August 1, 2011 -- Monthly Review Press has kindly given permission to Links International Journal of Socialist Renewal to publish "The growth imperative of capitalism", an exclusive excerpt from Fred Magdoff and John Bellamy Foster's just released What every environmentalist needs to know about capitalism. You can download the excerpt HERE (PDF), or read it on screen below.

John Bellamy Foster will be a featured international guest at the second World at a Crossroads: Climate Change – Social Change Conference, Friday, September 30 – Monday, October 3, 2011, Melbourne University.

Source:  “Graphic: Who pays the taxes?" What Went Wrong: The Betrayal of the American Dream. February 7, 2011.

By Paul Kellogg

July 27, 2011 -- PolEconAnalysis, posted at Links International Journal of Socialist Renewal with the author's permission -- As July came to an end, the United States central government had come up against its congressionally mandated debt ceiling. Without an agreement to raise that debt ceiling – last set at US$14.3 trillion – the US central government will be unable to borrow money to pay its bills. The consequences could be extremely serious – soaring interest rates, a collapse of the US dollar, not to speak of social security stipends, pensions and salaries going unpaid.

By Mark Harris

July 23, 2011 -- Resistance.org.au -- There is no denying it, depression is on the rise across the world. The World Health Organization says depression will be the second largest contributor to the global burden of disease by 2020. For young people this is already the case. Depression leads to about 850,000 deaths every year.

But why is depression on the rise? In some instances it is a product of more readily available methods of diagnosis and public understanding of the disorder. But increases in suicide rates and other indicators suggest that the increase in depression is well beyond this statistical readjustment.

Depression is not always caused by a chemical imbalance or as a result of human biology. It is a result of social factors such as loneliness, lack of social support, financial strain, lack of purpose and unemployment. These are endemic under capitalism.

Even in a wealthy country like Australia, youth often look to a future that is at best unfulfilling. Furthermore, capitalism is based on competition. In all sorts of ways we can only succeed if someone else fails. Obvious examples are job interviews or exams to get into uni.

Capitalist culture

Capitalist culture emphasises competition and individualism. Even the main form of transport — cars — means being physically separated from, and often in competition with, other people travelling on the same road.

State-backed "trade union" officers (in yellow caps) harrass striking workers at the Nanhai Honda plant in 2010.

July 20, 2011 -- China Labor News Translations, posted at Links International Journal of Socialist Renewal with permission -- Even though strikes frequently occur across China, the country actually has no law regulating labour strikes. There is no law permitting strikes, but at the same time there is no law banning them.

Dr Jeyakumar MP is greeted upon his release by PSM members and supporters. Photo by Alex Cheong.

Links International Journal of Socialist Renewal would like to thank all its readers who sent solidarity and protest messages, and participated in the pickets and vigils around the world, that helped win the release of the PSM's "EO6". Together with protests in Malaysia, solidarity actions were held in the Philippines, Thailand, South Korea, Australia and other parts of Asia.

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By K. Pragalath and Tarani Palani

By Kal

The Sun, a flagship daily of the disgraced Murdoch empire, immediately prepared a front page that described the far-right attack as an "Al Qaeda Massacre".

Tariq Ali presents a talk to the British Socialist Workers Party's Marxism 2011, held in London, June 30-July 4.

Protesters heckle climate denier Barnaby Joyce, a senator with the right-wing opposition National Party, as he sp

July 22, 2011-- Links International Journal of Socialist Renewal/Climate and Capitalism -- The second World at a Crossroads; Climate Change, Social Change conference will be held in Melbourne Australia, September 30-October 3, 2011. Links International Journal of Socialist Renewal is proud to be one of the co-sponsors of the conference and urges all its readers to attend, if at all possible. Click here to register.

The conference aims to contribute towards understanding and collective action, in Australia and internationally, to urgently address the climate and social emergencies that we must overcome if humanity and the planet are to not only survive, but thrive.

President Benigno “Noynoy” Aquino III displays his first paycheque.

By the Partido Lakas ng Masa (Party of the Labouring Masses, Philippines)

July 21, 2011 -- The election of President Benigno “Noynoy” Aquino III brought with it increased mass expectations. The president’s campaign slogan of ridding the country of corruption and the wanton displays of greed and abuses of power was welcomed with cheers and hope by a population sick and tired of the graft-ridden regime of Gloria Macapagal-Arroyo (GMA).

With the entry of the [parts of the] left into to government -- the ascent of the Akbayan party list as a coalition partner of the Noynoy government -- the expectations of some sections of the left were also heightened. Akbayan sees the strategy of working with the presidency as an alliance with a “reforming section” of the bourgeoisie, and through such an alliance it expected a number of reforms to be put in place.

What standards?

Painting slogans for the Congress of the Peoples of the East, September 1920, Baku. Photo from IISG.

By John Riddell

July 21, 2011 -- http://johnriddell.wordpress.com, posted at Links International Journal of Socialist Renewal with the author's permission -- Just under a century ago, the newly founded Soviet republic embarked on the world’s first concerted attempt to unite diverse nations in a federation that acknowledged the right to self-determination and encouraged the development of national culture, consciousness and governmental structures. Previous major national-democratic revolutions – in Britain, France, Germany, Italy, the United States – had been made in the name of a hegemonic nation and had assimilated, marginalised or crushed rival nationalities. The early Soviet regime, by contrast, sought to encourage, rather than deny, internal national distinctiveness.