(2022-05-19). How Europe Was Pushed Towards Economic Suicide. popularresistance.org As Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, wrote in early February, before Russia's intervention in Ukraine: | America no longer has the monetary power and seemingly chronic trade and balance-of-payments surplus that enabled it to draw up the world's trade and investment rules in 1944-45. | The threat to U.S. dominance is that China, Russia and Mackinder's Eurasian World Island heartland are offering better trade and investment opportunities than are available from the United States | The most glaring example is the U.S. drive to block Germany from authorizing the…
(2022-05-19). We Have More in Common with Cuba than We Think. orinocotribune.com By Danaka Katovich  ; May 13, 2022 | The American working class and Cubans both face an important task: demanding dignity from the imperial core that constantly works to undermine our right to life. | A week ago I returned to the United States from Cuba where I got to spend International Workers' Day with 100 other young organizers from the U.S. alongside over 700,000 other people who celebrated in Havana that day. With the International People's Assembly of North America, we spent a week learning about the Cuban socialist project and how the blockade imposed by the United States impacts life in Cuba. | For th…
(2022-05-19). Caribbean Asks For Reparations. popularresistance.org Despite the COVID-19 pandemic on September 26, 2020 during the General Debate of the 74th session of the United Nations General Assembly the Prime Minister of Saint Vincent and the Grenadines Ralph Gonsalves said that […] the international campaign for reparatory justice, widely promoted by governments across our Caribbean Community and by social activists within the industrialized metropoles, must form part of any serious efforts to achieve the sustainable development agenda […]. | On November 3, 2020 during the "Peacebuilding and sustaining peace" debate organized by the United Nations Security Council the…
(2022-05-19). When saviours are the problem. mronline.org 
SYDNEY and KUALA LUMPUR: Central bank policies have often worsened economic crises instead of resolving them. By raising interest rates in response to inflation, they often exacerbate, rather than mitigate business cycles and inflation.
(2022-05-19). The ruling class in Australia. mronline.org 
Who rules Australia? The politicians, the ultra-wealthy class of capitalists or the high-powered bureaucrats who run the state—the military generals, court justices, heads of government departments and so on? The answer is all three. Together, they make up the Australian ruling class.
(2022-05-19). What is the fetishism of commodities? mronline.org 
I was asked by a few comrades to explain Marx's concept of the fetishism of commodities, and with that, the main ways it has been misunderstood by both mainstream bourgeois academia and by well-meaning Marxists. The following short reflection attempts to do just that.
(2022-05-19). How The Construction Industry Preys On Workers Newly Released From Prison. popularresistance.org Bernard Callegari, a member of the Construction and Building Laborers' Local 79 union in New York City, argues that every laborer in his craft jurisdiction deserves to work safely, with dignity and a fair wage. This is why he knew the union needed to take action when its members began to notice that a particular kind of worker was being taken advantage of in the local construction industry. | "We noticed that there was a huge upswing in the workforce that was being used by these body shops, that they were focusing on and targeting the formerly incarcerated as a workforce to be exploited," said Callegari. This con…
(2022-05-19). The results are in after four years of the IMF agreement in Argentina. peoplesdispatch.org The entire loan was used to finance the foreign exchange crisis and did not help to fight inflation, stabilize the dollar or overcome inflation.
(2022-05-19). Globalization: Inequality in the Global Plantation. orinocotribune.com Editorial note: Orinoco Tribune does not generally publish articles that are over 10 days old. However, in this case an exception is being made, as the subject matter of the following piece remains as significant today as at the time of its publication. | By Prince Kapone  ; Mar 22, 2013 | The current crisis of neoliberal capitalism has given rise to much resistance across the world, from the Occupy Wall Street movement in the U.S. to the political revolutions in the Middle East and North Africa. As capitalist regimes everywhere impose austerity measures on their populations, reducing the capitalist state to n…
(2022-05-19). Brooklyn's Maison Jar Is One Of Many New Zero-Waste Grocery Stores. popularresistance.org At Maison Jar — a new grocery store located in Greenpoint, Brooklyn in New York City — silos of dry goods line one wall. Dried beans, grains, pasta, nuts, and coffee are beside bins of cooking staples like flour, baking soda, baking powder, and sugar. A refrigerator on the wall opposite holds industrial-sized jars of olives, racks of eggs, and metal trays of fresh produce, and a freezer is stocked with plastic bins of frozen fruit and vegetables. Prepared snacks like dried mangos, wasabi peas, gummy bears, and chocolate-covered nuts fill glass jugs on the center tables.
(2022-05-19). Billionaire Crypto Founder Of FTX Exchange: Bitcoin Has No Future As A Payments Or Scaling Network. moguldom.com Sam Bankman-Fried, the 30-year-old billionaire founder of crypto exchange FTX and one of the most prominent executives in the crypto-sphere, said he believes Bitcoin does not have a future as a payment network. Bitcoin's proof-of-work system, which validates transactions on the world's largest blockchain, is not capable of being scaled up to deal with millions …