America’s Current Jobs ‘Great Depression’ 

Two well-known and highly respected mainstream economists, Carmen Reinhart, a chief economist for the World Bank, and Vincent Reinhart, chief economist for Morgan Stanley bank, have recently published an article in the widely read and influential capitalist source, Foreign Affairs, entitled ‘The Pandemic Depression’.  Arguing primarily from a global perspective, the economists have concluded the More

Source: America’s Current Jobs ‘Great Depression’ – CounterPunch.org

Lebanon’s corrupt capitalism behind Beirut blast 

An explosion at the Port of Beirut has devastated the city, killing more than 130 people and wounding thousands more. It is an enormous tragedy; a huge blow to a population already reeling from economic, political and health crises. Corruption and incompetence are to blame, but the truth is more pernicious. The Lebanese events are another indictment on the barbaric capitalist system, which cannot meet the most basic needs of the people who are trapped within it.

Source: Lebanon’s corrupt capitalism behind Beirut blast | Red Flag

Capitalism, the Climate Crisis, and Ecosocialist Solutions | System Change Not Climate Change

The climate crisis is the greatest threat humanity has ever faced. At the current rate of greenhouse gas emissions, we are headed for 4°C to 7°C of warming above pre-industrial global averages within the lifetimes of young people. Temperature increases in this range would lead to a hothouse planet with devastating extreme weather events, and make most if not all of our planet

Source: Capitalism, the Climate Crisis, and Ecosocialist Solutions | System Change Not Climate Change