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 September 2008
In Cold Bold
AHMAD FARUQUI
The headline was “Five women buried alive.” Readers wondered if the victims had been felled by a natural disaster. As they read on, they discovered to their horror that it was not a mudslide or earthquake that was responsible for these tragic deaths. The ...
Blaming the Labor Unions
DAVID MACARAY
“The modern Little Red Riding Hood, reared on singing commercials, has no objection to being eaten by the wolf.” —Marshall McLuhan The Republicans’ campaign to portray themselves as “plain folks&rd...
The Power of No
DAVE LINDORFF
Incredible! This time, when the People spoke, Congress listened. At least 228 members of the House listened. They voted early this afternoon to reject the Bush Administration’s scaremongering, and the cowardly Democratic Congressional leadership’s ...
The Attack on Zeev Sternhell
JONATHAN COOK
The words “Jewish” and “terrorist” are not easily uttered together by Israelis. But just occasionally, such as last week when one of the country’s leading intellectuals was injured by a pipe bomb placed at the front door of his home, the...
A Biological Walk Down Wall Street
STEPHEN MARTIN
It will be a great mistake for the community to shoot the millionaires, for they are the Bees that make the most honey, and contribute most to the hive even after they have gorged themselves full. So wrote Andrew Carnegie. Of ...
What Wall Street Hoped to Win
PAM MARTENS
“I got a lot of Ph.D. types and smart people around me who come into the Oval Office and say, ‘Mr. President, here’s what’s on my mind.’ And I listen carefully to their advice. But having gathered the device (sic), I decide, ...
What Obama Could Have Said
FATEMEH KESHAVARZ
Presidential debates are not meant to be in-depth or analytical exchanges. The candidates are unlikely to reveal new information or venture into unexplored and risky territory.  Neither are they encouraged to make bold and original comments. However, as safe and...
Time for a General Strike?
MANUEL GARCIA, Jr.
Monday the 29th of September 2008, was a memorable day: public sentiment swayed government action. More precisely, public sentiment against the proposed Wall Street Bailout (WSB) swayed a majority of the members of the US House of Representatives to vote again...
Will the Bride Wear White?
JOHN CHUCKMAN
It is reliably reported (The Times, London) that the McCain camp is expecting a miracle, its expectations rather resembling those of a millenarianist group camping on a hillside awaiting The Second Coming. The anticipated miracle is the shotgun marriage of Sa...
When the Betting Goes Bad
MARK ENGLER
Rarely in politics do we witness such a rapid transformation as Senator John McCain’s recognition of America’s current financial crisis. Until the middle of September 2008 — throughout myriad home foreclosures, personal bankruptcies, and even the fa...
The Shadow of the Pitchfork
CHRIS FLOYD
The vote by the House of Representatives on Monday to defeat the Wall Street bailout plan is the first act of political courage that the Congress of the United States has mounted in the last seven years. The fact that it was due largely to right-wing Republicans afra...
A Bitter Harvest in Afghanistan
DEEPAK TRIPATHI
The audacity of recent attacks by the Taleban and their Al-Qaeda allies in Pakistan and Afghanistan has caused alarm in the region and beyond. The bombings of the Indian embassy in Kabul in June 2008 and the Marriott Hotel in Islamabad on September 20 have been devas...
Why America Should Listen to Ahmadinejad
PAUL CRAIG ROBERTS
The full text of Iranian President Mahmoud Ahmadinejad’s speech to the UN General Assembly last week was printed in the Israeli newspaper, ...
Take This Shrimp Slayer!
BILL HATCH
Dear Congressman Sarbanes, We are writing from Merced, CA, one of three top foreclosure-rate counties in the nation. Our congressman, Dennis Cardoza, Shrimp Slayer, now resides in the 3rd Congressional District of Maryland, which you represent. Therefore, sinc...
"Just Say No!" to the Robin Hood-in-Reverse Bailout
JEFF GIBBS
"I’m disappointed and disgusted with my own Republican Party as I watch them attempt to strong-arm a bailout of some of America’s biggest corporations by asking taxpayers to suck up the staggering results of the hubris, greed, and arrogan...
Hell to Pay
ALAN FARAGO
In May, 2005 The Miami Herald printed a guest editorial by one of Miami’s Growth Machine advocates, Willy Bermello; "Build them and they will come". "Lately," Bermello wrote, "There has been more written about the "condo bu...
Racism as Reflex
TIM WISE
If hypocrisy were currency, conservatives would be able to single-handedly bail out the nation’s free-falling financial system in less than a week, without the rest of us having to front so much as a penny. So on the one hand, folks like this always tel...
Is Khalid Sheikh Mohammed Running the 9/11 Trials?
ANDY WORTHINGTON
It could all have been so different. Between September 2002 and April 2003, the five defendants in the forthcoming 9/11 trial at Guantánamo — Khalid Sheikh Mohammed, Ramzi bin al-Shibh, ...
Black Monday?
MIKE WHITNEY
Today the US House rejected Treasury Secretary Paulson’s $700 billion Emergency Economic Stabilization Act of 2008. Paulson said he has the votes, but Paulson was wrong. The House bucked the Paulson’s claim that buying up the illiquid mortgage-backed asse...
Postcards from the DNC
IRIS KELTZ
"Wake up America,” the Kucinich rally cry, charged one thousand and one exhilarating moments during the Democratic Convention. My decision to go to Denver was made with visceral memories of the 1968 Chicago Convention. Ah, yes, I remembered it well. Being ...
The Bailout and the Economy
PETER MORICI
The US trade deficit has grown to $US700 billion, which of course is money not spent on US goods and services. This has killed off well paying jobs, has slowed the economy and created unemployment. Net imports from China and oil account for a large proportion ...
The Elephant in America’s Room
DAVID MICHAEL GREEN
The second most astonishing thing about American politics is that John McCain and Sarah Palin have a respectable chance of winning the White House in 2008.  (Or, for that matter, that any Republican could have a shot at any office for which the Democratic candid...
Capitalism on Steroids
CARL FINAMORE
Never before has the half-century decline of American labor revealed itself more clearly than in the last several weeks. Largely relegated to the sidelines, national union officials are making little effort to interject independent working-class solutions int...
It Can Happen Here
URI AVNERY
The German name Sternhell means bright as the stars. The name fits: the positions of Professor Ze’ev Sternhell indeed stand out sharply against the darkness of the sky. He warns against Israeli fascism. This week, Israeli fascists laid a pipe-bomb at the entran...
Sarah Palin is a Rotten Mom
JOHN WALSH
Full disclosure.  Interest in Sarah Palin has provided the reason, perhaps the excuse, for buying two issues of the National Enquirer, the first such purchases of my life and not cheap at $3.95 a pop.  But the Enquirer did such a good job on John Edwards&rs...