44 percent of all workers in the United States make less than $16 per hour, not counting students living in dormitories, graduate students, as well as other sections of the workforce

This stage of capitalism has come to be known by many as neoliberalism . Under neoliberalism, the banks and monopolies rule. Neoliberalism is thus the most sophisticated yet most crisis-ridden form of imperialism to date. Automation and technological development have fueled corporate mergers and rendered large sections of the working class obsolete. Capitalists have frozen wages, plundered the public sector, and placed …

The End of Neoliberalism and Rebirth of History

By Joseph E. Stiglitz, Project-syndicate.org November 14, 2019 | CREATE! For 40 years, elites in rich and poor countries alike promised that neoliberal policies would lead to faster economic growth, and that the benefits would trickle down so that everyone, including the poorest, would be better off. Now that the evidence is in, is it any wonder that trust in elites and confidence …

‘Potentially Seismic for Control of Congress’: Court Strikes Down North Carolina GOP’s Gerrymandered Map

“This is huge: NC is one of the most gerrymandered states in the country.” by Jake Johnson, Common Dreams October 29, 2019 Protesters attends a rally for “Fair Maps” on March 26, 2019 in Washington, D.C. (Photo: Tasos Katopodis/Getty Images) In a ruling that could have major implications for next year’s congressional elections, a North Carolina court late Monday struck …

Global Warming and U.S. National Security Diplomacy: Why the prospect of raising temperatures and sea levels along the coasts while inland regions suffer drought is viewed simply as collateral damage to the geopolitics of oil

Stopping global warming requires a tax policy to close down the special privileges promoting oil industry profits including the use of “flags of convenience” in offshore banking centers as a means of tax avoidance. A Green program logically would include a natural-resource rent tax (as classical economists advocated throughout the 19th century), and charges for what economists call “external economies,” …

Stiglitz: After neoliberalism

For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no longer be any doubt that this approach has failed spectacularly; the only question is what will—and should—come next By Joseph Stiglitz May 30, 2019 on Project Syndicate After Neoliberalism There is no magic bullet …

Progress for whom, and 7 critical graphs showing why Steven Pinker is wrong

Progress for whom, and other critical questions Pope Francis insists we ask line up with points by and data from Jeremy Lent… In Enlightenment Now: The Case for Reason, Science, Humanism, and Progress, published last year, Steven Pinker argues that the human race has never had it so good as a result of values he attributes to the European Enlightenment of …

A vision of a just society and collective well-being over individual benefit: Ongoing lessons of the Zapatista revolution

A Spark of Hope: The ongoing lessons of the Zapatista revolution, by Hilary Klein, Portside.org February 19, 2019  In 1998, Zapatista women in Amador Hernadez demanded daily that the Mexican military leave the village communal landholdings, Tim Russo What are the lessons of the EZLN’s revolutionary struggle for Indigenous autonomy, a quarter-century after declaring war on Mexico and global capitalism? January 1, …

Socio-politico-economic genesis of climate breakdown is Late Capitalism, defined by Ernest Mandel as “Increasing commodification and industrialization of more, and more, sectors of human life” as the social fabric splits apart, delineating “haves” versus “have-nots.”

“We’ve had 28 years of abject failure on climate change. It’s not that we haven’t brought emissions down. It’s just that we’ve watched them go up. In fact, since 2000, the rate at which they’ve gone up is even faster than the 1990s, as Dr. Kevin Anderson recently said.  For starters: (1) The top 10% carbon polluters in the world …