Thirteen Ways to Tax the Rich
December 4th, 2011
In order for it to have impact, it must be further clarified, or else it will be misinterpreted by politicians pushing ideas which they will falsely claim would tax the rich - such as Republican presidential candidate Herman Cain’s phony 9-9-9 plan, or even Obama’s “millionaires’ tax.”
Here are 13 true, progressive tax-the-rich proposals: Read the rest of this entry »
The Global Super Rich Stash: Now $25 Trillion
December 3rd, 2011In today’s astoundingly unequal global economy, banks can go either of two routes — or both — to bag ever bigger returns. They can squeeze the 99 percent with nuisance fees and penalties. Or they can cater to the richest of the rich.
But both routes have bumps. The 99 percent can squeeze back, as they did earlier this month when Americans by the tens of thousands shut down their Bank of America accounts to protest the bank’s $5 debit card greed grab. And the richest of the rich? To cater to these fortunates, you have to first find them.
That can be difficult. Fortunately, financial industry consulting firms have stepped up to help. These firms have started publishing annual global wealth surveys that pinpoint where banks — and luxury retailers and anyone else who wants in on top 1 percent action — can find “high” and “ultra high” net-worth individuals. Read the rest of this entry »
Wal-Mart is Larger than Norway: Exposing the Myth of Capital Competition
December 3rd, 2011By Christopher Petrella
The supreme outcome of the contemporary globalization of monopoly capital has been an amplification of world exploitation, poverty rates, wealth disparities, and food insecurities. Since the mid-1970s the rate of world growth has stalled by nearly 70%. And one consequence of decelerating rates of growth has been a turn to financialization since about 1980 by giant firms unable to find sufficient high return investment outlets in production. Large corporations gradually began to rely on speculative investments made possible by highly leveraged assets and as a result have fomented financial crises of unfathomable proportions at a time when state systems everywhere are increasingly subject to the vagaries of the “market” and are forced to subsidize the failures of corporate capitalism through taxpayer sponsored “bailouts.” Leaders at national, regional, and municipal levels have begun to ameliorate the resulting fiscal crises by disinvesting in social services and creating more regressive tax systems, thereby intensifying the effective level of exploitation. Hence, the internationalization of monopoly capital, rather than contributing to the stabilization of global systems, is aggrandizing crises in both the scarcely indistinct private and public sectors. Read the rest of this entry »
Catia TVe
October 3rd, 2010Catia TVe: Community Television in Venezuela (2004: 36 minutes. Transcribed by Darrell Moen)
Unidentified woman: In Caracas, at the foot of Mt. Avila, the big mountain, inhabitants of the Barrio Simon Rodriguez, Las Barracas del Manicomio, founded by Maura, Marina Catalina, Luis, Jose, Socorro, Salumino, Victor, Pedro, Rosa and many others, today we say that we are visible, that we have a voice as legitimate citizens of this nation and inheritors of this earth. Those of us who live here announce the refounding of our barrio as a space of dignity, hope, peace, and future [for our children]. We who are today asserting our rights, we tell our history. Read the rest of this entry »
The Population Myth
October 4th, 2009The Population Myth
People who claim that population growth is the big environmental issue are shifting the blame from the rich to the poor
By George Monbiot.
October 03, 2009 The Guardian” — 29th September 2009 — It’s no coincidence that most of those who are obsessed with population growth are post-reproductive wealthy white men: it’s about the only environmental issue for which they can’t be blamed. The brilliant earth systems scientist James Lovelock, for example, claimed last month that “those who fail to see that population growth and climate change are two sides of the same coin are either ignorant or hiding from the truth. These two huge environmental problems are inseparable and to discuss one while ignoring the other is irrational.”(1) But it’s Lovelock who is being ignorant and irrational.
A paper published yesterday in the journal Environment and Urbanization shows that the places where population has been growing fastest are those in which carbon dioxide has been growing most slowly, and vice versa. Between 1980 and 2005, for example, Sub-Saharan Africa produced 18.5% of the world’s population growth and just 2.4% of the growth in CO2. North America turned out 4% of the extra people, but 14% of the extra emissions. Sixty-three per cent of the world’s population growth happened in places with very low emissions(2). Read the rest of this entry »
Honduras is Only Part of the Story: The Conservative Counter-Attack in Latin America
August 10th, 2009Counterpunch Weekend Edition: August 7-9, 2009
By MIGUEL TINKER SALAS
I would submit that events in Honduras are not isolated, but rather part of a conservative counterattack taking shape in Latin America. For some time, the right has been rebuilding in Latin America; hosting conferences, sharing experiences, refining their message, working with the media, and building ties with allies in the United States. This is not the lunatic right fringe, but rather the mainstream right with powerful allies in the middle class that used to consider themselves center, but have been frightened by recent left electoral victories and the rise of social movements. With Obama in the White House and Clinton in the State Department they have now decided to act. Bush/Cheney and company did not give them any coverage and had become of little use to them. A “liberal” in the White House gives conservative forces the kind of coverage they had hoped for. It is no coincidence that Venezuelan opposition commentators applauded the naming of Clinton to the State Department claiming that they now had an ally in the administration. The old cold warrior axiom that the best antidote against the left is a liberal government in Washington gains new meaning under Obama with Clinton at the State Department. Read the rest of this entry »
A Class Perspective on Ecology and Indian Movements: Diversity with Inequality is Not Social Justice
October 16th, 2008By James Petras 14/10/08 Information Clearinghouse” — There are two opposing approaches to the analysis of ecological destruction and the emergence of Indian movements in Latin America: the liberal and the Marxist.The liberal approach emphasizes ‘universal responsibility” for the destruction of the environment – rich and poor, mining companies and miners, factory owners and factory workers, auto manufacturers and drivers, governments and citizens, real estate speculators and slum dwellers. The liberal ecologists claim the negative consequences adversely affect everyone: “We all suffer from the destruction of the environment.”The liberal approach to the development of Indian movements and politics follows a similar approach, using the non-class categories of ‘community’, ‘culture’ and religion, to discuss Indian social structure as a ‘homogenous’ social phenomenon.
The Marxist approach to ecological destruction and Indian social movements focuses on the inequality of power and control over the means of production and destruction, unequal exposure to contamination in the workplace and neighborhoods, inequality in access to land and use of chemical fertilizers and herbicides and other contaminants and unequal access to state power. Marxists focus on the class structure, class inequalities and the class nature of the environmental disasters which take place. Marxists view ethnic and contemporary Indian movements, policies, leadership and relationships in relationship to the larger class system through the lens of class analysis. Marxists do not accept the liberal rhetoric and indigenous identity or ‘indigenista’ ideological assumption that Indian society is made up of homogeneous ‘communities’ bound together by harmonious undifferentiated ethnic interests without class divisions and conflicting class interests. Today, even more than in the past, the deepening penetration of capitalist expansion and market relations, capitalist and socialist ideology and political parties, imperialist funded non-governmental organizations (NGOs) funded by US and European governments and the World Bank, have created class-polarized and divided Indian societies. ‘Communalism’ and communitarian ideology is the ideology of the rising Indian economic and political petit bourgeoisie articulated to subordinate the impoverished Indian peasantry to their struggle to share power with the established ‘European’ or mestizo bourgeoisie. Read the rest of this entry »