Exclusively in the new print issue of CounterPunch
HOLLYWOOD AND THE CIA — Film historian Ed Rampell details Hollywood’s entangled relationship with the CIA and the Pentagon; HOUSES OF THE DEAD: Nancy Kurshan exposes the cruel human rights offenses taking place inside America’s vast gulag of Control Unit Prisons; BROTHERHOOD OF SUMMER: David Macaray charts the history of the most powerful union in the US: the Baseball Players Association; TAR SANDS COME TO AMERICA: Steve Horn explains how the Keystone Pipeline debates have diverted attention from Big Oil’s other plans to transport Alberta’s oil into the US. PLUS: Jeffrey St. Clair on CONSTITUTIONAL ENTROPY; Mike Whitney on HOW THE BANKS TARGETED BLACKS; Chris Floyd on THE RISE OF BRITAIN’S TEA PARTY; Kristin Kolb on THE NEEDLE AND THE DAMAGE DONE; Kim Nicolini on the FILMS OF WILLIAM FRIEDKIN; and Lee Ballinger on POETS VS. THE ONE PERCENT.
Archives by Tag 'Economy'
“Those jobs are gone and they’re not coming back” snapped Apple Ceo Steve Jobs. The scene was a 2011 dinner held at the home of venture capitalist John Doerr in Woodside, California, a short drive south of San Francisco. Those on the guest list–the...
“If we care about building a fast growing economy that provides opportunity for every American, then we must enact policies that build it from the middle out, not the top down. Tax the wealthy and corporations–and invest that money in the middle cl...
The payroll jobs report for May released continues the fantasy.
Goods producing jobs declined, with manufacturing losing another 4,000 jobs, but the New Economy produced 179,000 service jobs.
Are these jobs the high-powered, high-wage “innovation jobs”...
The departure of college rectors is typically is not the topic of national news, let alone a story dominating global press coverage for a week. The exit of Sergey Guriev as rector from Russia’s New Economic School, however, has proved just that. From Russian interne...
Despite his support for some policies and programs that organized labor has strongly opposed (NAFTA anyone?), I’ve always been a fan of Robert Reich, President Clinton’s first-term Secretary of Labor. Even when disagreeing with him, I’ve always found his thinkin...
“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...
The liberal case against austerity has recently gained momentum with the exposure of Harvard economists Carmen Reinhart and Kenneth Rogoff’s calculation errors in their influential pro-austerity paper, “Growth in a Time of Debt.” Amon...
United States president Barack Obama appears to never pass up an opportunity when addressing Afrikan Americans to shift the responsibility for their success to personal effort and not the removal of structural barriers that are connected to white supremacy, sexism and cap...
It is time for the economy to work for the people, not the elites; it is time for economic democracy.
As the school year ends, college students are coming home to a paucity of summer jobs and young adults are graduating into an economy with ...
“The bankers in Tokyo tell me there is a widespread mindset of panic among institutional holders of Japanese Government Bonds (JGBs) and that can’t be a good thing. Panic tends inevitably to lead to crisis, and goodness knows, global financial mark...
Is there a Left in America today?
There is, of course, a Left ideology, a Left of the mind, a Left of theory and critique. But is there a Left movement?
Does the Left exist as an oppositional political, cultural or economic force? Is anyone intimidated or re...
Finally – it’s over. The goal of Simpson and Bowles has been met, the deficit is shrinking rapidly. And the intellectual underpinning for deficit reduction, based on the ...
Where does one even begin?
On May 21, the US Ambassador to India, Nancy Powell, addressed the Bengal Chamber of Commerce and Industry in Kolkata. She told the eager crowd of businessmen that “if India is to grow again, support for policies that are necessary for ...
You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there. The gold bear market is disinformation that is helping elites acquire the gold.
Certainly, Soros himself doesn’t believe it, as t...
It appears that the Reinhart-Rogoff battles have flamed out. Even the inventors of the 90 percent debt cliff are now anxious to portray themselves of ...
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The big talk in Washington this month is the sequester cuts. These cuts are roughly 8 percent of most areas of discretionary spending, both military and domestic. While the cuts became effective at the start of March, many will first begin to pinch this month since govern...
“Teach these boys and girls nothing but Facts. Facts alone are wanted in life.” These lines from schoolmaster Thomas Gradgrind open Charles Dickens’ ...
“From the end of the recession in 2009 through 2011 (the last year for which Census Bureau wealth data are available), the 8 million households in the U.S. with a net worth above $836,033 saw their aggregate wealth rise by an estimated $5.6 trillion, while t...
The media is calling it a “Spring swoon”, but it’s really just the next phase of the long slump.
After a strong showing in the first quarter (Q1), the economy is starting to lose steam for the forth year in a row. The main cause for the slow...
Two acts of cruelty claimed lives this tax day. One was criminal, bloody and shocked a nation. The other was routine, legal and potentially way more deadly. They both rely on secrecy.
The bombs near the finish line of the Boston Marathon were planted by we don’...
It was no Rumble in the Jungle, that’s for sure. There were no blindside blows to the ribs, no bone...
Mexico City.
According to rumors spread by everyone from The Economist to The New York Times, Mexico has gone from being the bloody epicenter of the “drug war” to a roaring “Aztec tiger” in the space of three short months. Following l...
The question is not should we advocate reducing production within capitalist society but rather: How do we best relate to those struggles that are already occurring? Activists across the globe are challenging the uncontrollable dynamic of economic expansio...
Not to wax nostalgically, but when we look back at the social progress made over the last half-century or so, we have much to be proud of. Granted, in many instances it was unfortunate we had to wait so long before these progressive measures took root, but late to the par...