Capitalism
Latin American and Caribbean movements call for united struggle and other stories

Today we look at the 3rd Assembly of ALBA Movimientos, the ongoing boycott of Israeli courts by Palestinian administrative detainees, and more

Aijaz Ahmad: critic, scholar, communist

In memory of Aijaz Ahmad whose insights continue to illuminate and inspire

Peruvian fishermen protest agreement with Repsol on oil spill

Fishermen are dissatisfied with the agreement signed between the national government and the Repsol company on an initial compensation of 3,000 soles to affected fishermen and fish merchants. They say that they lose more than 5,000 soles a month due to the disastrous oil spill

How economic ‘reforms’ plundered India

Capitalism is based on big lies – that the West is prosperous because of the Industrial revolution and free market policies. Senior journalist Aunindyo Chakravarty explains

Resource limits to US capitalism & the predator state today

James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail

Repsol oil spill declared worst ecological disaster in Peru’s recent history

Peru is in the midst of dealing with a major oil spill just 30 kilometers from the capital city Lima. On January 15th, 6,000 barrels of crude oil spilled into the ocean while a tanker was unloading at a Repsol facility.

Outrage in Peru following devastating Repsol oil spill

The devastating oil spill has polluted 1.7 million square meters of soil and 1.2 million square meters of ocean, tarred 21 beaches on Peru’s Pacific coast, and killed a vast variety of marine wildlife, besides incurring huge economic losses to fishing and tourism industries

Inequality Impose 1% surcharge on richest 10% Indians to reduce inequality: Oxfam India

Inequality has always plagued India but it has been exacerbated by the Narendra Modi government in the last eight years. The promotion of corporate giants at the cost of public welfare is the driving force behind the increasing inequality

Bank privatization isn’t conducive for financial markets under capitalism

State ownership of banks not only provides for wider reach of institutional credit but also for stability of the financial system of capitalism itself

At COP26, the only person arrested and charged was a Communist.

Amid the deepening climate crisis, it has become increasingly clear that capitalism is not only the root of the problem, but it also offers no viable solutions. Police cracked down on those that bore the clarion call “socialism or extinction”

The fascist assault on a union in Italy: Some thoughts

On October 9, during a demonstration against the government’s measures to limit the spread of the pandemic, right-wing nationalist forces attacked the headquarters of the major union CGIL in Rome. What lies behind that assault and how can it be framed?

Free market economics has failed India

Free market policies followed by successive Indian governments have led to a massive job crisis. The average annual rate of job growth has been lower than the growth of India’s working age population since the 1990s

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