Daily Archives: August 29, 2022

2022-08-29: News Headlines

_____ (2022-08-29). West's neoliberal 'age of abundance' is over, as war and sanctions boomerang home. popularresistance.org France's President Emmanuel Macron, a former banker, warned that "we are living the end of what could have seemed an era of abundance," calling it "a kind of major tipping point or a great upheaval." | Western wars and sanctions are boomeranging back at home. The neoliberal phase of capitalism is collapsing. | Neoliberalism has lost the key pillars it was built on: cheap energy and raw materials from Russia, cheap labor and consumer goods from China, an unsustainable bubble of household debt, low to zero interest rates, and Washington's ability to organize regime-change operations in any country where a governmen…

WSWS (2022-08-29). Baltic governments use war in Ukraine to accelerate removal of Soviet World War II monuments. wsws.org The reactionary campaign is designed to sow ethnic divisions and erase from historical memory the defeat of fascism and the massive victory it signified for both the Soviet and international working class.

____ (2022-08-29). Vera Sharav: When a Holocaust Survivor Confirms the Parallels, We Need to Listen. transcend.org 22 Aug 2022 – This is the New Eugenics. It is embraced by the most powerful global billionaire technocrats who gather at Davos: Big Tech, Big Pharma, the financial oligarchs, academics, government leaders & the military industrial complex. These megalomaniacs have paved the road to another Holocaust. This time, the threat of genocide is Global in scale.

____ (2022-08-29). Nuremberg: Holocaust Survivor Vera Sharav's Alert about Nazi Tactics in 2022. transcend.org "Humanity Is Currently Under Siege by the Global Heirs of the Nazis" – Vera Sharav, Holocaust survivor and human rights advocate, speaks first at the 75th Anniversary Event of the Nuremberg Code in Nuremberg, Germany, on 20 Aug 2022.

Fight Back (2022-08-29). Red Theory: Capitalist accumulation and overproduction. fightbacknews.org It is a fact of historical materialism that the development of the productive forces reduces the amount of labor required by production. As technology and techniques improve, the amount of work required to meet human needs is reduced. This should be a fact that liberates humanity from toil, freeing us to pursue our interests, hobbies, goals of self-development, and so on. | But that's not what has happened, and there is a material reason why that hasn't happened. In fact, under capitalism, it cannot happen. The capitalist relations of production – the relations of class, division of labor and ownership – stand i…

Tomasz Konicz (2022-08-29). The necessary breach and Rackets and Rockets. indybay.org The climate movement should not be afraid of being accused of radicalism. Given the civilization-threatening dimensions of the climate crisis, it is a matter of sheer collective will to survive to solve this monstrous problem. It is obvious that global capitalism, in its boundless compulsion to grow, is incapable of reducing resource consumption and emissions.

WSWS (2022-08-29). Exchange with a railroad worker and Will Lehman, socialist candidate for UAW president: How to build rank-and-file committees. wsws.org Lehman is running on a platform of abolishing the UAW apparatus and to build workers' power through rank-and-file committees.

____ (2022-08-29). Bruce Lee's daughter sues Chinese fast food chain Real Kungfu for $30 million. ecns.cn Bruce Lee Enterprises, whose legal representative is Shannon Lee, is seeking 210 million yuan ($30 million) in damages from the Real Kungfu chain.

Internationalist 360 ∞ (2022-08-28). Every Meddling Tactic the U.S. Empire Has Used in Ukraine Has a Historical Precedent. libya360.wordpress.com Rainer Shea The perception of the events in Ukraine that U.S. imperialism seeks to propagate is one of "see no evil, hear no evil" when it comes to the role Washington has played. The demonization of Russia is so extreme that Kiev supporters often can't even admit the conflict is a proxy war, for fear…

_____ (2022-08-28). How Rural America's Assets Have Been Systematically Stripped Away. popularresistance.org Since the 1980s, financial capital has developed imaginative new ways to strip and seize the assets present in rural zones, whether these be mutually-owned banks, industries, cooperatively-owned grain elevators, local newspapers, hospitals, people's homes, or stores located in towns and malls." In the wake of the fiscal austerity agenda enacted by financial and political elites in the late 20th century, the vast majority of the wealth created in America's countryside "has accrued to shareholders in corporations and financial institutions headquartered in a handful of distant, economically dynamic urban centers."

_____ (2022-08-28). China's Development Path: Indigenous Innovation And Global Competition. popularresistance.org In our INET working paper, "China's Development Path," we employ the "social conditions of innovative enterprise" framework to analyze the key determinants of China's development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human capabilities and physical infrastructure provided foundational support for the emergence of Chinese enterprises capable of technological learning. Second, we delve into the main modes by which Chinese firms engaged in technological learning from abroad—joint ventures with foreign multinationals, global value chains, and exp…

Internationalist 360 ∞ (2022-08-27). Canadian Media Once Called Azov Neo-Nazis. Now They Hide That Fact. libya360.wordpress.com Davide Mastracci and Alex Cosh News outlets have stopped labelling the Azov Regiment as neo-Nazis because it has become politically inconvenient. Earlier this month, The Globe and Mail published a story profiling the wife of an Azov Regiment colonel, who denied that the group is made up of neo-Nazis. Instead, she insisted it's "the most motivated, most…

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