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 May 2008
The Long Incarceration of Pol Brennan
SANDY BOYER And SHAUN HARKIN
TWENTY-SIX years ago, Pol Brennan was an Irish Republican Army (IRA) prisoner in the H-Blocks of Long Kesh, watching his friends die on hunger strike. Today, he is in solitary confinement in a Texas immigration holding center. His story reveals a ...
From Obama to the PRTs in Iraq
BRENDAN McQUADE
"We are change.” With that simple three-word rallying cry, Barack Obama claims to transcend all the problems of Washington’s entrenched status quo and bridge all the divisions segmenting American society. Obama&rsquo...
60 Years of Apartheid
SHARON SMITH
South Africa’s white minority government was finally overthrown in 1993, after decades of black popular and working-class resistance. That year, the black majority democratically elected the African National Congress–previously derided as a &...
Racist Grammar
VIJAY PRASHAD
THE “race card” is out in full force. In Tupelo, Mississippi, the birthplace of Elvis Presley, Republicans want to make their stand against Democrats. The city is at the centre of the 1st Congressional District, where a special election was h...
Immoral Hazard
STEPHEN LENDMAN
Jeremy Grantham, co-founder of Boston-based investment firm Grantham, Mayo and Van Otterloo, now known as GMO, has been called the philosopher king of Wall Street because of his highly insightful views on markets and the economy, usually with a longer-te...
A Military Commissions Cheat Sheet
JOANNE MARINER
In the more than six years since President George Bush first announced the creation of military commissions to prosecute detainees allegedly responsible for terrorism, war crimes, and other misdeeds, there has not been a single full-blown military commis...
Disaster Redux
JEFF BIRKENSTEIN
I hadn’t planned it; just came up with the idea when my student was introducing herself to the class.  Of course, I hadn’t planned to land in Shanghai on the same day as the largest natural disaster to hit so-called ...
What I Want to Ask Mary Tillman
DAVE ZIRIN
This Friday, I will have the privilege to interview Mary Tillman, the mother of the late Pat Tillman: former NFL player turned Army Ranger, turned casualty of a criminal war. Mary Tillman has written a book along with Narda Zacchino c...
The Sorry State of the Banking Industry
PETER MORICI
Friday, the National Association of Realtors will report April existing home sales and prices. These are expected to continue the down trend of recent months and reflect the sorry and dysfunctional state of the banking industry. Existing home sal...
Restoration Boulevard
NIRANJAN RAMAKRISHNAN
With great admiration for her spirit and tenacity, a fraction of which if either Al Gore or John Kerry had he would have become President, I still refuse to support Hillary Clinton. My reason: no senator who helped start the Iraq War deserves to ...
Miami, Cuba and the Presidential Campaign
ALAN FARAGO
Already the shape of the presidential campaign over Cuba is forming around the tired rhetoric of the past. It reminds me of a story. As a child, one of my contemporaries lived in a large house with his grandparents. They seemed impossibly old to me at...
U.S. Military Bases in South America
NIKOLAS KOZLOFF
Despite his record unpopularity, it would appear that President Bush wants to go out of office with a bang.  Having failed to overthrow Hugo Chávez through an attempted coup, the White House now hopes to escalate pressure on Venezuela’s...
Lebanon Gets a President
FRANKLIN LAMB
Tent City, Beirut. "The agreement was not ideal for either party and I hope that it will serve as a launch pad for decent relations between the majority and the opposition. We will tackle the other issues in Beirut and there is n...
Genocide in Iraq?
DAVID MODEL
Despite the precipitous plunge in his popularity and growing criticism of his competency, character, and style, George W. Bush is not really that much different from other presidents with respect to his hegemonic ambitions or his proclivity to use force ...
Who is the Enemy?
ERIC WALBERG
Twenty years ago this week the Soviet Union began its withdrawal from Afghanistan, eight and a half years after it was invited by the desperate People’s Democratic Party of Afghanistan (PDPA), which had degenerated into intra-party squabbling and w...
The Gothic Politics of Hillary Clinton
JEFFREY ST. CLAIR
Hillary Clinton famously found her voice in New Hampshire, but it took the senator until West Virginia to relocate her inner child. Yes, she’s once again embraced the Goldwater Girl of her youth. Once upon a time while she was still the front-ru...
Tax Against Tyranny
KENNETH COUESBOUC
The governments of the world can be seen as belonging to either of two categories. There are those that depend on taxes for their spending and there are those that do not. And the extent of its dependence on taxes will largely determine the form of a par...
Sacrifice in a Time of War
BRIAN M. DOWNING
Last week President Bush humbly and movingly announced that to show his “solidarity” with our troops fighting in the Middle East he would refrain from playing golf. The magnanimity of the act, evocative as it is of our nation’s long tra...
Big John and the Scary, Scary Iran Threat
DAVE LINDORFF
Mighty war hero John McCain has a troublesome perceptual problem. He sees things as being bigger than they really are. When he was flying fighter-bombers over North Vietnam, he, like many in the military, imagined that he was fighting against a mighty...
Skating Around the Tanker Issue
CHRIS GENOVALI
A well known Victoria, British Columbia radio talk show host once told local  Conservative MP (Member of Parliament) Gary Lunn on air that he was such a  good skater (as in skating around the issues) that he should be competing in  the upc...
The UAW Strike Against American Axle
DAVID MACARAY
On Friday, May 16, negotiators for the United Auto Workers (UAW) reached tentative agreement on a contract with American Axle and Manufacturing Holdings Inc., which, if ratified (the membership votes on it later this week), would end the UAW’s 80-d...
Come Out, Admiral Fallon, Wherever You Are
RAY McGOVERN
Dear Admiral Fallon: I have not been able to find out how to reach you directly, so I have drafted this letter in the hope it will come to your attention. First, thank you for honoring the oath we commissioned officers take to protect and defen...
Merck is a Repeat Offender
MARTHA ROSENBERG
Even as Merck seeks closure on its Vioxx nightmare by paying $4.85 billion to tens of thousands of plaintiffs who took the painkiller–not that it did anything wrong–the bad ink continues. Articles about Vioxx, withdrawn from the market in ...
Birmingham, Israel and the Nakba
IBRAHIM FAWAL
The Birmingham Jewish Federation is hosting a 60th birthday party for Israel this weekend with a tour of Israeli cities, but there is an undeniable reality that the festivities will likely conceal. As Birmingham residents travel through these cities, the...