Pillage and Class Polarization: The Rise of “Criminal Capitalism”

June 14th, 2015
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

July 25th, 2012
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 »

A Doomsday View of 2012

December 25th, 2011
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 »

IMF Rates Up Dictatorships Just Before Revolutions

March 3rd, 2011
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 »

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