austerity

Global Capitalism: June 2015 Monthly Update

by Dr. Richard D. Wolff

In the latest installment of his monthly talks in NYC, Marxist economist Richard D. Wolff explains the unfolding pension crisis, the prospects of Seattle's socialst city council rep, unravels some of the webs of deliberate confusion around what capitalism and socialism are and are not, and sheds light upon what the possible ends of our movement might be

Thirty Years of Black Economic Regression

A Black Agenda Radio commentary by executive editor Glen Ford

Black progress in the United States – the kind you can measure in numbers – is a myth. A new study confirms that Blacks have been steadily falling further behind whites in wealth for the past 30 years – which means the Great Black Regression has lasted about twice as long as the brief period of progress in the wake of the Sixties. Short of a revolution, Blacks will never achieve parity with whites.

 
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Detroit on the Auction Block

by BAR executive editor Glen Ford

With startling speed, a bankruptcy judge has moved Detroit to the auction block, with the banksters pre-positioned to pick the bones of the Black metropolis. Racism makes Wall Street’s mission infinitely easier. “Detroit is the golden opportunity to shape anti-democratic legal precedents that can be applied, nationwide, with the least resistance from the white American public.”

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