Economy/Economics

When Have We Seen This Before?

Fifty years ago, global capitalism came to a crossroads. The enormous costs of the US’s long, costly Asian war produced great debt and pressure on the gold-backed US dollar. The imperialist alliance with Israel brought a disruptive, unprecedented boycott on the part of the oil-producing nations resisting Israel’s occupation of Arab territories. Intense competition between […]
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Collusion: The End of Nature, Brought to us by Zoom

The only way to break through a totalitarian (lite) thinking is to continue using blunt force, or airy force, to expose this massive experiment in turning Americans into screen dwellers. The new ghetto is the screen. The lockdown might be lifted, physically, for the Covdians, but in the minds of these people, the world is […]
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Planning for a New, Better Future

As the world prepares to depart 2021 and head into 2022, it is clear that the United States is a declining economic power and that China continues its rapid upward trajectory. While homelessness and poverty sully the debt-laden US, China has eliminated extreme poverty. What is the American response to economic disparities domestically? Institute a […]
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Mainstream Economists Reject Economic Science

The “invisible hand” gives rise to a situation where it becomes natural and normal to conclude that no one knows how things work or what to expect. It renders the future unpredictable and unmanageable. Uncertainty and unpredictability become the norm because the economy as a whole is not under conscious human control. Different sectors and […]
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Nicaragua’s Elections: The Reality

The Nicaraguan elections are on November 7, 2021. The US government, the media that does its bidding, and even some self-described “leftists,” present a Nicaragua in “turmoil” and “crisis” – and the elections as a farce. These attacks against the Sandinista government also emanate from academics, intellectuals, and journalists with ties to the members of […]
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Turning Points, Contradictions, and Dynamics

Cuba will always remember your expressions of support, your permanent call for the lifting of the embargo…[My invitation to attend the Independence Day celebrations] has an immeasurably greater value in times in which we are suffering the ravages of a multidimensional war, with a criminal blockade opportunistically intensified in the middle of the COVID-19 pandemic […]

The West’s China Complex: Beijing as the Enemy and the Savior

“Could China’s economy collapse?” was the title of an October 15 article published by QUARTZ magazine. The article makes an ominous case of a Chinese economic crash and its impact on China’s and global economies. This is one of numerous reports appearing in recent weeks in Western mainstream media, all motivated by recently published economic indicators pointing […]

Bad Economic News: Reality Trumps Capital-Centered Anticonsciousness

For months, the ruling elite at home and abroad have used their media to incessantly repeat the nonsense that economies around the world are doing very well and rebounding nicely. Endless headlines from around the globe screamed wantonly about how economies everywhere were breaking all kinds of growth records and that everything looked bright and […]

No Substantive Economic Recovery In Sight

One of the fundamental economic laws under capitalism is for wealth to become more concentrated in fewer hands over time, which in turn leads to more political power in fewer hands, which means that the majority have even less political and economic power over time. Monopoly in economics means monopoly in politics. It is the […]
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