Category: Economy

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Europe Sleepwalks toward World War III

Russian President Vladimir Putin, following his address to the UN General Assembly on Sept. 28, 2015. (UN Photo)

The West’s scary new catch phrase for anything the diabolical Russians do is “hybrid war,” accusing Moscow of spreading propaganda and funding NGOs, pretty much what the West has been doing for decades, as Gilbert Doctorow explains.

Libya’s ‘Chaos Theory’ Undercuts Hillary

Ousted Libyan leader Muammar Gaddafi shortly before he was murdered on Oct. 20, 2011.

Exclusive: Hillary Clinton’s Libyan “regime change” project remains in chaos with one U.S. official likening rival factions to rogue water “droplets” resisting a U.S.-carved rewards-and-punishment “channel” to reconciliation, reports Robert Parry.

America Excels in Business of Death

President Barack Obama uncomfortably accepting the Nobel Peace Prize from Committee Chairman Thorbjorn Jagland in Oslo, Norway, Dec. 10, 2009. (White House photo)

America may lag behind the developed world in many categories, but it is No. 1 in the “merchant of death” business, experiencing a boom in the commerce of boom, especially in areas destabilized by U.S. invasions, notes JP Sottile.

Letting ‘Wall Street’ Walk

Former Attorney General Eric Holder

Legal double standards are the norm in the U.S. – no jail for law-flouting Wall Street bankers but mass incarceration for average citizens, especially minorities, who get caught up in the prison-industrial-complex, as Michael Brenner describes.

Trump, Trade and War

Republican presidential candidate Donald Trump in an MSNBC interview.

Exclusive: Neoliberal dogma holds that “free trade” brings peace and thus Donald Trump’s criticism of trade deals presages war. But that view is not only bad history but ignores valid points that Trump raises, says James W Carden.

A US Hand in Brazil’s Coup?

Brazil's President Dilma Rousseff addressing the United Nations General Assembly. (UN Photo by Marco Castro)

The ouster of Brazil’s left-of-center president was the latest right-wing victory in Latin America, but was this “quiet coup” driven by local politics or part of a broader U.S. strategy to reclaim dominance over its “backyard,” asks Ted Snider.

Trump Threatens Neocon Policies

NATO headquarters in Brussels, Belgium.

Official Washington’s neocon-dominated establishment is apoplectic about Donald Trump’s “isolationist” foreign policy views including his disdain of NATO, but some of his ideas actually make sense for U.S. national interests, writes Ivan Eland.

Democrats at a Clinton-Sanders Crossroad

Former Secretary of State Hillary Clinton and Sen. Bernie Sanders. (NBC photo)

With California and other late primaries in view, Democrats face a fateful choice, whether to plunge ahead with status-quo Hillary Clinton or turn away at the last minute and go with hope-inspiring Bernie Sanders, as Lisa Pease urges in this open letter.

New Nukes for a New Cold War

The ruins of the Urakami Christian church in Nagasaki, Japan, as shown in a photograph dated Jan. 7, 1946.

Mythology about the rightness of dropping two atomic bombs on Japan is relevant to today’s “modernization” of the U.S. nuclear arsenal and the revving up of a new Cold War with Russia, says ex-Pentagon military analyst Chuck Spinney.

America’s Worst Laid Plans

President Barack Obama addresses the United Nations General Assembly on Sept. 24, 2014. (Screenshot from White House video of speech)

The U.S. government seeks to impose neo-liberal economics on the world even though those “free-market” policies funnel global wealth to a tiny fraction at the top, cause widespread despair and spark political turmoil, Michael Brenner explains.