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 February 2012
Santorum and God’s Will
HENRY GIROUX
The possibility of an authoritarian and ethically dysfunctional family in the White House in 2013 certainly has caught the attention of a number of liberals and other progressives. After all, what progressive or decent conservative for that matter would support Rick Santo...
Middle East: Stupid is the Order of the Day
PETER LEE
The stupid Attack Iran obsession seems to have infected virtually all discussion of the Middle East. Marc Lynch  of G.W. University said something stupid…then Amnesty International said something stupid…and how about those stupid Islamic terrorist plots? ...
The Ghost and the Machine
KATHY KELLY
Fazillah, age 25, lives in Maidan Shar, the central city of Afghanistan’s Wardak province.  She married about six years ago, and gave birth to a son, Aymal, who just turned five without a father. Fazillah tells her son, Aymal, that his father was killed by an American...
Chipping Away at the NDAA
JOANNE MARINER
Two positive steps have just been taken toward limiting the scope of the detention provisions of the...
What is to be Done Next?
STAUGHTON LYND
Greetings. I write from Niles, Ohio, near Youngstown. I take part in Occupy Youngstown (OY). I was asked to make some “keynote” remarks on the occasion of OY’s first public meeting on October 15, 2011. I am a member of the le...
An Injury to One is an Injury to All?
MICHAEL LEONARDI
There is an attack on workers going on across America. Corporate bosses are turning to the lockout as their first measure of negotiating with workers who strike for legitimate grievances and economic justice. There were 17 lockouts across the country in 2011 with the most...
Pakistan: a Dangerous Uncertainty
JUNAID S. AHMED
Lahore. Relations between the Pakistani government and the military have been tense recently, even resulting in rumours of an impending military coup. A coup is not very likely at this stage, but the situation has created the environment for at least one n...
Conscience and the Military
CLANCY SIGAL
Even though the Occupy Wall Street movement, especially in the United States, is winter-hibernating – Oakland, California’s dorky vandals notwithstanding – I can’t forget an image from last October’s Zuccotti Park events.  If you recall,  down in Times Square,...
Oil Over Troubled Waters
KWEI QUARTEY
In 2007, Tullow Oil and partner Kosmos Energy discovered substantial petroleum reserves in the Ju...
Climate Market Failure
PATRICK BOND
Durban. In 2007, former World Bank chief economist Nick Stern termed climate change the worst ‘market failure’ in history – since those who pollute greenhouse gases are not charged, and since they threaten future generations and vast swathes of natur...
Resurrecting Ayn Rand: Hedge Fund Money Teams Up With Koch & BB&T
PAM MARTENS and RUSS MARTENS
Gary Weiss, the Wall Street writer who was ahead of his time with his comprehensive chronicle of Wall Street corruption in 2006 (...
Terrorists to the Right of Them, Terrorists to the Left of Them.
VIJAY PRASHAD
My favorite reaction to the NYPD interventions into the lives of Muslims in the greater NYC area was at the website Gawker. The website decided to read the NYPD dossier on Newark, NJ for restaurant suggestions. Amin’s Halal Restaurant, on Williams Avenue, gets a good ra...
The Monster in the Mirror
AFSHIN RATTANSI
A sizeable minority has opposed the “government” – actually representatives of a crony corrupt elite – for decades, now. Members of that minority have been imprisoned in per capita numbers higher than Stalin’s Soviet Union or Mao’s China. The government sancti...
No Public Education, No Democracy!
SIMONE HARRIS
I teach English at Montgomery High School in Santa Rosa, California.  I love my school, my amazing colleagues, and the kids who enter my classroom each year.  But I hate what is happening to public education. From the national to the local level, our public schoo...
What’s Really Pushing Up the Price of Gas?
MIKE WHITNEY
Is the Fed’s “Easy Money” policy pushing up the price of gas? The editors of the Wall Street Journal seem to think so. Here’s how they summed it up in an article last week: “Oil is traded in dollars, and its price ...
The Chocolate Sweatshop
DAVID MACARAY
What happened recently at the Hershey candy factory, in Palmyra, Pennsylvania, has to be considered one of the weirdest and most outrageous labor stories of the new year. First the outrageous part.  According to a story in the New York Times (February 21)...
Canada Lobbies Against US Banking Reform
MURRAY DOBBIN
You can say one thing for the powers that be in the banking industry. They’ve got a lot of nerve. This past week, our own finance minister, Jim Flaherty, along with Mark Carney, the Governor of the Bank of Canada, came out strongly in opposition to a modest p...
Huey Long and the Burden of History
KATHLEEN PEINE
Every individual is a blend of struggling motivations, except perhaps for the garden variety sociopaths that seem to occupy many places of power these days. Most of us, however endeavor to exhibit the noble of our character as we try to calm the howls of ego that so often...
The Hucksters of Empire
THOMAS H. NAYLOR
With the publication of his courageous new book, Why America Failed (John Wiley, 2012), Mo...
Mothers and the Market
BRIAN J. FOLEY
Conservatives, God bless them, refuse to apply their beloved “market theory” to the issue of abortion.  They say they want to save unborn children, but they give pregnant women little incentive to carry a baby to term. An abortion is inexpensive, at least rel...
Should Target Tell Your Parents You’re Pregnant?
WEBSITE OF THE DAY
Should Target Tell Your Parents You’re Pregnant? ...
Ayn Rand: the Tea Party’s Miscast Matriarch
PAM MARTENS
Gary Weiss, long time Wall Street reporter and author, has written a new book, due out this week from St. Martin’s Press, on the rising influence of Ayn Rand in modern politics.  Titled ...
Tales of the Israel Lobby
JAMES ABOUREZK
When I was Chairman of the American-Arab Anti Discrimination Committee (ADC), we had two bombing incidents.  I had no idea who was responsible, but I had a guess.  Someone unknown placed a bomb in the doorway of ADC’s Boston headquarters.  The staff there called the ...
Our Very Own Oscar Night in Rimini
MICHAEL HUDSON
I have just returned from Rimini, Italy, where I experienced one of the most amazing spectacles of my academic life. Four of us associated with the University of Missouri at Kansas City (UMKC) were invited to lecture for three days on Modern Monetary Theory (MMT) and...
Killing the Doctors When They Refused to Cry Uncle
BRIAN McKENNA
Last week the world lost a brave war correspondent, Marie Colvin, when she lost her life covering the strife in Syria. Marie was first an anthropologist before becoming a journalist, graduating with a Bachelor’s Degree in the field from Yale in 1978. During her und...