In October 2016, the Sveriges Riksbank (Swedish Central Bank) Prize in Economic Sciences in Memory of Alfred Nobel—commonly but incorrectly called the Nobel Prize in Economics—was awarded to two European-born, U.S.-based economists, Oliver Hart and Bengt Holmström, for their work on contracts related to executive pay. Hart and Holmström were lauded for having theorized what was thought to be the optimal mix of risk and incentives in pay packages for corporate executives, thereby determining the appropriate combination of basic salary, bonuses, and share options. In other words, they received the Riksbank Nobel Memorial Prize for their efforts to rationalize the exorbitant paychecks of CEOs and other corporate leaders—a direct service to big business. | more…
Since announcing its foreign policy “pivot to Asia” shortly after the election of Barack Obama, the United States has made extensive use of its institutional and discursive power to encourage denationalization among developing countries whose economies chiefly rely on manufacturing and trade—part of its global strategic goal of expanding the hegemony of finance capital at the lowest possible cost. The development of the Trans-Pacific Partnership (TTP) is a case in point. This article analyzes the TPP’s strategy in targeting China, pointing out that the TPP is a battle for the terms of economic development and discourse in the twenty-first century, as well as an illustration of the ideology of technocracy and soft power. Lastly, we criticize the TPP’s erosion of economic sovereignty, which would effectively relegate the economies of developing countries to a form of semi-colonial extraterritoriality. | more…
In early 1970, Vice President Spiro Agnew had this to say about the so-called ’60s Generation: “As for these deserters, malcontents, radicals, incendiaries, the civil and the uncivil disobedients among our youth, SDS, PLP, Weathermen I and Weathermen II, the revolutionary action movement, the Black United Front, Yippies, Hippies, Yahoos, Black Panthers, Lions, and Tigers alike—I would swap the whole damn zoo for a single platoon of the kind of young Americans I saw in Vietnam.” This is a fascinating statement for multiple reasons and on multiple levels. To begin with, a single platoon of the kind of young Americans he saw in Vietnam went into a village we remember as My Lai and murdered 407 unarmed men, women, and children. On the same day, in the nearby village of My Khe, another unit of the same division murdered an estimated 97 additional Vietnamese civilians. While I personally did not participate in or witness killing on that scale, I and my fellow Marines routinely killed, maimed, and abused Vietnamese on a near-daily basis, destroying homes, fields, crops, and livestock with every weapon available to us, from rifles and grenades to heavy artillery and napalm.… It is no wonder, it turns out, that Agnew should be so fond of “the kind of young Americans” he saw in Vietnam, since he himself turned out to be a criminal who was forced to resign from his office in public disgrace. | more…
The Vietnam War was an example of imperial aggression.… Imperialism ultimately enriches the home country’s dominant class. The process involves “unspeakable repression and state terror,” and must rely repeatedly “upon armed coercion and repression.” The ultimate aim of modern U.S. imperialism is “to make the world safe” for multinational corporations.… U.S. imperial actions in Vietnam and elsewhere are often described as reflecting “national interests,” “national security,” or “national defense.” Endless U.S. wars and regime changes, however, actually represent the class interests of the powerful who own and govern the country. Noam Chomsky argues that if one wishes to understand imperial wars, therefore, “it is a good idea to begin by investigating the domestic social structure. Who sets foreign policy? What interest do these people represent? What is the domestic source of their power?” | more…
Margaret Randall, Haydée Santamaría, Cuban Revolutionary: She Led by Transgression (Durham, NC: Duke University Press, 2015), 248 pages, $23.95, paperback.
In the early 1950s, Haydée Santamaría Cuadrado moved from a rural Cuban sugar plantation to Havana, to live with her younger brother Abel. Together, they would help to establish a revolutionary movement that would change the history of their country. Haydée, as she is known throughout Cuba—Yeyé to her friends—was one of only two women among 160 men who took part in attacks on Batista’s army barracks at Moncada and Bayamo on July 26, 1953, which sparked the Cuban Revolution.… In her recent book, poet and scholar Margaret Randall, who lived in Cuba in the 1970s and became friends with Haydée, has captured the essence of this exemplary woman. | more…
U.S. presidential elections, if nothing else, throw considerable light on the ideology and imperatives of the system. This is particularly the case with respect to imperialism, where one sees signs of a declining and increasingly desperate U.S. empire. Hillary Clinton has been calling for a no-fly zone in Syria (which would include Russian planes!), thereby threatening a confrontation with Russia on a level not seen since the Cuban Missile Crisis.… Trump, for his part, while appearing to suggest a kind of détente with Russia, is ready to intervene directly and massively in Iraq against the Islamic State (ISIS, ISIL, Daesh), including the use of ground troops. He supports the extension of torture and the slaughter of whole families of suspected terrorists. He claims that he would raise Israel from being a second-level power…. In short, the presidential nominees for the two major political parties are each posturing over who is the most aggressive and bellicose upholder of U.S. militarism and imperialism—and in ways that threaten further escalation of war in the Middle East and in opposition to Russia. | more…
On August 29, in a historic moment in the history of the planet, the 35-member Anthropocene Working Group (AWG) reported to the International Geological Congress that the Anthropocene epoch in geological history is “stratigraphically real” and should be dated as arising around 1950, displacing the Holocene epoch of the last 12,000 years. The AWG has yet to arrive at a formal decision that would adopt a definite global “signal” (though ten of the thirty-five members currently support using fallout radionuclides from atomic weapons testing as the signal), which would be followed by the designation of a “golden spike” or actual location in the rock, sediment, or ice strata. Yet the general parameters of the onset of the new epoch are clear.… As Colin Waters, secretary of the AWG, explained: “Being able to pinpoint an interval of time is saying something about how we have had an incredible impact on the environment of our planet. The concept of the Anthropocene manages to pull all these ideas of environmental change together.” Most importantly, it tells us that the world economy has generated an anthropogenic rift in the Earth system threatening millions of species, including our own, requiring fundamental changes in the way in which society relates to the earth through production. | more…
Often the best way to begin to understand something is to consider what it is not. Socialism for the twenty-first century is not a society in which people sell their ability to work and are directed from above by others whose goal is profits rather than the satisfaction of human needs. It is not a society where the owners of the means of production benefit by dividing workers and communities in order to drive down wages and intensify work…. Nor is it a statist society where decisions are top-down and where all initiative is the property of state office-holders or cadres of self-reproducing vanguards.… Also, socialism for the twenty-first century is not populism.… Further, socialism for the twenty-first century is not totalitarianism.… [S]ocialism for the twenty-first century does not dictate personal belief…. Nor does socialism for the twenty-first century worship technology and productive forces…. Finally, contrary to its self-proclaimed inventor (Heinz Dieterich), socialism for the twenty-first century is not “essentially a problem of informatic complexity” that requires cybernetic calculation of quantities of concrete labor as the basis for an exchange of equivalents.&hellp; So, let us explain what socialism for the twenty-first century is. | more…
A long and deep legacy of white supremacy has always arrested the development of US democracy. We either hit it head on, or it comes back to haunt us…. I have deep empathy for brothers and sisters who are shot in the police force. I also have profound empathy for people of color who are shot by the police. I have always believed deliberate killing to be a crime against humanity. Yet, Obama didn’t go to Baton Rouge. He didn’t go to Minneapolis. He flew over their heads to go to Dallas. You can’t do that. His fundamental concern was to speak to the police, that was his priority. When he references the Black Lives Matter movement, it’s to speak to the police. But the people who are struggling have a different perspective….
In late April 2016, at a town hall-style event in London, President Obama complained about the rising movement against the state-sanctioned murder of black people often referred to as Black Lives Matter. Activists, he admonished, should “stop yelling” and instead push for incremental change through the official “process.”… The spectacle of the first black president scolding black activists in the context of a rising rate of police murder (as of this writing, the police have killed 630 individuals, at least 155 of them black, nationwide in 2016) speaks volumes about the state of black politics today.… For those trying to understand the emergence of a new black movement—or, perhaps more accurately, a new phase of a longer, older movement—on the watch of the first black president, Keeanga-Yamahtta Taylor’s new book, From #BlackLivesMatter to Black Liberation is an essential starting point. | more…
Contemporary North Americans hunt wildlife for a variety of reasons, whether to attain game meat, spend time with family and friends, or take part in a form of outdoor recreation. My focus here will be on…trophy hunting…[—]killing wildlife to enhance one’s status by appropriating the body parts of dead animals for display as trophies, ostensible evidence of hunting skills.… In the United States, trophy hunting organizations, such as Safari Club International and Sportsmen for Fish and Wildlife, claim to promote and defend two allegedly deeply rooted Western traditions: The popular practice of “common people” hunting, and the role that hunters and hunting organizations have played in protecting wilderness and wildlife.… These claims perpetuate a mythologized version of the history of Euro-American hunting. Contrary to their image as “true conservationists,” many trophy hunting organizations have promoted policies and activities with adverse social consequences, contributing to the environmental degradation they claim to oppose. | more…
Marge Piercy is the author of nineteen books of poetry, most recently Made in Detroit (Knopf, 2015). Her first short story collection, The Cost of Lunch, Etc., was published in 2014 by PM Press. | more…
