Email

Did It Cross Your Mind?

Polish Girl by Neon Indian off of Era Extraña.

Email

Chomsky On Understanding US Foreign Policy & Ron Paul

Transcript below:

REP. RON PAUL: We’re under great threat because we occupy so many countries. We’re in 130 countries. We have 900 bases around the world. We’re going broke. The purpose of al-Qaeda was to attack us, invite us over there, where they can target us. And they have been doing it. They have more attacks against us and the American interests per month than occurred in all the years before 9/11. But we’re there, occupying their land. And if we think that we can do that and not have retaliation, we’re kidding ourselves. We have to be honest with ourselves. What would we do if another country, say China, did to us what we do to all those countries over there?

So, this whole idea that the whole Muslim world is responsible for this and they’re attacking us because we’re free and prosperous, that is just not true. Osama bin Laden and al-Qaeda have been explicit. They have been explicit, and they wrote and said that we attacked—we attacked America because you had bases on our holy land in Saudi Arabia, you do not give Palestinians a fair treatment, and you have been bombing—I didn’t say that, I’m trying to get you to understand what the motive was behind the bombing. At the same time, we had been bombing and killing hundreds of thousands of Iraqis for 10 years. Would you be annoyed? If you’re not annoyed, then there’s some problem.

AARON MATÉ: That was Republican Congress Member Ron Paul of Texas speaking last night at the Republican presidential debate. Noam Chomsky, your response?

Continue Reading

Email

Rethinking Marx In The 21st Century

The Article: Why Karl Marx Was Right by Lee Sustar in Socialist Worker.

The Text: Economist Nouriel Roubini, whose predictions of the financial crash of 2008 earned him the nickname “Dr. Doom,” has referred his patients to a specialist in capitalist crisis: Dr. Karl Marx.

In an interview with the Wall Street Journal, Roubini said:

Karl Marx had it right. At some point, capitalism can destroy itself. You cannot keep on shifting income from labor to capital without having an excess capacity and a lack of aggregate demand. That’s what has happened. We thought that markets worked. They’re not working. The individual can be rational. The firm, to survive and thrive, can push labor costs more and more down, but labor costs are someone else’s income and consumption. That’s why it’s a self-destructive process.

For several hours on August 12, the Journal website ran the video of the interview as a top story, under the headline, “Roubini: Marx was Right.”

Considering that the first edition of Marx’s three-volume masterwork Capital appeared in 1867, Roubini’s revelation isn’t exactly news to socialist opponents of capitalism. But given the intractable nature of the current crisis–a deep global recession, a weak recovery in the traditional core of the system in the U.S. and Europe, and now the possibility of a lurch into a second recession–mainstream, or bourgeois, economics has been exposed as ideologically driven and incapable of offering solutions.

Stimulus spending, championed by liberal followers of the economist John Maynard Keynes, was in full swing two years ago. It staved off total economic collapse after the financial crash, but failed to produce a sustained boom and led to big government budget deficits.

That opened the door to the free-market champions of the so-called Austrian economic school of Friedrich von Hayek, who argued that slashing spending was key to an economic revival–only to see such measures choke off growth in Europe and, more recently, the U.S.

Continue Reading

Email

Vladimir Putin, The World’s Dreamiest Action Man

Finally, The Atlantic has done what we have all secretly longed for: created a gallery dedicated to former KGB spy, Judo master, and (largely considered) the richest man in Europe, Russian Prime Minister Vladimir Putin. And man is it brilliant.

Email

Hot On The Web