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 2011
Admiral Mullen’s Haqqani Act
GARETH PORTER
The U.S. threat last week that “all  options” are on the table if the Pakistani military doesn’t cut its  ties with the Haqqani network of anti-U.S. insurgents created the  appearance of a crisis involving potential U.S. military escalation in  Pakis...
The Real Crisis in the Eurozone
MARK WEISBROT
Three months ago I wrote ...
End Game for Bashar al Assad?
PETER LEE
It is looking more and more like game over for Bashar al Assad in Syria. Ironically, this is in spite of the fact that Bashar has apparently demonstrated that an authoritarian regime, left to its own devices, can often do a good job of crushing determined domestic ...
Affirmative Action Meets 21st Century White Supremacy at Berkeley
MIKE KING
The University of California – Berkeley College Republicans staged an anti-affirmative action bake sale this week on UCB’s Sproul Plaza to protest Senate Bill 185, that would re-introduce affirmative action in the state of California.  The bill recently passed in the...
America’s Dangerous Game at the UN
JOHN V. WHITBECK
The number of UN member states extending diplomatic recognition to the State of Palestine has now risen to 131, leaving only 62 UN member states on the wrong side of history and humanity. ...
The U.S. Southern Command & the 4th Fleet
RAY DEL PAPA
Starting October 6 thousands of people will gather for three major actions, in Washington DC, at the Creech Air Force Base in Nevada and in Miami Florida, at the US Southern Command in Miami. These events all target U.S. militarism, and directed toward but...
Fighting Back Against Nuclear Power
MICHAEL LEONARDI
As the Nuclear Regulatory Commission, Nuclear Industry, and Obama administration continue to push nuclear energy as safe and clean, a grassroots insurgency is growing from the awakening depths of the growingly vociferous American maelstrom. Fukushima’s three meltd...
Bangladesh’s Seduction by Celluloid
BINOY KAMPMARK
Since 1972, Bangladesh has been firm about the films of the monster that we all know as Bollywood, a beast so prolific it disgorges some thousand films a year.  No viewings of Bollywood films have been permitted in Bangladesh’s cinemas – till now. The power of...
The Inspiring Life of Eddie Zheng
WEBSITE OF THE DAY
The Inspiring Life of Eddie Zheng ...
Did the Rabbani Hit Really Kill Peace Talks?
GARETH PORTER
Much of the mainstream media is covering Rabbani’s death as the end of the peace process with the Taliban. Did the Taliban assassination of Berhanuddin Rabbani, the chairman of the Afghan High Peace Council, bring a potentially permanent end of peace talks in Afghan...
As the Drone Flies
RALPH NADER
The fast developing predator drone technology, officially called unmanned aerial vehicles or UAVs, is becoming so dominant and so beyond any restraining framework of law or ethics, that its use by the U.S. government around the world may invite a horrific blowback. ...
Fractures in Bahrain
PATRICK COCKBURN
Senior Bahraini police officers suspended for torturing detainees are being swiftly reinstated in a sign of a growing struggle for power within the al-Khalifa royal family over the extent of the repression to be used against pro-democracy protesters. In addition, 9...
Biggest Healthcare Strike Ever
CAL WINSLOW
California healthcare workers have now taken their fight to another level – on Thursday, September 22, some 21,000 struck the huge Kaiser Permanente chain, 24 major medical centers – while more struck Sutter, Kaiser’s healthcare partner in crime, also a giant in the...
Corporatizing the Post Office
RUSSELL MOKHIBER
The United States Postal Service Board of Governors is dominated by corporate executives, lawyers, and lobbyists. And according to consumer advocate Ralph Nader, that’s a key reason why the Postal Service is in trouble....
Planting the Seeds of Peace
ROB NIXON
The Kenyan activist, Wangari Maathai, is dead at 71. With her passing we have lost one of our era’s great environmental visionaries. Maathai came from an impoverished, rural background; it was her belief in the environmentalism of the poor that propelled her life’s wo...
In the Shadow of the Wall
MATS SVENSSON
Today’s wall is longer, higher and it does not stop terrorist activities inside the West Bank. Houses are demolished, land is destroyed and people are dying. It is night. He is dark and it is dark. The fear comes out of his eyes. He is being chased by dogs and be...
Wall Street vs. Everybody
LINH DINH
“Wall Street got drunk […] It got drunk and now it’s got a hangover.” —George W. Bush As usual, Bush got it wrong. Wall Street soberly and cynically got the rest of us drunk on dreams of homeownership, a robust stock portfo...
In Pursuit of Political Amnesia
KATHLEEN PEINE
They thought they glimpsed a flash of Rick Perry’s soft underbelly. Eyes certainly strained from behind the Medicare benefit bifocals.  Yes, it was a soft underbelly! He showed a moment of compassion by mentioning that it was hardly fair to deny children of illegal im...
Hip Hop and the Crack Generation
BRENT WOODIE
I was born into the crack era.  Although not old enough to take part in the crack game, it did not leave me immune to the detrimental effects the drug had on my community.  Growing up in the Bronx, I was surrounded by crack users, drug sellers and poverty.   I f...
“I Will be a Hummingbird”
WEBSITE OF THE DAY
“I Will Be a Hummingbird” ...
Saving the Rich, Losing the Economy
PAUL CRAIG ROBERTS
Economic policy in the United States and Europe has failed, and people are suffering. Economic policy failed for three reasons:  (1) policymakers focused on enabling offshoring corporations to move middle class jobs, and the consumer demand, tax base, GDP, and car...
The Philosophy Behind “Occupy Wall Street”
VIJAY PRASHAD
“Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a byproduct of the activities of a ca...
The Decline and Fall of Just About Everyone
PEPE ESCOBAR
More than 10 years ago, before 9/11, Goldman Sachs was predicting that the BRIC countries (Brazil, Russia, India, China) would make the world economy’s top ten — but not until 2040.  Skip a decade and the Chinese economy already has the number two spot all to its...
The Fear Gauge in the Eurozone
MIKE WHITNEY
Funding fears, political gridlock and plunging stocks have pulled the eurozone deeper into crisis. On Friday, the gauges of market stress continued to widen signalling more turbulence in the days ahead. Libor –the rate at which London-based banks borrow from each o...