Link to an article by Michael Hudson:
Category: Uncategorized
Jessica Goldstein – The ‘Feel-Good’ Horror of Late-Stage Capitalism
Link to an article by Jessica Goldstein:
“The ‘Feel-Good’ Horror of Late-Stage Capitalism”
Bonus links: The Trouble With Diversity and “Democracy is the Enemy” and “The Joy of Inequality: The Libidinal Economy of Compassionate Consumerism”
Dick Bryan & Mike Rafferty – How Finance Exploits Us
Link to an interview with Dick Bryan & Mike Rafferty, conducted by Llewellyn Williams-Brooks:
(Note: the first part of the interview is non-substantive background information about publishing this theory in book form, and the substantive discussion of the theory is toward the end).
See also: Michael Hudson, especially “From Marx to Goldman Sachs: The Fictions of Fictitious Capital”, and “We Have Nothing to Lose but Our Debts”, and The Debt Collective
Rob Urie – The Blob Fought the Squad, and the Squad Won
Link to an article by Rob Urie:
Russell Mokhiber – Kip Sullivan and Dr. Matthew Hahn on How Value Based Programs Are Undermining Medicare and Single Payer
Link to an interview (with transcript) conducted by Russell Mokhiber:
Blair Fix, Jonathan Nitzan & Shimshon Bichler – Real GDP
Link to an article by Blair Fix, Jonathan Nitzan & Shimshon Bichler:
“Real GDP: The Flawed Metric at the Heart of Macroeconomics”
Real-World Economics Review, Issue 88, P. 51 (July 10, 2019)
Like everything in the Real-World Economics Review, this article really is an attack on the hegemony of neoclassical (i.e., anti-classical) economics. The main points this article makes therefore tacitly draw from classical economics, such as the distinction between use value and exchange value that was explained by Karl Marx in Das Kapital. Of course, these authors make no mention of Marx. They also suggest energy units as one alternative to GDP, similar to a concept promoted by R. Buckminster Fuller three or four decades ago but no such precedents are acknowledged in the article. They also normatively accept a “growth” model. There is a degree of self-promotion in this article, and it only briefly explains the ideological battle driving their critique. But the narrow technical points it makes are mostly sound.
See also “The GDP Illusion: Value Added versus Value Capture”
Russiagate and Washington Meddling
With all the clamor over “Russiagate” (which is really just self-serving deflection of blame for Hillary Clinton’s loss in the 2016 U.S. Presidential election), it is worth noting a few examples of more extreme meddling by the USA in the affairs of other nations:
“Exposed: The Pentagon’s Cyberwar Against Russia”
“US Meddling in 1996 Russian Elections in Support of Boris Yeltsin”
Michael Hudson: I’m told that there was wholesale bribery. Officials in the Reagan administration told me that they just paid off foreign officials to support the U.S. position, not a New International Economic Order. U.S. agencies maneuvered within the party politics of European and Near Eastern countries to promote pro-American officials and sideline those who did not agree to act as U.S. satellites. A lot of money was involved in this meddling.
“De-Dollarizing the American Financial Empire”
and
See also “Former CIA Chief Admits to US Meddling in Foreign Elections”
David McAllister – BBC Panorama Hatchet Job on Labour Antisemitism is a Farce
Link to an article by David McAllister:
“BBC Panorama Hatchet Job on Labour Antisemitism is a Farce”
Bonus links: “For the First Time in My Life, I’m Frightened to be Jewish” and gaslighting and concern trolling
Articles About USA-Iran Provocations
Selected links to articles about military provocations between the USA (and its allies) and Iran:
“Eve of Destruction: Iran Strikes Back”
“What Right Has Britain to Seize an Iranian Tanker Off Spain?”
“Why the World is Watching the Fate of an Iranian Tanker in the Mediterranean”
Rob Urie – Toward an Eco-Socialist Revolution
Link to an article by Rob Urie:
“Toward an Eco-Socialist Revolution”
There are many reasons to question the proffered solution here, which would be unpopular and prone to the all the problems that have historically accompanied peasant societies (rigid social hierarchies, etc.). Still, this article thinks seriously about real issues and the necessary scope of solutions, and actually ventures to offer a solution.