“And thus it renders more and more evident the great central fact that the cause of the miserable condition of the working class is to be sought, not in these minor grievances, but in the capitalistic system itself.” Friedrich Engels, The Condition of the Working Class in England (1845) (preface to the English Edition, p.36)…
The island nation of Sri Lanka, located south-southeast of India in the Indian Ocean has suffered economic and now political chaos that has grabbed international headlines. The Western media has floated narratives ranging from “debt trap diplomacy” perpetrated by China and its Belt and Road Initiative to food shortages spurred by Russia’s “blockade” of the…
This one-hour video provides a comprehensive picture of who controls everything we buy, eat, read, travel in, clothe ourselves with, how and about what we communicate with each other – and, yes, they also control the climate. Please watch the documentary and spread it around as far and wide as you can. Click image below to…
With The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism, Michael Hudson, one of the world’s leading independent economists, has given us arguably the ultimate handbook on where we’re at, who’s in charge, and whether we can bypass them. Let’s jump straight into the fray. Hudson begins with an analysis of the “take the…
Sri Lanka is in the throes of an unprecedented economic crisis. Faced with a shortage of foreign exchange and defaulting on its foreign debt repayment, the country is unable to pay for its food, fuel, medicine, and other basic necessities. Notwithstanding the austerities that would be entailed, a bail out by the International Monetary Fund…
Suddenly, Sunday, a riveting report came over cable news: The U.S. embassy was urging all Americans to “leave Afghanistan as soon as possible.” Message: Get out while you can. Adding urgency was news that three northern provincial capitals, including Kunduz city, had fallen to the Taliban, making it five provincial capitals overrun since Friday. The…
