Green Social Thought

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Topic: Labor / Economics

  • Economics 101 and Ecological Collapse

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    by

    henryr874

    Today’s economics, especially Economics 101, is a major source of humankind’s denial of the possibility of the calamity of all calamities, which our economy is engineering. Annually, millions of students around the world are forced to study textbooks that indoctrinate them into thinking that there is no significant causal connection between our economy and the…

  • The Bankers’ “Power Revolution”: How the Government Got Shackled by Debt

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    by

    rsburke
    in

    This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1. The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019. The debt is never paid off. The government…

  • The Origins of Venezuela’s Economic Crisis

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    by

    fitzdon

    Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say that US sanctions and economic war are to blame for the crisis. Greg Wilpert presents an analysis that tries to take all the factors into account

  • Fun Fictions in Economics

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    by

    fitzdon

    Economists pride themselves on being the serious social science, the one most deserving of status as an actual science. I will let others make the comparative assessment, but there is an awful lot of nonsense that passes as serious analysis within economics.

  • Thousands of workers at US factories in Mexico are striking for higher wages

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    by

    fitzdon

    Dozens of Coca-Cola workers are camping out at a major bottling plant until they get a raise. More than 8,000 Walmart employees were prepared to walk off the job, until management met some of their demands. And 30,000 striking factory workers have finally returned to work after a month-long strike. Workers are organizing at unprecedented…

  • A Labor Spring for Mexico’s Maquilas?

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    by

    fitzdon

    The streets of Matamoros’s Ciudad Industrial were alive with activity. The northeastern border city sits on the banks of the Rio Grande, directly across from Brownsville, Texas. Outside the gates of dozens of maquiladora factories arranged in grid-like fashion in this industrial zone, workers crowded in front of white banners with the numbers “20/32” scrawled…

  • Financial Imperialism: the Case of Venezuela

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    by

    fitzdon

    The US Neocon-led strategy is increasingly clear: establish a ‘beach-head’ on the Colombian-Venezuelan (and Venezuelan-Brazilian) border under the guise of providing humanitarian aid. Use the aid to get Venezuelans on the border to welcome the US proxy forces to cross over. Set up political and military structures thereafter just inside the Venezuelan borders with Colombia…

  • The Seattle General Strike: a 100-Year Legacy

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    by

    fitzdon

    At 10 am, February 6, 1919, Seattle’s workers struck, all of them. In doing so they literally took control of the city. The strike was in support of shipyard workers, some 35,000, then in conflict with the city’s shipyards owners and the federal government’s US Shipping Board, the latter still enforcing wartime wage agreements. Seattle’s…

  • Interview: Chilean Dockworkers Organize Month-Long Strike and Face Down Police in Rooftop Standoff

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    by

    fitzdon

    Casual dockworkers in the Port of Valparaíso, one of the largest ports in Chile, in December ended a 36-day strike. The majority of Chile’s fruit exports pass through this port. The strike came at the beginning of summer in the southern hemisphere—the height of the season for fruit, one of the biggest export industries in…

  • A Green New Deal Must Not Be Tied to Economic Growth

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    by

    rsburke

    The Green New Deal narrative risks reproducing the hegemonic ideology of capitalist growth, which has created the problem of climate change in the first place.