "profits before lives" continues, sacrificing tens of thousands more human lives in the interest of the financial markets.

_____ (2021-12-06). US Isn't Prepared For Climate Disasters That Push People Deeper Into Poverty. popularresistance.org Despite years of preparations, New Orleans Mayor Latoya Cantrell said there was no time to issue a mandatory evacuation order as Ida rapidly intensified into a powerful Category 4 hurricane. She urged city residents to "hunker down." Mass evacuations require coordination among multiple parishes and states, and there wasn't enough time. In several surrounding parishes, people were told to evacuate, but in low-lying and flood-prone areas, many residents couldn't afford to leave. | Hurricane Ida became the most destructive storm of the busy 2021 Atlantic hurricane season, which ended Nov. 30. It was one of eight nam…

imperial.ac.uk (2021-12-06). People from BAME and deprived groups more affected by Covid hospital disruption. imperial.ac.uk People from lower-income areas or from BAME backgrounds were less likely to access non-Covid-related hospital care during the pandemic.

WSWS (2021-12-06). Labour Mayor Sadiq Khan prepares to enforce historic Tory assault on London transport. wsws.org The cuts are so deep that by Transport for London's own admission they will push the capital's transport system into a state of "Managed Decline".

Kevin Mwanza (2021-12-06). Billionaire in China is Risky Business: 14 Were Executed by Government, 15 Murdered, and 17 Committed Suicide. moguldom.com The path of the wealthy in China is perilous and nothing can protect them from the arbitrary power of the Communist Party, according to an opinion piece published by the Financial Times (FT). Elites living in the country are vulnerable to disgrace, disappearances or even worse, a 2011 Forbes report titled "Friends don't let friends …

_____ (2021-12-06). Chris Hedges: American Satyricon. popularresistance.org The trial of Ghislaine Maxwell which began this week in Manhattan will not hold to account the powerful and wealthy men who are also complicit in the sexual assaults of girls as young as twelve Maxwell allegedly procured for billionaire Jeffrey Epstein. | Donald Trump, Bill Clinton, Bill Gates, hedge-fund billionaire Glenn Dubin, former New Mexico Gov. Bill Richardson, former Secretary of the Treasury and former president of Harvard Larry Summers, Stephen Pinker, Prince Andrew, Alan Dershowitz, billionaire Victoria's Secret CEO Les Wexner, the J.P Morgan banker Jes Staley, former Israeli prime minister Ehud Barac…

Moderator (2021-12-06). Hedges: American Satyricon. scheerpost.com By Chris Hedges / Original to ScheerPost | The trial of Ghislaine Maxwell which began this week in Manhattan will not hold to account the powerful and wealthy men who are also complicit in the sexual assaults of girls as young as twelve Maxwell allegedly procured for billionaire Jeffrey Epstein. | Donald Trump, Bill Clinton, Bill Gates, hedge-fund billionaire Glenn Dubin, former New Mexico Bill Richardson, former Secretary of the Treasury and former president of Harvard Larry Summers, Stephen Pinker, Prince Andrew, Alan Dershowitz, billionaire Victoria's Secret CEO Les Wexner, the, J.P Morgan banker Jes Staley…

Kevin Mwanza (2021-12-06). New Study: NFT Prices Are Manipulated by Few with Wash Trades (Artificial Demand). moguldom.com A new study has shown that Non-Fungible Tokens (NFT) prices are manipulated by few with wash trades, which artificially inflates the price of an asset by opening multiple accounts and trading with themselves. This behavior is not only fraudulent, but the artificial price inflation also results in end users purchasing the NFT asset at a …

Muhammad Amin Musa (2021-12-06). Thailand and Kon La Krueng Co-payment Scheme: A Challenge towards Sustainable Consumption. moderndiplomacy.eu The COVID-19 has impacted many people around the world, particularly the poor people who are unable to meet their fundamental needs through self-sufficiency. These hard times of the COVID-19, it has taught us that our world is becoming more complex and that we must be prepared for unexpected events, such as this severe pandemic. From …

Ann Brown (2021-12-06). West Hollywood Considers Financial Compensation For Redlining Against Black Residents. moguldom.com A city in Los Angeles may give reparations to Black residents who were victims of redlining. West Hollywood announced it is considering giving financial compensation to Black residents for housing discrimination that took place over the last century. The West Hollywood City Council aims to spend $100,000 on a historical context study to determine the …

teleSUR (2021-12-06). Bolivia To Repair The Relatives Of Senkata & Sacaba Victims. telesurenglish.net On Monday, Bolivia's Justice Minister Ivan Lima met with the relatives of the Senkata and Sacaba massacres' victims, who requested him to approve 13 reparation actions that include giving them financial compensation for the crimes and speeding the prosecution of perpetrators. | RELATED: | "It is necessary to repair these people, who suffered military violence during the Jeanine Añez's dictatorship (2019-2020)," Lima said, r…

Julia Rock (2021-12-06). Six Things They're Not Telling You About Inflation. dailyposter.com

teleSUR (2021-12-06). Argentina Approves Russian Single-Dose Vaccine Sputnik Light. telesurenglish.net The Ministry of Health of Argentina approved the Russian single-dose vaccine Sputnik Light as a standalone and booster vaccine against coronavirus, the Russian Direct Investment Fund (RDIF) announced from Moscow. | According to a statement from the RDIF, the Russian preparation was approved as a "standalone vaccine and booster dose" against the coronavirus. | RELATED: | The Russian fund recalled that Argentina was…

Anonymous Contributor (2021-12-06). Report Back from Disruption of Heartland Alliance's Holiday Brunch. itsgoingdown.org Report back on recent mobilization and disruption of the Heartland Alliance, a non-profit which imprisons migrant children in so-called Chicago. For a deeper dive, go here. On Sunday, December 5 at 10 AM, demonstrators gathered outside the Four Seasons Hotel in downtown Chicago to confront donors arriving at Heartland Health's annual holiday brunch. While Heartland…

Staff (2021-12-06). "Systemwide Failure": Gun Control Advocates Demand New Regulations After Michigan School Shooting. democracynow.org Funerals have begun in Oxford, Michigan, for the four students killed when their 15-year-old classmate opened fire in a rampage that also injured seven others. Ethan Crumbley has been charged with terrorism and first-degree murder, and his parents have also been charged with involuntary manslaughter for allegedly giving him access to a firearm even as he displayed obvious signs he was thinking about committing violent crimes. We're joined by Nicole Hockley, whose 6-year-old son Dylan was killed in the Sandy Hook Elementary School shooting, prompting her to found Sandy Hook Promise; and Kris Brown, president of Br…

teleSUR (2021-12-06). Myanmar Junta Sentences Suu Kyi To Four Years In Prison. telesurenglish.net On Monday, the Myanmar dictatorship sentenced Nobel Peace Prize Aung San Suu Kyi to four years in prison, accusing her of incitement against the Military and violation of COVID-19 regulations. | RELATED: | Using the Penal Code to justify the accusation of "incitement", the accusing court held that her political party, the National League for Democracy (LND), issued several public statements against the recognition of the Military Junta that took the po…

Amy Goodman (2021-12-06). Gun Control Advocates Demand New Regulations After Michigan School Shooting. truthout.org Funerals have begun in Oxford, Michigan, for the four students killed when their 15-year-old classmate opened fire in a rampage that also injured seven others. Ethan Crumbley has been charged with terrorism and first-degree murder, and his parents have also been charged with involuntary manslaughter for allegedly giving him access to a firearm even as he displayed obvious signs he was thinking about committing violent crimes. We're joined by Nicole Hockley, whose 6-year-old son Dylan was killed i…

Jenny Farrell (2021-12-06). Sally Rooney: In search of the Marxist novel. peoplesworld.org For the past weeks, successful 30-year-old Irish author Sally Rooney has been in the headlines. Following her refusal to grant the translation rights of her new novel Beautiful World, Where Are You (2021) to the Israeli Modan publishing house, 70 prominent authors have now backed her decision in a statement. In May of this year, …

Liberation Staff (2021-12-06). Garment workers win breakthrough legislation against sweatshop pay. liberationnews.org After years of organizing, California garment workers have won their fight to pass SB62 — the Garment Worker Protection Act. This bill bans the exploitative piece-rate system which has kept garment workers earning below minimum wage.

WSWS (2021-12-06). Australia: Sydney bus drivers strike over pay and conditions. wsws.org The industrial action reflects mounting anger as the city's bus service approaches full privatisation.

WSWS (2021-12-06). Union bureaucrats sell out Mississippi shipyard workers, force through contract extension. wsws.org Facing resistance from the rank and file, the Metal Trades Council and International Brotherhood of Electrical Workers released a leaflet threatening workers with dire consequences if they rejected the contract extension.

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