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By David Spratt

October 10, 2008 -- A year ago I was researching what was intended to be a short submission to the Garnaut review [commissioned to advise the Australian federal government of Labor Party Prime Minister Kevin Rudd], when events in the polar north turned the world of climate policy upside down. It was found that eight million square kilometres of sea-ice — an area the size of Australia — was melting, in the immortal words of one glaciologist, "a hundred years ahead of schedule".

Yet the international policy debate carried on as if this had not happened. Out-of-date scenarios, research and observations were being used to propose emission reduction targets that would still lead to catastrophe even if fully implemented.

And so a short submission became a long detour into how the climate debate is being constructed, and the result, with Philip Sutton,  was a book we did not intend to write, Climate Code Red.

Statement from the National Assembly of People’s Power

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Barack Obama supporters

By Malik Miah

October 8, 2008 -- The deepening financial calamity exposes how the “fundamentals” of the economy impact on working people, particularly African Americans. The so-called unfettered free market system has been a failure.

The issue of the economy has given the presidential campaign of Barack Obama, the first Black candidate for a major party, a big boost. After eight years of Bush-Cheney, Obama should be a shoo-in. Democrats are expected to garner big majorities in the Senate and the House of Representatives.

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By Chris Slee

October 5, 2008 -- On January 2, 2008, the Sri Lankan government formally renounced the ceasefire agreement with the Liberation Tigers of Tamil Eelam (LTTE), which a previous government had signed in February 2002. But by the beginning of 2008 the ceasefire already existed only on paper. Violence, which had been escalating for several years, had by then reached the level of full-scale war.

Interview with John Bellamy Foster, editor of Monthly Review, for Página/12 (Argentina).

Richard Wolff is professor of economics at UMass Amhers

These resources with notes are created by Brendan Cooney and are available at Kapitalism 101. This page was compiled by Dave Riley.

By John Pilger

October 7, 2008 -- The political rupture in South Africa is being presented in the outside world as the personal tragedy and humiliation of one man, Thabo Mbeki. It is reminiscent of the beatification of Nelson Mandela at the death of apartheid.

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This is not to diminish the power of personalities, but their importance is often as a distraction from the historical forces they serve and manage. Frantz Fanon had this in mind when, in The Wretched of the Earth, he described the "historic mission" of much of Africa's post-colonial ruling class as "that of intermediary [whose] mission has nothing to do with transforming the nation: it consists, prosaically, of being the transmission line between the nation and a capitalism, rampant though camouflaged".

Mbeki's fall and the collapse of Wall Street are concurrent and related events, as they were predictable. Glimpse back to 1985 when the Johannesburg stock market crashed and the apartheid regime defaulted on its mounting debt and the chieftains of South African capital took fright.