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Dubai Superlatives: The Power of Excessive Wealth
Questions From a Worker Who Reads (Bertolt Brecht 1935) Who built Thebes of the 7 gates? In the books you will read the names of kings. Did the kings haul up the lumps of rock? And Babylon, many times demolished, Who raised it up so many times? In what houses of gold glittering Lima did […]
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Eight Contradictions of the Imperialist “Rules-Based Order”
Boris Mikhailov (Ukraine SSR), Red, 1968–1975. The Bulletin of the Atomic Scientists has now moved the Doomsday Clock to 90 seconds to midnight, the closest it has been to the symbolic time of the annihilation of humanity and the Earth since 1947. This is alarming, which is why leaders in the Global South have been […]
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Standing Together: Resisting the New Normal
The US wanted Russia to attack Ukraine. So says Robert H Wade, professor of Global Political Economy at the London School of Economics. And then it brought in its wide-ranging sanctions regime in response. According to renowned investigative journalist Seymour Hersch, the US subsequently blew up the Nord Stream 2 gas pipeline. The result is that […]
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EU Fails to Comply with Grain-Export Deal
On Saturday, March 4, Russia’s Foreign Minister Sergei Lavrov, at the G20 meeting in Delhi, announced that because the EU has refused to comply with its side of the U.N.-brokered 27 July 2022 “Grain [and fertilizer] Deal” that the U.N. brokered in Istanbul on 27 July 2022, Russia will likewise not comply with it, starting […]
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Green Death: Love in a Time of Green Pornography
Source: Oxford Learner’s Dictionaries I was calling it many variations on the theme, greenwashing, many many propagandistic things, like green-scamming, green-sheening, and eco-porn. Here, a 1992 article, man, so long long ago, almost forgotten : Eco-pornography is the advertising of a product as “environmentally friendly,” when in fact, some unmentioned aspect of the product (or […]
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What Will Happen When Banks Go Bust?
Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest banks) to bail in or expropriate their […]
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The Rise of the Consultant Governing Class
They have become the outsourcing mandarins, consultancy companies which have served to degrade expertise in the public sector while diminishing the quality of services. Along the way, they have charged astronomical fees in giving repeatedly flawed advice. Consultants, packaged as all wise gurus, have become the great confidence tricksters. Embracing the inner voodoo of consultancy […]
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Who’s Winning and Losing the Economic War over Ukraine?
Half a million tons of methane rise from the sabotaged Nord Stream pipeline. Photo: Swedish Coast Guard On the other hand, Ukraine’s economy has shrunk by 35% or more, despite $46 billion in economic aid from generous U.S. taxpayers, on top of $67 billion in military aid. European economies are also taking a hit. After […]
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Work: Slavery in an Exploiting Economy
Work is easy. Work is difficult. Work shows a lot. Work hides a lot. Work creates. Work destroys. Work is painless. Work is dreadful. Work brings victory. Work is slavish. Work is like creating a poem or a picture with joy. Work is hellish. A poet or a philosopher may define work differently than a […]
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