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Parasites in the Body Economic: the Disasters of Neoliberalism
Parasites in the Body Economic: the Disasters of Neoliberalism The following is a transcript of CounterPunch Radio – Episode 19(originally aired September 21, 2015). Eric Draitser interviews Michael Hudson. Eric Draitser: Today I have the privilege of introducing Michael Hudson to the program. Doctor Hudson is the author of the new book Killing the Host: How Financial […]
Heading Toward a Collision: Syria, Saudi Arabia and Regional Proxy Wars
Heading Toward a Collision: Syria, Saudi Arabia and Regional Proxy Wars A recent Guardian article (“Saudi Arabia says there is no future for Assad in Syria”) Saudi Foreign Minister Adel al-Jubeil is quoted saying, “This [the Syrian civil war] could be a more lengthy process and a more destructive process but the choice is entirely that of Bashar […]
The Curse of Totalitarianism and the Challenge of an Insurrectional Pedagogy
The Curse of Totalitarianism and the Challenge of an Insurrectional Pedagogy Introduction The forces of free-market fundamentalism are on the march ushering in a terrifying horizon of what Hannah Arendt once called “dark times.” Across the globe, the tension between democratic values and market fundamentalism has reached a breaking point. [1] The social contract is under assault, […]
Why Logging Forests After Wildfires is Ecologically Destructive
Why Logging Forests After Wildfires is Ecologically Destructive California Spotted Owl. Photo: USFS. When it comes to wildfire, the U.S. Forest Service has it all wrong. In its just-released plan to chop down trees in nearly 17,000 acres hit by last year’s King fire in the Eldorado National Forest – including logging in 28 occupied […]
The World’s Never Seen Anything Like This
The World’s Never Seen Anything Like This The Fukushima Daiichi Nuclear Power Plant No. 2 nuclear reactor fuel is missing from the core containment vessel. (Source: Up to 100% of No. 2 Reactor Fuel May Have Melted, NHK World News, Sept. 25, 2015.) Where did it go? Nobody knows. Not only that but the “learning […]
Bubbles Always Burst: the Education of an Economist
Bubbles Always Burst: the Education of an Economist I did not set out to be an economist. In college at the University of Chicago I never took a course in economics or went anywhere near its business school. My interest lay in music and the history of culture. When I left for New York City […]
Nuclear Lies About Renewable Energy
Nuclear Lies About Renewable Energy London. There’s no doubt about it. The British Government is spreading untruths about the price of renewable energy. Is it deliberate? One can only assume so owing to the consistency of the pattern and the equally consistent refusal to explain or correct its misleading statements. The context is also significant: […]
Nuclear Power Kills: the Real Reason the NRC Canceled It’s Nuclear Site Cancer Study
Nuclear Power Kills: the Real Reason the NRC Canceled It’s Nuclear Site Cancer Study Diablo Canyon nuclear plant. After spending some $1.5 million and more than five years on developing strategies to answer the question of increases of cancer near nuclear facilities, the US Nuclear Regulatory Commission (NRC) last week reported that they would not […]
The Fukushima Fix
The Fukushima Fix Japan’s Abe government claims portions of Fukushima Prefecture (original population 2 million) are safe for habitation, radioactivity is acceptable; whereas scientific data by third-party NGOs indicates otherwise, stay away! PM Abe’s specific maneuvers towards rehabilitation give the appearance that the Fukushima full-blown nuclear meltdown is relatively minimal in comparison to Chernobyl’s disastrous […]
California Burning: Life on a Tinderbox Planet
California Burning: Life on a Tinderbox Planet The metaphors are too ripe. California, symbol of limitless abundance, material wealth, possibilities for personal transformation. California, the impossibly over-endowed beauty, who wins all the contests, to the bitter envy or sycophantic admiration of the average Joes and Janes. California, the consummate global destination for the millions of […]
Ecuador vs. Chevron, By Way of Canada
Ecuador vs. Chevron, By Way of Canada In the latest twist to a 22-year-old legal saga, Canada’s Supreme Court ruled on September 4th that Ecuadorian villagers can seek to enforce an Ecuadorian legal judgment in Canada for $9.5 billion against Chevron Corporation for polluting the Amazon rainforest. The plaintiffs were successful in arguing that since […]
ISIS is US: the Empire and the Evil Genie It Released
ISIS is US: the Empire and the Evil Genie It Released Picturing Papal Petrification The reigning politics and media culture of the United States is not without moments of high comic relief. Three weeks ago, for example, CNN’s Chris Cuomo presented the buffoonish Republican presidential candidate Donald Trump with a bizarre hypothetical situation. What would […]
The Age of Finance Capital—and the Irrelevance of Mainstream Economics
The Age of Finance Capital—and the Irrelevance of Mainstream Economics Despite the fact that the manufacturers of ideas have elevated economics to the (contradictory) levels of both a science and a religion, a market theodicy, mainstream economics does not explain much when it comes to an understanding of real world developments. Indeed, as a neatly […]
“Radiation is Good for You!” and Other Tall Tales of the Nuclear Industry
“Radiation is Good for You!” and Other Tall Tales of the Nuclear Industry The U.S. Nuclear Regulatory Commission is considering a move to eliminate the “Linear No-Threshold” (LNT) basis of radiation protection that the U.S. has used for decades and replace it with the “radiation hormesis” theory—which holds that low doses of radioactivity are good […]
Field Notes to Life During the Apocalypse
Field Notes to Life During the Apocalypse Shell’s Arctic drilling rig. Photo: Greenpeace. When the apocalypse arrived no one knew it could be so seductive. In the Pacific Northwest global warming has meant winter days fit for lounging outside in t-shirts. Wildfires feeding on drought-stricken forests are producing surreal tangerine-orange sunlight. The heat has wreaked havoc […]
