Viewing Keynesianism

ADDED 06/02/2018

Hanif Kureishi’s play revives Southall racism history in the age of Brexit

FROM 06/02/2018 | Hindustan Times

BY Prasun Sonwalkar

Much has changed since the 1976 murder of teenager Gurdip Singh Chaggar and the 1979 riots in Southall that form the backdrop of acclaimed writer Hanif Kureishi’s political play Borderline, but its continuing relevance in the age of Brexit was highlighted in London on Thursday. A two-hour engaging reading of the 1981 play at the […]

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ADDED 05/31/2018

Turkey and Poland: two nations paralysed by rightwing populism

FROM 05/31/2018 | The Guardian

BY Ece Temelkuran

Our two nations can feel solidarity in how our revolutions turned into authoritarianism. Is there hope for us? Of course. “A true patriot of her country and Europe.” This is how I was described during the Ambassador of New Europe award ceremony speech at the European Solidarity Centre in Gdańsk, Poland. My book, Turkey: The Insane and the […]

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ADDED 05/30/2018

White Americans abandoned democracy and embraced authoritarianism when they realized brown people would soon outvote them

FROM 05/30/2018 | Boing Boing

BY Cory Doctorow

A working paper from a pair of political scientists analyzed World Values Survey data to trace the rise of support for authoritarianism in America to a growing sense among white people that democracy’s commitment to giving everyone a vote would soon erode their privilege, as the growing population of racialized people started to vote for fairer policies. […]

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ADDED 05/23/2018

The Coming Collapse

FROM 05/20/2018 | TruthDig

BY Chris Hedges

The Trump administration did not rise, prima facie, like Venus on a half shell from the sea. Donald Trump is the result of a long process of political, cultural and social decay. He is a product of our failed democracy. The longer we perpetuate the fiction that we live in a functioning democracy, that Trump […]

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ADDED 05/20/2018

THE TROUBLE WITH VENEZUELA’S UPCOMING PRESIDENTIAL ELECTION (IN PHOTOS)

FROM 05/19/2018 | Pacific Standard

BY Ashley Hackett

Life under Nicolás Maduro’s authoritarian regime is likely to continue as Venezuela heads into a presidential election this Sunday. Though Venezuela’s daily hunger crisis mounts and inflation continues to skyrocket, Venezuelan President Nicolás Maduro is still expected to win re-election on Sunday, extending his five-year term. Street protests against Maduro are common as people cry out against the lack of […]

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ADDED 05/18/2018

The Economy Is Too Important to Leave to the Economists

FROM 05/18/2018 | Truthdig

BY Elaine Margolin

“Talking to My Daughter About the Economy, Or, How Capitalism Works—And How It Fails” A book by Yanis Varoufakis. Translated from the Greek by Jacob Moe and Yanis Varoufakis Over the course of several books, Yanis Varoufakis has attempted to explain his progression from a “self-described erratic Marxist” to someone who now places his faith […]

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ADDED 05/18/2018

Illiberalism Is Rising. Here’s How We Can Turn That Tide and Renew Our Democracy.

FROM 05/18/2018 | The Daily Beast

BY John Trumbull

“I didn’t leave the Democratic Party,” Ronald Reagan famously quipped. “The Democratic Party left me.” At a moment when our main political parties are looking unrecognizable, large numbers of Americans are feeling politically homeless. Even the Gipper would likely be thrown out of today’s Republican Party as an apostate. Reagan was, after all, the president […]

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ADDED 05/15/2018

Democracy’s Critics

FROM 06/26/2017 | Jacobin

BY COLIN GORDON

The malevolent incompetence of the Trump White House packs a certain entertainment value, but it is also a distraction; a bumbling misdirection in a long confidence game. At stake, as historian Nancy MacLean underscores in her new book, , is not just political power, not just the final dismantling of the New Deal order, but the […]

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ADDED 05/11/2018

With Lula in jail, the future of democracy in Brazil is at stake

FROM 04/28/2018 | Red Pepper

BY Alfredo Saad-Filho

As the Brazilian Election looms, Alfredo Saad-Filho examines what Lula da Silva’s prosecution means for the future of democracy. Former President Luís Inácio Lula da Silva, the most popular politician in Brazil, has been jailed for 12 years and 1 month for corruption. This was the outcome of an unprecedented judicial persecution already lasting four years: the most […]

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The surprising continuation of history. Gasp!

Twenty-eight years ago some goofball named Francis Fukuyama mistook the ever-decaying Soviet Union’s imminent demise as proof that St. Ronnie’s shining city on a hill would be the final, and finest, expression of humanity’s potential.

With all the glee they could muster, the paid propagandists at the Heritage Foundation AND Brookings Institution rallied together to move Fukuyama’s proclamation of the End of History from theory to fact.

In the intervening period, humanity did not build a liberal capitalist utopia. Instead, it immediately began devolving into a slave population in the service of a minuscule, corrupt, kleptocratic, global oligarchy. The erosion of actual self-determination is masked by the fetishization of low prices and the celebration of conspicuous wealth. The underlying theft of the 20th-century public commonwealth begun under Thatcher and Reagan has metastasized into a global race to monetize the essentials of human life itself.

Fukuyama’s back making the case that his original thesis is still valid. History is over and unfettered markets are the only way that humanity will allow humans to fulfill their potential. Timothy Snyder disagrees and explains the current historical phase as Sadopopulism – which sure sounds a lot like the preparations for a return of monarchical empires, this time with unregulated corporations wearing the warring crowns.

ADDED 05/09/2018

History’s protracted end

FROM 05/09/2018 | IPS Journal

BY Francis Fukuyama

American political scientist Francis Fukuyama became an overnight star when, in a 1989 magazine article, he claimed that liberal capitalist democracy had not just triumphed over communism, but marked the last ideological stage in human history. Speaking to Nikolaos Gavalakis, Fukuyama explains why he believes his broad theory still holds despite the ascendency of populist parties […]

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ADDED 05/07/2018

Marx the Journalist

FROM 05/05/2018 | Jacobin Magazine

BY James Ledbetter

Marx is often remembered as a political economist or philosopher. But he made his mark as a journalist. Political economist. Philosopher. Journalist? Two hundred years after his birth, Marx is remembered as many things — but not often as a member of the Fourth Estate.James Ledbetter sees that as a mistake. The editor of a […]

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