Viewing State Currency

ADDED 06/22/2019

We Really Need to Eat the Rich

FROM 06/16/2019 | Jacobin

BY MATT BRUENIG

Here’s a statistic to get your class rage going: since 1989, the top 1 percent’s net worth has skyrocketed by $21 trillion. And the bottom 50 percent’s? It’s plummeted by $900 billion. very quarter, the Federal Reserve puts out the Financial Accounts (aka “Z1” or “Flow of Funds”), which provide economy-wide aggregates for nearly every kind of […]

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ADDED 05/04/2019

Fascism is on the minds of book buyers — and publishers are taking notice

FROM 05/03/2019 | Los Angeles Times

BY Scott Timberg

Remember “The End of History?” Elizabeth Drummond, who spent the 1990s studying at Georgetown University, recalls Francis Fukuyama’s groundbreaking essay well, which announced “an unabashed victory of economic and political liberalism.” The Soviet Union had just collapsed in a peaceful devolution, Germany was reunified as Champagne popped alongside the crumbling Berlin Wall and democracy seemed […]

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ADDED 03/23/2019

The road to global debt supremacy: How finance swallowed democracy.

FROM 03/16/2019 | This is Hell

BY Chuck Mertz, Jerome Roos

Debt repayment is a crucial lever in the process of empowering technocrats at finance ministries and central banks, giving them more authority to act as a ‘responsible debtor.’ In the process, we see that lack of democratic responsiveness, that growing power of technocrats and marginalization of those who seek to respond to more popular demands […]

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ADDED 03/23/2019

Macron’s plan to use troops in Paris protests sparks anger

FROM 03/22/2019 | Financial Times

BY Victor Mallet

French president Emmanuel Macron’s decision to use anti-terrorist troops to help police control any violent demonstrations in Paris this weekend has triggered fierce criticism from both sides of the political divide as well as security analysts. Mr Macron decided to deploy soldiers of the Sentinelle unit to relieve the police of some of their guard […]

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ADDED 03/09/2019

Russell Brand, Henry Giroux and Brad Evans on Fighting Fascism

FROM 03/03/2019 | Truthdig

BY Russell Brand

In this interview between actor, activist and comedian Russell Brand and Henry Giroux and Brad Evans, there is a wide-ranging and robust discussion about the meaning and the rise of fascism in the United States, the necessity of the left to address it, what it takes to move from a demonstration to a movement, whether […]

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ADDED 02/09/2019

Autocracies that look like democracies are a threat across the globe

FROM 02/05/2019 | The Conversation

BY Richard Carney

Russia’s successful interference in the 2016 U.S. presidential election may inspire other countries to do the same. These other countries don’t look threatening. They look like democracies. But they’re not. They’re a special kind of autocratic regime that masquerades as a democracy. And what looks like benevolent conduct by these countries can quickly change into aggressive, […]

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ADDED 02/09/2019

Selfishness Is Killing Liberalism

FROM 02/19/2018 | The Atlantic

BY JAMES TRAUB

The death of liberalism constitutes the publishing world’s biggest mass funeral since the death of God half a century ago. Some authors, like conservative philosopher Patrick Deneen, of Why Liberalism Failed, have come to bury yesterday’s dogma. Others, like Edward Luce (The Retreat of Western Liberalism), Mark Lilla (The Once and Future Liberal), and Steven Levitsky […]

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ADDED 01/31/2019

U.S. Far Right Figures Flew to Russia to Party with Oligarchs and Fascists

FROM 01/30/2019 | Hill Reporter

BY Ollie Ward

A cache of hacked emails revealed that a senior figure in the Bradley Foundation, a prominent financier of right-wing groups in the US, attended a gala alongside Russian oligarchs and officials shortly after the Russian invasion of Ukraine in 2014. The Daily Beast reported that a new leak site called Distributed Denial of Secrets hacked the […]

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ADDED 01/24/2019

Americans Have Lost Faith In Their Ability To Move From Poverty To Riches

FROM 01/21/2019 | HuffPost

BY Jo Confino

People in the United States and other developed countries are losing faith in the capitalist system to improve their lives, according to a new global poll commissioned by the World Economic Forum, published on the eve of its annual meeting in Davos, Switzerland. Almost two-thirds of U.S. respondents said it was no longer commonplace for […]

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ADDED 01/17/2019

The self is capital: Seeing life within, and beyond, the neoliberal frame.

FROM 03/10/2018 | This is Hell!

BY Julie Wilson

People acquiesce to neoliberalism, but they’re completely disaffected from it. They don’t like it, they’re disciplined into it by debt, and by the norms of competition and the kind of social Darwinism that it promotes – but at the same time, that disaffective consent is a tenuous thing to build a society on. So the […]

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ADDED 01/14/2019

The ‘Private Governments’ That Subjugate U.S. Workers

FROM 01/14/2019 | Truthdig

BY Chris Hedges

Corporate dictatorships—which strip employees of fundamental constitutional rights, including free speech, and which increasingly rely on temp or contract employees who receive no benefits and have no job security—rule the lives of perhaps 80 percent of working Americans. These corporations, with little or no oversight, surveil and monitor their workforces. They conduct random drug testing, […]

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ADDED 01/09/2019

What is the Precariat | Guy Standing | TEDxPrague

FROM 02/16/2017 | Youtube

BY Guy Standing

We’d better have nightmares about the future of milions of people who stand on the brim of unsustainable debt. Guy Standing pracuje na School of Oriental and African Studies – SOAS na University of London. Je autorem mnohých knih, z nichž nejznámnější je asi „Prekariát: Nová nebezpečná společenská třída“, která byla přeložena do 16 jazyků. […]

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