Latin America: 200 years of the infernal cycle of debt

by Éric Toussaint

Committee for the Abolition of Illegitimate Debt | November 23, 2017

Eric Toussaint, of the CADTM (Committee for the Abolition of Illegitimate Debt), explains the difficulties encountered by States overly dependent on raw materials.

With a PhD in Political Science and speaking for CADTM international, Eric Toussaint has just published Le Systeme dette, histoire des dettes souveraines et de leur répudiation (Les Liens qui libèrent, 338 p., 19,50 €). (‘The Debt System: a History of Sovereign Debts and their Repudiation’.) He explains how countries that are over-dependent on raw materials fall into the debt trap.

Venezuela has partly defaulted. How did it come to this?

Venezuela is an emblematic case of the infernal cycle that Latin America has been struggling with over the last two centuries. It all began in 1810, when Simon Bolivar, a figurehead of the Spanish colonies in their fight for freedom, began borrowing from London in very unfavourable conditions to finance the wars of independence.

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Karl Marx “returns” to Germany as 200th birth anniversary approaches

by Ren Ke, Tian Ying, Zhang Yuan

XINHUA NET | November 18, 2017

Marx money bank

In the fatherland of Karl Marx, the question begs itself: is his Das Kapital still up to date? Over two thirds of respondents voted for “Yes, it is more up to date than ever before.”Read More »

Four Effects of the Blockade Against Venezuela

by Misión Verdad

teleSUR | November 29, 2017

A ship docks in Puerto Cabello, Venezuela.

A ship docks in Puerto Cabello, Venezuela. | Photo: Venezuelan Ministry of Transportation

The financial blockade directly affects routine international payments for goods and services.

No doubt remains that the blockade of the Bolivarian Republic of Venezuela is intended to deepen the sabotage of the Venezuelan people’s social and economic life.

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Fidel’s Commitment to Women’s Emancipation Unparalleled

by Marion Deschamps

teleSUR | November 25, 2017

The Cuban Women

The beginning of the Cuban Revolution in 1959 marked a remarkable political, economic and social change in Latin America’s history, especially for Cuban women, who did not just participate in the military victory but also have played a prominent role throughout the building of the socialist nation.Read More »

Forced From Home

LA Progressive | November 28, 2017

 doctors without borders

It is very difficult these days to not engage in political discussion. Outrage from both the left and right dominate the news cycles and breaking news has become a seemingly hourly occurrence. It is far too easy to apply a political calculus to virtually all events regardless of their significance. So it is time to take a break, maybe only a momentary lapse, but a break nonetheless and focus on a deadly serious issue where politics does not play a role.

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Socialist Planning Circles: Building Scaffolds Before the Wreckage

LA Progressives | November 14, 2017

Socialist Planning Circles

In my last article, Do You Socialists Have Any Plans? Why We Need Socialist Architects, I argued that the only way 21st century socialism is going to get any traction with working class people is to not only have a socialist vision, but also to have feasible plans which suggest transitions in between the current capitalist crisis and our ultimate vision.

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Obituary: István Mészáros, Hungarian Marxist political philosopher who taught at St Andrews

by Terry Brotherstone

The Scotsman | November 18, 2017

István Mészáros (photo credit: Carrie Ann Naumoff)

Following the Soviet army’s brutal suppression of the Hungarian Revolution in 1956, István Mészáros – the internationally respected political philosopher, who has died aged 86 – accepted the advice of his senior colleague, the renowned cultural critic György Lukács, to escape from his home city of Budapest. His path to a life in the West took him via Turin and London to a lectureship at St Andrews University. What his colleagues there first wanted to know was not about his political experiences or relationship with Lukács but: ‘What’s your handicap?’ Realising they were not referring to physical disability, he gathered he would be required to play golf as well as teach Hegel. He picked the game up quickly and, before leaving for the new University of Sussex five years later, could defeat most of his fellow academics on Scotland’s famous links.Read More »