War Economy

COVID-19 as a Lesson in Humility: Gilbert Mercier on Radio Free Sunroot

This is a partial transcript of an interview of Gilbert Mercier with Kollibri Terre Sonnenblum, host of Radio Free Sunroot, on May 5, 2020. The following excerpt was transcribed by Kollibri. Kollibri: We’re at a point now with this pandemic where capitalism is facing a crisis, perhaps an existential crisis. Gilbert: To me, this is […]

How the Coup in Venezuela and the US Housing Crisis are Inextricably Connected

The United States economy is organized such that all commodities, including both weapons and housing, drive the lion’s share of profits upward, into the pockets of a wealthy elite class, at the expense of the masses of working people who generate those profits through their labor power. The functioning of this system in the interest of a tiny few at the expense of the many is made equally apparent by the orchestration of war against Venezuela by the U.S. ruling class and the orchestration of a massive housing crisis within U.S. borders by wealthy developers.

The EyeOpener Report- Debunking the “War is Good for the Economy” Myth

No, WWII Did Not End The Great Depression!
The idea that Great Depression was finally brought to an end by the onset of WWII has been staple of history textbooks, documentaries and various war propaganda for decades. This myth continues to be perpetuated to the present day. The idea that war is good for the economy is, needless to say, a fallacious argument which itself is based on incorrect economic data.
Find out more about the truth behind the war economy myth in this week’s EyeOpener report with James Corbett.