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As we write, stories of the riots in France are broadcasting across the world, with talk of businesses being looted and everything from town halls to libraries going up in smoke at the hands of rioters. The first thing to say is that these ‘riots’ are popular revolts—revolts against police brutality, against the feeling of […]
- by Guy D Middleton
The Founding Fathers made startlingly progressive statements that didn’t make it into popular history.
The post For July 4, Here Are 10 Shockingly Radical Things the Founding Fathers Said appeared first on The Intercept.
One of the big constant news stories recently has been about UK water utilities constantly flushing untreated sewage into the rivers and oceans near the UK, while raising prices, paying huge salaries to their executives and massive dividends. One solution is to take them back into public ownership.
But another possibility is to make the mutual companies. I worked for a mutual insurance company for a while, and helped it de-mutualize, at which point its prices went up, employees were treated worse, executives made more money and so on.
They’re not all magical and entangled. These fungi will kill you.
The post The Dark Side of Fungi appeared first on Nautilus.
MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …
The post While opposing political parties play the fiscal credibility game, people get hurt. appeared first on The Gower Initiative for Modern Money Studies.
A new era of antagonism between the US and China has emerged in the wake of the COVID-19 pandemic. This is seen in the mounting rhetoric of "strategic competition" escalating military expenditures and efforts at alliance building such as AUKUS. Increasingly important are the US's efforts to contain China economically, as seen in the US CHIPS Act that restricts exports of US and Taiwanese semiconductors and advanced technological components. However, at the heart of worsening relations between the US and China is a paradox: the US and China are integrated into global capitalism and deeply interdependent in processes of accumulation. The major fault line of international antagonism no longer lies between the capitalist world and its external enemies as in the last Cold War, rather it is between the two major capitalist powers.
It was this puzzle of antagonism amidst integration, that I sought to unknot in my Honours thesis in the Department of Political Economy at the University of Sydney.