U.S. Seen as Climate Risk With Two-Thirds of New Oil and Gas

By Alex Nussbaum, Bloomberg, August 20, 2019  ‘Staggering’ forecast makes U.S. climate risk: Global Witness  Surge would be 40 times new Russian output, 20 times Saudi The U.S. will account for for almost two-thirds of the world’s new oil and natural gas output in the decade ahead, making it a critical obstacle to stopping climate pollution, a London-based advocacy group says. …

US decline vs. China’s continued expansion

By Danny Haiphong, Blackagendareport.comAugust 10, 2019  U.S. imperialism views the One Belt One Road as an existential threat to the domination and monopoly of the dollar. “China is becoming deeply connected to Asia, Europe, and Africa and this spells doom for U.S. imperial hegemony.” The U.S. is once again mired in the political circus of the presidential election cycle. Corporate Democrats …

Advertising results: most people believe that recycling is the greenest and most

Our lives have been co-opted by the Convenience Industrial Complex By Lloyd Alterl July 25, 2019 Nobody ever lost money making things easier or more convenient, and our planet is paying the price. After the Second World War, the aluminum industry had a problem; there were all these dams built to make electricity and all these aluminum refineries that used …

Redesigning Business for a Democratic Economy

By Marjorie Kelly July 17, 2019 We find ourselves in a moment of breakdown—but also a moment of unprecedented opportunity. Even as widespread faith in the workings of our economy is falling apart, unsung innovations are quietly arising. Entrepreneurs, business executives, investors, and community leaders are choosing to ‘get in front of this problem,’ showing how we can move beyond an …

What America Needs to Understand About Capitalism

July 13, 2019 by Project Syndicate by Clair Brown, Simon Sällström The United States has the resources to create a better capitalist system, and it is clear which policies can improve wellbeing today and create a more equitable and sustainable economy for future generations. Now the country needs to elect a president and Congress that can build this system. Our research …

Capitalism: A Conversation in Critical Theory, by Nancy Fraser and Rahel Jaeggi

Kindle Location (Loc) 272: Chapters 1 and 2 ended up focusing largely on Nancy Fraser’s “expanded” view of capitalism as “an institutionalized social order” that harbors multiple crisis tendencies. Loc: 312. Not since the interwar period have people in Western societies felt themselves so exposed to the instability and unpredictability of our economic and social order – a sense of …

Initial highlights from Capitalism: A Conversation in Critical Theory, by Nancy Fraser and Rahel Jaeggi

Kindle Location (Loc) 272: Chapters 1 and 2 ended up focusing largely on Nancy Fraser’s “expanded” view of capitalism as “an institutionalized social order” that harbors multiple crisis tendencies. Loc: 312. Not since the interwar period have people in Western societies felt themselves so exposed to the instability and unpredictability of our economic and social order – a sense of …

Takers and Makers: Who are the Real Value Creators? Where value meets profit meets economic rent, by Mariana Mazzucato. And deal with power…

The way the word ‘value’ is used in modern economics has made it easier for value-extracting activities to masquerade as value-creating activities. And in the process rents (unearned income) get confused with profits (earned income); inequality rises, and investment in the real economy falls. What’s more, if we cannot differentiate value creation from value extraction, it becomes nearly impossible to …