China: Economic Crisis and Its Impact

Jacek Popiel A few weeks ago we examined the source of China’s “meteoric” rise to the rank of the second largest world economy and concluded that the “miracle” was essentially a one-off play based on offering the lowest cost for the production of goods for export. While successful, the policy destroyed both income and assets…

Where Is America’s Jeremy Corbyn?

Chris Hedges.  Courtesy of Truthdig. Introduction: The rise of Jeremy Corbyn to lead Britain’s Labour Party is heartening.  Here’s a man with a heartfelt contrary perspective.  Sadly, he has no American equivalent among the major parties’ candidates.  Bernie Sanders comes closest, but Sanders supports drone strikes and refuses to take a stand against Israeli aggression.…

Healthcare in the UK: Great Care Instead of Nightmare

Alex Dunn.  Introduction by William Astore. The New Year promises much misinformation about Obamacare as “socialism.”  Whatever else you can say of Obamacare, it’s not state-owned or state-provided.  Rather, it relies on private, for-profit insurance companies to provide health care coverage.  In short, health care in the USA remains a market-based commodity.  You get what…

Reflections on a Visit to Moscow

Greg Laxer I have just returned from nearly two weeks in Moscow, my first visit to Russia. Just from the sights I absorbed on the ride from the airport to downtown, I appreciated that Russia is a great nation and justly deserves to be recognized as such by the U.S. and other hostile governments. This…