neoliberalism

Neoliberalism Has Met Its Match In China

Donald Trump and Chinese President Xi Jinping (Andy Wong/AP)
When the Federal Reserve cut interest rates last week, commentators were asking why. According to official data, the economy was rebounding, unemployment was below 4% and gross domestic product growth was above 3%. If anything, by the Fed’s own reasoning, it should have been raising rates.

India’s Tryst with Destiny

Today, we are in the grip of a globalised system of capitalism which drives narcissism, domination, ego, anthropocentrism, speciesism and plunder. A system that is using up oil, water and other resources much faster than they can ever be regenerated. We have poisoned the rivers and oceans, destroyed natural habitats, driven wildlife species to (the edge of) extinction and have altered the chemical composition of the atmosphere with seemingly devastating effects.

Greece:  Suicide or Murder?

Pundits from the left, from the right and from the center cannot stop reporting about Greece’s misery. And rightly so because the vast majority of her people live in deep economic hardship. No hope. Unemployment is officially at 18%, with the real figure closer to 25% or 30%; pensions have been reduced about ten times since Syriza – the Socialist Party – took power in 2015 and loaded the country with debt and austerity. In the domain of public services, everything that has any value has been privatized and sold to foreign corporations, oligarchs, or, naturally, banks.

Putin Challenges Malthusians: Fusion Energy Is a National Priority for Russia

At a July 9 speech to the 2nd Global Manufacturing and Industrialization Summit in Yekaterinburg, Russia, President Putin presented a brilliant intervention into the visionless anti-growth (and anti-human) ethic characteristic of the neo-liberal world order when he made Russia’s leadership in fusion energy a national priority.

Trump’s Attack against Immigrants Meets Resistance

Photo Credit:  Bill Hackwell
Nearly 800 events took place this weekend across the United States organized by grassroots organizations including religious sectors, community groups, students, labor and many individuals who had had enough of the Immigration Customs Enforcement (ICE) raids taking place in working and poor communities against immigrants and Trump’s concentration camps on the border with Mexico.