Exclusively in the new print issue of CounterPunch
HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
Archives from March 2008
Sadr Calls for Ceasefire
PATRICK COCKBURN
Muqtada al-Sadr called on his Mehdi Army militia to stop fighting Iraqi government forces in a surprise move after six days of clashes. The Shia cleric also demanded that the government cease arresting his followers and release those detained. "Because...
Walls, Tunnels and Daily Humiliations
MATS SVENSSON
A while ago there was a big enough opening in the wall for a car to pass through. Now it is closed. The place is almost empty of people. A young man walks towards me, passes me and disappears into a ditch. And he is gone. I follow him down into the wide di...
The Showdown
PETER DALE SCOTT
In August 2007, Congressman Peter DeFazio, a member of the House Homeland Security Committee, told the House that he and the rest of his Committee had been barred from reviewing parts of National Security Presidential Directive 51, the White House supersecret plan...
A Third American War in the Making?
PAUL CRAIG ROBERTS
The US Congress, the US media, the American people, and the United Nations, are looking the other way as Cheney prepares his attack on Iran. If only America had an independent media and an opposition party. If there were a shred of integrity left in Am...
The Clorox Coup
BETSY ROBERTS And KAREN ORR
The National Sierra Club Board of Directors voted on March 25, 2008 to dismantle the entire democratically -elected structure of the Florida Chapter of the Sierra Club, the fourth largest Chapter in the nation. The Florida Chapter, comprising 35,000 individ...
First the Sun and Then the Moon
PHYLLIS POLLACK
The Rolling Stones and director Martin Scorsese deliver an impressive visual and auditory masterpiece with the upcoming documentary film, Shine A Light. Stocked with an arsenal of 2006 performance footage from New York City’s Beacon Theater, the two hour fil...
Hillary’s Lies About Outsourcing
PAUL ROCKWELL
Job security is the foremost domestic issue for working people in Pennsylvania, where Senator Hillary Clinton is expected to win the Democratic Party primary. For many months, as a candidate for president, Senator Clinton has cultivated a pro-labor image. She clai...
The American Bard in New Orleans
MICHAEL SIMMONS
Ed Sanders’ language advances in a direction of production which probably isn’t even guessed at That is, it takes the earth to make a feather fall. – Charles Olson, 1964 They’d privatize...
Paulson’s Fixit Plan for Wall Street
MIKE WHITNEY
It is being billed as a "massive shakeup of US financial market regulation", but don’t be deceived. Treasury Secretary Henry Paulson’s proposals for broad market reform are neither "timely" nor "thoughtful" (Reuters) In fa...
Cultura Mafiosa in Colombia
ALFREDO MOLANO
Translated by Forrest Hylton. The word’s origins are polemical: it comes from the Arabic mahya–bullying, arrogance; and maffia, in Tuscan dialect, a synonym for ostentation. The etymology fits like a ring on a finger. The mafia as we know it tod...
Day of the Land, 32 Years Later
URI AVNERY
This is the 32nd anniversary of the first "Day of the Land" – one of the defining events in the history of Israel. I remember the day well. I was at Ben Gurion airport, on the way to a secret meeting in London with Said Hamami, Yasser Arafat...
Why Paulson’s Plan Falls Short
PETER MORICI
The regulatory framework proposed by Treasury Secretary Henry Paulson will not address fundamental problems in the banking sector that contributed significantly to the recession and that must be fixed to rescue the U.S. economy from recession and avoid future cris...
Bernanke’s Next Big Bail Out Plan
MIKE WHITNEY
The Federal Reserve is presently considering an emergency operation that is so risky it could send the dollar slip-sliding over the cliff. The story appeared in the Financial Times earlier this week and claimed that the Fed was examining the feasibility of buying ...
McCain, Lieberman and Rev. Hagee
CHRISTOPHER BRAUCHLI
As John McCain and his presumptive vice-presidential running mate, Joe Lieberman, toured the middle East together (Joe to remind John of who is on first in Iraq so as to correct gaffs born of John’s ignorance or old age, and John to demonstrate that notwiths...
Booked Up
JEFFREY ST. CLAIR
Laws Field Guide to the Sierra Nevada by John Muir Laws The gold s...
The Great Lake of Gaza
SUZANNE BAROUD
In a place just a few miles from sandy beaches and soaring sky-scrapers, white stone villas and sky-blue swimming pools, it seems the epitome of irony and injustice that over 1.5 million people would be subjected to drinking sewage-contaminated water. When th...
AMLO, the Comeback Kid?
JOHN ROSS
As Andres Manuel Lopez Obrador (AMLO), the leftist firebrand who millions of Mexicans consider their legitimate president, made his way to the podium in the packed Zocalo plaza here March 18th, the 70th anniversary of the expropriation and nationalization of ...
Iraqi Police Refuse to Back Maliki’s Attacks on Mehdi Army
PATRICK COCKBURN
US and British forces are increasingly playing a supporting role in the Iraqi Prime Minister Nouri al-Maliki’s stalled offensive against the Mehdi Army militia. American aircraft launched air strikes in Basra yesterday and fought militiamen on the streets in...
Iraq Troika: McCain, Obama and Clinton
ROBERT FANTINA
Awash in the blood of 4,000 U.S. soldiers and at least 1,000,000 Iraqi men, women and children, Arizona Senator and Republican presidential candidate John McCain returned from a trip to Iraq and declared "we are succeeding." This is the same man w...
Throwing Granny from the Gravy Train
RICHARD RHAMES
For going on 2 decades now the great right wing/business class project of repealing the 20th century has been steadily advanced. It’s now become a bipartisan undertaking, barely missing a beat regardless of which party dominates Washington. Between 19...
Cuba, the Beatles and Historical Context
NELSON P. VALDÉS
"Let the world be grafted onto our republics, but the trunk must be ours." – José Martí, Our America Tom Miller recently published in the Washington Post (02/17/08) an opinion pi...
Cock Chuggers and Cheese Curls
KIM NICOLINI
Richard Kelly’s Southland Tales was one of the most under-appreciated and underscreened movies of the past year. For the most part, critics found it confusing and didn’t understand that it is not just a movie but a critique of media in general that uses the me...
Justice and the Monsters of War
MISSY COMLEY BEATTIE
On Thursday, CNN’s Kyra Phillips, broadcasting from Iraq, gave viewers a tour of Saddam Hussein’s last residence before he was hanged-a prison cell in Baghdad where he was held under US guard in a structure built during his reign. As Phillips obse...
Shady Lending Hits Home
ALLISON KILKENNY
The subprime crisis gives young homeowners a harsh education in predatory lending. When I heard about the subprime mortgage crisis, it sounded eerily similar to the shady credit cardlending practices found on most college campuses. I imagined yet another financial...
Hillary Misremembers Again!
EAMONN McCANN
Ask not what you can do for the peace process, but what the peace process can do for you. Thus the approach of US presidential hopeful Hillary Clinton. Some may say that Hillary distorting beyond recognition any role she played in the North may not be a big...