Leftnews.org | News and Views from the Left

by Editors — last modified 2015-11-11T09:19:15-05:00
Contributors: Faiz Ahmed, JBB, Graham H. Cox, R. Dubois, JA Cox

Marxians, Marxists, profitability, investment and growth

by JBB — last modified Nov 24, 2015 06:38 PM
Michael Roberts Blog | I continue my campaign, along with a small band of like minds, arguing that the ups and downs of real economic growth are driven by changes in business investment. And, in a capitalist economy, that investment is driven by the level and movement in the profitability of capital and in the mass of profits generated by the workforce and appropriated by the owners of that capital. To me, this seems a simple and realistic analysis: profit rules. But this thesis is dismissed, ignored and rejected by mainstream, post-Keynesian and other ‘Marxian’ economists.

The Roots of the Current Situation in Venezuela

by JBB — last modified Nov 24, 2015 06:29 PM
By Gregory Wilpert | teleSUR English | How did Venezuela get into this difficult economic situation? What happened since Hugo Chavez’s death? Did the project derail, get stuck, hit a speed bump, or crash altogether?

Russian President Putin, Iran’s Supreme Leader Khamenei Meet Over Syria | The Wall Street Journal

by Faiz Ahmed — last modified Nov 23, 2015 02:51 PM
"The Russian leader’s visit comes amid a push by the Kremlin to forge a broader coalition against Islamic State in the wake of the attacks in Paris and the downing of a Russian airliner over the Sinai Peninsula. French President François Hollande is due to arrive in Moscow later this week to discuss that effort. ... Mr. Khamenei accused the U.S. of creating or supporting terrorist groups such as Islamic State “behind the scenes,” a conspiracy allegation often forwarded by Iran. Mr. Putin has also accused the U.S. of playing a “double game” in the Middle East."

Syrian troops seize territory from IS in central province | Associated Press

by Faiz Ahmed — last modified Nov 23, 2015 02:49 PM
"The capture of Mheen and Hawareen helps secure the highway linking the capital Damascus to the central city of Homs. The government's next push is expected to target the nearby town of Qaryatain and later the historic town of Palmyra, which was taken by IS in May. ... Syrian troops have captured dozens of villages in northern, western and central Syria since the Russian airstrikes began."

Paris attacks exploited to justify totalitarian crackdown on and offline | What's Left

by Editors (What's Left) — last modified Nov 23, 2015 07:27 PM
The aftermath of shock and terror has long been used by the state to push regressive policies that further concentrate power and wealth. One of the most effective means by which to counter such concentrations of power is through broad private and public dissemination of knowledge. It should be no surprise then, that governments (and corporations) throughout history have sought to intercept and monitor any information that could pose a challenge to their totalitarianism.

Argentina shifts to the right after Mauricio Macri wins presidential runoff | The Guardian

by Faiz Ahmed — last modified Nov 22, 2015 08:59 PM
"The result is likely to reverberate across Latin America. ... In the final presidential debate this week, Macri threatened to propose the expulsion of Venezuela from the Mercosur regional trading bloc, over alleged human rights abuses. In a later press conference, he declared himself the antithesis of Venezuelan-style “21st century socialism”, saying he represented “21st century development”."

There Is Only One Way to Destroy ISIS

by JBB — last modified Nov 21, 2015 01:46 PM
Neither airstrikes nor boots on the ground will do it. We must address the conditions that led to its rise, and that means ending the Syrian civil war and the regional Saudi-Iranian conflict. | By Yousef Munayyer | The Nation
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