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Imperial Hubris Redefined
Imperial Hubris Redefined There have been two developments in the past month that illustrate clearly what is wrong with the White House’s perception of America’s place in the world. Going far beyond the oft-repeated nonsense that the United States is somehow the “leader of the free world,” the Trump Administration has taken several positions that […]
Leaked Chinese Memo Warns Of “Thucydides Trap” With US, “War Is Unavoidable”
Leaked Chinese Memo Warns Of “Thucydides Trap” With US, “War Is Unavoidable” A series of leaked internal documents reveal that China’s military reforms are aimed at allowing Beijing to “manage a crisis, contain a conflict, win a war” and overtake the United States in military strength, according to the Express. The leaked documents were published by […]
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports Whether this is a coordinated response is unclear – and certainly on a much smaller scale – but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a decree this morning imposing higher tariffs on U.S. products in retaliation for U.S. duties on metals […]
Police State in Slo-Mo
Police State in Slo-Mo For many years, I’ve forecasted that the US will evolve into a police state; that it will begin slowly; then as more and more freedoms are removed, the creation of the police state will accelerate. We’re now seeing that acceleration, as more and more Americans are detained, questioned, and having their […]
Democracy Dies in the Blinding Light of Day
Photo: Ed Darack/Science Faction/Getty Images DEMOCRACY DIES IN THE BLINDING LIGHT OF DAY DESPITE BEING ONE of the United States’s founding statesmen and its second president after independence from Britain, John Adams was quite skeptical of democracy. “Democracy never lasts long,” Adams reflected in an 1814 letter. “It soon wastes exhausts and murders itself. There […]
America Celebrates Lateral Move From Monarchy To Corporate Rule
America Celebrates Lateral Move From Monarchy To Corporate Rule Today America celebrates its liberation from the shackles of the British Crown and the beginning of its transition into corporatist oligarchy, which is a lot like celebrating your lateral promotion from housekeeping to laundry staff. Fireworks will be set off, hot dogs will be consumed, and […]
US vs. China–Is it ‘Art of the Deal’ or Economic Warfare?
US VS CHINA – IS IT ‘ART OF THE DEAL’ OR ECONOMIC WARFARE? If monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines.THE DONALD’S DEALMAKING Some of those in Washington pushing this policy view China as some kind of strategic rival for global […]
Amazon’s Fusion With the State Shows Neoliberalism’s Drift to Neo-Fascism
Amazon’s Fusion With the State Shows Neoliberalism’s Drift to Neo-Fascism In Part 1 of our investigative series on Surveillance Capitalism, MPN spoke to author Yasha Levine and Monthly Review editor John Bellamy Foster about the rise of the Amazon.com empire and its fusion with the U.S. state apparatus. In our next installments, we will continue […]
US Dollar Hegemony Tripped Up by Chinese Renminbi?
US Dollar Hegemony Tripped Up by Chinese Renminbi? Um, no. Central banks not enthusiastic about the renminbi. Global central banks are not dumping US-dollar-denominated assets from their foreign exchange reserves. They’re not dumping euro-denominated assets either. And they remain leery of the Chinese renminbi – despite China’s place as the second largest economy in the […]
The Dictatorship Over America: How It Functions
The Dictatorship Over America: How It Functions Democrats have won the national vote in six of the last seven presidential elections, which, with the retirement of Anthony Kennedy, will have resulted in the appointment of eight of the Supreme Court’s nine justices. And yet four of those justices will have been appointed by presidents who […]
Unfunded Promises
Unfunded Promises In describing the global debt train wreck these last few weeks, I’ve discovered a common problem. Many of us define “debt” way too narrowly. A debt occurs when you receive something now in exchange for a promise to give something back later. It doesn’t have to be cash. If you borrow your neighbor’s […]
Turkey and India Have Leverage in Trump’s Iran Sanction War
Turkey and India Have Leverage in Trump’s Iran Sanction War Both India and Turkey have said they will defy President Trump’s call for them to stop buying Iranian oil once the U.S. reapplies sanctions in November. That isn’t really news. Both of them defied the Obama administration in 2012, albeit in different way. Turkey changed its […]



