capitalism

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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Capitalism is Not Your Friend

The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. — Karl Marx and Friedrich Engels, The German Ideology, (1932) If you stick a knife in my back nine inches and pull […]
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Authoritarian Monsters Wreak Havoc on Our Freedoms

You see them on the street. You watch them on TV. You might even vote for one this fall. You think they’re people just like you. You’re wrong. Dead wrong. — They Live We are living in an age of mayhem, madness and monsters. Monsters with human faces walk among us. Many of them work […]
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Will India Survive as a Democracy ? : Ashutosh

The 11 th lecture in the Democracy Dialogues Series organised by New Socialist Initiative was delivered by Ashutosh, TV anchor, columnist, author and co-founder of satyahindi.com at 6 PM ( IST), Sunday, 31 st October 2021. Mr Ashutosh spoke on ‘Will India Survive as a Democracy ?’A highly acclaimed journalist and TV News Anchor, a reputed Columnist, … Continue reading Will India Survive as a Democracy ? : Ashutosh →

Goodbye Mr Marx

Darren Allen Audio Version New Feature! Many of the problems with socialism, both official and unofficial, in fact many of the problems with the world, can be traced back to Karl Marx. Not that all leftists are, say, Marxist materialists — many today are idealists (e.g. pacifistic Buddhists) — nor that all leftists are uncritical …

Manufacturing Ignorance: Keeping The Public Away From Power

In their classic book on the news media, Manufacturing Consent, Edward Herman and Noam Chomsky presented a ‘propaganda model’ of how the major broadcasters and newspapers operate. Whereas the ‘mainstream’ media declare that their aim is to educate, inform and entertain the public, their actual societal purpose ‘on matters that are of significance for established […]

US billionaire wealth increased 70 percent since the start of the pandemic

The wealth of US billionaires has increased by a massive $2.1 trillion, or 70 percent, since the onset of the coronavirus pandemic, while tens of millions of working people have faced unemployment and illness, and 724,000 have died from COVID-19. Additionally, the list of American billionaires grew by 131 individuals—going from 614 to 745—during the same period. According to an[Read More...]