Periodically, ACM readers might want an introduction to anticapitalism. This emerges because of the disinformation propagated by kakistocratic clowns like Trump, who enables neoliberal capitalism while pursuing kleptocracy and monopolizing violence. This is important as yesterday Trump signed an executive order that had no effect on big pharma, and endorsed extrajudicial killing as “retribution”. To that end…
Category: AnticapitalistChat
Capitalist power: bigger federal debt than entire US gross domestic product – first time since 1946
Trump’s constant pimping of the stock market numbers is not the same as a sign that the economy has returned to the level of “winning” even before Trump took office. Like voting twice, Trump’s not being a good minimal-state libertarian where all debt resolves itself in a ‘free market’. Instead, the stock market can help…
Spartacists and the antifas like movies about gladiators
Street protests do not resemble those of the 1960s and Portland is not like Berlin after WWI, even as Trump has constructed from DHS tactical units and DoD contractors, an actual Freikorps. The Spartacist League and the Catholic League will not be meeting in the next World Baseball Classic. Trump probably cannot name a leader of antifa. Violent far-right…
Anti-Capitalist Meetup: is there a “fully unexploited luxury socialism”
This week I attended (remotely) the Rethinking Economics Festival and encountered challenging pluralist discourses like a platform economy (noting that most of such work is populated by women), decolonizing the Eurocentric position in disciplines, or “fully-automated luxury communism”. I thought I’d share some resource items and make a few observations. Columbus does need to be…
AntiCapitalist MeetUp: government deficit is a myth in the eyes of Modern Monetary Theory
Modern Monetary Theory (MMT) can (but not will) save the US economy. What with the White House Council of Economic Advisors now reduced to one economist, it’s worth noting that one of their econometric models (Hassett) influenced the prediction that COVID-19 infections in the US would go to zero by June. That is after all,…
Happy May Day May Day May Day
186 days left in Trump's “year of tremendous death”. At the end of that year there will be dances, singing,… and cake. May Day is a public holiday usually celebrated on 1 May. It is an ancient festival of Spring[1] and a current traditional spring holiday in many European cultures. Dances, singing, and cake are usually part of the festivities. In the late 19th…
AntiCapitalist Meet-up Hodge-podge
Below is a collection of things that I’ve been saving up — including the problems of CV-19, MMT, neoliberalism, and other things relating pandemics to the economy. If there’s a point to this selection it is to remind ourselves what will happen in 2021 with Larry Summers now advising the Biden campaign — there’s still a lot…
Anti-Capitalist Meet-Up: The Big and Small of addressing the Climate Crisis
The year has not ended well, even as there is some hope that 2020 will bring a reversal of the perfect storm of 2016 that elected a buffoon to the WH. A recent article outlined the cascading possibility of connected tipping points in the Climate Crisis. This emergency cannot be unmet. With the current electoral politics, the…
Anti-Capitalist Meet-Up: post-Trump environmentalism must move beyond a Green New Deal
< p class=”is-empty-p”> x YouTube Video In less than 400 days the US could be relieved of perhaps the stupidest self-proclaimed “environmentalist” in US history. We will need to refocus the post-Trump environmental economy to sustainable goals that reposition the discourse about economic growth, particularly energy production, distribution, and consumption. The Green New Deal is only a…
