Economics

No, The Ukraine War Has Not Stoked A Global Food Crisis.

May 26, 2022 UNAC Editor Economics, Global Economics, Russia, Trade, Ukraine

by Bernhard, published on Moon of Alabama, May 21, 2022 Russia is falsely accused of blocking Ukraine’s sea ports and thereby increasing a global food shortage: The United Nations has warned that the war in Ukraine has helped to stoke a global food crisis that could last years if it goes unchecked, as the World Bank announced an additional $12bn[…]

Capitalism and Baby Formula

May 25, 2022 UNAC Editor Austerity, Public Health, The War at Home, US Politics

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[…]

The Working Class and the Global Capitalist Crisis

May 25, 2022 UNAC Editor Austerity, Capitalism, Economics, Labor, Resistance, Sanctions and Economic Warfare, Socialism

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,[…]

Peter Scott Interviews Michael Hudson on the Devastating Affects of U.S. Economic Warfare on U.S. Hegemony

May 23, 2022 UNAC Editor Abuses of Empire, Economics, Europe, Russia, Sanctions and Economic Warfare

by Peter Scott and Michael Hudson, published on The Saker of the Vinyard, May 21, 2022 Peter Scott, RT anchor: Joining us now is Michael Hudson, economist and author of “Super-Imperialism” and the recently-published “Destiny of Civilization”. Welcome to the programme, Michael. Michael Hudson: It’s good to be back. PS: Let’s say all these European programmes like the REPOWER Programme[…]

Sanctions – Wrecking Ball in a Global Economy

May 23, 2022 UNAC Editor Abuses of Empire, Anti-Imperialism, Featured, Sanctions and Economic Warfare

by Sara Flounders, published on Workers World, May 23, 2022 U.S. government strategists are using sanctions as a wrecking ball to demolish the globalized economy. It is a desperate struggle to preserve their global hegemony and a unipolar world. The policy of consciously demolishing supply chains of essential products amounts to a reckless war on defenseless civilian populations. Sanctions disrupt[…]

Washington Moves to Annex Northeast Syria by Proxy

May 19, 2022 UNAC Editor Hybrid Warfare, Neocolonialism, Sanctions and Economic Warfare, Syria

by Vanessa Beeley, published on Organizing Notes, May 17, 2022 Under cover of media focus on the NATO proxy war in Ukraine and the Zionist assassination of Al Jazeera senior correspondent Shireen AbuAkleh, Washington is making moves to annex Syrian territory. On May 11th during the meeting of the “global coalition against Islamic State” in Marrakech, Morocco the U.S acting[…]

Argentines on the Debt: “It Should Be Paid By Those Who Wasted It”

May 19, 2022 UNAC Editor International Aid and Debt, Lawfare

by Gustavo Maranges, published on Resumen Latinoamericano, May 15, 2022 The history between Argentine and the International Monetary Fund (IMF) is more than troublesome. Last week, the Argentine Senate passed a bill aimed to settle the last chapter, which was opened after former President Mauricio Macri (2015-2019) borrowed US$44 billion (90% of the country’s Gross Domestic Product). Both the bill[…]

For Biden’s Summit of the Americas, Obama’s Handshake With Raúl Castro Shows the Way

May 18, 2022 UNAC Editor Latin America, Sanctions and Economic Warfare, Trade Wars, US Foreign Policy, Visions of a Future

by Medea Benjamin, May 18, 2022 On May 16, the Biden administration announced new measures to “increase support for the Cuban people.” They included easing travel restrictions and helping Cuban-Americans support and connect with their families. They mark a step forward but a baby step, given that most U.S. sanctions on Cuba remain in place. Also in place is a[…]

A Case for Unfreezing Afghanistan’s Assets

May 11, 2022 UNAC Editor Afghanistan, Sanctions and Economic Warfare, US Hypocrisy, War on the Poor

by Kate Alexander, published on Inkstick Media, April 30, 2022 It seems unlikely that the US government is going to amend it’s policies on behalf of Afghan women or Afghan people. If the awareness that Afghan children are starving has not moved them then concerns about a woman’s ability manage her assets to free herself from oppression seems unlikely to[…]

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

May 7, 2022 UNAC Editor Austerity, Economics, Labor Struggles

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.[…]