Why Canadians Should Support the Cross-Canada Campaign to Free Meng Wanzhou

by Ken Stone, published on Global Research, October 10, 2020 On September 28, 2020, Meng Wanzhou, Chief Financial Officer of Huawei Technologies and permanent resident of Canada, was forced to make yet another appearance in court in Vancouver where she faces possible extradition to the USA. The charges she faces if extradited to the USA, according to the “superseding indictment”[…]

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While the Stock Market is Booming, Jobs Report Hides Hunger

By G. Dunkel posted on Workers World, September 11, 2020 Getting enough food was hard for people working low-wage jobs before the pandemic. Now it’s harder, given the huge increase in unemployment — 29 million jobless workers now live off meager unemployment insurance. Millions without work are getting nothing, and more than 50 million people are “food insecure,” meaning they[…]

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Modern Monetary Theory (MMT) and the Power of the US Dollar in the World Economy, P1

by Stansfield Smith, published on the Orinoco Tribune, September 14. 2020 A primer on US Hegemony and the global economy.  Part 2 is HERE Modern Monetary Theory (MMT) has become popularized by some of the liberal-left because it offers an explanation how to achieve full employment, national health insurance, free college education, and the Green New Deal without raising taxes. Political[…]

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Why the US Can Keep Increasing its Debt and not Suffer Inflation, P2

by Stansfield Smith, published on the Orinoco Tribune, September 15, 2020 A primer on US Hegemony and the global economy.  Part 1 is HERE The US Still Dominates the World Economy The US ruling class has dominated the planet since the end of World War II. Key elements of this control include its military superiority in nuclear and conventional weapons,[…]

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In the Worst of Times, the Billionaire Elite Plunder Working Class America

by Nick Baker, published on Socialist Action, September 5, 2020 In the midst of a global pandemic, unprecedented economic collapse, mass unemployment, hunger and desperation, the stock market is booming and the richest of the rich are richer than ever before. Since March, more than 58 million people in the U.S. have filed for unemployment. The Internal Revenue Service now[…]

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Over 800 U.S. protests say ‘Defend the Postal Service!’

by Joe Piette, published on Workers World, August 25, 2020 Richard Wright was a postal worker in the early 1930s, before he joined the Federal Writers Project and became a renowned novelist. Two of his novels feature Black postal workers as the main characters, with perceptive descriptions of the special oppression of Black workers as they performed the repetitive tasks[…]

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Protecting Food From the Hungry

by Vijay Prashad, published on Consortium News,  August 21, 2020 Young children marvel at an obvious contradiction in capitalist societies: why do we have shops filled with food, and yet see hungry people on the streets? It is a question of enormous significance; but in time the question dissipates into the fog of moral ambivalence, as various explanations are used[…]

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Working-Class Demands in COVID Economy

Editorial, Workers World Editor, July 1, 2020 The International Monetary Fund issued a warning on June 24 that the global economy faces an even deeper downturn than it previously projected, greater than any since the 1930s Great Depression. While many economists warned earlier of a cyclical downturn in the world economy, the IMF blamed the current collapse on the coronavirus[…]

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How Racism Is an Essential Tool for Maintaining the Capitalist Order

by Richard D. Wolff, published on Brave New Europe, June 24, 2020 U.S. capitalism survived because it found a solution to the basic problem of its instability, its business cycles. Since capitalism never could end cyclical downturns and their awful effects, its survival required making those effects somehow socially tolerable. Systemic racism survived in the post-Civil War United States partly[…]

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