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#capitalism

235 posts169 participants9 posts today

Reason To Hate Capitalism #243 - Call it a plutocracy, kleptocracy or oligarchy - it is just Capitalism doing what Capitalism does - the rich having power over the poor - it’s what it was created for, it is a monster than can’t be tamed or reformed #capitalism #anticapitalism

Capitalists: capitalism and democracy are inextricable.

Also capitalists: “US Marine Corps Maj Gen Smedley Darlington Butler claimed he was recruited by a group of Wall Street financiers to lead a fascist coup against FDR and the US government in the summer of 1933 … Members included JP Morgan, Jr, Irénée du Pont, Robert Sterling Clark of the Singer sewing machine fortune, and the chief executives of General Motors, Birds Eye and General Foods.”

theguardian.com/commentisfree/

None of this is new or surprising.

The Guardian · Why is so little known about the 1930s coup attempt against FDR?By Guardian staff reporter

With every day of his own lunacy and idiocy - and clear cognitive collapse - #Trump is getting ever closer to seeing for himself how it's corporations and the wealthy who decide and control what happens in this world, and if you threaten that, they'll happily do anything that's needed to those attempting it, to make sure it stays that way.

And it will not be good for the Left if they do end up 'taking him out', as Leftists will immediately get the blame for doing it by the Right and its media/influencer sphere, as after the 'failed' 'attempts' in 2024.

Analysis: "Autoworkers in U.S., Mexico Call for Solidarity"

"They are always harping on foreigners, foreigners, foreigners. But what about the capitalists?”

We need international solidarity against corporations’ attempts to sow division among exploited workers.

"This nationalistic viewpoint has not been working for us & has resulted in a lot of these layoffs. I want to see us grow together as a working class".

~Sean Crawford

democracynow.org/2025/4/8/uaw_

#awu #tariffs #capitalism #uspol .

Democracy Now! · “What About the Capitalists?”: Autoworkers in U.S., Mexico Call for Solidarity, Not Divisive TariffsBy Democracy Now!

"a seasoned Project Design Specialist, has filed a lawsuit against his former employer, alleging egregious disability discrimination & wrongful termination. The complaint was filed...against Black Diamond Paver Stones & Landscape, Inc... Wheeler claims that he was unjustly terminated while recovering from a work-related injury and after making legally protected complaints about discrimination and retaliation." norcalrecord.com/stories/67076 #Ableism #Capitalism

"The US doesn't have enough qualified tool-and-die makers and other skilled tradespeople to produce the machines that will make the goods that Americans want to buy. New tradespeople can be trained, but acquiring these skilled trades is a process of many years. For the US to reshore its manufacturing, it needs substantial, sustained public investment in capacity-building: loans and grants to train workers and investment in basic research and other non-market goods needed to recover the US manufacturing base.

America should do all that, but if it wants to try, it needs a robust, predictable, orderly system of government to build upon. It needs the kind of reliable and orderly processes that make people feel safe about changing trades and going back to school. It needs imports of goods from overseas that can be used to restart the US manufacturing capacity that can replace those imports.

But in a market like this one, dominated by monopolies who needn't fear the Trump-gutted FTC, DOJ and CFPB; where cartels have captured their regulators; where Doge-style chaos spreads existential terror about the future, tariffs will only raise prices, without any significant re-shoring or capacity building. The Trump tariffs are a gift to giants like Nike, who have the logistics sophistication to exploit loopholes, demand preferential rates from shippers and brokers, and to pass on costs to their customers. Any domestic company that seeks to compete with Nike will not have these advantages. For Nike – and other dominant companies – the Trump tariffs are just another moat, another obstacle which they can hurdle, but which stops smaller competitors dead in their tracks:"

pluralistic.net/2025/04/07/it-

pluralistic.netPluralistic: Tariffs and monopolies (07 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
#USA#Trump#Economy

"British authorities regarded #Ireland’s misfortunes as evidence of the country’s incurable and willful medievalism [...] But as Scanlan is at pains to point out, the famine was in fact the result of forces within high #capitalism that were entirely modern [...] 'an unintended consequence of the increasing integration of global commerce.' "

Review of Padraic X. Scanlan's Rot: An Imperial History of the #IrishFamine

thenation.com/article/world/ir

#GreatFamine #books @bookstodon @histodons @ireland

The Nation · What Caused the Irish Famine?A new book offers a comprehensive and heartbreaking account of the most terrible catastrophe to befall Ireland in the modern era.

Analysis: "Autoworkers in U.S., Mexico Call for Solidarity"

"They are always harping on foreigners, foreigners, foreigners. But what about the capitalists?”

We need international solidarity against corporations’ attempts to sow division among exploited workers.

"This nationalistic viewpoint has not been working for us & has resulted in a lot of these layoffs. I want to see us grow together as a working class".

~Sean Crawford

democracynow.org/2025/4/8/uaw_

#awu #tariffs #capitalism #uspol .

Democracy Now! · “What About the Capitalists?”: Autoworkers in U.S., Mexico Call for Solidarity, Not Divisive TariffsBy Democracy Now!

Excerpts from an essay titled "The Great Energy Transition Myth"...
_______________________________________

Forget everything you thought you knew about energy transitions.

In his new book "More and More and More: An All-Consuming History of Energy," Jean-Baptiste Fressoz dismantles the comforting narrative that humanity has transitioned from one energy source to another. We never really transitioned at all. We just piled on more energy sources to the older ones, intensifying our overall consumption.

Take coal for example. While it became dominant during the 19th century, vast quantities of wood were still needed to support the coal economy – to build mines, railways and infrastructure.

This pattern continues today. Despite the rise of renewable energy sources like wind and solar, global consumption of fossil fuels remains at record highs.

"Transition" has become capitalism’s favourite disguise.
_______________________________________

FULL ESSAY -- theclimatehistorian.substack.c