Capitalism & Crisis

Everything on global finance and the world economy.

Cop Watch: protecting neighborhoods from the police

by Jelle Bruinsma on August 29, 2015

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To protect their neighborhoods against police violence, Cop Watch groups in the U.S. patrol and document police activity, hoping to abate the harassment.

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Post image for Puerto Rico: a US debt colony hounded by hedge funds

Why was Puerto Rico allowed to default while Greece was not? Just follow the money: the default was on the poor, while US hedge funds profit once more.

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Murray Bookchin and the Kurdish resistance

by Joris Leverink on August 9, 2015

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Bookchin’s municipalist ideas, once rejected by communists and anarchists alike, have now come to inspire the Kurdish quest for democratic autonomy.

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The PAH: defending the right to housing in Spain

by Timothy Ginty on July 23, 2015

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In Spain, where the government bails out banks, the Platform for People Affected by Mortgages (PAH) bails out families and defends their right to housing.

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Post image for The problem with center-left critiques of neoliberalism

The Polanyian preoccupation with the social limits to the expansion of the market is really just a distraction from our own investment in the status quo.

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Post image for Greece’s capitulation reveals deep conflicts within Eurozone

Rather than resolving the euro crisis, Tsipras’ unexpected U-turn has revealed deep conflicts among the creditors, who now fight over how to respond.

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Post image for Greece should reject the Eurozone’s latest ultimatum

Just two days after Greek voters rejected their creditors’ ultimatum, Tsipras is given another one. It’s time to follow the people’s lead and say NO.

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Post image for Greece’s resounding OXI shakes Europe to the core

The outcome of Sunday’s historic referendum marks a historic victory for people power — but with euro exit looming, Greece’s future remains wide open.

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Post image for Our responsibility to vote ‘NO’ in the Greek referendum

A yes vote would entail a major setback for popular struggles; a NO vote, by contrast, would open up radical new horizons for the grassroots movement.

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Post image for It was the creditors who pushed Greece over the edge

If they had truly cared, the creditors could have easily prevented a default. Sadly, they found it more important to punish Greece and set an example.

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