Tariff War with China: Ford faces loss, planning job cuts

Journal of People report

Trade war concept

Ford may have to cut production of some models, which will reduce U.S. jobs, and all these are because of tariff war with China, which the U.S. has initiated.

Ford has informed employees this week of a planned reorganization that will cut salaried jobs as the automaker seeks to improve profits and revive its stock price.Read More »

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Nationalizing the Banks is a Popular Demand, So Let’s Demand It

by Glen Ford

The following is an edited version of remarks Black Agenda Report executive editor Glen Ford delivered to a panel on Imagining an Authentic U.S. Left for the 21stCentury ,” at the Left Forum, in New York City, this past weekend.

Power to the People!

I’m honored to be among the folks that Paul Street invited to think with him about what an “authentic” left would look like in the United States. It’s something that many of us think about all the time.Read More »

Are You Paying Enough for Your Food?

by Danielle Nierenberg and Emily Payne

Inter Press Service | May 31, 2018

Are You Paying Enough for Your Food?Credit: Bigstock

New Orleans, United StatesMany factors contribute to the cost of a tomato. For example, what inputs were used (water, soil, fertiliser, pesticides, as well as machinery and/or labour) to grow it? What kind of energy and materials were used to process and package it? Or how much did transportation cost to get it to the shelf?Read More »

Under the cover of philanthropy: a monopoly machine at work

by Pavan Kulkarni

News Clicks | March 22, 2018

Bill and Melinda Gates Foundation
Image Courtesy: Business Day

 The long-term costs of allowing a handful of corporations to take over healthcare and agriculture in developing countries, in exchange for vaccinations and hybrid seeds sold at discounted price, is likely to be a forbidding one – one that the populations of the Global South will be suffered to pay once the process of monopolization is complete.

The possibility of a handful corporations monopolizing healthcare and agriculture in the developing world is a very real risk today. Closely associated with these corporations, the Bill and Melinda Gates Foundation (BMGF) – the richest and the most powerful philanthropic foundation shaping these sectors globally – aids them in the process of monopolization by granting huge funds to its network of NGOs to carry out activities which mainly benefit these selected corporations, in many of which the foundation has considerable financial stakes.   Read More »

Bubbles, Stocks and Crashes

by Prabhat Patnaik

People’s Democracy | February 18, 2018

WHAT is happening in the US economy provides an object lesson on the functioning of neo-liberal capitalism. Pre-first world war capitalism which had witnessed the long Victorian and Edwardian boom had relied on the colonial arrangement for the system’s dynamics. The goods produced by Britain had been sold in colonial and semi-colonial economies (causing “deindustrialisation” there), and goods of even greater value had been taken away from these economies (the difference constituting the “drain of surplus”) to be exported, partly against British imports and partly on credit, to the “New World”, ie, to the temperate regions of white settlement, for which Britain and not the colonies were counted as the creditors.Read More »

Agrotowns: Ecological pathways to development

by Donald Donato

People’s World | January 05, 2018

Agrotowns: Ecological pathways to development

Cuban argoecological urban farming. | Sustainable Sanitation Alliance / CC

CAMBRIDGE, Mass.—Imagine living in a town surrounded by ecologically friendly farms; walkable, green, with world-class cultural and health institutions, and flexible working schedules allowing you to get your hands dirty and exercise by working on a farm in the morning and studying, creating art, or playing with your children in the afternoon.

Envision a comfortable, well-constructed, and re-purposed rural town, devoted to growing the highest quality produce and food products, with the least amount of chemicals, packaging, and transportation costs. If you get the picture, you’re beginning to understand the idea of an “agrotown.”Read More »

WTO and Commodification of Education

by Neha Chauhan\

Frontier | November 23, 2017

Is it tenable to propose and perceive education as a commodity or a good which can be traded? Is education a state responsibility or an “opportunity” which only the select few can avail? When citizens become consumers and corporations’ rights are protected with more vigour than human rights, there seems to be nothing wrong with the scenario wherein education can be treated as a commodity with profit and loss as its guiding factor.

Under the WTO regime education is a tradable service and therefore subject to the same liberalization rationale as other tradable commodities and services. In 1994, with the conclusion of the General Agreement on Trade in Services (GATS) national laws and regulations of many countries governing education became the object of an international trade regime. At the time, few members of the education community noticed.[1] The General Agreement on Trade in Services (GATS) also contains the cross border provisions of education. Currently negotiations are underway to expand the scope of the liberalization commitments in GATS.Read More »