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The choice in the elections is between corporate and oligarchic power. Corporate power needs stability and a technocratic government. Oligarchic power thrives on chaos and, as Steve Bannon says, the “deconstruction of the administrative state.” Neither are democratic. They have each bought up the political class, the academy and the press. Both are forms of... Read More
Capitalism is irredeemably destructive, warns George Monbiot. So why is he shilling for the Guardian, when its role is to create bipartisan support for crushing the anti-capitalist, anti-war left? Chris Hedges hosts a very interesting discussion with Guardian columnist George Monbiot on his new book about capitalism and its modern incarnation, neoliberalism. Monbiot rightly sees... Read More
NIMA: So nice to have you, Michael. And let's get started with an article in Bloomberg, it says that the United States is concerned about the strengthening ties between Russia, China, Iran, and North Korea. And Richard, should they be concerned about this? RICHARD WOLFF: I think so, yes, they should be concerned. Whatever in... Read More
Source: @ChrisUnits on X Proponents of abolishing inheritance include many leftists, from French socialist economist, Thomas Piketty, to the Jacobin’s Ben Burgis, on standard wealth redistributionist or equity grounds. Basically, that privilege is bad so we must eliminate all privilege. There are also concerns about racial inequities in inheritance, such as arguments that repealing the... Read More
The newly elected president of Argentina, Javier Milei, describes himself as an “anarcho-capitalist Austrian economist, and libertarian.” Since no person thus identified has ever been elected to the presidency of a major nation anywhere before, the ordinary reader may not be familiar with these terms. We shall outline the meaning of these terms, because knowing... Read More
The academic world has been buzzing with arguments seeking to explain the origins and mechanism of Jewish power in the modern West. The question is rife with landmines and one side of the debate is heavily stifled. One theory gaining traction, promoted by figures such as Richard Hanania and Cambridge lecturer Nathan Cofnas, is that... Read More
Robinson: I’m from Chicago, and when I saw that you went to the University of Chicago Lab School, which I know quite well, and then the University of Chicago, which I also know quite well—and when the Chicago School of Economics was promoting the free market and probably in its heyday….I immediately found myself wondering:... Read More
ANIA: Hello everyone, welcome back to my channel. It looks like we are live and we are a few seconds before time, so a little bit better than Swiss precision. Today I have for the second time a very, very special guest. Many of you have been anticipating this conversation with Professor Michael Hudson, who... Read More
During the Cold War, the overall sense was that the West was about freedom, about having a good time and being 'cool'. Not everything was politicized. In contrast, the communist world was seen as overly political, with ideology shaping and coloring just about everything. This was especially true of Stalinist USSR and China of the... Read More
ZOG (Zionist Occupied Government) is an antiquated term. It implies the existence of nation-state governance. Today’s US is an amalgamation of corporations and parasitic financial institutions largely run by Rothschild Zionists. America isn’t a nation, it’s a corporate empire, or more accurately- ZioCorp. First a disclaimer. When I use terms like “ZOG” or “ZioCorp,” I... Read More
Communism is both radical and conservative in spirit, hardly surprising as it's a deeply moralistic ideology that developed in reaction to the revolutionary upheavals of capitalism. Remember that Karl Marx himself recognized capitalism as the most transformative system developed by mankind. It was most extreme and 'radical' in changing all forms of human relations and... Read More
Transcript of Interview on The Left Lens with Danny Haiphong May 25th, 2022 DANNY HAIPHONG: Good afternoon, everyone. Happy Wednesday, May 25th, welcome to the stream, to another left lens. Today we have a very special guest so as you’re coming in make sure you are liking the stream sharing it, make sure that you... Read More
This was the Christmas my young daughter finally cornered me into admitting that Father Christmas doesn’t exist. I felt a small pang of regret that she had taken another step towards graduating into the less colourful world of adulthood, but also a larger sense of relief that I could now stop lying to her. What... Read More
Mark Levin’s new best-seller American Marxism contains some essential truths but leads to a dead end [Mark Levin’s ‘American Marxism’ Sells 1 Million Copies In First 10 Weeks, by Alana Mastrangelo, Breitbart, September 23, 2021]. Levin wants to save “our institutions” but misses that those institutions are already on the other side (witness their overwhelming... Read More
As President Biden continues his predecessor’s New Cold War on China, it is clear that the pandemic has vastly accelerated the on-gong shift in the international balance of power, away from the US and towards China. For former US Treasury Secretary, Lawrence Summers, it was likely a ‘hinge of history’: ‘[i]f the 21st century turns... Read More
The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done? In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an... Read More
The political economy of the Digital Age remains virtually terra incognita. In Techno-Feudalism, published three months ago in France (no English translation yet), Cedric Durand, an economist at the Sorbonne, provides a crucial, global public service as he sifts through the new Matrix that controls all our lives. Durand places the Digital Age in the... Read More
Here is a word that risks deterring you from reading on much further, even though it may hold the key to understanding why we are in such a terrible political, economic and social mess. That word is “externalities”. It sounds like a piece of economic jargon. It is a piece of economic jargon. But it... Read More
An interesting accompaniment to Nathan Cofnas’s 2018 attempted debunking of Kevin MacDonald’s work on Jews was the subtle resurfacing of Steven Pinker’s claim that a more plausible theory of the Jewish historical experience can be found in “Thomas Sowell’s convincing analysis of ‘middleman minorities’ such as the Jews, presented in his magisterial study of migration,... Read More
[Intro] Welcome to the Knowledge Problem Podcast, the objective of this podcast is to engage policy professionals over thought provoking and sometimes sensitive topics. We aim to bring these professionals together in a way that does not feed the tribalistic narratives plaguing society today. It is my hope and the hope of all involved in... Read More
I recently wrote a long movie review (sort of) that focused on Wall Street stories that airbrush Jews out of the picture and instead create the impression that plain old goy males are responsible for all kinds of financial nastiness when dealing with sums over, say, a hundred million dollars (and MUCH more). The review... Read More
This is an essay on anti-Semitism, but because it’s also about Slavoj Žižek we’re going to have to start with the subject of extra-marital affairs. Very early in my academic career, I was asked to take part in a cross-faculty seminar, where PhD students could present small talks on the development of their research. As... Read More
Some aspects of the American style of competition become more clear when placed in a broader context, in this case the underlying socio-economic system, so let’s take a quick look at the difference between capitalism and socialism. For at least the past 100 years Americans have been taught to hate and fear socialism and socialist... Read More
I can think of only one thing which unites Adolf Hitler and Noam Chomsky: a shared contempt for and critique of capitalist mass-media democracy. Concerning Hitler’s speeches, we usually think of rapturous exhortations to his party-comrades. However, the Führer could sometimes strike a more pedagogical note. Such was the case in a December 1940 speech... Read More
Today there are reports of toxic algae blooms affecting the French Riveria, Lake Erie, and the Gulf of Mexico. See: , , and . Corporate farming is a huge contributor to toxic algae blooms. In days of old, farming was done intelligently. Every year part of the land was left fallow or planted with soil... Read More
Ecological economists, such as Herman E. Daly, stress that as the external costs of pollution and resource exhaustion are not included in Gross Domestic Product, we do not know whether an increase in GDP is a gain or a loss. External costs are huge and growing larger. Historically, manufacturing and industrial corporations, corporate farming, city... Read More
One of the most complicated and frustrating aspects of operating a global capitalist empire is maintaining the fiction that it doesn't exist. Virtually every action you take has to be carefully recontextualized or otherwise spun for public consumption. Every time you want to bomb or invade some country to further your interests, you have to... Read More
Beep, Beep, Beep, Beep, Beep . . . It starts at 6:30 AM and, together with numerous other stressful construction noises, goes through breakfast, lunch, cocktail hour and dinner. In south Walton county, construction crews are permitted to work from 7 AM until 7 PM six days a week Monday through Saturday. Residents miss the... Read More
The concept of “cognitive capitalism” was used by Yann Boutang in 2008 (modern economies are becoming more knowledge based), but I first heard it used by Heiner Rindermann in a somewhat different sense: cognitive ability is the cause of wealth. Heiner’s earliest mention of it in the title of a paper is one which we... Read More
The public denunciation by thousands of women and a few men that they had been victims of sexual abuse by their economic bosses raises fundamental issues about the social relations of American capitalism. The moral offenses are in essence economic and social crimes. Sexual abuse is only one aspect of the social dynamics facilitating the... Read More
Introduction The American welfare state was created in 1935 and continued to develop through 1973. Since then, over a prolonged period, the capitalist class has been steadily dismantling the entire welfare state. Between the mid 1970’s to the present (2017) labor laws, welfare rights and benefits and the construction of and subsidies for affordable housing... Read More
Introduction The US political and economic elites have always bragged that capitalism is far superior to socialism in terms of providing people’s personal welfare. They claim that citizens live longer, healthier and happier lives under capitalism. The debate between the supporters of the US Affordable Care Act or ‘Obamacare’ and its most vehement opponents under... Read More
(The following is based on a speech presented by Carl Horowitz at the most recent annual meeting of the H.L. Mencken Club, Baltimore, Maryland, November 3-4, 2017. It was orginally posted at NLPC.org ) Why are corporations, especially those that provide information technology, promoting radical politics? It’s a question one increasingly hears these days. And... Read More
I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment. In other words, capitalists make profits because their costs are externalized and born by others. In the US, society and the environment have... Read More
The undeniable success of Venezuela’s Hugo Chavez must have been especially aggravating to the world’s oldest billionaire, David Rockefeller, who died in his sleep last week at 101. The Rockefellers and their Standard Oil essentially ran Venezuela for decades, deciding on not just US ambassadors but Venezuela’s national policies. Until 1951 Standard Oil’s Venezuela branch... Read More
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
Prologue: In 2004 I wrote Brazil and Lula: Year Zero (Edifurb: Blumenau, Sao Paolo 2005), in which I presented my analysis of the Lula-Workers Party (PT) regime in Brazil undergoing a Grand Transformation with the first stage represented by the PT’s incorporation into a government apparatus led by of bankers and exporters (the agro-mineral elite).... Read More
To understand the arguments of capitalists against the minimum wage, follow the money. In all the thickets of pious reasoning about the merits of capitalism and the market, and of freedom of contract, and of allowing this marvelous mechanism to work its magic, and of what Adam Smith said, the key is the dollar. The... Read More
Introduction: Rightwing politics now dominate the globe. Broadly speaking, the Right can be divided into a US-centered rightwing bloc and a variety of anti-US rightwing regimes and social forces. The US-centered rightwing includes absolutist monarchies, like Saudi Arabia and the Gulf States and Jordan; neoliberal electoral regimes and opposition parties in the European Union and... Read More
Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties. For example, currently 3 million gallons of toxic waste water from a Colorado mine has escaped and is working its way down two rivers into Utah and Lake... Read More
On arrival in La Paz, Pope Francis was presented by Bolivian President Evo Morales with a wooden crucifix carved in the form of a hammer and sickle, the symbol of Lenin, Stalin, Mao and Fidel. Had Pope John Paul II been handed that crucifix, he might have cracked it over Evo's head. For John Paul... Read More
I admire David Ray Griffin for his wide-ranging intelligence, his research skills, and for his courage. Dr. Griffin is not afraid to take on the controversial topics. He gave us ten books on 9/11, and anyone who has read half of one of them knows that the official story is a lie. Now Griffin has... Read More
Introduction: The sweeping electoral victory of the Bharatiya Janata Party (BJP) in India is the latest expression of the world-wide advance of a new power bloc which promises to impose a New World Order harnessing ethno-religious fanaticism and narrowly trained technocrats to capitalist absolutism. The far-right is no longer at the margins of western political... Read More
Introduction: An examination of the social science scholarship over the past 60 years reveals few, if any, publications discussing ‘the class struggle’ in anything but theoretical expositions. Numerous books and professional articles have been written about ‘class’ – inequalities, culture, internal differentiation (gender, ethnicity etc.). Labor specialists have discussed strikes, protests and collective bargaining. Few... Read More
Capitalism and its defenders maintain dominance through the ‘material resources’ at their command, especially the state apparatus, and their productive, financial and commercial enterprises, as well as through the manipulation of popular consciousness via ideologues, journalists, academics and publicists who fabricate the arguments and the language to frame the issues of the day. Today material... Read More
Introduction: The economic, political and social outlook for the second decade of the 21st century is profoundly negative. The almost universal consensus, even among mainstream orthodox economists, is pessimistic regarding the world economy. Although, even here, their predictions understate the scope and depth of the crises, there are powerful reasons to believe that beginning in... Read More
General Propositions: Reprimarization of economy (Rep E) involves a shift from diversified import substitution industrialization to increased dependence on agro-mineral export. RepE is especially pronounced and embraced by center-left regimes (CLR) resulting from popular movements which overthrew neo-liberal regimes. RepE is promoted under the banners of anti-neoliberalism and even anti-imperialism even as CLR sign long-term... Read More
Introduction: From the Financial Times to the far left, tons of ink has been spilt writing about some variant of the “Crises of Global Capitalism”. While writers differ in the causes, consequences and cures, according to their ideological lights, there is a common agreement that “the crises” threatens to end the capitalist system as we... Read More
The class struggle continues to play a central role in the process of capitalist accumulation, albeit it takes different forms depending on the socio-economic context. In order to map out the unfolding of the class struggle it is necessary to specify key concepts related to the (a) varied conditions and dominant sectors of capital in... Read More
Each time I doubt that the National Review’s mavens could surpass themselves, I discover fresh evidence of their invincible ignorance. Being a man of little faith, I didn’t believe that Rich Lowry could say anything dumber than his 2003 remarks about the Spanish Civil War which revealed he had no idea who fought whom in... Read More