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 2013
The Merchants of Shame
JEFFREY ST. CLAIR
Two weeks ago my restorative slumber was rudely aborted by the shattering opening chords of “Search and Destroy” by th...
Capitalism and Economic Imperialism
ROB URIE
With ‘recovery’ the dominant economic theme in the capitalist media the unqualified inference is we all benefit. Left out is the fundamental tension of capitalism—profits care not whether they derive from zero-sum transfers or from shared growth. Unless social power...
Deflation Smackdown
MIKE WHITNEY
“Under a fiat money system, a government… should always be able to generate increased nominal spending and inflation, even when the short-term nominal interest rate is at zero.” Ben S. Bernanke, “Deflation: Making...
Is It Possible to Rid the World of the Go-Go One Percent?
PETER LINEBAUGH
Utterly exhausted I dozed off on the train, leaving in the netted compartment attached to the back of the seat in front of me a copy of Crisis and Revolution in Europe with its commanding sub-title, People of Europe, Rise Up!  It is a manifesto and anal...
How Syria Became a More Dangerous Quagmire Than Iraq
PATRICK COCKBURN
For the first two years of the Syrian civil war foreign leaders regularly predicted that Bashar al-Assad’s government would fall any day. In November 2011, King Abdullah of Jordan said that the chances of Assad’s surviving were so slim he ought to step down. In Decemb...
Return of the Tea Party?
ANDREW LEVINE
Two years ago, optimists had something to be optimistic about.  Today there is nothing: the Occupy movements have gone dormant, and the historic struggles that preceded them — the massive and prolonged demonstrations in Wisconsin, Ohio, Michigan, Indiana and other ...
How AIPAC Rules
JEFF KLEIN
Last week the Senate passed Resolution 65, mandating a new round of sanctions against Iran and promising to support Israel if it should choose to launch a unilateral war.  The bill contradicted explicit US policy in a number of areas:  it imposed secondary penalties on ...
Of Scalps and Savages
RUTH HOPKINS
Before I head out the door, I watch Morning Joe on MSNBC. It’s part of my workday routine. Yesterday they were talking about the latest issue of the New Republic and its lead story, entitled, “How the NRA is Going Down: This is How the NRA Ends.” Since the Newtown t...
The Social Costs of Capitalism
PAUL CRAIG ROBERTS
When I was a graduate student in economics, the social cost of capitalism was a big issue in economic theory.  Since those decades ago, the social costs of capitalism have exploded, but the issue seems no longer to trouble the economics profession. Social costs a...
The Iniquities of the Iraq War
JOHN PILGER
The dust in Iraq rolls down the long roads that are the desert’s fingers. It gets in your eyes and nose and throat; it swirls in markets and school playgrounds, consuming children kicking a ball; and it carries, according to Dr. Jawad Al-Ali, “the seeds of our death...
War Crimes as Policy
DOUGLAS VALENTINE and NICOLAS J.S. DAVIES
In February the Guardian and BBC Arabic unveiled a documentary exploring the role of retired Colonel James Steele in the recruitment, training and initial deployments of the CIA advised and funded Special Police Commandos in Iraq. The documentary tells how the Comm...
Criminalizing Childhood
CHRISTOPHER BRAUCHLI
Beware of punishing wrongfully. – The Teaching for Merikare, c. 2135 B.C. “We have to be darn careful not to put any children into the juvenile-justice system who don’t need intensive rehabilitation.”  Those were ...
Beyond Anti-Chinese Propaganda with Andre Vltchek
ADAM CHIMIENTI
When I heard that Andre Vltchek was going to visit Cuba and Venezuela, I understood this would be a rare opportunity to discuss the issue of China’s international presence with someone who is unapologetically hailing China as a great hope for the world. Those who read C...
The Imperial Mindset
JUSTIN DOOLITTLE
Max Boot, one of the nation’s leading ...
Ya’ir Lapid: Good-Looking, Well-Spoken, Shallow and Insincere
URI AVNERY
Tel Aviv. Ya’ir Lapd, the freshman parliamentarian and Treasury Minister, has declared that from now on he will deliver all his important speeches outside the Knesset, confining his Knesset appearances to the legal minimum. The reason: members fro...
Men Get Sick, Too
ISHMAEL REED
Harriet Freed, in the Tikkun Daily, wrote:  “The original Women’s Liberation Movement was a movement of both race and class integration, a vision of justice for all. It saw female liberation as the basis for social revolution.” She claims that the movement w...
Guarding Assange in London
BINOY KAMPMARK
They set the rules about what a win was.  They lost in every battle they defined. Their loss is total. We’ve won the big stuff. – Julian Assange, Salon, May 10...
The Swedish Riots
RITT GOLDSTEIN
Dalarna, Sweden. The Swedish riots appear to have ended, but while most of the media fumbles about to understand what happened, the answers arguably seem to have been provided 12 March, over two months before the unrest began.  At that time I interviewed...
Marching Against Monsanto
JAMES ANDERSON
People across the globe protested May 25 during the global day of action against Monsanto. More than 500 came to “the belly of the best” in Creve Coeur, Mo., just outside of St. Louis, to raise public awareness and chant, “What do we want? Labeling! When...
The Labs of Boston, Woolwich and Chhattisgarh
FARZANA VERSEY
“As we heard the instant matters before us, we could not but help be reminded of the novella, “Heart of Darkness” by Joseph Conrad, who perceived darkness at three levels: the darkness of the forest, representing a struggle for life and the sublime; (ii)...
The Language Wars of France
SERGE HALIMI
Paris. A single market, a single currency, a single language? The doors and bridges shown on Euro notes already reflect the fluid nature of deals between businessmen with no home and no history. So should students be free to cross borders, using English a...
Oil Wars: a Moral Cancer
WILLIAM MANSON
“Something is rotten in the state…” - Marcellus, in “Hamlet” In our times, in a media-saturated culture in which well-packaged and comforting lies are explicitly preferred to unsettling truths, those who reveal sordid reali...
Settling Scores in the Theater of Endless Wars
MISSY BEATTIE
I know vengeance personally, the anger that drives a fantasy to action. I admit that it feels too good to be good. I also admit my own complicity in being taken advantage of, but I lied only to myself. My saga is nothing compared to what’s be...
Get Israeli Peace Leaders Before Congress
RALPH NADER
The new Secretary of State John Kerry taking four trips to the Israeli/Palestinian region in the past two months means yet another U.S. effort for a negotiated peace process between the Palestinians (under ruthless occupation) and the very dominant Israelis. Why should th...
Shaky ‘Diplomatic Breakthrough’ on Syria
ALESSANDRA BAJEC
As Foreign Minister Sergey Lavrov and the US Secretary of State John Kerry are preparing for an international conference in Geneva this month, a new foreign-fed arms race looms over Syria. The EU’s 27 members failed to renew the arms embargo, potentially paving the ...