Socialism under attack from scared White House

by Ian Goodrum

People’s World | October 26, 2018

Socialism under attack from scared White House

The Trump White House did one thing right in its shoddy report: Interest in socialism and Marxism around the world is increasing.

Since his inauguration, President Donald Trump has been fighting a nonstop battle against enemies both real and imagined—and his latest offensive is a real doozy.

The Opportunity Costs of Socialism,” published on Tuesday by the White House’s Council of Economic Advisors, attempts to smear socialism—worker ownership of production—as a bankrupt ideology. The 72-page paper uses the 200th anniversary of socialist thinker Karl Marx’s birth as a jumping-off point for condemning everyone who doesn’t pray at the altar of the free market. Not even capitalist social democracies like Norway and Sweden are spared from blistering attacks.

Read More »

‘While the Rest of the World Burned,’ Billionaires Made More Money in 2017 Than Any Other Year in History

by 

Common Dreams | October 26, 2018

“The past 30 years have seen far greater wealth creation than the Gilded Age,” the UBS’s annual billionaires report notes. “That period bred generations of families in the U.S. and Europe who went on to influence business, banking, politics, philanthropy, and the arts for more than 100 years.” (Photo: Super Yachts)

During a year in which so much of the world faced deep poverty, the corrosive effects of austerity, and extreme weather caused by the worsening human-caused climate crisis—from devastating hurricanes to deadly wildfires and floods—one class of individuals raked in more money in 2017 than any other year in recorded history: the world’s billionaires.

Read More »

The politics of knowledge production

by Brian Maregedze

Pambazuka News | October 10, 2018

2017 graduation at the University of Zimbabwe
Photo credit: University of Zimbabwe

These are short reflections on the “Pedagogies in Historical Studies: Theory and Practice” that was held at the University of Zimbabwe this year. 

On 9 August 2018, the Economic History Department of the University of Zimbabwe organised a workshop theme titled, “Pedagogies in Historical Studies: Theory and Practice.”

Read More »

Bleeding African economies

by Dhiru Soni

Pambazuka News | October 25, 2018

Photo source: Encyclopedia Britannica

The legacies of colonial rule, both generally and in particular categories of colony, have and still continue to affect post-colonial economic development in Africa through the extraction of resources and illicit funds. The new agency for this is the “Corporation”, which has its origins in the East India Company sanctioned by Queen Elisabeth I as a royal charter. 

The Corporation, which was a revolutionary European invention contemporaneous with the beginnings of European colonialism, and which helped give Europe its competitive edge – has continued to thrive long after the collapse of European imperialism. It was arguably one of the West’s most important exports to the colonies, and the one that has for better or worse changed the trajectory of most countries in Africa as much as any other European idea.

Read More »

Who profits from the end of the mid-range nuclear treaty?

by 

OpEd News | October 24, 2018

The Bulletin of the Atomic Scientists has moved its Doomsday Clock to only 2 minutes to midnight. It might be tempting to turn this into a mere squabble about arrows and olives if this wasn’t such a terrifying scenario.

US president Ronald Reagan and Mikhail Gorbachev, secretary-general of the USSR, signed the Intermediate-Range Nuclear Forces Treaty (INF) in 1987.

Read More »

‘Cancer-causing’ weed killer is found in Honey Nut Cheerios, Quaker Oats and 24 more cereals

by MARY KEKATOS

Mail Online | October 24, 2018

Dozens of cereals, oatmeals and snack bars contain trace amounts of a weed killer that has been linked to cancer, a new report says.

Released by the Environmental Working Group (EWG), the report found 26 of 28 oat-based cereal products that were tested had ‘harmful’ levels of glyphosate, the main ingredient of Roundup. Read More »

IPCC keeps feeding the addiction

by 

Arctic News | October 13, 2018

The IPCC just released its report Global Warming of 1.5ºC. Things aren’t looking good and instead of providing good advice and guidance, the IPCC bends over backward in efforts to keep feeding the addiction.

The Paris Agreement constitutes a joint commitment by all nations of the world to keep the temperature rise below 1.5ºC. The IPCC should have honored this commitment by explaining that the situation is dire and by pointing at action to be taken to improve the situation.Read More »