Demowp

Tag: Economy

  • The Death of over a Thousand Garment Workers in Bangladesh

    The mother of an 18-year-old missing worker, Rina, waits for her lost daughter in front of a barricade in Savar, Dhaka, Bangladesh, 24 July 2013. Credit: Taslima Akhter In memory of Dr Zafrullah Chowdhury (1941–2023) On Wednesday 24 April 2013, 3,000 workers entered Rana Plaza, an eight-story building in the Dhaka suburb of Savar in […]

  • Whither Multipolarity in a Changing World Order

    The Italian political theorist Antonio Gramsci presciently observed: “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear.” This period that we live in is arguably shaped by three elements: two moribund (the implosion of the USSR […]

  • Hunger Profiteers, Granny Killers, and Skin-Deep Morality

    Today, a fifth (278 million) of the African population are undernourished, and 55 million of that continent’s children under the age of five are stunted due to severe malnutrition.   In 2021, an Oxfam review of IMF COVID-19 loans showed that 33 African countries were encouraged to pursue austerity policies. Oxfam and Development Finance International also revealed that 43 out […]

  • The Latest NYT’s Hit Piece on China Is from Thomas Friedman

    Thanks to Thomas Friedman’s relentless service as a mouthpiece for US empire and capital, he’s permitted to continuously churn out his pseudo-thought piece every week. — Belen Fernandez, The Imperial Messenger: Thomas Friedman at Work Thomas Friedman, a self-professed “liberal,” is the New York Times most widely read columnist and its most influential flak for […]

  • Be a Capitol Hill Citizen on Your Congress

    Spring, the season of renewal, is here. The ants are diligently building their little symmetrical ant hills. The robins are in their nests occupied with posterity. And the anointed members of Congress, after a long recess, aka vacation, return to work on April 17. The next day, April 18, is the deadline for filing taxes. […]

  • Fiscal Insanity: The Government Borrows $6 Billion a Day, and We’re Stuck with the Bill

    Fiscal Insanity: The Government Borrows $6 Billion a Day, and We’re Stuck with the Bill

    We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones being forced to foot the bill for the government’s […]

  • The World Economic Forum

    Those of us in this movement sometimes forget that for most people, the World Economic Forum (WEF) is a meeting in Davos where the rich and famous like to hang out once a year. They have no idea of what the WEF truly is about and what it has accomplished over the course of the […]

  • Can You Fight for Climate Justice Without Being Antiwar?

    Can organizations sincerely say they are leading the climate justice fight without also being unapologetically antiwar? Short answer — no. Here’s why. We cannot end climate change without ending war. The United States military is the planet’s largest single emitter of greenhouse gasses and consumer of oil. The US military and its weapons, consistently deployed […]

  • People Power

    People Power

    Here’s the premise. If anyone can find a flaw in this logic, please let me know … • The majority of US citizens want an end to war and reduced military spending. • The defense budget can and must come way down. • The DOD is not going to defund itself. • Congress is not going to defund the DOD. […]

  • Playing with Financial Fire

    Capitalism, Marx said, is unceasingly prone to crisis. His observation applies as much to financial capital as to industrial capital, as the recent collapse of Silicon Valley Bank and Signature Bank of New York attest. In their pursuit of profits, banks make loans that borrowers cannot repay or back the loans with assets that lose […]

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