capitalism

November 10, 2010 -- From the makers of The Story of Stuff and the The Story of Cap and Trade, Annie Leonard presents the latest episode in the series, The Story of Electronics. Like the first film, Leonard simply explains in plain English how an economy based on endless production of commodities for profit's sake creates waste and pollution and poisons people and the planet. While she urges consumers to make wiser choices when they shop, she also points out that it is the nature of the present system of ownership and production, and its lack of adequate regulation, that has to be changed to really make a difference. You can download the annotated script of The Story of Electronics HERE.

By Ben Courtice, Melbourne

November 2, 2010 -- In a recent seminar on trade unions and the climate movement, I observed a surprising disagreement between some of the socialists present. It was started by a comment from Melbourne University academic (and Socialist Alliance activist) Hans Baer, who suggested that the “treadmill of production and consumption” had to be challenged, that we need to challenge consumerism and the alienation of work that makes people buy things to feel better.

Liz Ross of Socialist Alternative took umbrage at this, declaring that workers should create and enjoy wonderful technological products, tearing down a straw figure that Hans was supposedly arguing to stultify the creativity of the working class.

By Dan La Botz

Mohammad Yunus accepts the 2006 Nobel Peace Prize.

Far from being a panacea for fighting rural poverty, microcredit can impose additional burdens on the rural poor, without markedly improving their socio-economic condition, write Patrick Bond and Khorshed Alam.

October 21, 2010 -- Pambazuka News -- For years, the example of microcredit in Bangladesh has been touted as a model of how the rural poor can lift themselves out of poverty. This widely held perception was boosted in 2006 when Mohammad Yunus and Grameen Bank, the microfinance institution he set up, jointly received the Nobel Peace Prize. In South Asia in particular, and the world in general, microcredit has become a gospel of sorts, with Yunus as its prophet.

Consider this outlandish claim, made by Yunus as he got started in the late 1970s: "Poverty will be eradicated in a generation. Our children will have to go to a `poverty museum' to see what all the fuss was about."

October 20, 2010 -- Links International Journal of Socialist Renewal, with the permission of Monthly Review Press, is excited to offer its readers an excerpt from the The Ecological Rift: Capitalism’s War on the Earth, an important new book by John Bellamy Foster, Brett Clark and Richard York. Links' readers are urged to purchase the book. Please click here to order your copy. You can download (in PDF) the chapter, "The ecology of consumption", below the following introduction, or read it on screen.

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By Renfrey Clarke

October 15, 2010 – You remember the scandal provoked by the errors and exaggerations in the 2007 report by the United Nations Intergovernmental Panel on Climate Change (IPCC)? And you know all about the even bigger “Climategate” scandal last year, when stolen emails revealed that leading climate scientists were manipulating data to fit their alarmist political agenda? Now we have the next instalment. In a new Guide to the Science of Climate Change the world’s top science body, Britain’s Royal Society, has quit playing politics and stopped peddling its claims of looming disaster.

By Simon Butler

October 9, 2010 -- Green Left Weekly -- It is close to an article of faith among environmentalists that using less energy is a big part of the solution to climate change. Energy efficiency is often said to be the “low hanging fruit” of climate policy. On face value, the benefits seem obvious.

The knowledge needed to make big gains in efficiency already exists. Using less energy will save consumers and industry money, whereas other policies will be costly. And most importantly, lower energy use could make a big dent in global greenhouse gas emissions.

The UN Intergovernmental Panel on Climate Change and the International Energy Agency both promote energy efficiency as an important climate measure.

However, strong evidence has emerged that new energy efficient technologies alone won’t do much to cut emissions. Indeed, in a capitalist economy, it’s very likely that energy efficiency gains will lead to higher energy use, not less.

September 16, 2010 – via

By David Masondo, Young Communist League chairperson

September 5, 2010 -- City Press -- There was cautious optimism among many leftists in the African National Congress (ANC) that the ousting of Thabo Mbeki in Polokwane [the ANC's 2007 national conference] might mark a shift towards a much more egalitarian economic policy, including "Black Economic Empowerment (BEE).

Instead, BEE is increasingly becoming too narrow, amounting to ZEE – that is, Zuma Economic Empowerment.

The recent ­multibillion-rand Arcelor-Mittal BEE deal involving Duduzane, President Jacob ­Zuma’s son, is another example of how BEE has become too narrow.

To crown it all, the president’s nephew, Khulubuse Zuma, seems to have suddenly become an African imperialist, amassing oil resources in the Democratic Republic of Congo.

By Mike Marqusee

September 3, 2010 -- MikeMarqusee.com -- On top of floods, war, bombs, a corrupt and incompetent government with a much feared military in the wings, the long-suffering people of Pakistan have now been betrayed, once again, by their cricketers. Most will not be shocked or will profess not to be shocked: over the last 15 years there has been a steady erosion of faith in Pakistan cricket, which has come to be held in the same low esteem as many of the country’s other institutions. It’s one of the reasons cited, along with exorbitant ticket prices, for the low turn-out from the Pakistani diaspora at this summer’s test matches in England.

But while people in and from Pakistan may not be shocked they are bitterly aggrieved. And rightly so. The antics of the three players accused of spot-fixing in the Lord’s test have destroyed the little portion of relief cricket affords for millions coping with trying conditions.

By Billy Wharton

August 31, 2010 -- A recent study featured in the Los Angeles Times suggests that daydreaming or other such unstructured mental activities might play a key role in mental well being. Unknowingly, this study promotes a prime potential of a democratic socialist society – the right to free time. While capitalism, especially in its current neoliberal incarnation, stresses never-ending productivity, a human-centred socialist system would allow for more free time.

Studies have apparently demonstrated that unstructured thought allows the human brain to develop its default mode network. Daydreaming, for instance, is not an escape from brain activity, but a productive working out of society’s complex social rules that allows the brain to function more efficiently in normal mode. Conversely, tasks that require strict attention tend to use one part of the brain at the expense of the default mode.