(4 comments) SHARE Tuesday, October 13, 2020 Part 2: Why the US Can Keep Increasing its Debt and not Suffer Inflation
The US, protecting the dollar as the world's reserve currency, is not subject to the same rules other countries are: it can spend more than it produces, maintain its consumerist lifestyle, by simply printing more dollars. It can use this extra money to gain control of goods and resources, giving them inflation and debt in exchange. These exported dollars often return home through now uncollectible loans as Treasury Bonds.
SHARE Sunday, June 28, 2020 The Wasp Network Highlights our Lack of Freedom to Tell the Truth on the Cuban Five Case
The Netflix film on the Cuban 5: Wasp Network makes clear the US is the aggressor, that Cuba used the Wasp Network to defend itself. It quotes Fidel Castro pointing out "how amazing it was the biggest spy in the world would accuse the most spied upon country in the world of espionage." Yet the film won't educate people on the Cuban Five case, or on the long history of US terrorism against Cuba.
(1 comments) SHARE Monday, December 31, 2018 Is Russia Imperialist?
A look at capitalist Russia today and its place in the world economic system. In this article we look at the degree capitalist Russia today shares in the features outlined by Lenin. We consider the role Russian capitalist monopolies play in the world imperialist system, the nature of Russia's export trade, the export of Russian capital, the world role played by Russian finance capital, and finally Russian military power.