"When the capital profit is permanently higher than the growth rate for production and income which was the case up to the 19th century, capitalism automatically produces unacceptable and arbitrary inequalities that radically put in question the achievement principle on which our democratic societies are based."
Argentina faces yet another development in its dispute with holdout creditors: the RUFO (Rights-Upon-Future-Offers) clause, which prohibits Argentina from offering holdouts more than its payments to other creditors, expires at the end of 2014. Come January 1, 2015, Argentina’s case may take a different turn.
This introduction to Tomasz Konicz' "On the Search for Alternatives to the Permanent Capitalist Crisis" (2014) is translated from the German. Empire could be replaced by republic as excess could be replaced by access and more by enough. Capitalist contradictions and dislocations are not the last word.
Mitch McConnell the presumptive leader of the Republicans who have recent won a majority in the US Senate said there is now a race to turn America around. In my view, ethical human rights will not only turn America around but take it forward.
It's a strange thing, that Christmas is to be celebrated more luxuoriously
every year, wile the true meaning of Christmas is, that there was no place for
a poor Child in the Inn, like nowadays boat refugees are not welcome in
Fortress Europe. Only when all refugees are welcome in Europe, there will
be a true Christmas.
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Radio Havana Cuba, NHK World Radio Japan, Radio Deutsche-Welle, and Sputnik Radio.