China decisively played the rare-earth card. America is too dependent, too vulnerable. Ultimately, it had to compromise. But this raises the deeper question: why did the U.S. walk willingly into a self-made trap? The answer lies in its deep-rooted addiction … Read More »
Introducing the Richard Murphy piece replicated below, Naked Capitalism’s Conor Gallagher says this: According to the Kiel Institute, the UK has shovelled 19.266 billion euros into the corrupt hole of death that is Ukraine, which is always worth remembering when elites … Read More »
No coherent alternative to the economically and morally catastrophic consequences of the ‘austerity’ embraced in all but name by Starmer and his incompetent Chancellor is possible without decisively defeating the notion that “balancing the books” – i.e. repaying a creditor … Read More »
It is undoubtedly true that our universities are in crisis. But that crisis is not just financial. It is existential. They have helped create the conditions for their own decline by swallowing the neoliberal promise of efficiency, competition and ‘value … Read More »
Sheffield, UK, April 5 2025 It’s too early to tell if recent events, suggestive of Washington frosting out Netanyahu, mark the opening up of a deeper and broader divide between Israel and the underwriter it needs the way you and … Read More »
* Part 1 set the context for Trump’s tariff mayhem in US elites having for decades found it more profitable to shift manufacturing to the global south, while transforming the domestic economy into one led by interest yielding FIRE – … Read More »
A week ago Chris Hedges introduced a guest on his YouTube channel with these sombre words: The final stages of capitalism, Karl Marx wrote, will be marked by developments intimately familiar. Unable to expand, and generate profits at past levels, … Read More »
I get physically ill watching liberals complain about Donald Trump, instead of what made people desperate enough to vote for him – Reverend Chris Hedges It’s difficult to get a man to see a truth his salary depends on him not … Read More »
I get physically ill watching liberals complain about Donald Trump, instead of what made people desperate enough to vote for him – Reverend Chris Hedges Trump represents greater continuity of foreign policy than either his detractors or admirers recognise – steel city … Read More »
Reactions in Western media have been predictable. As the innovations of a pint-size Chinese AI outfit – innovations imposed (necessity being the mother of invention) by US sanctions on high end chips to China – wipe $billions off Silicon Valley/Wall … Read More »