Wolf claims that this war is a battle between the forces of ‘democracy’ (as represented by NATO) and the forces of ‘autocracy’ (as represented by Russia and China). This is nonsense – where does NATO ally Saudi Arabia, or the military dictatorship in Egypt, or the autocracy of NATO member Turkey, fit into this categorisation? Instead, the Russia-Ukraine conflict has exposed the increasing contradictions in the world capitalist economy between the imperialist powers on the one hand and those countries which try to resist the policies and will of imperialism.
IMF chief Georgieva pronounced that “We live in a more shock-prone world.” Yes, the shocks have been coming thick and fast in the 21st century. Georgieva continued: “And we need the strength of the collective to deal with shocks to come.” Indeed! But it is not the collective will of the capitalist powers that can deal with these shocks: they have failed over climate change; over preventing and stopping the COVID pandemic; and over ending poverty and keeping world peace. Instead, all will depend on the collective will of organised working people
https://thenextrecession.wordpress.com/2022/03/20/ukraine-russia-like-an-earthquake/
IMF chief Georgieva pronounced that “We live in a more shock-prone world.” Yes, the shocks have been coming thick and fast in the 21st century. Georgieva continued: “And we need the strength of the collective to deal with shocks to come.” Indeed! But it is not the collective will of the capitalist powers that can deal with these shocks: they have failed over climate change; over preventing and stopping the COVID pandemic; and over ending poverty and keeping world peace. Instead, all will depend on the collective will of organised working people
https://thenextrecession.wordpress.com/2022/03/20/ukraine-russia-like-an-earthquake/
Michael Roberts Blog
Ukraine-Russia: like an earthquake
“The war in Ukraine is like a powerful earthquake that will have ripple effects throughout the global economy, especially in poor countries”. That’s how IMF chief Kristalina Georgieva described th…
"We experience class shame when we internalise social situations, and defeats, over which we have little control. But just at the point where we have least control, it’s important to our self-respect, and our hope for the future, to claim some sliver of responsibility. The modern version of the self-help ethos can appeal to the poor precisely because it operates on this emotional contradiction. It is exemplary of what the American cultural theorist Lauren Berlant called “cruel optimism”. It makes people believe that anyone can achieve anything they want if they work hard enough. But that belief, because it is a fantasy, actively impedes the goal of personal flourishing that makes the fantasy appealing.
Let’s consider the fantasy more closely. Today’s self-help mantra, as Jen Sincero, author of You Are a Badass (2013) puts it, is that “if you want something badly enough, and decide that you will get it, you will”. This is a fantasy of infinitude, of a world overflowing with abundant wealth and opportunity for everyone. No one need clean, serve hot food, work tills, drive forklift trucks, enter data or deliver mail if they don’t want to. Everyone can be a millionaire “influencer” or CEO. No one is fundamentally limited by the gifts, or disabilities, that they were born with, let alone by being born into a particular class, city or culture. There is nothing put wrong by brute luck that can’t be put right by dedication."
https://www.newstatesman.com/ideas/2022/02/the-cruelties-of-self-help-culture
Let’s consider the fantasy more closely. Today’s self-help mantra, as Jen Sincero, author of You Are a Badass (2013) puts it, is that “if you want something badly enough, and decide that you will get it, you will”. This is a fantasy of infinitude, of a world overflowing with abundant wealth and opportunity for everyone. No one need clean, serve hot food, work tills, drive forklift trucks, enter data or deliver mail if they don’t want to. Everyone can be a millionaire “influencer” or CEO. No one is fundamentally limited by the gifts, or disabilities, that they were born with, let alone by being born into a particular class, city or culture. There is nothing put wrong by brute luck that can’t be put right by dedication."
https://www.newstatesman.com/ideas/2022/02/the-cruelties-of-self-help-culture
New Statesman
The cruelties of self-help culture
The belief that hard work leads to success and personal fulfilment is a dangerous fantasy.
"Dr. Kaitlyn Henderson, a senior research adviser with Oxfam America’s U.S. Domestic Policy Program, who authored the report, told me in an interview that “it is shocking, especially considering that this is the highest [that] inflation has been in four decades.”
Even those making $15 an hour earn barely enough to get by. The supposedly high upper limit “breaks down to $31,200 a year—before taxes,” explained Henderson. This means they “have a harder time keeping a roof over their head and food on the table. This is not enough for an individual to live [on], much less a working family.”
If this crisis is not apparent to the public, we can thank institutions like CEI that spread nonsense about wages “naturally” rising, and the corporate media’s near-exclusive focus on the number of jobs over the quality of jobs and pay. Media outlets routinely obscure the catastrophe of low wages each month when the Labor Department’s jobs report generates stories that focus on employment numbers and little else."
"CBPP backs myriad basic federal policies to fix this problem, including paid leave and federal funding for child care and home health care. Similarly, Oxfam America backs straightforward solutions such as federal funding boosts as well as the passage of the Raise the Wage Act, which would gradually raise the federal minimum wage from $7.25 an hour to $15 an hour—hardly a big ask 10 years after the Fight for Fifteen movement, and already inadequate to meet working people’s needs.
The problem of low wages in the U.S. ought to shock us, in spite of the pro-corporate optimism about the economy and the media’s refusal to amplify the problem. The solutions are obvious, easy, and hardly radical."
https://independentmediainstitute.org/publisher-portal/?article_id=9873
Even those making $15 an hour earn barely enough to get by. The supposedly high upper limit “breaks down to $31,200 a year—before taxes,” explained Henderson. This means they “have a harder time keeping a roof over their head and food on the table. This is not enough for an individual to live [on], much less a working family.”
If this crisis is not apparent to the public, we can thank institutions like CEI that spread nonsense about wages “naturally” rising, and the corporate media’s near-exclusive focus on the number of jobs over the quality of jobs and pay. Media outlets routinely obscure the catastrophe of low wages each month when the Labor Department’s jobs report generates stories that focus on employment numbers and little else."
"CBPP backs myriad basic federal policies to fix this problem, including paid leave and federal funding for child care and home health care. Similarly, Oxfam America backs straightforward solutions such as federal funding boosts as well as the passage of the Raise the Wage Act, which would gradually raise the federal minimum wage from $7.25 an hour to $15 an hour—hardly a big ask 10 years after the Fight for Fifteen movement, and already inadequate to meet working people’s needs.
The problem of low wages in the U.S. ought to shock us, in spite of the pro-corporate optimism about the economy and the media’s refusal to amplify the problem. The solutions are obvious, easy, and hardly radical."
https://independentmediainstitute.org/publisher-portal/?article_id=9873
With these, I've finished sending the Made In China issues published so far. The next one will be sent in probably a few months