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Living in a Whirlwind, or the Food/Energy/Work Crisis – and some criticisms OpenPublishing | News & Analysis
Submitted by mute on Wednesday, 9 July, 2008 - 21:38
Brian Marks

Brian Marks seems to have rewritten George Caffentzis' 1980 'The Work/Energy Crisis & The Apocalypse' essay for our turbulent times, adding in a dose of fictitious capital a la David Harvey. But was/ is this analysis of (energy/capitalist) crisis accurate?

In particular the idea that the crisis imposes intensified looting (of workers) through inflation, transfering value back up to


How should the Middle East invest its oil profits? OpenPublishing | News & Analysis
Submitted by unterschreber on Tuesday, 24 June, 2008 - 20:50
Michael Hudson

Short article from Bahrain weekly 'The Gulf' in which the author of 'Super Imperialism' and 'Global Fracture' makes what is hardly the 'modest proposal' he pretends it is, and perhaps also gives a clue as to what he thought he was doing as 'economic adviser' to Denis Kucinich's presidential run. Hudson proposes that an unspecified bloc of 'Middle Eastern' state-capital should try to settle the dollar-standard blackmail once and for all by offering to buy the US out of the military infrastructure (i.e.


Day of the dollar: a global connection OpenPublishing | News & Analysis
Submitted by unterschreber on Tuesday, 24 June, 2008 - 17:59
Jon Amsden / Jeffrey Fleishman / LA Times staff writers

Thanks to Meltdown III stalwart Jon Amsden for finding and introducing this impressionistic but telling survey of what a dollar free-falling towards worthlessness ('Monopoly money', anyone?) means in terms of everyday survival in some parts of the world.

 

For those who may wish to take a break from the lofty abstractions of financial skullduggery and dollar decline, here's how it looks on the fishmarket floor and in other places where the dollar was once the basic currency of international trade but is now losing its former luster.


Tear Down the Ghetto: The Price is Wrong OpenPublishing | News & Analysis
Submitted by Mavis on Wednesday, 23 April, 2008 - 15:10
Glen Ford

re-posting from the [reclaim-spaces] list, originally in Black Agenda Report

Tear Down the Ghetto: The Price is Wrong
http://www.nathanielturner.com/teardownghettopriceiswrong.htm

What the misanthropic Jenkins calls a "small mental adjustment" is
actually a government-
subsidized economy of destruction -rather than production- divorced
totally from human needs but instead dictated by the demands of those
who deal in "moneyness."

By Glen Ford

The final crisis of capitalism is no longer looming: it has arrived with


The situation of left communism today OpenPublishing | News & Analysis
Submitted by unterschreber on Friday, 18 April, 2008 - 20:43
Loren Goldner / SaNoShin

In-depth to say the least (it's 55 pages if you print it out) interview with marxist writer/activist and recent Mute collabor Loren Goldner by the South Korean SaNoShin group, covering the 20th century history of class struggle and present developments/future prospects.
From Goldner's Break Their Haughty Power website (http://home.earthlink.net/~lrgoldner/)

The Situation of Left Communism Today:
Interview with the Korean Socialist Workers Newspaper Group (SaNoShin), November-December 2007

Loren Goldner


Manufactured Scarcity - The Profits of Deindustrialisation Editorial content | Articles
Submitted by mute on Thursday, 10 April, 2008 - 17:02
James Heartfield

'Green capitalism': a new paradigm of sustainable production or a licence to shut down plants and print money? Basing this article on excerpts from his recent book, James Heartfield looks at the case of Enron, an influential pioneer in increasing profits by cutting output

 

Of course companies that sell climate change solutions stand to benefit as greenhouse gas emissions come to bear a price tag.


A lack of trust spells crisis in every financial language - Credit crisis digest Editorial content | News & Analysis
Submitted by Ben on Wednesday, 19 March, 2008 - 02:48
Gillian Tett

Great to see the heads of mega banks fulminating against fiction and innuendo as a 'careless talk costs banks' ethos is pounded into their employees and rivals are threatened with retaliation for daring to speculate (ahem) on their illiquidity... a bit like the last season of The Wire, which is looking mighty prophetic in its articulation of the relations between lies, non-reproduction and the (more or less open) collapse of once 'great' institutions.


Three Talks by Loren Goldner Editorial content | News & Analysis
Submitted by mute on Monday, 31 December, 2007 - 15:46
Mute Events

THREE TALKS BY LOREN GOLDNER
London, Jan 19th, 21st and 22nd, 2008

New York-based Marxist Loren Goldner is giving a series of talks in London this month, hosted by Mute magazine [http://metamute.org]


Mute Vol 2 #6 - Living in a Bubble: Credit, debt and crisis Editorial content | Vol II
Submitted by mute on Monday, 3 September, 2007 - 09:36

Mute 2 6 cover thumb
Panic in the credit markets! Sub-prime crash!

a_town_called_alexander OpenPublishing |
Submitted by davem on Sunday, 12 August, 2007 - 10:26
a_town_called_alexander

a_town_called_alexander by Dave Miller


Lots of unknowns OpenPublishing | News & Analysis
Submitted by unterschreber on Wednesday, 27 June, 2007 - 19:20
FT editorial

Yesterday's Financial Times editorial picks up the Bank of International Settlements' warning of systemic financial crisis and upgrades it to "huge crisis".  Of course the prescribed course of action is some timely therapeutic bleeding of the working class - "a bit of economic pain", to be administered by central banks through monetary policy.  Less orthodox is the admission that "we" - i.e.


Stills from the animation 'time bomb the love' by Chiara Passa OpenPublishing |
Submitted by mute on Tuesday, 26 June, 2007 - 11:59
Stills from the animation 'time bomb the love' by Chiara Passa

Stills from the animation "time bomb the love" by Chiara Passa

subject: Art | Debt | Fictitious Capital | War

Why the subprime bust will spread OpenPublishing | News & Analysis
Submitted by unterschreber on Friday, 4 May, 2007 - 00:28
Henry C K Liu

A pertinent reminder that the so-called 'housing bubble' isn't just a matter of subprime foreclosures and repossessions: the buyers of the 'financial products' through which mortgage debt is abstracted and redivided at the outer limits of algorithmic calculation are none other than private pension funds, so that capital's 'no alternative' answer to the pseudo-problem of the 'demographic bomb' may yet manage to create a real 'pensions crisis' where none need have existed

Why the subprime bust will spread By Henry C K Liu


World liquidity crisis emerging OpenPublishing | News & Analysis
Submitted by matthew hyland on Thursday, 15 March, 2007 - 13:14
Chris Laird

Further to the dominant theme of the last couple of weeks...
(from Prudent Bear: http://www.prudentbear.com/)


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