Category Archives: Capitalism

UK: 10 Point Guide for Post-Brexit Resistance

13508995_1431907940168348_4782059488516918022_n   June 24, 2016

The statement of  Workers Solidarity Movement (Ireland)

Response to Brexit Leave Vote

1. The Brexit vote for the UK to leave the European Union demonstrates that even weak parliamentary democracy is incompatible with escalating neoliberal inequality. In the UK as elsewhere a tiny segment of the population have taken a larger and larger share of total wealth in the last decades. Particularly under austerity almost everyone else has seen their share of the wealth they produce decline massively.

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FRANCE: Why Euro 2016 is a festival of cash and football business

 June 10, 2016    Source: paris-luttes.info  

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Photo from Paris-Lutte.Info

    Little analysis of the Euro, its sponsors, its construction of hiperexpensive stadiums and its violations of labor law….

A few days before the start of the most awaited competition in the football world, voices are raised to denounce a competition eroded by money and partnerships between companies of big capital. Besides the threat of terrorist attacks and fights between hooligans, an appeal was spread by militants against the Labour Law to disrupt the Euro in the continuity of the social movement in progress. The sponsors of the competition include entities such as Adidas, Coca-Cola, Credit Agricole, Mc Donald’s, Continental, Orange, the French Games, UEFA, the FFF etc. to justify the text. Similarly, 42,000 police officers, 30,000 gendarmes and 13,000 mobilized vigilantes throw light on an event based on both the financialisation of football and ultra-security of public space (fan-areas and grandstands). Read the rest of this entry

Thatcher’s zombie ideology preying on our imagination

by Jerome Roos on April 9, 2013

Post image for Thatcher’s zombie ideology preying on our imaginationEven in death, Thatcher’s zombie ideology that “there is no alternative” will continue to feed on our imagination. The time has come to prove her wrong.

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Not Waving but Drowning: Precarity and the Working Class

Saturday, December 08 2012

In ‘Not Waving but Drowning: Precarity and the Working Class’, Mark Hoskins takes a critical look at the idea put forward by some academics and even parts of the anti-capitalist movement that the “precariat” is the revolutionary subject of our epoch. After examining the subjective conditions of the precarious subject today and comparing its objective conditions to those of the working class of the last century, he goes on to explore how these conditions relate to our end goal, a communist society and what lessons that can teach us in our attempt to get there. Read the rest of this entry

EGYPT: Politicizing Egypt’s economic reform

Posted by Emily Regan Wills – November 29

While the gradual meltdown of the Egyptian constitution-drafting process has been at center stage in Cairo over the past few months, the negotiations between the Egyptian government and the International Monetary Fund (IMF) for a $4.8 billion loan have rapidly become central to political conversations in Egypt. Egypt has a checkered past with the IMF. While it views Egypt as a success story for structural adjustment and privatization during the infitah, Anwar Sadat’s economic liberalization, and the Hosni Mubarak-era transition away from state ownership, the Egyptian public associates the IMF with the human downside of structural adjustment policies: unemployment, rising prices, and increasing poverty. Even the IMF’s own policy papers on Egypt now admit that the “social outcomes were unsatisfactory” during the 1990s and early 2000s. Read the rest of this entry

Jordan’s Protests: Political Economy, Protest, and Empire

Saleem Haddad  Posted  on Nov 22, 2012

“Erm, why do they have to, like, break stuff?,” a common complaint made against the protesters in Jordan. (Image by Nidal Elkhairy) Read the rest of this entry

Growth Is the Problem: By Chris Hedges

The ceaseless expansion of economic exploitation, the engine of global capitalism, has come to an end. The futile and myopic effort to resurrect this expansion—a fallacy embraced by most economists—means that we respond to illusion rather than reality. We invest our efforts into
bringing back what is gone forever. This strange twilight moment, in which our experts and systems managers squander resources in attempting to re-create an expanding economic system that is moribund, will inevitably lead to systems collapse. The steady depletion of natural resources, especially fossil fuels, along with the accelerated pace of climate change, will combine with crippling levels of personal and national debt to thrust us into a global depression that will dwarf any in the history of capitalism. And very few of us are prepared. Read the rest of this entry

Chris Hedges: Neo-feudalism or Revolution

Posted by Tell No Lies on June 20, 2011

Chris Hedges has written a provocative denunciation of the present apocalyptic trajectory of corporate capitalism and call for resistance. It is a bleak vision, not just of what capitalism has to offer, but of the prospects for effective resistance, much less revolution.

We reprint it here to encourage discussion of both its description of our present situation and its vision of what must be done. From Adbusters.

“But none of this is going to change until we turn our backs on the wider society, denounce the orthodoxies peddled in our universities and in the press by corporate apologists and construct our opposition to the corporate state from the ground up. It will not be easy. It will take time. And it will require us to accept the status of social and political pariahs, especially as the lunatic fringe of our political establishment steadily gains power as the crisis mounts.

“The corporate state has nothing to offer the left or the right but fear. It uses fear to turn the population into passive accomplices. And as long as we remain afraid, or believe that the formal mechanisms of power can actually bring us real reform, nothing will change. The game is over. We lost. … Do not expect them to take care of us when it starts to unravel. We will have to take care of ourselves. We will have to rapidly create small, monastic communities where we can sustain and feed ourselves. It will be up to us to keep alive the intellectual, moral and cultural values the corporate state has attempted to snuff out. It is either that or become drones and serfs in a global corporate dystopia. It is not much of a choice. But at least we still have one.”

* * * * * * * * Read the rest of this entry

Western bankers intensify global recession by financial terrorism

Western bankers are using weapons of mass financial destruction as the world is entering into global recession and depression, a financial analyst tells Press TV.