GST Original Articles

By Martin Donohoe / 25 April 2018
Introduction Conservative economist Milton Friedman once said, “The [only] social responsibility of business is to increase its profits.” Noam Chomsky was more blunt. He stated, “Corporations [have] no moral conscience. [They] are designed by law to be concerned only for their stockholders, and not…their stakeholders, like the community or the work force.” This essay will focus on the work force. I will address wages, benefits, sick leave, retirement savings and wealth... Read more
By Ellen Brown / 23 April 2018
Ellen Brown http://EllenBrown.com April 22, 2018 The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”? On March 31st the Federal Reserve raised its benchmark interest rate for the sixth time in 3 years and signaled its intention to raise rates twice more in 2018, aiming for a fed funds target of 3.5% by 2020. LIBOR... Read more
By R. Burke / 22 April 2018
What exactly is the legacy of the 1917 Russian Revolution for socialists today? Over the past century much of the discussion has been dominated by two tendencies. For Marxist–Leninists the Russian Revolution was the guiding light leading humanity onward to socialism. For Anarchists and Social-Democrats Russia in 1917 seemed to offer a model of how not to engage in a socialist revolution. What would a more nuanced and historically based investigation reveal to us? Would the picture be as sharply... Read more
By Stan Cox / 17 April 2018
Confronting the global ecological emergency will require a mobilization far more ambitious than any actions now being considered by governments or international bodies. In response, several of the people and groups urging much more drastic action here in America have been saying that it needs to happen on the scale of the country’s mobilization for World War II 75 years ago. One of the most prominent invocations of the World War II model was a 2016 call to arms by Bill McKibben in The New... Read more

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More Reading Recommended by GST

By Spenser Rapone / 11 July 2018
An essay on a classic of Marxist philosophy. Unfortunately much of the World-Left has neglected to learn its' lessons.
By Jim Scheff / 07 July 2018
A few weeks ago, my wife and I were backpacking on the Sheltowee Trace National Recreation Trail along Rock Creek in McCreary County when we came across a fellow hiker who’d traveled from Indiana to hike Kentucky’s long trail. After some talk of footwear choices and blisters, she remarked on the astounding beauty of the place. “We don’t have anything like this,” she said.
Read more here:... Read more
By Chantal Mouffe / 06 July 2018
Chantal Mouffe argues that Jeremy Corbyn represents the success of left populism. 
By Ellen Brown / 05 July 2018
There is serious consideration of establishing a State Bank in California--the fifth largest economy in the world--to enable the state bank to both serve their population and add income to the state's budget.  Interestingly, this is being advocated by leading politicians in the state, people who have serious popular support.
By Chris Wright / 05 July 2018
I often have occasion to think that, as an “intellectual,” I’m very lucky to be alive at this time in history, at the end of the long evolution from Herodotus and the pre-Socratic philosophers to Chomsky and modern science. One reason for my gratitude is simply that, as I wrote long ago in a moment of youthful idealism, “the past is a kaleidoscope of cultural achievements, or rather a cornucopian... Read more
By Ned Rozell / 04 July 2018
Thawing permafrost is a slow-motion disaster happening now in most of northern Alaska. Unlike a hurricane or a flood, the loss of permafrost is silent, rarely dramatic, and never fatal.
By Nathanael Johnson / 04 July 2018
The low boreal forest that spans the border between Alaska and Canada is the home of the Gwich’in people. There are some 6,000 Gwich’in, hunting and raising their children in villages at the edge of the Arctic Circle. They’ve been there for thousands of years, following the caribou, which provide a majority of their diet, even today. Bernadette Demientieff, executive director of the Gwich’in... Read more

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