Daily Archives: August 14, 2024

2024-08-14: News Headlines

newarab (2024-08-14). Polanyi's The Great Transformation and the myth of free markets. newarab.com Looking at economic and other transformations during the Industrial Revolution and beyond, he showed that there is nothing inevitable and 'natural' about free markets, the ideological belief that they can solve most economic problems being utopian and dangerous. | JM Keynes, an important economic thinker of the last century, saw those in authority as distilling thoughts "from some academic scribbler of a few years back." Indeed, his ideas underpin much economic policy today. | However, unlike Keynes who was an apologist for some form of capitalism, the less-remembered Polanyi's "scribbling" shows that market f…

Ashley Smith, Michael Roberts (2024-08-14). The Persistence of Global Capitalism's Long Depression. cadtm.org

Richard D. Wolff (2024-08-14). Capitalism, Mass Anger and the 2024 Elections. counterpunch.org In the wake of his huge defeat on June 30, 2024, when 80 percent of voters rejected French "centrist" President Emmanuel Macron, he said he understood the French people's anger. In the UK, Conservative loser Rishi Sunak said the same about the British people's anger, as Labor leader Starmer now says as the anger explodes.

newleftreview (2024-08-14). Cédric Durand: Landscapes of Capital. newleftreview.org A critical engagement with the work of Brett Christophers, whose books—The New Enclosure, Rentier Capitalism, Our Lives in Their Portfolios and The Price Is Wrong—unfold a novel critique of the 'rentier stage' of contemporary capitalism, in the tradition of radical historical geography developed by Lefebvre, Harvey and Davis.

WSWS (2024-08-14). Fascist billionaires Trump and Musk express hatred of working class and fear of Marxism in interview on X. wsws.org For over two hours, the two billionaires used the global communications platform to spread their neo-Nazi ideology and politics.

ecns.cn (2024-08-14). China Answers | From urban development to easier entry, what has high-level openness brought to China. ecns.cn Opening up is a defining feature of Chinese modernization, as stated at the 3rd Plenary Session of the 20th Central Committee of the Communist Party of China. | As a foreign expert now living in Shanghai, Joseph Gregory Mahoney, professor of politics and international relations at East China Normal University said that the cohesive and open development in the Yangtze River Delta region, as well as China's entry facilitation measures and urbanization progress are major topics to him.

Joel Wendland-Liu (2024-08-14). 'Transnational Communism Across the Americas' offers valuable insights despite its anti-communist tropes. peoplesworld.org Historical research on communist parties and their multiple international relationships has flourished in the past two decades. One remarkable contribution to this field is the book Transnational Communism Across the Americas. This collection of multiply-authored chapters digs into the communist parties of various Latin American countries, such as Cuba, Puerto Rico, El Salvador, Mexico, and …

GABIK (2024-08-14). Garden to assist George Hill residents. sanews.gov.za Garden to assist George Hill residents | The eThekwini Municipality has stepped in to help residents of George Hill Informal Settlement, which has been plagued by unemployment, poverty, and crime. | To address these challenges, the Inner eThekwini Regeneration and Urban Management Programme (ITRUMP) Area Based Management (ABM) has identified the need to start an organic vegetable garden to support poverty-stricken families in ward 31. | The vegetable garden was recently launched by the city, after ITRUMP ABM reached out to sister departments for help to make the garden a success. | Under the mentorship of Althea…

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