capitalism

By Patrick Bond

January 1, 2013 – Links International Journal of Socialist Renewal

Either:

1) Africa owes its takeoff to a variety of accelerators, nearly all of them external and occurring in the past 10 years:

• billions of dollars in aid, especially to fight HIV/AIDS and malaria;

• tens of billions of dollars in foreign-debt cancellations;

• a concurrent interest in Africa’s natural resources, led by China; and

• the rapid spread of mobile phones, from a few million in 2000 to more than 750 million today.

Business increasingly dominates foreign interest in Africa. Investment first outpaced aid in 2006 and now doubles it.

Or:

President Barack Obama bragged how he had saved the US auto industry by handing out billions in taxpayers’ money to the auto bosses, and even establishing what amounted to temporary federal ownership of the old General Motors plants when GM went bankrupt during the “Great Recession”.

By Sam Williams

December 23, 2012 -- A Critique of Crisis Theory, posted at Links International Journal of Socialist Journal with permission -- December 11, 2012, brought news of a major new attack on basic labour rights in the United States. The following day, the Federal Reserve [the US central bank] announced new inflationary measures designed to end the economic stagnation the US economy has been mired in since the “Great Recession” bottomed out in July 2009.

"We have to put limits on the [capitalist] system's operation ... which means building a mass movement that has to build into itself not just the question of ecological justice, but also the question of social justice ... a movement with the radicalism of the 1960s' social movements with the social power of the union movements of the 1930s" -- Chris Williams.

Click HERE for more on Marxism and ecology.

Filmed by Doug Enaa Greene

By Sam Wainwright

[Sam Wainwright is an elected municipal councillor in Fremantle, Western Australia, and a member of the Socialist Alliance. This is a talk he gave on the topic of how to achieve social change in Australia.]

December 9, 2012 -- Socialist Alliance (Australia) -- It's pretty obvious for anyone that cares to look that capitalism is a socially destructive and ecologically unsustainable system.

Based on the unequal distribution of wealth, it condemns billions to living in poverty worldwide.

In more wealthy places like Australia, where workers have much higher incomes, capitalism invents products for us to spend money on just as quickly as we win a wage increase. That we have one of the highest youth suicide rates in the world is but one proof that it doesn't provide people with a meaningful existence.

Now the worsening climate crisis -- caused by capitalism’s endless accumulation of profit and wealth -- threatens the very basis of life on Earth.

[Links International Journal of Socialist Renewal urges its readers to consider taking out a subscription to Monthly Review, where this article first appeared. Click HERE to read more from John Bellamy Foster. For more articles on Marxism and ecology, click HERE.]

By John Bellamy Foster and Brett Clark

December 7, 2012 --

The following address was presented on December 5 by Jose Antonio Zamora Guitierrez (pictured), minister of environment and water for the Plurinational State of Bolivia, to the UN Conference on Climate Change (COP18) in Doha, Qatar. 

* * *

December 5, 2012 -- Links International Journal of Socialist Renewal -- Mr. President of the COP, distinguished heads of state of countries of the world, ministers, officials, delegates and representatives of social organisations, Indigenous peoples and communities and farmers of the world, receive a greeting from the Plurinational State of Bolivia and our president, Evo Morales Ayma.

The planet and humanity are in serious danger of extinction. The forests are in danger, biodiversity is in danger, the rivers and the oceans are in danger, the Earth is in danger. This beautiful human community inhabiting our Mother Earth is in danger due to the climate crisis.