There’s a Crisis in U.S. Capitalism

U.S. economic policy now focuses on what is already the worst business cycle downturn since the 1929 crash. As data accumulate, it may well prove to be the worst in global capitalism’s entire history. Capitalism has always had business cycles. The capitalist enterprises that produce goods and services are distinctively organized around the conflicted relationship [...]

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As Amazonian Wildfire Season Approaches, We Must Protect the Vulnerable Forest

Jair Bolsonaro’s aggressive deregulation and exploitation of the Amazon’s resources threatens the entire planet. The wildfires that tore across Australia were as devastating as they were overwhelming, scorching some 15 million acres of land, killing 26 people and more than 1 billion animals up until January 2020. In terms of its apocalyptic imagery—sweeping infernos torching [...]

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Tear Down the Racist Statues, End Racist Debt and Pay for Equalizing Reparations

The statues are coming down. The most recent avalanche began in the United States after the murder of George Floyd at the hands of police and the uprising it occasioned. In Philadelphia, the city removed a statue of former police commissioner Frank Rizzo; the mayor agreed with the protesters who called for its immediate removal, saying that the “statue is a [...]

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Coronavirus, Rioting, and the Privatization of Morality

(Benjamin Studebaker) A short while ago, we were making political demands on our states, of various kinds. Some of us wanted our governments to do more to stop the spread of the virus and save lives. Some of us wanted our governments to provide more aid, more economic stimulus. But over the last few weeks, [..]

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To Defeat Coronavirus, We Need to Expand Medicare

Congress must act decisively to guarantee health care to everyone in the country. It should do so on moral grounds, it should do so on public health grounds, and it should do so to help ensure our economy gets back on track and stays back on track. (Common Dreams) The novel coronavirus pandemic has exposed [...]

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‘It Was—Then as Now—Clearly a Coup’: NYT Finally Gets Around to Reporting OAS Fraud Election Claims in Bolivia Were Bogus

“For those paying close attention to the 2019 election, there was never any doubt that the OAS’ claims of fraud were bogus.” (By: Eoin Higgins, Common Dreams) More than seven months after claims of fraudulent elections sparked an undemocratic coup that led to the ouster of Bolivian President Evo Morales, the New York Times late Sunday reported on [...]

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Democrats Introduce Police Reform Legislation

Some activists have called upon lawmakers to defund the police, but the bill stops short of removing money or adding any for reforming departments, a Senate Democratic aide told NBC News. Democratic lawmakers returned to Capitol Hill Monday after the first full week of protests following the alleged murder of George Floyd. Before representatives and [...]

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‘2040’ Offers Climate Change Solutions

Director Damon Gameau imagines what the future could look like by the year 2040 if “we simply embraced the best solutions already available to us to improve our planet and shifted them rapidly into the mainstream.” The new documentary follows the filmmaker’s imagining of a future for his daughter where climate change has been solved. [...]

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Economic Growth Can’t Go Back to Normal If We Are to Solve the Ecological Crisis

Most scientists agree that an unprecedented economic transformation is now needed to limit global temperature rise to 1.5°C and avert climate breakdown. (Common Dreams) The COVID-19 pandemic has delivered a sharp and sudden shock to the global economy’s usual diet of ever-expanding economic growth. Measures to tackle the virus have seen industries grind to a halt, and high [...]

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Minneapolis City Councilors Pledge to End Police Department

Just nine days after protestors burned down Minneapolis PD’s 3rd Precinct, huge changes are afoot. Nine of the thirteen councilors on the Minneapolis City Council announced their intent to dismantle the city’s police department in the wake of mass unrest resulting from the killing of George Floyd at the hands of Minneapolis police. The supermajority [...]

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New Labor Department Guidance Allows Risky Private Equity Investments in Workers’ 401(k) Accounts

Scalia has rolled back rules that protected workers’ retirement security. This should be seen as a gift to private equity firms, not a favor to workers. (Common Dreams) Private Equity (PE) firms have had their eye on workers’ retirement nest eggs ― 401(k) and IRA accounts ― since late 2013 when rules on advertising to [...]

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