Pillage and Class Polarization: The Rise of “Criminal Capitalism”
James Petras Introduction About 75% of US employees work 40 hours or longer, the second longest among all OECD countries, exceeded only by Poland and tied with South Korea. In contrast, only 10% of Danish workers, 15% of Norwegian, 30% of French, 43% of… more »
Austerity, Adjustment, and Social Genocide: Political Language and the European Debt Crisis
By: Andrew Gavin Marshall Angela Merkel, Jose Manuel Barroso, and Mario Monti: Europe’s champions of austerity and adjustment The following is a sample analysis from my upcoming book on the global economic crisis and global resistance movements. Please… more »
Tags: angela merkel, austerity, competitiveness, european central bank, european commission, european debt crisis, european union, exploitation, growth, herman van rompuy, jean-claude trichet, jose manuel barroso, labour flexibility, mario draghi, nicolas sarkozy, poverty, privatization, structural adjustment, structural reform
A Doomsday View of 2012
James Petras Introduction The economic, political and social outlook for 2012 is profoundly negative. The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Although, even here, their… more »
Tags: american jewish organization, break-up, break-up of european union, capitalists, class warfare, cyber-attacks, depression, economic downturn, exploitation, fifth column, fragmented, israel first, job losses, jobless recovery, mass upheaval, missile attack by us, municipal bankruptcies, neo-fascism, obama regime, occupy wall street, polarized, protectionism, real estate speculation, recession, social programs, unemployment, zionist war
IMF Rates Up Dictatorships Just Before Revolutions
By Michael Collins The International Monetary Fund (IMF) made an embarrassing error just two days before the start of the Libyan people's revolution on February 17. This quote from an IMF country study appeared in a previous article: "The outlook for… more »
Tags: bahrain, egypt, exploitation, globalism, imf, libya, money party, neoliberalism, oman, tunisia, us, yemen
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