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Tag: Capitalism


Kent-Chen (CC-BY)

What’s at the Heart of Black Cool?

A thoughtful, personal essay by photographer Hank Willis Thomas makes the case that the cultures of America’s inner-city black communities, once dignified by the gains of the civil rights movement, have been steadily degraded over the last three decades by corporate capitalism.

Posted on Mar 17, 2012 READ MORE


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Square, Category Page

‘NOVA’: Mind Over Money

Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest.

Posted on Mar 17, 2012 WATCH & LISTEN



Jessierocks (CC-BY)

Youth in Revolt: The Plague of State-Sponsored Violence

Young people the world over demonstrating against economic injustice are met with state-sanctioned violence and insults in the mainstream media, rather than informed dialogue, critical engagement and reformed policies.

Posted on Mar 14, 2012 READ MORE



Homosexuality May Become a Felony in Liberia

Liberia is considering two proposals that would make consensual same-sex acts punishable with jail time; NATO refuses to get involved in the crisis in Syria; and a Jewish journalist killed by terrorists was baptized posthumously by the Mormon Church. These discoveries and more after the jump.

Posted on Mar 3, 2012 READ MORE


Will We Choose a Chinese Future?

For the last two decades, we’ve heard many myths purporting to explain the loss of American manufacturing jobs.

Posted on Feb 17, 2012 READ MORE



INFZM.com via Engadget

Apple’s China Comes Home to Haunt Us

China’s labor practices are now to be admired rather than scorned, lest the American economy decline further in the new world order.

Posted on Feb 15, 2012 READ MORE



emilio labrador (CC-BY)

‘Losing’ the World: American Decline in Perspective, Part 1

Significant anniversaries are sometimes ignored. At the moment, we are failing to commemorate the 50th anniversary of the most destructive and murderous act of aggression of the post-World War II period: the invasion of South Vietnam and later all of Indochina.

Posted on Feb 15, 2012 READ MORE



KAM Workshops (CC-BY-SA)

The Economic Normalcy Bias

Many who are faced with imminent disaster instantly convince themselves that everything is normal and that they don’t have to modify their behavior.

Posted on Jan 26, 2012 READ MORE



dominikfoto (CC-BY)

The Agony and the Ecstasy of Steve Jobs

The name Steve Jobs has been sweet on the lips of techno-capitalist fankids pining for a cultural hero since long before the Apple CEO succumbed to cancer late last year. Since his death, an author and an actor have taken some of the first shots at shaping his legacy. With an eye on the man’s cruelty toward his employees at home and abroad, n+1 reviewer Gary Sernovitz tries to fill in the blanks.

Posted on Jan 4, 2012 READ MORE



Macmillan

Thomas Frank on ‘Utopian Market Populism’

Pity the Billionaire,” the new book by Harper’s Magazine columnist Thomas Frank, surveys the politics of the last three years to determine why the American right survived and thrived after an economic crash caused by a 30-year love affair with the so-called free-market that it procured. Salon speaks to Frank by phone.

Posted on Dec 28, 2011 READ MORE



BlaisOne (CC-BY)

The Making of the American 99% and the Collapse of the Middle Class

Until a few months ago, the 99% was hardly a group capable of articulating “the identity of their interests.” It contained, and still contains, most “ordinary” rich people, along with middle-class professionals, factory workers, truck drivers, and miners, as well as the much poorer people who clean the houses, manicure the fingernails, and maintain the lawns of the affluent.

Posted on Dec 17, 2011 READ MORE



Jessierocks (CC-BY)

Time’s Person of the Year: The Protester

For “once again becoming a maker of history” two sleepy decades after political soothsayer Francis Fukuyama declared Western liberalism the end point in the evolution of human society, Time magazine named “The Protester” 2011’s Person of the Year.

Posted on Dec 14, 2011 READ MORE



Charles Chan (CC-BY-ND)

The Two Faces of China

Don’t hold your breath waiting for any kind of Occupy Beijing movement to set up camp.

Posted on Dec 1, 2011 READ MORE



pinguino (CC-BY)

The Fascism Hiding in Hollywood

Comic artist Frank Miller’s recent tirade against the Occupy movement gives us a glimpse into the mind of a man made important by an entertainment culture that pushes death, selfishness, uncritical obedience to authority and simplistic notions of good and evil. Guardian columnist Rick Moody has a word for such fare: cryptofascist. (more)

Posted on Nov 26, 2011 READ MORE


British Journalist Squares Off Against Former Goldman Partner

A rich banker who appears to have learned none of the lessons of 20th-century economic history. A newscaster who snickers at an impassioned argument. And a reporter dismissed as a young girl who will one day learn better. This exchange between a former Goldman Sachs executive, a BBC correspondent and British journalist Laurie Penny ... (more)

Posted on Nov 23, 2011 WATCH & LISTEN



WELS.net (CC-BY)

To Protest Foreclosures, San Jose Priest Divests $3 Million From Bank of America

Father Eduardo Samaniego, the Jesuit pastor of Most Holy Trinity Catholic Church in San Jose, Calif., protested foreclosures by Bank of America against those in his flock and beyond by moving $3 million of his parish’s funds to a local credit union. (more)

Posted on Nov 17, 2011 READ MORE


World Population









Posted on Nov 17, 2011 ENLARGE


A Warning on Wall Street

Slovenian madman and intellectual hero Slavoj Zizek treated protesters encamped at New York City’s Liberty Plaza to a rousing pep talk Sunday in which he confessed his fear that the Occupy Wall Street movement could devolve into a mere opportunity for youthful memory-making. (more)

Posted on Oct 9, 2011 WATCH & LISTEN



edenpictures (CC-BY)

The Origin and Future of the Occupy Wall Street Movement

Salon reporter Justin Elliott sat down with Adbusters co-founder and editor-in-chief Kalle Lasn to talk about the formation of the Occupy Wall Street movement, which began in print with a poster published in Lasn’s “culture-jamming” magazine in mid-July. (more)

Posted on Oct 5, 2011 READ MORE



Gottfried Helnwein

A Peek at Henry A. Giroux’s ‘Education and the Crisis of Public Values’

“We are more than a nation in decline; we are a nation moving toward the bittersweet simplisms, policies and values of a new form of authoritarianism,” writes Henry Giroux, in an article adapted from his new book on America’s shift away from democratic values toward a rigid, market-driven uniformity.

Posted on Sep 30, 2011 READ MORE



Mr. Fish

Time After Time

One of the most obvious and deeply unsettling failings of our human character is our inability to accept just how much sway the lizard portions of our brains have over our behavior and just how short we continue to fall when attempting to achieve synchronicity with our highest ideals.

Posted on Sep 30, 2011 READ MORE    



Flickr / ¡Que comunismo!

What Hugo Chavez Is Up To

Venezuelan President Hugo Chavez has been busy courting countries from Latin America to Eastern Europe to the Middle East to the Far East to assemble a political and economic bulwark against American imperialism. (more)

Posted on Sep 28, 2011 READ MORE



Flickr / epSos.de

Demanding More of the Wealthy

If you’re tuned into your social surroundings, you’re likely to hear people arguing over whether raising taxes on the rich would be a good thing or a bad thing for Americans. With election season on its way, the noise and volume are bound to rise. (more)

Posted on Sep 26, 2011 READ MORE



Flickr / jurvetson

Working for Amazon Is No Bed of Roses

Heat exhaustion, lightheadedness, dehydration and other problems afflicted employees at Amazon’s warehouses around the United States this summer, where a steady supply of low-paid temporary workers keeps the packing and shipping lines fully staffed. (more)

Posted on Sep 25, 2011 READ MORE



Flickr / Images_of_Money

As Another Crisis Looms, a Case for the Euro and Collective Action

In the discussion over how to solve Europe’s financial crisis, opponents of the euro argue “that it is a monetary straitjacket and that the best reform now would be its breakup.” Not so, says Will Hutton, author, columnist and former editor-in-chief of The Observer. (more)

Posted on Sep 21, 2011 READ MORE



Flickr / I-5 Design & Manufacture

BofA Confirms Plan to Lay Off 30,000 Employees

Bank of America has confirmed a plan to eliminate 30,000 jobs “over the next few years,” 10,000 fewer than what The Wall Street Journal reported Friday. The layoffs will amount to about 10 percent of the bank’s workforce. Update (more)

Posted on Sep 11, 2011 READ MORE


Reading ‘Capital’ on Labor Day

Is there a better way to honor the working-class struggle than to study Karl Marx’s “Capital” on Labor Day? How about reading along with distinguished City University of New York professor David Harvey, who after almost 40 years is still teaching the book? (more)

Posted on Sep 5, 2011 WATCH & LISTEN


Into Pakistan’s Textile Factories

The “haves” have been subjecting the “have-nots” to lives of miserable, crushing toil since polarized hierarchies appeared behind the walls of the world’s first city some 10,000 years ago. The names, faces and technologies change, but so far, the legacy of exploitation remains. (more)

Posted on Aug 22, 2011 WATCH & LISTEN



Israel’s Insatiable Zionism

Israel’s Zionism turned capitalism is getting out of hand; Postmodernism is dead, leaving many to question what it was in the first place; meanwhile, the Americas are projected to replace the Middle East as the energy capital of the world. These discoveries and more after the jump.

Posted on Aug 20, 2011 READ MORE



Flickr / Latente ? www.latente.it

Nouriel Roubini: Capitalism Must Be Saved From Itself

Economist and New York University professor Nouriel Roubini explains that globalization, reckless lending and borrowing, and the redirection of income and wealth from industries dependent upon human labor and well-being to those composed mainly of capital ... (more)

Posted on Aug 15, 2011 READ MORE



Flickr / brizzle born and bred

American Minorities Have Been Here Before

Blacks and Latinos suffered disproportionate losses of wealth and social standing, compared to whites, during the George W. Bush economy. But of course, that’s merely a prelude to what unfolded next, and what’s to come. (more)

Posted on Jul 31, 2011 READ MORE



Flickr / PeterJBellis

An Investment Manager Dishes on the Richest

Rarely do we get to hear criticism of the American oligarchy from within the ranks of its crowning institution: the financial services industry. This anonymous author, who handles investments for the wealthiest 1 percent of Americans, takes us on a brief tour of numbers ... (more)

Posted on Jul 20, 2011 READ MORE



Flickr / juicyrai

Waving the ‘Anarcho-Capitalism’ Flag

It’s a theory that seeks the removal of government oversight from any and all economic and social activity, which has been steadily adopted by legislators and policymakers on the right, and some on the left, for the past three decades, and tea partiers may actually be opposed to it. (more)

Posted on Jul 18, 2011 READ MORE


Supreme Court Session Ends









Posted on Jul 12, 2011 ENLARGE


Shining the Spotlight on the Corporate Pay Gap

As the deficit has exploded, incriminating facts have leaked out showing that many corporations pay more to their executives than they pay in taxes (and many firms pay no corporate income tax at all).

Posted on Jul 1, 2011 READ MORE


Tick Tick Tick









Posted on Jun 28, 2011 ENLARGE    



Flickr / Esparta

Free-Market Anarchy and Nihilism in Mexico

For the future of unchecked global capitalism, look to the savagery of the drug war in Ciudad Juarez, Mexico, says The Guardian’s Ed Vulliamy. (more)

Posted on Jun 21, 2011 READ MORE


Shirt Happens









Posted on Jun 20, 2011 ENLARGE    



Flickr / Kheel Center, Cornell University

What’s Germany’s Secret?

In the decades immediately following World War II, U.S. wages steadily rose in step with productivity at a time when one-third of American workers belonged to labor unions. Today, union membership stands at 7% and wages are in decline, and conservatives are saying the two aren’t connected. (more)

Posted on Jun 16, 2011 READ MORE



White House / Lawrence Jackson

The Corporate State Wins Again

When did our democracy die? When did it irrevocably transform itself into a lifeless farce and absurd political theater? When did the press, labor, universities and the Democratic Party—which once made piecemeal and incremental reform possible—wither and atrophy?

Posted on Apr 24, 2011 READ MORE



Sony Pictures Classics

‘The Greatest Movie Ever Sold’

In his new film about the further commercialization of movies, Morgan Spurlock looks to grind his ax against the practice of product placement.

Posted on Apr 23, 2011 READ MORE



news.bbc.co.uk

World Bank President Sounds a Warning

With rising food prices and soaring unemployment wreaking havoc across the developing world, World Bank President Robert Zoellick has some dreary news, declaring that the world is “one shock away from a full-blown crisis.”

Posted on Apr 17, 2011 READ MORE



© Reese Erlich 2011

Cuba’s New Economy

Last year Cuban President Raul Castro announced the biggest economic reforms since the 1959 revolution. Cubans are cautiously optimistic about the changes, but they’re also scared.

Posted on Apr 14, 2011 READ MORE



AP / Jacques Brinon

The Collapse of Globalization

The last people who should be in charge of our food supply or our social and political life, not to mention the welfare of sick children, are corporate capitalists and Wall Street speculators.

Posted on Mar 28, 2011 READ MORE


Euro symbol
AP / Daniel Roland

EU Moves to Shore Up Bailout Fund

European Union financial officials meeting in Brussels have agreed on the setting up of a permanent bailout fund, even as Portugal reportedly teeters on the precipice of financial collapse.

Posted on Mar 25, 2011 READ MORE



Flickr / The Vetruvian Man

No Tourists Allowed

A small town in the depths of the Amazon has declared itself off-limits to tourists. Why? Locals complain of tourists behaving badly and the fact that little of their spending actually benefits the indigenous people.

Posted on Mar 25, 2011 READ MORE



AP

Arizona Legislators Vote Down Anti-Immigration Bills

Arizona lawmakers did a 180 on Thursday, voting to reject new anti-immigrant measures in a move ostensibly in response to the harsh economic realities of the state’s budget and unrelenting pressure by human rights groups.

Posted on Mar 19, 2011 READ MORE


Richard Fuld Jr.
World Economic Forum / Remy Steinegger

Lehman Execs May Escape Charges

Officials at the SEC have begun to doubt that the agency can prove that executives of the now-defunct Lehman Brothers investment bank broke the law after the company allegedly moved billions of dollars off its balance sheet.

Posted on Mar 12, 2011 READ MORE



AP / Susan Walsh

Wall Street CEOs Off the Hook

Most of those Wall Street executives whose firms took ridiculous risks and brought the global financial system to its knees are far from a jail cell, or even from being prosecuted by the Justice Department.

Posted on Feb 27, 2011 READ MORE



AP / Cliff Owen

Fla. Governor Catches Anti-Union Fever

The Wisconsin syndrome? Just days after declaring that he favored collective bargaining for public employees, Florida’s Gov. Rick Scott, a Republican, changed his tune and said he now wishes it were not allowed in the Sunshine State.

Posted on Feb 26, 2011 READ MORE


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