Financialization

Trump and U.S. Multi-Billionaires Visit China In Futile Attempt to Resolve Capitalism’s Irreconcilable Contradictions

May 21, 2026 UNAC Editor Capitalism, China, U.S. Hegemony, US Foreign Policy, US Politics

by Jeff Mackler, published on Socialist Action, May 17, 2026 A front-page May 13, 2026 New York Times 1972 photo featured warmongering U.S. President Richard Nixon in China shaking hands with Chinese President Mao Tse-Tung during the Vietnam War. The photo brought on the deepest feelings of revulsion on the part of U.S. activists, who spent their youth organizing and[…]

UTIER, Independent Puerto Rican Electrical Trade Union Fighting US Neoliberal Privatization

November 14, 2022 UNAC Editor Austerity, Capitalism, Colonialism, Labor Struggles, Lawfare, Puerto Rico

Statement by Jeanette Graulau, published on Labor Today, November 2022 While some Western countries are planning to re-nationalize their energy industries, the U.S. imposes upon its colony of Puerto Rico a privatization plan to ‘unbundle’ the Puerto Rico Electric Power Authority (PREPA), one of the oldest and fully operational electric power corporations of Latin America. Since 2020, LUMA Energy, a[…]