Digests/Specials
Charles Hugh Smith writes: If we don’t change the way money is created and distributed, we will never change anything. The Panama Papers offer damning proof of this: increasing concentrations of wealth and power free of constraint (like taxes) is not just the consequence of centralized money and state power, but its only possible output….
Read More about The Panama Papers: Consequences of centralised money and power
Economy
Nityanand Jayaraman writes: A new report warns that India’s plans to import 12 nuclear reactors from ailing American equipment suppliers is financially fraught and irrelevant for India’s electricity needs. If built, the reactors will cost anywhere between Rs 6.3 lakh crore and Rs 11 lakh crore, thereby translating to unaffordable and obscenely high electricity tariffs….
Read More about Why is India importing US nuclear reactors that even the US doesn’t want?
CLIMATE CRISIS
Much of the mainstream media, corporate lobbyists and politicians would like the public to think of climate change as something akin to a natural phenomenon. In this second part of our series on Capitalism and Climate Change, we present a selection of articles that examine the deep-seated connections between climate change and a rapacious global economic order….
Read More about Digest: Climate crisis and the myth of ‘green’ capitalismConflict/Dispossession
Colin Todhunter writes: There is a notion that we can just continue as we are, with an endless supply of oil, endless supplies of meat and endless assault on soil, human and environmental well-being that intensive petrochemical agriculture entails. Given the statistics, this is unsustainable, unrealistic and a recipe for continued resource-driven conflicts and devastation….
Read More about Arms, Agribusiness, Finance and Fossil Fuels: The Four Horsemen of the Neoliberal Apocalypse
Protesters block Silicon Valley shuttles, smash Google bus window
TheVerge.com
Bookshelf
Douglas Rushkoff writes: We’ve to stop looking at our economy as a broken system, but one that’s working absolutely true to its original design. We are not witnessing capitalism gone wrong — an egalitarian currency system corrupted by greedy bankers — but, rather, capitalism doing exactly what it was programmed to do from the beginning….
Read More about New Book: Throwing Rocks at the Google Bus
Protesters near the Kudankulam nuclear plant
Reuters
Digests/Specials
India drastically lowers nuclear energy target Deccan Herald With little progress on ground since the 2008 Indo-US nuclear agreement, the government has drastically cut the nuclear energy target from 63,000 Mwe by 2032 to just about 14,500 Mwe by 2024. Quiet Burial For India-US Nuclear Deal? Amit Bhandari, Gateway House Solar power developers have offered…
Read More about Special: Nuclear power wanes as solar rises worldwide
CLIMATE CRISIS
Exxon’s Climate Lie: ‘No Corporation Has Ever Done Anything This Big or Bad’ The truth of Exxon’s complicity in global warming must be told – how they knew about climate change decades ago but chose to help kill our planet Bill McKibben, The Guardian UK I’m well aware that with Paris looming it’s time to…
Read More about How Exxon suppressed evidence of Climate Change in the late 1970s
