Greece still has alternatives. What mix of compromise and confrontation could yield something better than more austerity?
|by Nantina Vgontzas September 25, 2015|
|Nikos Evangelos (Nicholas Levis) September 12, 2015|
The Greek Drama of 2015: What Next?
a talk by Nicholas Levis (Nikos Evangelos)
The preliminary report of the parliamentary Truth Committee on Public Debt declared the entire Greek debt to be odious, unethical, unsustainable and illegal. Do they have a case?
Sunday, September 13, 2015
2:00 - 3:00pm
International Affairs Building, Room 409
Columbia University, Manhattan
Entrance at 118th Street and Amsterdam
|by Ricardo R. Fuentes Ramírez August 7, 2015|
Paul Krugman’s analysis of the Puerto Rican debt crisis has subtle problems, but with big policy implications. Overall, his piece hits key points that other economists continue to miss: 1) Puerto Rico’s fiscal crisis is closely related to its economic depression, 2) the government patched up the problem with borrowing, instead of going to the root of it, 3) Puerto Rico’s low rate of labor force participation is not necessarily a result of welfare, 4) the situation is exacerbated by the Jones Act, 5) too much austerity can be self-defeating, and 6) it would be a terrible idea to give the hedge funds what they want (destroying the island’s education system in the name of fiscal responsibility). All of these points demonstrate Krugman understands the Puerto Rican case better than many Puerto Rican policy makers and economists. However, the subtle problems in his piece should be further discussed.
|by Gary Zabel July 26, 2015|
While in Athens, I have gotten into the habit of ending the day by enjoying an iced coffee with cream in an outdoor cafe in a park about one mile from my hotel. It is there that I have been writing these dispatches. As I remarked in my first report, the park the cafe is in is filled with children, teenagers, young couples, the middle-aged, and old people until quite late. The cafe does not start to empty until after midnight.
|by Carlos Rovira July 25, 2015|
For the many people who have engaged in the struggle for Puerto Rico’s independence, July 25 has a special significance. On that date in 1898, U.S. troops invaded Puerto Rico, beginning a period of U.S. colonial domination on the island that continues to this day. The United States invaded Puerto Rico, along with the Philippines, Guam and Cuba, in the setting of the Spanish-American War. That war was the opening of what would be the menacing role and predatory nature of the U.S. capitalist class in the Caribbean, Latin America and the entire world.
|by Heriberto Martínez-Otero and Ian J. Seda-Irizarry July 20, 2015|
In this brief essay we offer a general and immediate overview of the socioeconomic situation in Puerto Rico. We do it while recognizing that such an analysis is incomplete if the historical, institutional, and political dimensions within the uneven development of capitalism are left out. In this particular case we do not explicitly deal with the colonial relationship of the island with the United States or provide a structural analysis of the economy (these dimensions will be treated in a forthcoming comprehensive article).
|by Dan Swain July 17, 2015|
Dan Swain discusses the contested ambitions and leaderships within our movements. This article was originally published in the Summer 2015 issue of the rs21 magazine.
Throughout the history of socialist movements and ideas, the fundamental divide is between Socialism-from-Above and Socialism-from-Below
|by Yousef Khalil||Summer 2015|
The foundations for the Arab uprisings that took place in the wake of the 2008 financial crisis were laid in the years before by the neoliberal restructuring of Middle Eastern and North African economies.
Portrait of a Continent in Crisis
|by Stefanie Prezioso||Summer 2015|
Seventy years after the end of World War II and the defeat of fascism and Nazism, the extreme right is on the rise in almost every European country.
|by Jean Batou||Summer 2015|
Putin’s Russia is an imperialist state dominated by a capitalist oligarchy that controls the state and that has developed a bellicose attitude toward its neighbors, whom the oligarchy reproaches for having taken advantage of the collapse of the Soviet Union in order to escape its century-long tutelage.
|by Saulo Colón July 9, 2015|
In this TeleSur interview with Rafael Bernabe, the spokesperson for the Puerto Rican Working Peoples Party advocates for a moratorium on the debt. Bernabe has written an extensive article in the current Summer 2015 issue of New Politics.
|by Bryant Sculos July 9, 2015|
“Rich people are the fucking worst.” This is the premise and title of Sean Illing’s recent Salon.com article (June 22, 2015). While I agree with his sentiment, the argument that follows this provocative title leaves a lot—too much—to be desired. Illing is a self-professed progressive, and the purpose of his article was to discuss the various “new” ways the rich are expressing disgust for the poor or anyone who isn’t rich, in the context of the on-going drought in California. While I completely agree that “rich people are the fucking worst,” Illing misses the proper target of critique. Rich people do indeed suck. However, progressivism itself sucks, and here’s why: it misses the systemic root problem. The rich suck, because capitalism encourages them to suck.
|by Barry Finger||Summer 2015|
If the ongoing standoff between the Syriza government and the Troika of the European Union (EU), European Central Bank (ECB), and International Monetary Fund (IMF) could be boiled down to its essentials, it would be this: The “institutions” will only equip the Greek economy with enough operating funds to manage a bare-bones o
|by Rafael Bernabe||Summer 2015|
The Partido del Pueblo Trabajador—the Party of the Working People (PPT)—is a political project of the Puerto Rican left addressed to working people in the context of the island’s deep economic crisis.
|by Jason Schulman June 24, 2015|
Werner Bonefeld, Critical Theory and the Critique of Political Economy: On Subversion and Negative Reason, New York: Bloomsbury Academic, 2014, 246 pp.