“El agua vale mas que oro,” or in English “Water is worth more than gold,” a young boy chants along with members of his community in Las Piñitas, Dominican Republic. He was born and raised here, neighboring the largest foreign direct investment project the country has ever seen – the Pueblo Viejo gold mine.
Pueblo Viejo, owned by Canadian companies Barrick Gold Corporation (60 percent)... Read more
In a recent incident in the United States, yet another unarmed man was shot dead by police after opening his front door in response to their knock. The police were going to serve an arrest warrant on a domestic violence suspect – the man’s neighbour – but went to the wrong address. See ‘Police kill innocent man while serving warrant at wrong address’.
For those who follow news in the United... Read more
A UK study published on October 27, 2017 reported that the majority of politicians do not know where money comes from. According to City A.M. (London) :
More than three-quarters of the MPs surveyed incorrectly believed that only the government has the ability to create new money. . . .The Bank of England has previously intervened to point out that most money in the UK begins as a bank loan. In a... Read more
The climate crisis is the ultimate symptom of the extractivist dynamic, and is an entirely new species of crisis that requires our movements to enact an entirely different logic — including entirely different values, morals, assumptions and strategies — if we are to confront it. Confronting climate change means confronting the system and the culture that has caused it, and providing a scalable... Read more
The perspective of social ecology allows us to see that fossil fuels have long been central to the capitalist mythos of perpetual growth. They have driven ever-increasing concentrations of capital in many economic sectors, and advanced both the regimentation and increasing precarity of human labor worldwide. In Fossil Capital, Andreas Malm explains in detail how early British industrialists... Read more