Economic Collapse

Zionist Quagmire – Sinking Deeper

September 26, 2024 UNAC Editor Economic Collapse, Genocide, Imperial Wars, Israel, Israel-Palestine, Lebanon, Palestine

by Sara Flounders, published on Workers World, September 19, 2024 In a blasting news interview on Israel’s Channel 12 on Sept. 15, Major General Israel Ziv, the army’s former head of operations in Gaza, asserted that the Zionist military is stuck in Gaza and has suffered significant losses during its 11-month offensive in the besieged Strip. Ziv stated that Israel[…]

Why Secretary of State Antony Blinken went to Haiti

September 17, 2024 UNAC Editor Economic Collapse, Haiti, International Aid and Debt, US Hypocrisy, US Intervention

by G. Dunkel, published on Workers World, September 13, 2024 Secretary of State Antony Blinken traveled to Haiti and the Dominican Republic on Sept. 5 and 6, the first visit by a high level U.S. official in nearly 10 years. That means Blinken made a special visit to Haiti, a country that is the most exploited and poorest in the[…]

Takeover! A Human Rights Approach to Housing

September 17, 2024 UNAC Editor Austerity, Capitalism, Civil Resistance, Economic Collapse, Human Rights, Poverty, The War at Home

TAKEOVER! A Human Rights Approach to Housing is a beautifully written book about poor and homeless people choosing to live and refusing to die. by Ann Garrison, published on Black Agenda Report, September 11, 2024 I can’t recommend TAKEOVER! A Human Rights Approach to Housing, by Cheri Honkala and the Poor People’s Army, enough. Most people don’t like to think[…]

Argentina: Milei’s War on Workers Met with General Strike

January 31, 2024 UNAC Editor Argentina, Austerity, Economic Collapse, Labor, Labor Struggles

By Adam Wetzstein, posted on Workers World, January 26, 2024 I see this as a warning to us. [jb] After decades of rapid inflation and economic crisis, Argentine voters last November elected economics professor Javier Milei as president. However, many consider Milei an Argentine variant of his pro-fascist Brazilian neighbor, former President João Bolsonaro, or even of Donald Trump. His[…]

Lebanon Under Occupation, Financial Fraud and Sectarian Political Corruption

June 18, 2023 UNAC Editor Colonialism, Economic Collapse, International Aid and Debt, Interview, Lebanon, Paths to Emancipation, Resistance, Sanctions and Economic Warfare

by Steven Sahiounie, published on Mideast Discourse, June 18, 2023 Crown Prince Mohammed bin Salman of Saudi Arabia met with French President Emmanuel Macron in Paris on June 16. One of the items on their agenda was Lebanon, which has close historical and language ties to France. The tiny Mediterranean country has been in financial collapse for several years, and[…]

Taking the Capitalist Road Was the Wrong Choice For Ukraine, Says Ukraine Expert

May 17, 2023 UNAC Editor Capitalism, Color Revolutions, Economic Collapse, Hybrid Warfare, Russia, Shortages of Supplies, Socialism, Ukraine, US Incited Protests

by Natylie Baldwin, published on CovertAction Magazine, May 5, 2023 Renfrey Clarke is an Australian journalist. Throughout the 1990s he reported from Moscow for Green Left Weekly of Sydney. This past year, he published The Catastrophe of Ukrainian Capitalism: How Privatisation Dispossessed & Impoverished the Ukrainian People with Resistance Books. In April, I had an email exchange with Clarke. Below is[…]

No to U.S./U.N. Military Occupation in Haiti! No U.S. Aid to Haiti Dictatorship

May 8, 2023 UNAC Editor Austerity, Capitalism, Colonialism, Economic Collapse, Government Corruption, Haiti, Sanctions and Economic Warfare

by Marty Goodman, published on Socialist Action, May 6, 2023 U.S. imperialism and its U.N. proxies have not yet decided who would take part in the third imperialist occupation of Haiti but the answer may come soon. An intervention will surely be pitched as a “humanitarian” multi-national mission to curb Haiti’s rampant gang violence, mass hunger and a re-emerging cholera[…]

Capitalism’s Looming Crises: From Budget Debt Hyperbole to Banking Disaster

March 24, 2023 UNAC Editor Democrats and Republicans, Economic Collapse, Economics, U.S. Budget, US Politics

by Jeff Mackler, published on Socialist Action, March 24, 2023 President Joseph Biden presented his third annual budget proposal at $6.8 trillion on Thursday, March 9. A day later Silicon Valley Bank (SVP), in Santa Clara, California, the nation’s 16th largest, declared bankruptcy, followed days later by New York City’s Signature Bank. A half dozen others faced similar and immediate[…]

‘The Bank is Now Insolvent’

March 15, 2023 UNAC Editor Capitalism, Economic Collapse, Global Economics, Socialism

Workers World Editorial, March 13, 2023 It is often the case that, when the capitalist system is on the verge of a crisis, the period leading up to it is marked by buoyant explosions of optimism. On Oct. 25, 1929, President Herbert Hoover proclaimed that the U.S. economy was “on a sound and prosperous basis.” Four days later the stock[…]

Threat of More U.N. Sanctions on Haiti

January 16, 2023 UNAC Editor Abuses of Empire, Colonialism, Economic Collapse, France, Haiti, Indigenous peoples, Sanctions and Economic Warfare

by G. Dunkel, published on Workers World, January 6, 2023 While the huge social, economic and political problems of Haiti have slipped out of the news, if anything they have intensified over the past few months. According to Helen La Lime, Special Representative of the United Nations Secretary-General for Haiti and Head of BINUH (U.N. Integrated Office in Haiti), “Close[…]