At Bagram air-base, Afghan scrap merchants are already picking through the graveyard of U.S. military equipment that was until recently the headquarters of America’s 20-year … America’s Afghan War Is Over, So What About Iraq – and Iran?Read more
Capitalism
The hunger virus multiplies
A year and a half since the Covid-19 pandemic began, deaths from hunger are outpacing the virus. Ongoing conflict, combined with the economic disruptions of … The hunger virus multipliesRead more
US overdose deaths hit record 93,000 in pandemic last year
Overdose deaths soared to a record 93,000 last year in the midst of the COVID-19 pandemic, the U.S. government reported Wednesday. That estimate far eclipses … US overdose deaths hit record 93,000 in pandemic last yearRead more
Central bank independence is a myth
What about green central banking? – op-ed in Green Central Banking Last week the ECB announced its new policy of ‘going green’. How can a … Central bank independence is a mythRead more
The Evolutionary Concept of Totality
Part 1 David Harvey. [youtube https://www.youtube.com/watch?v=4eSOalxz-H0&rel=0&feature=relmfu] Part 2 David Harvey [youtube https://www.youtube.com/watch?v=qDCxz2Hb6vk&rel=0&feature=relmfu]
Amazon “Profiting from This Pandemic”
To give some perspective on the scale of one of the largest warehouses on the East Coast, the JFK8 facility in Staten Island employs thousands, … Amazon “Profiting from This Pandemic”Read more
Techno-Feudalism Is Taking Over
This is how capitalism ends: not with a revolutionary bang, but with an evolutionary whimper. Just as it displaced feudalism gradually, surreptitiously, until one day … Techno-Feudalism Is Taking OverRead more
The Increasing Economic Value of Digital Capital
A firm’s financial statement comprises two distinct types of assets. Tangible assets are mostly physical in nature, and include vehicles, land, plants, equipment, and furniture, … The Increasing Economic Value of Digital CapitalRead more
Cook County Employees are on strike
Over 2,000 members of the Service Employees International Union (SEIU) Local 73 employed by Cook County—which includes the city of Chicago and over 100 of … Cook County Employees are on strikeRead more
At least 52 young workers perish in Bangladesh factory fire
In yet another shocking inferno, at least 52 mostly teenage workers died in a sweatshop factory, when a blaze engulfed a multi-storey food and beverage … At least 52 young workers perish in Bangladesh factory fireRead more