The background to the article reprinted here is the “long boom” of western capitalism during the 1950s and 1960s. It first appeared in International Socialism journal in Spring 1967. On the surface it appeared that the capitalist system had stabilised itself, had broken out of the boom-slump cycle and was now able to offer the workers of Western Europe and North America a steady increase in living standards.
This was a frustrating world for Marxists, who found themselves subject to two temptations. One was to surrender to the claims poured out by the system’s apologists that capitalism had solved its problems and that the path of gradual reform offered a sure road to socialism. The other was to deny the obvious signs of stability and prosperity and assert that capitalism was on the verge of imminent, catastrophic collapse. If these temptations were to be avoided, and Marx’s analysis of capitalism’s contradictions was to hold, then the long boom must be explained.
Tag: OECD
Alex Soros meets Muhammad Yunus: How is Bangladesh’s interim chief connected to Soros family
Alex Soros meets Muhammad Yunus: How is Bangladesh’s interim chief connected to Soros family
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The DAC Network on Poverty Reduction is a community of the OECD that aims to help donor agencies and developing country governments focus on poverty reduction
Grameen America’s Institutional Partners
U.S. Department of Treasury’s Community Development Financial Institutions Fund (CFI Fund), Dalio Foundation, Jennifer & Jonathan Allan Soros Foundation (George Soros’ son), U.S. Small Business Administration, etc.
Israeli sex crime law condemned for giving Jews lesser punishment for rape
Bipartisan bill doubles penalties for Palestinians convicted of sexual assault or harassment if authorities deem there was a ‘nationalistic’ motive
Israeli sex crime law condemned for giving Jews lesser punishment for rape
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Railway Workers Fight Shows Need for Paid Sick and Family Leave + More Updates
“It staggers the imagination that in September 2022 the workers who keep the trains running did not have even one sick day to care for themselves.”
Railway Workers Fight Shows Need for Paid Sick and Family Leave, Says Economist
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Live updates: Railroad workers livid over deal brokered by Biden and unions to prevent strike
Africa taken for ‘neo-colonial’ ride

By Anis Chowdhury and Jomo Kwame Sundaram – Jul 26, 2022
SYDNEY and KUALA LUMPUR, Jul 26 2022 (IPS) – Like so many others, Africans have long been misled. Alleged progress under imperialism has long been used to legitimize exploitation. Meanwhile, Western colonial powers have been replaced by neo-colonial governments and international institutions serving their interests.
Africa taken for ‘neo-colonial’ ride
US & Europe Are Victims Of Their Own Sanctions On Russia & China
The scissors of slump
Last week, US Treasury Secretary Janet Yellen told the US Congress that “We now are entering a period of transition from one of historic recovery to one that can be marked by stable and steady growth. Making this shift is a central piece of the President’s plan to get inflation under control without sacrificing the economic gains we’ve made.”
It’s true that the US economy since the depths of the pandemic slump, (which remember in terms of national output, incomes and investment was the worst since the 1930s – even worse that the Great Recession of 2008-9) has made a recovery. But it could hardly be described as ‘historic’. And as for the claim that the US economy, the best performing of the major economies in the last year, is heading towards ‘stable and steady growth’, that is not supported by reality.
The scissors of slump
US Coup Specialist Victoria Nuland Visits Brazil
Wall Street’s Diabolical Plan to Financialize All Nature
This is unacceptable. And is already being pushed. Promoted. Like a ‘vaccine’ that causes harm rather then helping. Like a bitter pill hidden in a pile of sugar.
The Globe and Mail had an article in it’s print edition pushing this very agenda – Is it time to make ‘natural capital’ an asset class?
As I’ve always said the “green” movement is all about money. Profit. Plunder. Exploitation. Profiteering. Monopolization of everything. Denial of your human right to use what nature has given you to use. Since you and I are part of nature we shall be further exploited for profit. You know ‘pandemics and ‘vaccines’ as one form of crony capitalist, technocratic abuse.
Wall Street’s Diabolical Plan to Financialize All Nature
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Wall Street’s Takeover of Nature Advances with Launch of New Asset Class
Water wars loom amid climate collapse & plans for unprecedented imperialist destruction
If you work in the U.S., you don’t know how bad you have it
It’s no secret that United Statesians are more ignorant of the world beyond their national borders than the peoples of other countries. That ignorance serves a purpose. How can you keep screaming “We’re Number One” and believing you have it better than the rest of the world if you are in possession of accurate information?
If you work in the U.S., you don’t know how bad you have it
H/T: Dandelion Salad
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