Capitalism

16/06/21
Author: 
Danny Haiphong
Corporate Think Tank Reveals How Profit-Driven Motives Drive New Cold War against China

June 9, 2021

The same report paradoxically acknowledges the failure of the economic model the U.S. has tried to impose on the rest of the world.

“The Biden administration and its allies have been just as aggressive as Trump in their attempts to forestall China’s technological development.”

14/06/21
Author: 
Vijay Prashad, Tricontinental: Institute for Social Research
Faisal Laibi Sahi (Iraq), Cafe 2, 2014.

Each month, the UN’s Food and Agriculture Organization (FAO) releases a monthly food price index. The release on 3 June showed that food prices have surged by 40%, the largest rise since 2011. The impact of this food price rise will grievously hit developing countries, most of whom are major importers of food staples.

11/06/21
Author: 
Adam D.K. King

June 10, 2021

Vale's rhetoric of "south-south solidarity" is meaningless. Like all corporations, the company pursues profit above all else.

As of midnight on June 1, the members of United Steelworkers (USW) Local 6500 at Vale (formerly Inco) mines in Sudbury, Ont., are on strike

10/06/21
Author: 
Michael Lebowitz

“Anyone can succeed”

In a capitalist society, there is always a good explanation for your poverty, your meaningless job (if you have a job), your difficulties and your general unhappiness. You are to blame. It is your failure. After all, look at other people who do succeed. If only you had worked a little harder, studied a little more, made those sacrifices.

09/06/21
Author: 
Johanna Bozuwa Co-Manager, Climate & Energy Program

June 3, 2021

Our dominant system for providing electricity to homes and businesses in the United States—through investor-owned energy utilities—is deeply problematic. By prioritizing shareholder profits over people’s needs, these utilities repeatedly exacerbate climate disasters through their insistence on fossil-fuel use and force millions of families to choose between keeping their homes from either freezing or overheating and feeding their children or seeing a doctor. Increasingly, the consequences can be deadly.

23/05/21
Author: 
Elaine Graham-Leigh

Dawson’s People’s Power argues for localised renewable infrastructure, but central, collective and democratic planning is what is needed, argues Elaine Graham-Leigh.

19/05/21
Author: 
United Electrical Workers Of America
Just to spell it out, which the article seems reluctant to do, this is the United Electrical Workers or, more fully, the United Electrical, Radio, and Machine Workers of America, a very left-leaning union since its founding in the '30s.
          - Gene McGuckin
 

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