(2021-12-28). Richard Wolff: US Capitalism Has Peaked And Is On The Way Down'. popularresistance.org For the end of the year, Clearing the FOG speaks with economist Richard Wolff about the current state of United States capitalism. Wolff explains that the United States is experiencing the greatest crisis in its history – a severe economic crisis at the same time as a pandemic, as well as the climate crisis. This is unprecedented. Unlike the great depression in the last century, when the wealth divide shrank, inequality is worsening. On top of that, US empire is in decline. Wolff discusses the current state of inflation and supply chain disruption and the forces behind them. Instead of facing up to these realitie…
(2021-12-28). After Years Of Setbacks, US Labor Demonstrates Its Power. popularresistance.org For many workers, the pandemic revealed the cruelty of capitalism. Mainstream media and politicians campaigned for a return to business as usual during this second year of COVID. In particular, workers, called "essential" and "heroes" during the pandemic, were expected to continue sacrificing the most while receiving the least in pay and benefits. At the same time, the world's biggest corporations made record-breaking profits and the richest individuals saw their wealth multiply.
(2021-12-28). An Anniversary of Stalinist Counterrevolution: 30 years since the end of the USSR. wsws.org The International Committee of the Fourth International (ICFI) recognized, as early as 1985, that Gorbachev's policies of glasnost and perestroika expressed the drive of the Stalinist bureaucracy to reintegrate the Soviet economy with the world market through the restoration of capitalism.
(2021-12-28). The Radical Legacy Of New York's Winter Rent Strike. popularresistance.org From 26 December 1907 to 9 January 1908, 10,000 tenants, predominantly Jewish immigrants from Eastern Europe living in New York City's Lower East Side, took part in a historic rent strike. During an economic depression causing mass unemployment and grinding poverty, landlords tried to hike rents by thirty-three percent. With their cry to 'fight the landlord as they had the Czar', the tenants won a partial victory, with rents significantly reduced for 2,000 households. The movement established a tradition of militant working-class housing campaigns that eventually contributed to winning vital rent controls that st…
(2021-12-27). Desmond Tutu Opposed Capitalism, Israeli Apartheid And US/UK Imperialism, Too. popularresistance.org Being a leader in the movement to end apartheid in South Africa was probably the greatest achievement of the man's life work, and it should come as a surprise to no one that this is the focus of his many obituaries, along with the Nobel he was awarded in 1984. After Martin Luther King, Jr.'s assassination, he was remembered by the establishment in much the same way, as a leader of the movement against apartheid in the US. The fact that he had become one of the most well-known and well-loved voices of the antiwar movement in the United States and around the world at the time of his death has largely been written o…