Economy/Economics

US-China Relations: The Pentagon versus High Tech

Step by step, Washington is inexorably setting up a major provocation against China. Until now, the Obama regime tightened a military encirclement of China, expanding its armed forces agreements with Japan, the Philippines and Australia. In addition, it has promoted the Trans-Pacific Partnership Agreement (TPP), a regional trade agreement which openly excludes China.

Two Suns in the Sunset

As a fifth-grader my history teacher gave me and one of my classmates an extra task, one might say a riddle. I believe the reason was that there was a certain kind of rivalry between us as to who “knew more” in class. In any case in the days before the Internet, anything we thought we knew came from class or books– remember them? The question was “what does ‘e = mc2‘ mean? A couple of days later he asked us for our answers. My classmate, Richard, said he could not complete the task because he could not find the Roman numeral “e”.

California Burning

The metaphors are too ripe. California, symbol of limitless abundance, material wealth, possibilities for personal transformation. California, the impossibly over-endowed beauty, who wins all the contests, to the bitter envy or sycophantic admiration of the average Joes and Janes. California, the consummate global destination for the millions of who are desperate for reinvention: sexual, political, economic. California – thanks to the limitless marketability of human desire, which built its gargantuan industry of dreams – the world’s avatar for the whole USA.

Overcoming Fabianism in Labour’s Class War of Attrition

Last week a new leader of the British Labour Party was chosen. Already the chimes can be heard from the belfries of thousands of Labour parishes, with coronation eulogies published in the journals of political dissent. The abdication of the Miliband dynasty would seem to herald the end of New Labour’s reign of terror begun when Thatcher acolyte, Anthony Charles Lynton Blair kissed hands in 1997.

Nasty Legacies

It was amusing to see Peter Baker refer to the Democratic Party legislators’ threat to President Obama’s possible “legacy” of the Trans-Pacific Partnership (TPP), often described in the media as a “free trade” agreement, although Baker here makes it only a “trade: deal” (“A Trade Deal And a Legacy,” New York Times, June 15, 2015).

Where’s the Missing Part, Naomi Klein?

The latest book by Naomi Klein is essentially a call to share the world’s resources, but its thesis on social transformation is missing a crucial factor: a profound awareness of the reality of hunger and life-threatening deprivation. While Pope Francis’ recent encyclical calls on us to prioritise this global emergency in our efforts to combat global warming, Mohammed Mesbahi proposes a people’s strategy for how we can finally end the moral outrage of extreme poverty amidst plenty.
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White and Guilty of the Crime of History?

…if you sit around and wait for the one who is in power to make up his mind that he should end it, you’ll be waiting a long time. And in my opinion the young generation of whites, blacks, browns, and whatever else there is, your are living in a time when there has to be a change…a better world needs to be built…And I will join in with anyone, I don’t what color he is, as long as he wants to change the miserable condition that exists on this earth.

Bjørn Lomborg: Climate Change Asylum Seeker

It has been stated that Bjørn Lomborga Danish economic analyst who has moonlighted as an environmentalist – the self-touted sceptical sort – may be one of the first climate change asylum seekers, a habitual castaway and ideological floater in need of mooring.  The mooring, however, is simply not coming.  “Lomborg has been rendered virtually ‘stateless’ as a political actor on climate since being defunded by the Danish government in 2012.”