Capitalism

Biden must blame inflation on the corporations parasitically redistributing our income to themselves via record profits. Inflation caused by parasites, greedy corporations x x YouTube Video Watch Politics Done Right T.V. here. I wish Biden had called out the corporations for their parasitic behavior during the State Of The Union...

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  • March 7, 2022

The COVID pandemic provides all the proof America needs that healthcare does not belong under the control of for-profit corporations. COVID exposed why our system is ultimately fatal to many x x YouTube Video See full episodes here. We are in a global pandemic. We have various vaccines on the...

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  • September 8, 2021

These are days fraught with political battles over cultural histories abjuring complexity. Today it’s The Wall Street Journal and the reactionary path to critical race theory, the latest bit of Trumpist ignorance now projected into personnel policies and the larger revisionist history project that would deny the historical relevance of slavery...

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  • May 27, 2021

Not that I give a bloated goat fart in hell what the Republicans think, but does the Washington Post have to help them pass gas? Top left front page: Biden’s America: Democrats see competence, Republicans see chaos President Biden’s administration by the middle of last week was confronted with images...

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  • May 17, 2021

Shedding Facebook becomes more necessary as awareness of disinformation and propaganda effects forces editorial action by Facebook. The problem is that ad revenue can and has come from malign forces beyond the usual influence operations of capitalism. This comes as its Oversight Board asks more questions about Facebook’s role in...

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  • May 11, 2021

There is a capitalist propaganda battle at work, with the Wall Street Journal claiming that “ Biden has sent a signal around the world that nobody’s intellectual property is safe in America.”. The National Review now claims that “Profit Margins Save Lives”. “The administration believes strongly in intellectual property protections, but in service...

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  • May 7, 2021

Why is McConnell destroying the GOP? Why is Trump popular with his base? What does a low birth rate mean? Is capitalism the epidemic’s Achilles heel? Is McConnell oblivious to what he is unleashing? Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom: LINK — Live Calls: (346)248-7799...

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  • May 5, 2021

If the Ministerium für Staatsicherheit (Ministry for State Security) had had a crystal ball 40 years ago they would have promoted capitalism, the sheer amount of information people are willing to give away for free would have made their job so easy. Now in a functioning democracy that would be...

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  • May 4, 2021

I have heard Democrats touch trickle-down economics on the edges. But they always seem to fear hitting it not only head-on but for decimation. Biden takes trickle-down economics to the cleaners See full episodes here. The construction of this segment of the president’s speech was perfect. Understand this. It isn’t that  Republicans...

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  • April 29, 2021

Peak cynicism has arrived. Tucker Carlson pimps a version of the nanny-state with more police confrontations because he thinks cops should stop children from wearing masks by enforcing child abuse laws. Apparently making a child wear a mask is like punching them in the face or the equivalent of exhibitionism....

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  • April 27, 2021

Whether it’s soccer teams or sandwich shops, financialization was there before the pandemic, only making some of its supply-chain hijacking yet another example of an impending capitalist disaster. Re-regulation must remain important as crises loom in the post-pandemic recovery.  A 2017 interview with UMass’s Gerald Epstein points to the need to...

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  • April 25, 2021

A new book suggests now the necessity of reexamining the historical materialist project of Walter Benjamin recognizing those moments of historical contact as acts of recognizing the constructed historical object. “Historicism tends to be hermeneutic because it values cautious, rigorous, and contextualized interpretation of information; or relativist, because it rejects notions of universal, fundamental...

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  • April 24, 2021

Activist Brittany Packnett Cunningham did not mince her words or disgust for policing in America that is systemically fatal for people of color. Activist Brittany Packnett Cunningham hits the nail on the head See full episodes here. Activist Brittany Packnett Cunningham appeared on All In with Chris Hayes, where she points out...

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  • April 13, 2021

“As in the Times Op-Ed from which the book originated, the title refers to the results of studies conducted in Germany from the mid-nineteen-eighties onward, which reported, among other intriguing findings, that eighty per cent of East German women always experienced orgasm during sex, compared to sixty-three per cent of...

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  • April 8, 2021

I read “Biden Can Go Bigger and Not ‘Pay for It’ the Old Way” by Economics Professor and MMT advocate Stephanie Kelton. It is an important read that we need to understand. Stephanie Kelton hits the nail on the head. See full episodes here. Ironically Professor Kelton shared some concerns with former...

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  • April 7, 2021
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Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have denied us Renaissance art which is less at risk in an age of non-fungible tokens. Today the consequences for the planet...

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  • March 28, 2021

The stuck ship does tell us something about the fragility of global trade and the flow of capital.  Fungible Space Logistics, that concept popularized by United Parcel Service is also about the spatial problems of concrete versus abstract global networks. x Everyone is talking about the big ship getting stuck...

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  • March 28, 2021

Apparently John (no relation) Kennedy (R-LA) may endorse those sober drivers who run over demonstrators in Oklahoma, because a guy who “went to Oxford” should know something about logical fallacies. x Hours after America's second mass shooting in a week, Sen. John Kennedy downplays the gun problem by noting that...

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  • March 26, 2021

Twitter is dragging Jonathan Turley because of attributing a Rousseau quote to the Reign of Terror, but more likely because they mistook him for Jeffrey Toobin. That’s the nature of conservative culture war, making class warfare a struggle more transcendent and less applicable in times of right-wing insurrection.  x Since philosopher Jean...

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  • March 20, 2021

The Atlanta spree killings are unfortunately a story with structural similarity to events elsewhere. How do we know that Robert Long wasn’t on his way to Mar-a-Lago when the cops performed a PIT maneuver on him after he killed eight people. Darn hypotheticals of the culture wars. Mar-a-Lago as spa resort...

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  • March 19, 2021

Consistency really isn’t their thing, is it? In the last election cycle, Tom Norton, a once and future candidate for Congress, challenged “RINO” Peter Meijer in the GOP primary for Michigan’s 3rd Congressional District. He lost. By a lot. Meijer captured 50.2% of the vote while Norton came in a distant...

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  • March 4, 2021
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The sparse number of actual carbon capture and sequestration projects plus weak carbon markets amplify the problems of the climate crisis yet to be revisited, post-Trump. Two heartland examples in North Dakota and Texas show how there are several interlocking problems addressing the climate crisis that must be included in future environmental policy. More specifically...

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  • February 28, 2021

Darn those class commitments, aligning us to our political choices in a democracy, made worse by all those folks who knew they were in that Gilded Age. “If the future of the Democratic Party is in the rich suburbs, the future of American politics is another long Gilded Age.” Matt...

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  • February 28, 2021

This Green Energy-loving Conservative will impress you. The GOP Civil war is on. Walking while black still an offense? January 6th FBI bias. Conservative fighting for green energy Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom: LINK — Live Calls: (346)248-7799 ID:254 0 9091 Topics: The Republican Party...

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  • February 24, 2021

I’ve always admired Naomi Klein since reading her terrific and insightful book “The Shock Doctrine: The Rise of Disaster Capitalism.”   She has a NYT editorial column up yesterday, expounding on her prior theme in relation to Texas’s recent disaster, titled “Why The Republicans Fear The Green New Deal,” in which she...

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  • February 22, 2021

Looks like unfettered capitalism is working exactly as it’s supposed to in Texas. Texas billionaire Jerry Jones is, of course, best known for somehow making me hate the Dallas Cowboys even more than I used to (in case you’re not a football fan, he owns the team), but in the...

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  • February 19, 2021

We must make the Texas Electric grid failure strike 3. Economist & Professor Dr. Richard Wolff discusses his new eBook, The Sickness System. Dr. Richard Wolff explains Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom: LINK — Live Calls: (346)248-7799 ID:254 0 9091 Topics: The misery that Texans...

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  • February 19, 2021

Meet crony capitalism-owned government, Texas. The Texas grid failure is a perfect example of what markets do to systems we all depend on because they can, given bought governments. Journalist understands the error in slavish devotion to markets x x YouTube Video See full episodes here. The Texas Tribune CEO...

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  • February 18, 2021

Texas is the coalmine canary of failures in the GQP’s industrial policy. The “clusterfuzzle” appears to be only in Texas: perhaps they skimmed on costs and failed in winterizing their plants. The structural failure comes from the anti-federal, deregulatory policy of the Texas grid which reveals itself in the disinformation...

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  • February 18, 2021

In particular Bill Gates pontifications under his label of the “Good Billionaire”. Yes he does keep to the science in a way, but  please stop with the hypocrisy. If there is a credibility gap in listening to Gates on this subject, it comes from the suspicion that he lives in...

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  • February 15, 2021

Let real wages (of $15+/hour) grow faster than labor productivity for some years, undoing the wage repression of the last decades. We have been misled by neoliberal economics for now many decades, it’s time to turn many things around in what is becoming a second-rated US economy, recently crippled by the...

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  • February 9, 2021

This is something I have been considering for a long time [10 years or so] and the events of January 6th 2021 are slowly coalescing my thoughts on the subject. Or maybe I’m just slow. An article in the FT written in 2008 The new Russo-Chinese model is authoritarian and...

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  • February 3, 2021

No one wants to hear about GameStop(gate) even if it’s not really a scandal or a flaw in capitalism. Slavoj “we must end capitalism but won't” Žižek on GameStop is like imposing a libidinal economy on Sudetenland when you take it over. Was the appeasement good for you too? There’s a market...

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  • February 2, 2021

The best explanation of short selling (as it applies to GameStop) that I've read pic.twitter.com/o9ZL5HqsKf — John M. Cunningham (@jmcunning) January 28, 2021 1/2Short selling means borrowing shares and immediately selling them. When the price goes down, they buy them back for cents and return them to the lender. This...

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  • January 31, 2021

​ Kitchen Table Kibitzing is a community series for those who wish to share a virtual kitchen table with other readers of Daily Kos who aren’t throwing pies at one another. Drop by to talk about music, your weather, your garden, or what you cooked for supper…. Newcomers may notice...

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  • January 30, 2021

This really is not taking a position, but just recognition of what is going to happen tomorrow (maybe) and how this is going to impact market investments going forward. I am sure many of you have heard about the GameStop phenomenon, but it is not being that well explained in...

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  • January 28, 2021

Not really a heist film, but a brief amusement worth another cinematic treatment of financial markets like Trading Places. If not, here’s a quick recap: a bunch of traders — many amateurs — got together on the online discussion forum Reddit and decided they were going to pump up GameStop’s...

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  • January 28, 2021

We are living in a society that was basically defined by a few people. What I have realized is that many of its failures are based on abstraction. When I worked for NASA, we were tasked to develop software that had to work on PCs, Apollos, and Macs, different brands...

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  • January 18, 2021

Thomas Friedman did a disservice with a false narrative recently on MSNBC as Democrats are about to take over the government. Thomas Friedman wrong again as he dings Democrats See full episodes here. The message, the mostly hot-air-that-must-be-ignored emanating from Thomas Friedman is unwarranted and unneeded. In fact, he plays directly...

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  • January 15, 2021

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx Reproduction and accumulation Capital is “self-valorising value”. But for capital to continue to generate new value and create surplus-value, this surplus-value must itself by reinvested back into production – that is, surplus-value must be...

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  • January 4, 2021

On the sixth of January Congressional Republicans will make a farce of American democracy live and direct before the whole world. I know many Americans don’t care, some even doubt it exists and anyway it’s furrin parts. As an expat all I want to do is hide and cry, no...

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  • January 3, 2021
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The neoliberals’ “free market” is not going to sequester enough carbon to save the environment. Even Warren Buffett isn’t willing to take a bet on surviving an impending climate crisis catastrophe, because “the rents are too high”. Existential threats have a critical reality, about which ruthless criticism is entailed. Even...

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  • December 27, 2020

With a very effective message, Scott Galloway, the author of Post Corona effectively takes down a system that puts corporations ahead of people. “Post Corona” author hits the nail on the head x x YouTube Video See full episodes here. MSNBC Host Stephanie Ruhle asked NYU Professor and author of “Post Corona:...

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  • December 27, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx Summary: Chapter 16 of volume 1 of Capital is called “Absolute and Relative Surplus Value” and discusses the nature of labour, surplus value and surplus labour time. This chapter begins Part 5 of Capital (which...

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  • December 22, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx. Outline of Marx’s Analysis Chapter 16 The Historical Relation Between Absolute and Relative Surplus Value – in capitalism, social labor produces surplus-value – early on: formal subsumption of labor produces absolute surplus-value by extending the working...

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  • December 20, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx. Not quite this type of commodity, but more like a pork barrel. x “Ah, pork bellies, I knew it.” ~Louis Winthorpe @dan_aykroyd https://t.co/yeVcYIYtqF— Stephen Bates (@batess) December 3, 2020 M. Proudhon has the misfortune of...

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  • December 4, 2020

A friend sent me the following post. One can only believe what she is saying if we discount the conditions of a large swath of Americans. Sadly, few will see her severe lack of empathy. A severe lack of empathy See full episodes here. Just the setup of this woman’s...

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  • December 3, 2020

This is a view from abroad as I have been an expat since the middle of the second term of W.J. Clinton. I am not a Democrat, I am middle of the road European Left and Bernie still makes sense to me. The Republicans have been sprinting to the right...

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  • November 25, 2020

Failing in Michigan, Trump seems to have moved on to Pennsylvania with the same stunt, meant largely to excite state-level resistance by RWNJs pressuring political institutions in the hope of faithless electors. Because the 12th Amendment seems one of the last ploys remaining to steal the election. x There are...

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  • November 21, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx This covers chapters 15 and 16. Chapter 15 describes more closely the production process and its relation of technology (to power as machinery and as social relation) Chapter 16 begins a discussion of...

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  • November 12, 2020
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