Columns
If UAW Members Ratify the Contract, What Does GM Get?
By Frank Hammer, October 21, 2019 It’s clear that GM wants the terms of the tentative contract with the UAW; it’s willing to pony up $11,000 per worker for a “yes” vote ($3,000 more than in 2015), and even $4,500 per “temporary,” non-seniority worker. Despite GM effectively closing 3 UAW-represented plants in defiance of the…
Africa’s Free Trade Area Misses Nigeria
By Mattias Sköld / IPS News. UPPSALA, Sweden, Jul 5 2019 (IPS) – When Africa’s free trade area launches on 7 July, a key player will be missing. However, Victor Adetula, head of research at Nordic Africa Institute (NAI) in Sweden, predicts that Africa’s largest economy, Nigeria, will gradually open up and join the project.…
US and Canada are Backing an Elite White Supremist Minority in Venezuela
By David William Pear / Greanville Post Top Photo: Simon Bolivar, El Libertador, Early 19th century South American who, along with Jose de San Martin, lead Latin America in the war of independence from The Spanish Empire. Bolivar is the symbol of Hugo Chavez’s Bolivarian Revolution of the 21st century. Photo Wikipedia.] “Racism is one…
Overall and Core CPI Up 0.1 Percent in May; Overall Index Up 1.8 Percent Over Last Year
By Dean Baker / CEPR. Core inflation, excluding shelter, rose at an annualized rate of just 0.1 percent over the last three months. Inflation remained well-contained in May, with no evidence of serious inflationary pressures outside of rent. The overall Consumer Price Index (CPI) rose just 0.1 percent in May as the sharp rises in…
Driving Financialization
By Jomo Kwame Sundaram and Michael Lim Mah Hui / IPS News. KUALA LUMPUR and PENANG, Jun 11 2019 (IPS) – The emergence and growth of financialization from the 1980s has been driven by several factors operating at various levels – national and international, ideological and political, and of course, technological. The 1971 collapse of…
Why an “Apology Tour” Is Needed: An Open Letter to Joe Biden
By Norman Solomon Dear Mr. Biden: News outlets are reporting that you’re determined to prevent your campaign from turning into an “apology tour” this summer. But your only other option is a campaign of denial — sinking deeper into a quagmire of unsustainable pretense. After your flip-flop late last week that finally renounced your 40…
Loyal to their Class, Unhinged from Democracy
By Mike Ferner “Commerce defies every wind, overrides every tempest, invades every zone.”– Chiseled above the entrance to the U.S. Dept. of Commerce As stunning as it may sound, an argument can be made that neither the Nazi Party’s rise to power nor even WWII itself could have happened without the backing of U.S. industry…
Why Joe Biden Was Afraid to Face California’s Democratic Party
By Norman Solomon Joe Biden’s glaring absence from the California Democratic Party convention has thrown a national spotlight on his eagerness to detour around the party’s progressive base. While dodging an overt clash for now, Biden is on a collision course with grassroots Democrats across the country who are learning more about his actual record…
Oppose Doug Ford’s Ontario Schools Budget
By Dudley Paul / Socialist Project. When it comes down to it, the question is what do we want for our schools? The government of Doug Ford is actually quite clear about this. It wants to cut money from schools as well as their neighbourhoods, setting them back on their heels and making them more…
The (Small-d) Democrat’s Dilemma
By Andrew Levine / Counterpunch. The Trump presidency has been a disaster for the country and the world; a second Trump term would be calamitous. The menace must be stopped. The sad fact is, though, that for Trump to lose in 2020, a (big-D) Democrat will have to win. This means that the responsible thing…