Exactly 9 years ago, on 1 June 2004, military troops of the MINUSTAH, the United Nations Stabilization Mission in Haiti, invaded the country under the pretext of restoring ‘stability’. Quite the opposite. Instead of improving the situation created by the 2004 coup, MINUSTAH managed to increase the level of violence inflicted on a people deprived [...]
Sohel Rana, owner of Rana Plaza. by Anu Muhammad We have witnessed the worst industrial disaster in Bangladesh, one beyond any wild calculation and more horrifying than we could even imagine. On April 24, 2013 another garment factory, Rana Plaza in Savar near the capital city of Bangladesh, Dhaka, suddenly turned into a [...]
[UPDATE: We received this from a reader on 5/15: “Found out recently, Babu has died. Actually ‘murdered’ would be the right word. I am trying to find out what happened, but in vain. Still trying…probably he did, saw, and knew too much! His body was found in a room of a hospital, there were signs [...]
Back at the start, the surplus value has to be reinvested. Only through expansion can each company gain a competitive edge over all the others. For capitalism as a whole to function in a reasonably stable way, and for everyone to stay ahead of their interest payments, it must grow about 3% annually. So the [...]
They must continuously force open and seize control of more markets. This is one of the driving forces for imperialism. When more than one country does this, major inter-imperialist conflicts ensue. This rivalry—not any sort of moral issue—was the cause of the two major inter-imperialist wars of the 20th Century. So war both captures markets [...]
A portion is siphoned off for personal use by capitalists, to furnish extravagant lifestyles with excessive salaries and bonuses. […]