Capitalism

The Unjustifiable Destruction of the Environment

Can the capitalist society avoid it? News about this issue are far from encouraging. The project to be submitted for approval on December next year in Copenhagen, where the new Convention that will replace Kyoto’s will be discussed and approved, is being currently analyzed at Poznan.… | more |

The Great Crisis of the 1930s

Although it may sound simple, it is a very difficult subject to explain. The U.S. Federal Reserve system, resulting from a fully developing capitalism, was established in 1913. Salvador Allende, a man we remember as someone of our times, was already 15 years old.… | more |

more on: 

The Worst Choice

Today, I read that the US Federal Reserve had opened a new line of credit for the Central Banks of Mexico, Brazil, South Korea and Singapore.… | more |

more on: 

Economic Illiteracy

In Zulia, Chavez made reference to “comrade Sarkozy,” and did so with a certain irony but he meant no offense. On the contrary, he was rather recognizing the sincerity of the president when he spoke in Beijing in his capacity as chairman of the European Community.… | more |

more on: 

The Democratic Socialism

I did not want to write a third consecutive reflection, but I can not leave that for Monday.… | more |

There is one accurate response to Bush’s “democratic capitalism”: Chavez’s democratic socialism. There wouldn’t be a more accurate way to express the big contradiction that exists between North and South in our hemisphere, between the ideas of Bolivar and those of Monroe.… | more |

The financial Ike

Today’s afternoon news wastes nothing:… | more |

“Bush cancelled all his activities. He intended to travel to Alabama and Florida to participate in campaign fundraising events.”… | more |

more on: ,

Cannon fodder for the market

Perhaps some governments are unaware of the concrete facts, and so for that reason Raúl’s message setting Cuba’s position seemed to us to be very timely. I shall be generous in the aspects that cannot be dealt with in a brief and precise official statement.… | more |

more on: ,

The two Koreas – Part 2

On October 19, 1950, more than 400 thousand voluntary Chinese combatants, on orders from Mao Zedong, crossed the Yalu and waylaid the US troops that were advancing towards the Chinese border. The US units, surprised by the vigorous response of the country they had underestimated, were forced to withdraw towards a region near the southern coast, pushed back by the joint action of the Chinese and North Korean forces. Stalin, who was immensely cautious, offered far less support than Mao had anticipated, though the MiG-15 aircrafts piloted by the Soviets, over a limited 42.5-miles front, proved valuable help during the initial stage of the conflict in protecting land forces during their intrepid advance.… | more |