Capitalism

08.10.2020

Socialism For President Trump, Capitalism For Us

Socialism For President Trump, Capitalism For Us

By Mark Lesseraux Isn’t it ironic that over the last 40 years no American has received more (financial) government assistance than Donald Trump? Which begs the question: If our socio-economic system has “evolved” in such a way that it has been celebrating, subsidizing and… »

08.08.2020

Medicare for All: A Prescription Against Deadly COVID Capitalism

Medicare for All: A Prescription Against Deadly COVID Capitalism

The United States, the wealthiest and most powerful nation in world history, is also number one in COVID-19 infections and deaths. As White House coronavirus advisor Dr. Deborah Birx warned last weekend, “It is extraordinarily widespread. It’s into the rural as equal urban areas. To everybody who lives in a… »

02.08.2020

Why Bitcoin Is Not a Socialist’s Ally – Reply to Ben Arc

Why Bitcoin Is Not a Socialist’s Ally – Reply to Ben Arc

By Yanis Varoufakis* On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark for democratising capitalism and paving the ground for socialism. Here… »

15.06.2020

Capitalism is the virus

Capitalism is the virus

‘Capitalism, colonialism, and ecological devastation are all cause and effect of each other, and they coevolved together.’ Capitalism is the virus. I present this as both a literal and metaphorical statement. My aim is to supplant the “humans are the virus” claim. Let’s begin then with a very brief… »

14.06.2020

The Path beyond Extinction and Escape: Return to Earth, Regenerate and Share

The Path beyond Extinction and Escape: Return to Earth, Regenerate and Share

Prof. Vandana Shiva | Navdanya International– Message for World Environment Day, 5th June 2020   On 31st May, while people were dying during the Corona Pandemic, while millions had lost their livelihoods and were going hungry during the “lockdown”, while millions were marching in city after city in… »

12.06.2020

George Monbiot: From coronavirus to public luxury

George Monbiot: From coronavirus to public luxury

Brendan Montague The environmental campaigner and journalist argues we need to abandon capitalism as we recover from coronavirus and establish a new economy of private sufficiency and public luxury. The environmental journalist and campaigner George Monbiot has called for a complete transformation of the global economy away from capitalism towards… »

10.06.2020

Neoliberalism is in critical condition

Neoliberalism is in critical condition

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe is becoming obsolete, leaving ways for a diversity of interventionist… »

04.04.2020

Capitalism Has Failed in Fighting Coronavirus

Capitalism Has Failed in Fighting Coronavirus

By Richard D. Wolff The desperate policies of panic-driven governments involve throwing huge amounts of money at the economies collapsed in response to the coronavirus threat. Monetary authorities create money and lend it at extremely low interest rates to the major corporations and especially big banks “to get them through… »

03.04.2020

After the pandemic: the “what”, the “how” and the “who”

After the pandemic: the “what”, the “how” and the “who”

There is much debate about what the world will be like after the pandemic, and we really don’t even know when that will be. It may be that in some countries contagion will peak in a few weeks and then decline, but simultaneously contagion may advance in other nations. We… »

27.09.2019

The dirty secret of capitalism — and a new way forward

The dirty secret of capitalism — and a new way forward

Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle… »

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