Capitalism and Baby Formula

by Margaret Kimberley, published on Black Agenda Report, May 25, 2022 The baby formula shortage is not a glitch in the system. It actually exemplifies everything that goes wrong when the profit motive rules. Capitalism can’t ensure a food supply or anything else that humans need. “Socialism doesn’t work” is repeated like a mantra. We’re told endlessly that capitalism provides[…]

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The Working Class and the Global Capitalist Crisis

by Larry Holmes, published on Workers World, May 23, 2022 The following excerpts are from remarks by Larry Holmes, Workers World Party First Secretary, at a May 19 New York City branch meeting.  Most bourgeois economists are now predicting a recession, which is a sharp downturn in the economy. A recession used to be considered cyclical, but this has changed,[…]

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May Day: Worker’s Struggle Celebration is Well-Deserved After a Momentous Year

by People’s Dispatch, April 30, 2022 May 1 is Global Labor Day.  Only in the US was this important celebration of workers moved to a different day. Working people across the globe are gearing up celebrate International Worker’s Day this May 1. Workers have been participating in monumental struggles since the previous year’s May Day, making this year’s celebration well-deserved.[…]

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A Monetary Reset Where the Rich Don’t Own Everything

by Ellen Brown,  published on Scheerpost, May 4, 2022 In ancient Mesopotamia, it was called a Jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were forgiven, the debtors’ prisons were opened, and the serfs returned to work their plots of land. This could be done because the king was the representative[…]

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Ukraine Update: Immediate Russian Oil, Gas Embargo Impossible, Says German Finance Minister

by Countercurrents Collective, published on Countercurrents, April 9, 2022 A broad survey of economic details from perspective of western press.  Not clarified is what it means to workers around the world, but seems like high prices, expensive credit, wage growth not able to keep up with these factors along with shortages of food and other material goods.  A major global[…]

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Sanctions, a Sanctimonious Word For Economic Warfare and Outright Theft

by Ann Garrison, published on Black Agenda Report, March 9, 2022 The U.S. claims the right to sanction, to steal from other nations, with one-third of humanity suffering from these crimes. Sanctions are war by other means and cause great suffering around the world. The word “sanctions” emerged in the Middle Ages, meaning ecclesiastical decrees. Today it’s a sanctimonious word for economic warfare,[…]

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Capitalist Russia: a Target, Not a Superpower

by Sara Flounders, published on Workers World, January 30, 2022 This article, originally published July 12, 2017, by Workers World, remains timely in January 2022 as the U.S. threatens war at the Russian border with Ukraine and ramps up China-baiting in an attempt to break up agreements being forged between nations seeking to remain independent of U.S. imperialism. See also[…]

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Hondurans Repudiate Corrupt U.S.-Backed Coup Regime at Polls

by Jeremy Kuzmarov, published on Covert Action Magazine, December 1, 2021 Another exciting win in Latin America.  However, the vulnerabilities of the moment shadow the bright possibilities.  [jb] Honduras’-twelve-year nightmare prompted by a U.S.-backed coup came to an end this week with the election of Xiomara Castro as the country’s new president, with 68 percent voter turnout. Thousands of Hondurans[…]

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