capitalism

  Let us call it ‘sudden death’ football style – even though, strictly speaking, there was no ‘tie’. Yet, even the highly frayed but continued existence of the earlier Nehruvian legacy (our version of the welfare state) had provided a kind of buffer that had kept in place an intricate balance between labour and capital. … Continue reading Working Class Movement and ‘Sudden Death’ of the 1980s – Challenges For Rebuilding the Left II →

The ultimate end of all revolutionary social change is to establish the sanctity of human life, the dignity of man, the right of every human being to liberty and well-being.
— Emma Goldman, My Further Disillusionment with Russia, 1924

Orientation

The sacking of Rebecca Long-Bailey from the UK shadow cabinet – on the grounds that she retweeted an article containing a supposedly “antisemitic” conspiracy theory – managed to kill three birds with one stone for new Labour leader Keir Starmer.

On June 2, 2020, Jan Dehn of Ashmore Investment Management Limited remarked:

If central banks were to allow asset prices to reflect the actual underlying fundamentals – record levels of debt, record low productivity growth, record unemployment, record populism – the resulting crashes in financial markets would be so large that most Western economies would be plunged into deep and lasting depressions.1

“White” in radical parlance means anyone of any race, creed, nationality, color or sex, who embraces capitalism, free markets, limited government, and American traditional culture and values. “The issue is never the issue. The issue is always the revolution.”

The deregulation of international capital flows (financial liberalisation) has effectively turned the planet into a free-for-all bonanza for the world’s richest capitalists. Under the post-World-War Two Bretton Woods monetary regime, nations put restrictions on the flow of capital. Domestic firms and banks could not freely borrow from banks elsewhere or from international capital markets, without seeking permission, and they could not simply take their money in and out of other countries.

Before I start, a request:    Friends who are reading this, if you are close to Noam Chomsky, Amartya Sen, or Soumya Swaminathan, or the other left-liberals who appear in the Kerala government-sponsored talk series from outside Kerala, please do forward this to them? I hope to reach them.   The Left government in Kerala … Continue reading Why does the Left in Kerala fear Rehana Fathima and not COVID- 19? →

Hundreds of people are unnecessarily dying every day with African Americans representing a disproportionate number of those deaths. 80 million people are now without health coverage, millions are unemployed, over the next two months evictions will resume with an expected explosion of homelessness. And what is the response from the state that is tasked with the responsibility to promote and protect the fundamental human rights of its population?

Colin Todhunter The deregulation of international capital flows (financial liberalisation) has effectively turned the planet into a free-for-all bonanza for the world’s richest capitalists. Under the post-World-War Two Bretton Woods monetary regime, nations put restrictions on the flow of capital. Domestic firms and banks could not freely borrow from banks elsewhere or from international capital …