Leftnews.org | News and Views from the Left

by Editors — last modified 2019-04-04T12:09:49-04:00
Contributors: Faiz Ahmed, JBB, Graham H. Cox, R. Dubois, JA Cox
The best of the political left-wing from around the web.

Fascism and Dictatorship: The Third International and the Problem of Fascism

by JBB — last modified May 15, 2019 12:40 PM
by Fabian Van Onzen | Originally published: Marx & Philosophy (via MR Online) | This worldwide neofascist phenomenon has resulted in a few new books, which use both Marxist and non-Marxist theory to account for its emergence. One of the most significant of these books is a new edition of the classic work, Fascism and Dictatorship by Nicos Poulantzas. The new edition of Fascism and Dictatorship contains a new introduction by Dylan Riley, a professor at UC Berkeley who recently wrote The Civic Foundations of Fascism in Europe. Riley argues in the introduction that Poulantzas should be the starting point for any serious study of fascism, both historical and contemporary.

Canada’s Minister of Defence is an Arms Pusher

by JBB — last modified May 13, 2019 08:18 AM
by Yves Engler | CounterPunch | Harjit Sajjan heads a ministry intimately tied to a globally oriented corporate weapons industry that profits from war. Is this something Canadians understand and support? Or would the majority of us be upset to learn their Minister of Defence is an arms pusher, promoting sales to anti-democratic, repressive regimes?

Where is Canada’s Socialist Resurgence?

by JBB — last modified May 10, 2019 12:17 PM
by David Bush | Socialist Project | Finding an AOC, a Bernie or building a Canadian DSA, or worse still, squinting our eyes and pretending the NDP is a socialist party are political shortcuts which avoid both a serious analysis of the balance of class forces and the real opportunities that lie before us.

Socialism and Workers’ Coops

by JBB — last modified May 10, 2019 09:57 AM
by Richard D. Wolff | CounterPunch | Worker cooperatives – where workers organize, manage and direct their workplace division of labor democratically – have a history almost as old as the human race. They represent a stark alternative to the undemocratic, hierarchical organization of past enterprises such as the slave and feudal with their master/slave and lord/serf divisions. Worker coops likewise differ from capitalist enterprises’ foundational division between employers and employees.

Uber Is a Scam

by JBB — last modified May 09, 2019 02:59 PM
By Doug Henwood | Jacobin | A glance at the company's recently released prospectus reveals the truth about Uber: it’s a scam.

A Bewildering Spectacle

by JBB — last modified May 09, 2019 10:08 AM
By Geoff McCormack | The Panic of 1873 was a financial crisis that triggered the first worldwide economic depression. In those days, they called it the Great Depression. It lasted for 23 years. Long periods of stagnation and instability are recurrent in capitalism. We’re in the middle of the fourth one right now. And they happen because the system can’t maintain sufficient profitability. When profits stagnate, so does everything else.

Venezuela is paying its bondholders | Financial Times

by Faiz Ahmed — last modified May 09, 2019 09:25 AM
"On Tuesday, Venezuela's opposition-led National Assembly voted to keep afloat the country's last bond not in default and pay holders of PDVSA's bonds, due in 2020, the $71m in interest payments owed from late April. While the PDVSA's ad hoc board, which is now controlled by opposition leader Juan Guaidó's team, has not indicated how exactly it will finance the lump sum, the country is one step closer to staving off a major capital loss after attaining Congressional approval. ... A missed payment would have opened the doors for creditors to potentially seize Citgo, whose shares also serve as collateral for a $1.5bn loan that Russian oil company Rosneft extended to Venezuela."
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