How the ‘Monster’ Permian Texas Oil Field Made the US a Lone Star in the World Market

Header image: The Permian Extinction—When Life Nearly Came to an End by Clifford Krauss   NYTimes Feb 3, 2019 MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even thrived: the Permian Basin, straddling Texas and New Mexico. A … Continue reading How the ‘Monster’ Permian Texas Oil Field Made the US a Lone Star in the World Market

A Green New Deal is Not Too Expensive, Doing Nothing Is

by David Atkins Washington Monthly Feb 17, 2019 When the Japanese attacked American forces on Pearl Harbor in 1941, America responded with a historic mobilization of physical and economic resources to overcome the threat of global fascism. In addition to over 400,000 American dead, the United States spent over $4 trillion in today’s dollars and reoriented entire … Continue reading A Green New Deal is Not Too Expensive, Doing Nothing Is

How a failing capitalist system is allowing Amazon to cripple America

Capitalism is failing in America, and Amazon is both the cause and beneficiary of much of the breakdown. Jeff Bezos said, “We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.” He might have added three capitalist practices … Continue reading How a failing capitalist system is allowing Amazon to cripple America

Pelosi Sabotages Medicare For All While Corporate Media Pretend Not to Notice

Nancy Pelosi is actively working to discredit and sideline the most popular domestic political proposal of the century. The plutocrat-owned press is protecting Pelosi from extreme embarrassment by ignoring the issue. by Glenn Ford Black Agenda Report Feb 15, 2019 When the top Democrat secretly plots to subvert a proposal supported by the vast majority … Continue reading Pelosi Sabotages Medicare For All While Corporate Media Pretend Not to Notice

The Green New Deal: Doubling Down on Failure and Distracting US from This Core Problem

by Rainer Shea Revolution Dispatch As the world is being pummeled by social and environmental crises, civilization is becoming starkly divided between a comfortable upper class and a massive underclass of disposable people. This is the consequence of creating a society where the vast majority of the resources are controlled by the rich. For just … Continue reading The Green New Deal: Doubling Down on Failure and Distracting US from This Core Problem

Fight Chaos with CHAOS: How Flight Attendants Grounded Trump’s Shutdown

Sara Nelson, the flight attendants union leader whose strike threat helped end the government shutdown, speaks to Jacobin. “There are no labor rights without the right to strike.” LIZA FEATHERSTONE interviews Sara Nelson Jacobin Feb 2, 2019 Andrew Caballero Reynolds / Getty Our winter issue will be out soon. Print subscriptions are $10 off if you follow this … Continue reading Fight Chaos with CHAOS: How Flight Attendants Grounded Trump’s Shutdown

The Truth about Venzuela: Isn’t it Always about the Oil?

Saker interview with Michael Hudson on Venezuela, February 7, 2019 Introduction: There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and policies were crucial for the people of Venezuela or whether they were completely misguided and precipitated the current crises.  Anybody … Continue reading The Truth about Venzuela: Isn’t it Always about the Oil?