Wednesday, December 15, 2010

Why we are Marxists

Written by Alan Woods
Monday, 13 December 2010

Two decades have passed since Francis Fukuyama published a book entitled The End of History and the Last Man, proclaiming the definitive triumph of market economics and bourgeois democracy. This idea seemed to be confirmed by almost 20 years of soaring markets and virtually uninterrupted economic growth. Politicians, central bankers and Wall Street managers were convinced that they had finally tamed the economic cycle of booms and slumps.

Now, two decades after the fall of the USSR, not one stone upon another remains of the illusions of the bourgeoisie. The world is experiencing the deepest crisis since the 1930s. Faced with a catastrophic situation on a world scale, the bourgeois of the USA, Europe and Japan are in a state of panic. In the 1930s, Trotsky said that the bourgeoisie was “tobogganing to disaster with its eyes closed.” These words are precisely applicable to the present situation. They could have been written yesterday.

Read the rest here

Renegade Eye

Wednesday, December 01, 2010

Tension rising in Middle East: Could Israel attack Iran and why?

Written by Hamid Alizadeh
Wednesday, 01 December 2010

On August 21 the Bushehr nuclear power plant was officially launched. This marked a new stage in Iran's disputed nuclear programme. In the days preceding this event, former US ambassador to the UN, John Bolton, was quoted around the world as saying: "Israel has days to strike Bushehr" and further "diplomatically" hinted, “If Israel was right to destroy the Osiraq reactor [Iraqi nuclear reactor bombed by Israel in 1981], is it right to allow this one to continue? You can’t have it both ways.”

[Note: The recent Wikileaks were released after this article was written but confirm the analysis in all important aspects.

Read the rest here