JUSTIN PODUR – Currency systems reflect power relations in the world: they don’t change them. The Anglo gold standard and the American dollar standard reflected imperial monopoly power for centuries. In a multipolar world, however, we should expect more diverse arrangements.
Tag: trade
Looking Beneath the Sabre-Rattling: U.S. Interests in Taiwan
VIJAY PRASHAD – Jared M. McKinney and Peter Harris, in s widely circulated paper from the U.S. Army War College, published in November, 2021, wrote, “The United States and Taiwan should lay plans for a targeted scorched-earth strategy that would render Taiwan not just unattractive if ever seized by force, but positively costly to maintain. This could be done effectively by threatening to destroy facilities belonging to the Taiwan Semiconductor Manufacturing Company, While Taiwan’s minister of defense Chiu Kuo-cheng responded to Moulton’s statement about a military strike on TSMC, in fact, the U.S. government has already attacked the ability of this Taiwanese company to remain in Taiwan.
Cuba Is Not a State Sponsor of Terrorism
NOAM CHOMSKY and VIJAY PRASHAD – For two years, the Biden administration has maintained Trump’s vindictive policy, one that punishes Cuba not for terrorism but for the promotion of peace. But Biden can remove Cuba from this list with a stroke of his pen.
The Renewable Energy Transition Is Failing
RICHARD HEINBERG – We need a realistic plan for energy descent, instead of foolish dreams of eternal consumer abundance by means other than fossil fuels. Currently, politically rooted insistence on continued economic growth is discouraging truth-telling and serious planning for how to live well with less.
The People’s Summit for Democracy Offers a Progressive Vision to Counter U.S. Dominance in the Americas
SHEILA XAIO and MANOLO DE LOS SANTOS – For the Americas, which are on the cusp of transformative times, the age of the Monroe Doctrine is over.
Europe Is Sleepwalking Into Another World War
BOAVENTURA DE SOUSA SANTOS – More than 100 years after World War I, Europe’s leaders are sleepwalking toward a new all-out war. In 1914, the European governments believed that the war would last three weeks; it lasted four years and resulted in more than 20 million deaths. The same nonchalance is visible with the war in Ukraine.
Don’t Blame Government Benefits for Inflation—Blame the Modern Economy
SONALI KOLHATKAR – A better takeaway from our current economic situation is that there is nothing natural about being at the mercy and whims of an economy designed by corporate profiteers for corporate profiteers.
Obama Touts Transparency but Negotiates Secret Trade Deal
LORI WALLACH – On Sept. 6, as President Barack Obama promised jobs and transparency in his Democratic National Convention acceptance speech, his top trade officials were cloistered in conditions of extreme secrecy at the Lansdowne resort in Leesburg, Va., negotiating a massive “trade†agreement that will promote more U.S. job offshoring and ban Buy American procurement preferences.
The Anti-War Roots of Mothers’ Day
GARY G. KOHLS – Julia Ward Howe, author of the Mother’s Day Proclamation of 1870 was a life-long abolitionist and therefore, early on, she was a supporter of the Union Army’s anti-slavery rationale for going to war to prevent the pro-slavery politicians and industrialists in the Confederate South from seceding from the union over the slavery issue.