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Showing posts from November 11, 2018

A Blueprint for Linking Trade to Full Employment and Domestic Industrial...

A video of part 2 of this excellent discussion at the bottom of this post.

See part 1 here, and here's a handy playlist of both parts, and here's a recent article by Richard Kozul-Wright, "The Global Economy's Fundamental Weakness."

Here's Wikipedia on The Havana Charter:

In March 1948, the negotiations on the ITO Charter were successfully completed in Havana Charter. The Havana Charter (formally the "Final Act of the United Nations Conference on Trade and Employment") provided for the establishment of the ITO, and set out the basic rules for international trade and other international economic matters. It was signed by 56[5] countries on March 24, 1948. It allowed for international cooperation and rules against anti-competitive business practices.

The Charter, proposed byJohn Maynard Keynes, was to establish the ITO and a financial institution called theInternational Clearing Union(ICU), and an internationalcurrency; thebancor. The Havana Charter insti…

GrendelFella Wants His Breakfast: A Martin Scorsese Picture

DOUG and DONNA are talking quietly in bed at 5 AM one morning. GRENDEL bursts in between them.
GRENDEL [Talking fast with forced bonhomie; out of patience.]: Hey, guys, I’ve been looking all over for you! Doug, Donna: how are ya, how are ya—Merry Christmas—[To DONNA.] Hey, listen, I need my breakfast.
DONNA: Hey, Grendel—relax. OK? Relax. It’s nearly Christmas—relax.
GRENDEL: I’m relaxing: I need my breakfast.

DONNA: Relax!

GRENDEL: I did what I had to do: I need my breakfast.

DONNA walks away in disgust to the living room. GRENDEL turns to DOUG.

DOUG [Trying to reason with GRENDEL.]: Not now, Grendel—
GRENDEL: Listen, I did my snuggling—she owes me. I mean, every other cat in the neighborhood is flashing their empty cans here. Evidently they all got fed, and I’m still bearing the same old hunger. They’re eating this morning! They’re eating! [Moves away from DOUG.] I gotta talk to her. [Storms off; DOUG follows.] DONNA! DONNA!
DOUG catches up with GRENDEL and stops him in the hallway; GREN…

Greenwald on Assange indictment and the ever-hypocritical Democrats

As usual, Greenwald is right; as usual, the Democrats are complete and total hypocrites, fake-Resistors, and helping us hurtle toward fascism. It's irrelevant if Assange is (1) a prick, (2) guilty of some crime, sexual or not, and (3) released real info, not fake news, that hurt Hillary. You're either for a free press or you're an authoritarian:

This reflects the broader irony of the Trump era for Democrats. While they claim out of one side of their mouth to find the Trump administration’s authoritarianism and press freedom attacks so repellent, they use the other side of their mouth to parrot the authoritarian mentality of Jeff Sessions and Mike Pompeo that anyone who published documents harmful to Hillary or which have been deemed “classified” by the U.S. Government ought to go to prison.

[...]


What has changed since that Obama-era consensus? Only one thing: in 2016, WikiLeaks published documents that reflected poorly on Democrats and the Clinton campaign rather than the Bu…

The Corporate Top 1% Control Over 50% of International Trade (Pt 1/2)

Richard Kozul-Wright, who is the lead author of this year's annual Trade and Development Report (TDR) and Director of the Division on Globalization and Development Strategies at UNCTAD (United Nations Conference on Trade and Development): We talk a lot in the report about what the Chicago economist Luigi Zingales calls this “Medici vicious circle,” of this growing interaction between increased economic power and increased political power, and the way in which that has become a self-reinforcing part of a very vicious circle. I think most people recognize that feature increasingly as part of the trend in advanced economies. In one way or another, people associate the rise of what is referred to, probably inappropriately as populist politicians, the “Brexit experience” as somehow linked to the removal of trust from the political system, which is increasingly seen as favoring a smaller and smaller part of the population.  So we know that’s the case in the advanced economies and we’re se…

Amazon's New NYC and DC Headquarters Bilked the Cities

"The contest for Amazon's HQ2 prompted hundreds of cities to put in tax break and subsidy bids. Former financial regulator Bill Black says these deals never pay off for the communities involved."



Brazil's 'Slow Motion Coup' - General Admits Intimidating Court into Imp...

BRIAN MIER:Well, on the eve of the Supreme Court decision which ruled on whether Lula should be imprisoned or not, exceptionally, in a moment when his appeals were still going on, contrary to hundreds of other politicians who remained free and allowed to run for office in similar legal situations. On the eve of that decision he made two threatening tweets to the Supreme Court, reminding them of their duties to not let impunity stand, and using kind of cloaked, threatening language. And then on the most popular news program in Brazil, Journal National on TV Globo, which is one of the most powerful media conglomerates in the world, the nightly newscaster read the tweets over the air in this kind of somber voice as they dimmed the lights at the end of the newscast. So during the Supreme Court ruling the next day it was a split decision. And Rosa Weber, a Supreme Court minister, she announced that she was going to rule against her basic feeling and side with the majority, who was going to …

Once Fired, There’s No Calling a Nuke Back - Daniel Ellsberg on RAI (8/12)

Daniel Ellsberg: "Alerts like that have come at the highest level, that we were being attacked. One, in fact a very convincing one, in 1979, where Zbigniew Brzezinski was awoken at 3:00 in the morning and told that 50 missiles were on the way, and then minutes later that 200 were on the way. That happened a few years later, in the Soviet Union where Stanislav Petrov, a colonel in charge of early warning satellites, learned from his satellites that American missiles were on the way, and he had the job of deciding whether this might be a false alarm. Which it was, but his subordinates all felt, no, this is it. Tell them that we’re under attack. Which would almost surely have led to a Russian preemption, as in our case, and we wouldn’t be here at all. He chose to say it was a false alarm, and then spent ten minutes hoping he had been right. And he was right. He was reprimanded for not following the protocol on this and reporting that there was a high chance that there was an alarm c…

NYU Professor Ruth Ben-Ghiat and Yale Professor Jason Stanley on Trump’s Brand of Authoritarianism

From The Intercept's 31 October "Intercepted" podcast with Jeremy Scahill:


I’m joined now by two scholars of fascism. Ruth Ben-Ghiat is a professor of history and Italian studies at New York University. She’s the author of several books, among them, “Fascist Modernities” and “Italian Fascism’s Empire Cinema.” Her forthcoming book is called “Strongmen: How The Rise, Why They Succeed, How They Fall.” She’s also a columnist for CNN.com. And Jason Stanley is the Jacob Urowsky professor of philosophy at Yale University. Stanley is the author of “Know How,” “Language in Context,” “Knowledge and Practical Interests,” as well as “How Propaganda Works.” His latest book, which was released earlier this year, is “How Fascism Works: The Politics of Us and Them.” Ruth, Jason, welcome both of you to Intercepted. Ruth Ben-Ghiat: Nice to be here. Jason Stanley: Thank you very much. Great to be here. Jeremy Scahill: Jason, I want to begin with you. In your latest book, you talk about how you’…