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Russian Economy Growing Faster than Main Western Rivals – Putin
© Sputnik/Evgeny Biyatov The Russian economy keeps growing and has already become the largest in Europe and the fifth largest in the world in terms of purchasing power parity (PPP), President Vladimir Putin said while speaking at the ‘Everything for Victory’ forum in the city of Tula on Friday. PPP is a metric popular with […]
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Why I Believe What I Believe About the Chinese Revolution
Liu Hongjie (China), Skyline, 2021. Late last year, a colleague sent me a letter decrying some of my writings about China, notably the last newsletter of 2023. This newsletter is my response to him. ** The situation in China is the cause of a great deal of consternation amongst the left. I am glad you have raised the […]
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China and the US: Who is Helping Who?
File photo: China US The Politico, on November 8, published a piece on China-US relations. The article stated, “Voters in a rural Michigan town sent a message to their leaders Tuesday: don’t help China.” The article described this as “a potential warning signal” to President Joe Biden. During the past year or two, American politicians […]
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The Illusion of Green Capitalism
Adapted from Dying for Capitalism: How Big Money Fuels Extinction and What We Can Do About It Many Americans – even those who recognize capitalism’s destructive impacts – find the idea of discarding capitalism for a more just system unimaginable. Yes, capitalism is part of the problem. But, they think, realistically, the world is not […]
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How the Billionaires Control U.S.-and-Allied Governments
In virtually every country that’s allied with the U.S. Government against Russia and against China, there is a low public job-approval-rating for its head-of-state and for its Government, and a rating that is far lower than is the public job-approval for the leaders of the countries that the U.S. gang are trying to regime-change. If […]
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Beware of Economic Textbooks
Protests by British university economic students against neo-classical economics highlight the notion that economic education is dominated by theories that defy practical applications and applications that cannot predict, prevent, and ameliorate periodic crises. Students learn economics from unverified and outdated theories, many contradicting one another, which leads to a confused understanding of the discipline and […]
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Tossing Neoliberalism into the Dumpster
It’s official, according to a speech by National Security Advisor Jake Sullivan, the United States is jumping off the neoliberal globalization bandwagon (a root cause of domestic extremism) and it couldn’t come soon enough as institutions of government are sucking up more and more angry exhaust fumes from constituents, as well as encountering a world […]
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Freeing America from the Quagmire of Inequality
The levels of wealth inequality we are currently witnessing in this country are unprecedented and alarming. The very richest among us have succeeded in grabbing ever more of the proverbial pie, and the trend is only worsening. Wealth inequality is proving disastrous for America. On both collective and individual levels, we are suffering because of […]
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