ANTI-CORPORATISM

When it comes to US liberals, Jimmy Dore is the best of the lot—by far—says The Finnish Bolshevik, and we agree. Although Jimmy is still traveling left and is not yet what we might call a “formulated Marxist”, his intelligence, personal integrity and decency propel him to seek and finds real solution to the world’s problems. We only hope that Jimmy will avoid the pitfalls of social democracy, the somewhat misleading influence of people he may at this point admire, and finally escape completely from the clutches of liberalism. Here’s The Finnish Bolsehvik’s enlightening evaluation.

PEPE ESCOBAR—Young generations, especially, must be made aware that during the Cold War, any organization fighting for the freedom of the oppressed in the developing world was dubbed “terrorist”; that was the Cold War version of the “war on terror”. Only at the end of the 20th century was the fight against apartheid accepted as a supreme moral cause; and Mandela, of course, rightfully became the universal face of the cause.

It’s easy to forget that conservative messiah Ronald Reagan – who enthusiastically hailed the precursors of al-Qaeda as “freedom fighters” – fiercely opposed the Comprehensive Anti-Apartheid Act because, what else, the African National Congress (ANC) was considered a “terrorist organization” (on top of Washington branding the ANC as “communists”).

During his announcement on Saturday Vargas said, “I’m here in my capacity as the head of Ecuador’s Indigenous movement…Mr. Andrés, or President as they are already calling you, we’re all in agreement on this, your proposals have the full support of the Indigenous movement,” reported People’s Dispatch.
Thanking Vargas, Arauz said, “We are building national unity and putting Ecuador first. We must work towards the plurinational state, truth, justice and reparations.” (Ecuador’s constitution proclaims the country a plurinational state and recognizes fourteen Indigenous nations within Ecuador.)
In endorsing Arauz, Vargas broke with a decision CONAIE made at a recent meeting to advocate a null vote in the Presidential runoff, (Ecuadorian voters have the option to vote for none of the above.)

MICHAEL HUDSON—If China had been crazy enough to have student loans and leave its graduates impoverished instead of providing free universities, China’s central bank could simply write off the student loans. No investors would lose, because the banks are owned by the government. Its position is, “If you’re a factory, we don’t want you to have to close down and unemploy your labor. We’ll just write down the debt. And if your employees are having a really hard time, we’ll just write down their debts, so that they can spend their money on goods and services to help expand our internal market.”

America’s banks are owned by the stockholders and bondholders, who would never let Chase Manhattan or Citibank or Wells Fargo just forgive their various categories of loans. That’s why public banking is so much more efficient from an economy-wide level than private banks. It’s why banking should be a public utility, not privatized.

THE EDITOR—We hope our readers will help us disseminate this article as widely as possible. The reason is obvious: associate editor Bruce Lerro has built here a powerful instrument to approach and persuade tens of millions of people still very much stuck in a completely useless and self-defeating fake liberalism represented by the Democratic Party. These people, many of whom have grown accustomed to following the abominable misleadership of the DNC cabals—the Pelosis, the Clintons, the Adam Schiffs, the Schumers, and their hacks, and the numerous virtue-signalling politicos allied with Wall Street and the Military Intelligence/Media/Academia complex , all sporting the right identity credentials and not much else—are not only wasting their time and betraying their own self-interest, financial and ideological, they are humanity’s biggest obstacle to a genuinely progressive politics capable of rescuing America and the world from the profoundly anti-democratic death cult of neoliberal imperialism.