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
What Really Happened in the “Yom Kippur” War?
ISRAEL SHAMIR
Moscow Here in Moscow I recently received a dark-blue folder dated 1975. It contains one of the most well-buried secrets of Middle Eastern and of US diplomacy. The secret file, written by the Soviet Ambassador in Cairo, Vladimir M. Vinogradov, apparently a...
Silencing the Critics
PAUL CRAIG ROBERTS
In 2010 the FBI invaded the homes of peace activists in several states and seized personal possessions in what the FBI–the lead orchestrator of fake “terrorist plots”–called an investigation of “activities concerning the material support of terrorism.”...
Apple and the China Trade
BEHZAD YAGHMAIAN
Recent media exposure of labor abuses among Apple’s suppliers reignited public discussions about China and the human costs of globalization. Meanwhile, concerned with jobs in an election year, President Obama has called for China to play fair in international trade and...
Sex, Sin & the 2012 Election
DAVID ROSEN
Monday, Feb. 20th, was President’s Day 2012, only nine months until the national elections.  It will be a critical election, a choice between two apparently different ways to address the crisis of capitalism now besetting the U.S.  It will come down to a choice of the...
Two Negative Perceptions of Labor
DAVID MACARAY
Included in a front-page Los Angeles Times feature article (February 21, 2012) on AFL-CIO president Richard Trumka was this sobering observation:  According to a 2011 Pew poll, only 45 per cent of Americans view labor unions “favorably.” Disturbing as...
Lessons From Iran, 1977-78
HENRY PELFIAN
During my time in Iran from 1977 to 1978 there were between forty and fifty thousand Americans, many of them working in the military-industrial complex. The Shah of Iran with the approval of the U.S. government had signed a contract with a U.S. manufacturer of helicopters...
Greece and Those Wild & Crazy Guys at the ECB
DEAN BAKER
I have been following the European sovereign debt crisis since it first developed more than two years ago. It was evident from the beginning that the conditions on the debtor nations being demanded by the “troika” of the European Central Bank, the European Union, and ...
Feeding Off Latino Misery
RODOLFO F. ACUÑA
Chicana/o Studies at Cal State Northridge will be taking close to sixty Latinos and Asians students to Tucson later this month. It will be our third trip as a group within a year. Friends keep saying, “That is a big responsibility; you have paid your dues; why don’t y...
Hollywood and Race
Rev. JESSE JACKSON, Jr.
This Sunday, nearly 40 million people are likely to tune in to see who captures an Oscar at the annual Academy Awards ceremonies. Winning the award can add millions to a film’s box office and supercharge the career of an actor, director, screenwriter or editor. Accordin...
Palestine and the UN
JOHN V. WHITBECK
Dear President Abbas, There was visible and audible euphoria at the UN General Assembly in September when you announced Palestine’s appl...
Now He’s Dead and I’m Having a Bubble Bath
FAITH KA-MANZI
Ten minutes before my uncle died in my arms this afternoon, my big brother, Kwazi, spoke to me of a horrific story about imbizas or traditional medicine. He said that one guy, a friend of his, who was sick, had given him and another guy imbiza. Kwazi said that only...
Bella’s Story
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You Can’t Get There From Here
JEFF HALPER
Even as I write this, the bulldozers have been busy throughout that one indivisible country known by the bifurcated term Israel/Palestine. Palestinian homes, community centers, livestock pens and other “structures” (as the Israel authorities dispassionately call them)...
Why Hasn’t Anyone Gone to Jail?
MIKE WHITNEY
Under the terms of the 50-state mortgage foreclosure settlement, US taxpayers could end up paying billions in penalties that were supposed to be paid by the banks. That’s the gist of a front-page story which appeared in the Financial Times on Thursday, February 17....
Karzai Demand on Night Raids Snags U.S.-Afghan Pact
GARETH PORTER and SHAH NOORI
Nearly a year after the Barack Obama administration began negotiations with the government of Afghan President Hamid Karzai on a U.S. military presence in Afghanistan beyond 2014, both sides confirmed last week that the talks are still hung up over the Afghan demand that ...
Germans, French Were Keen to Sell Arms to Greece
PATRICK COCKBURN
Athens As Greeks waited for a second eurozone rescue package to finally be agreed in Brussels today, many were blaming Germany and France for encouraging and benefiting from some of the much-criticized profligate spending that reduced Greece to near bankru...
Meet the New York Times’ New Israel-Palestine News Chief
ALISON WEIR
Michael Lerner, the editor of Tikkun Magazine, is known for his frequent condemnations of Israeli violence against Palestinians. He is labeled “pro-Palestinian” for such statements and is regularly attacked by pro-Israel zealots who charge that he is disloyal to the J...
Netanyahu Crosses the Line
DEEPAK TRIPATHI
The bombing of an Israeli embassy car in Delhi threatens India’s diplomatic maneuvers between Israel and Iran, and has put India’s discreetly nurtured ties with Israel since 1992 through a severe test. Those who are attracted to Israel’s depiction of Iran as a terro...
The Bitter Taste of Brazil’s World Cup
RAUL ZIBECHI
“The people believe that they will prosper with the arrival of the World Cup, but the truth is that they will be brutally repressed,” warns Roberto Morales, advisor to Socialist Liberty Party Representative Marcelo Freixo. The agreements between the Brazilian governme...
The Syrian Dilemma
SAUL LANDAU
How to evaluate events in Syria and what to do? Syria borders on Turkey (north), Iraq (east), the Mediterranean (west), Lebanon (south and west), Israel (Golan Heights) and Jordan (south). Unlike the “humanitarian” intervention in Libya — now edging toward chaos...
The Austerity of Hope
VIJAY PRASHAD
Poor Mitt Romney. He is worth “somewhere between $190 and $250 million”. Even he is not sure of his net worth. He cannot account for the gap of $60 million. CNN asked the multiple-millionaire about his economic policy. He said, “I’m in this race because I care...
Toilet Capitalism
KHADIJA SHARIFE
The restaurateur-cook-waitress looked more like a grandmother than mother, shrunken with poverty. Scarf tied around her simple but sweet face. Tired but with a smile and outspread, work-worn hands, one felt the urge to give her a hug, and tuck her into bed, rather than gi...
Federal Judge: “Lactation is not related to pregnancy!”
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