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Post by Admin on Oct 23, 2022 18:35:24 GMT
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Post by Admin on Oct 26, 2022 17:08:28 GMT
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Post by Admin on Nov 2, 2022 13:34:36 GMT
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Post by Admin on Nov 14, 2022 17:23:59 GMT
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Post by Admin on Nov 21, 2022 1:24:09 GMT
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Post by Admin on Dec 7, 2022 14:45:20 GMT
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Post by Admin on Dec 12, 2022 19:25:41 GMT
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Post by Admin on Dec 29, 2022 17:28:07 GMT
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Post by Admin on Feb 3, 2023 17:15:51 GMT
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Post by Admin on Feb 10, 2023 16:23:04 GMT
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Post by Admin on Feb 11, 2023 22:29:11 GMT
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Post by Admin on Mar 18, 2023 22:38:23 GMT
MARCH 12, 2023 How Does an Economic System so Hostile to Life Endure for Centuries? BY PETE DOLACK www.counterpunch.org/2023/03/12/how-does-an-economic-system-so-hostile-to-life-endure-for-centuries/When we conceptualize the power that maintains capitalism, violence and ideology readily come to mind. Despite the vast inequality, grotesque exploitation, contempt for life and the environment, chronic instability and the rebellions that repeatedly arise and sometimes take power, capitalism seems firmer in the saddle than ever, spreading its suffocating tentacles to virtually every place on Earth.
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Post by Admin on May 22, 2023 23:38:07 GMT
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Post by Admin on Jun 18, 2023 22:14:47 GMT
How 'the ineluctable rise of worldwide free market capitalism' has been a 'stunning failure': columnist www.alternet.org/free-market-capitalism-stunning-failure/Writing in Sunday's New York Times, global economics correspondent Patricia Cohen broke down how financial globalization proves that "almost everything we thought we knew about the world economy was wrong." Cohen notes the stark contrast between "the world's business and political leaders'" optimistic outlook on the global economy during the 2018 "annual economic forum in Davos," to "now, as the second year of war in Ukraine grinds on and countries struggle with limp growth and persistent inflation, questions about the emerging economic playing field have taken center stage." The columist points to the "heady triumphalism that followed the collapse of the Soviet Union in December 1991," adding, "Associated economic theories about the ineluctable rise of worldwide free market capitalism took on" a sense "of invincibility and inevitability," as "open markets, hands-off government and the relentless pursuit of efficiency would offer the best route to prosperity." During that time, Cohen continues, "There was reason for optimism," noting, "During the 1990s, inflation was low while employment, wages and productivity were up. Global trade nearly doubled. Investments in developing countries surged. The stock market rose." She then emphasizes, "It was believed that a new world where goods, money and information crisscrossed the globe would essentially sweep away the old order of Cold War conflicts and undemocratic regimes," but "there were stunning failures as well," as "globalization hastened climate change and deepened inequalities." Cohen acknowledges even though "the financial meltdown in 2008 came close to tanking the global financial system," it wasn't until the Covid-19 pandemic, that "the rat-a-tat series of crises exposed with startling clarity vulnerabilities that demanded attention."
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Post by Admin on Jul 23, 2023 18:08:25 GMT
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