Daily Archives: August 16, 2021

2021-08-16: News Headlines

Norbert Trenkle (2021-08-16). Climate Crisis and Social Transformation in the Age of Corona. indybay.org The temporary moratorium on economic activity in large parts of the world has done nothing at all to change the fundamental logic of the capitalist mode of production, which is driven by the end-in-itself motion of endlessly reproducing abstract wealth, represented by money.

Joris Leverink (2021-08-16). Economic Update: Chile's Feminist Social Revolution. roarmag.org On this week's show, Prof. Wolff discusses the election of a socialist, African-American woman as new mayor in Buffalo, NY; US unemployment insurance's meager support for jobless; Teamsters target Amazon workers for union drive; veterans' suicides and the costs of US wars. | On the second half of the show, Wolff interviews Rodrigo Roa Fernandez, Chilean revolutionary activist on his country's new feminist movement, the Constituent Assembly and the new constitution. | You can support this show on

Jack Rasmus (2021-08-16). Covid Recession Year One: Who Gained? Who Lost? counterpunch.org We hear a lot lately about the US billionaires increasing their wealth by more than $1 trillion over the past year, as Covid precipitated the most severe recession since the 1930s of the real economy over the past year–from the spring quarter of 2020 last year through the spring quarter 2021. Over the same period, however, US stock markets surged to record levels. This past week in early August they attained record breaking levels nearly every consecutive day.

WSWS (2021-08-16). Paula Rego at the Tate: "I always want to turn things on their heads, to upset the established order" wsws.org As Rego sought a stimulus for her art, she rejected suggestions that she abandon figurative work and take up abstraction.

_____ (2021-08-15). In Somalia, The US Is Bombing The Very 'Terrorists' It Created. popularresistance.org This July, the Biden administration picked up where Trump left off and began bombing Somalia, a country with a gross domestic product of less than $6 billion and a poverty rate of 70 percent. But why? | The official reason provided by the Pentagon was that the Somali National Army needed air support in its operations to counter al-Shabaab. But the actual reason was that Somalia is geo-strategically important to US empire. | Successive US administrations have cycled through a myriad of excuses to either bomb the country or to arm its dictators: Cold War politics, "humanitarian intervention," anti-piracy, and more…

_____ (2021-08-15). Santa Fe Just Agreed To Send Some Parents $400 Per Month. popularresistance.org New Mexico could become the second state to implement a statewide universal basic income program. | The city of Santa Fe is testing out universal basic income, or guaranteed monthly payments, for 100 parents under the age of 30 who attend Santa Fe Community College. They'll get $400 monthly payments, also known as a "stability stipend," for a year, and if that local pilot program goes well, lawmakers are considering moving forward with a similar statewide proposal. | "I think that $400 is a heckuva lot of money to a heckuva lot of people in this state," Albuquerque Rep. Antonio Maestas said during a committee hea…

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