Bound by laws and the competition of the market, corporations cannot be trusted to put human life before profit. Freeing companies from the “red tape” of regulation will inevitably lead to a Wild West in air travel, where accidents like the Ethiopian and Lion crashes occur more frequently.
President Trump seems to be trying to compensate for the decline in US power overall by way of adopting more bellicose and foghorn rhetoric for others to comply with American demands.
Trump is trying to square a globalized world through a national-based American capitalism. It won’t work. Former President Teddy Roosevelt (1901-09) described the essence of US foreign policy as “speaking softly while carrying a big stick”. Under the incumbent president, Donald Trump, it seems to be all about “speaking loudly”. What Trump is
This column is not about Jeff Bezos. It’s about the system that created Jeff Bezos.
This article originally appeared on Truth Dig. I do not want to talk about Jeff Bezos. But in order to not talk about Jeff Bezos, I have to talk about Jeff Bezos. We all know the Lex Luthor-looking head of Amazon is the richest
Russian interference in American politics is totally welcome so long as it helps turn public opinion against a “multipolar” Russia, glorifies American democracy, and serves U.S. interests.
The Cold War between the United States and the Soviet Union was ostensibly a conflict between two ideologies, two socio-economic systems. All that seems to be over. The day of a new socialism may dawn unexpectedly, but today capitalism rules the world. Now the United States and Russia are engaged in a no-holds-barred fight between capitalists.
When we get right down to it, all of the profits that capitalism has generated over the centuries are probably due to capitalists not having to cover the full cost of their production, costs passed on to the environment and to third parties and pocketed the savings as profit.
Ecological economists, such as Herman E. Daly, stress that as the external costs of pollution and resource exhaustion are not included in Gross Domestic Product, we do not know whether an increase in GDP is a gain or a loss. External costs are huge and growing larger. Historically, manufacturing and industrial corporations, corporate farming,
Revulsion is building towards the smokescreens of hypocrisy, racism, and nationalism barely masking capitalism’s ongoing failure to provide the jobs and incomes people need.
In the wake of W.E.B. DuBois’s 150th birthday, his works offer a lens through which to assess US capitalism’s relationship to racism today. He famously wrote: “Capitalism cannot reform itself; it is doomed to self-destruction,” while adding that in the US, race would be a key issue in that process. Thus he would have had much to say when, around
Thierry Meyssan posits that Donald Trump’s objectives consist of reinvesting the transnational capital in the US economy and turning the Pentagon and the CIA away from their current imperialist functions with National Defense.
In 1916, during the First World War, Lenin analyzed the reasons which led to the confrontation between the empires of his time. He wrote - Imperialism, the Highest Stage of Capitalism. In this book, he clarified his analysis - « Imperialism is capitalism which has arrived at a stage of its development where domination by monopolies and financial
