Jun 14, 2022
Welcome to 2nacheki news. Malawi is probing a racist chinese video involving child exploitation,In the 49-minute forensic investigation a documentary showed how Chinese content creators sold videos of children in Malawi who were made to chant racial slurs against blacks in Chinese.
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excerpt of Report on BBC Newshour – 13 June 2022
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Jun 14, 2022
The House Select Committee to Investigate the January 6th Attack heard live testimony Monday from Al Schmidt, the sole Republican on the Philadelphia County Board of Elections in Pennsylvania, a key battleground state in the 2020 election. He described how he found no evidence of voter fraud in 2020, and said he and his family received death threats after Trump lashed out at him on Twitter for not halting the vote count due to false claims of fraud.
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Jun 14, 2022
One of the key witnesses who testified live at Monday’s hearing of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol was former Fox News political editor Chris Stirewalt, who led the the Fox News decision to become the first network to call Arizona for Joe Biden on election night in November 2020. Fox fired Stirewalt months later. Answering questions from Congressmember Zoe Lofgren, Stirewalt said Trump’s chance of winning was virtually zero. His comments were supported by Trump’s former Attorney General William Barr. The committee also heard testimony from Trump’s former campaign manager Bill Stepien, who said he had contradicted false election victory claims by Trump’s lawyer Rudy Giuliani, and was part of what he called “Team Normal.” Former Attorney General Barr told the committee about how he became “demoralized” after the 2020 election when he tried to counter allegations of voting fraud with then-President Trump.
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Jun 14, 2022
We spend the hour featuring highlights from the second public hearing of the House Select Committee to Investigate the January 6th Attack on the United States Capitol. Main witnesses were ex-President Donald Trump’s former inner circle, including campaign manager Bill Stepien, Attorney General William Barr, campaign adviser Jason Miller and his own daughter Ivanka Trump, who all said Trump ignored them on election night in November 2020 when they argued against declaring victory. They described how Trump instead turned to his lawyer Rudy Giuliani, who they said was drunk when he urged Trump to claim he’d won and say the election was being stolen.
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Jun 14, 2022
Monday’s January 6 committee hearing ended with closing statements from January 6 committee vice chair, Republican Liz Cheney and Democrat Zoe Lofgren describing how the Trump campaign raised over $250 million from his supporters, off of the lie that the 2020 election results were fraudulent, for an election defense fund that didn’t exist.
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How financial parasites and debt destroy the global economy. Professor Hudson continues the discussion on the financialization of capital and its global effects. KILLING THE HOST exposes how finance, insurance, and real estate (the FIRE sector) have gained control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today’s economic polarization (the 1% vs. the 99%) via favored tax status that inflates real estate prices while deflating the “real” economy of labor and production. The Great 2008 Bailout saved the banks but not the economy, and plunged the U.S., Irish, Latvian and Greek economies into debt deflation and austerity.
This book describes how the phenomenon of debt deflation imposes austerity on the U.S. and European economies, siphoning wealth and income upward to the financial sector while impoverishing the middle class.
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This edition of Super Imperialism is the finalized version of the analysis that Michael Hudson first published in the wake of President Nixon severing the dollar’s link to gold in August 1971. Closing the gold window had been imminent since the London Gold Pool was disbanded in 1968 in response to the U.S. overseas military spending that had pushed the balance of payments into steadily deepening deficit since the Korean War (1950-51).
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This book is based on the lecture series on finance capitalism Michael Hudson presented for the Global University for Sustainability. The book explains why the U.S. and other Western economies have lost their former momentum: A narrow rentier class has gained control and become the new central planner, using its power to drain income from increasingly indebted and high-cost labor and industry. The American disease of de-industrialization has resulted from the costs of industrial production being inflated by the economic rents extracted by this class under the system of financialized monopoly capitalism that now prevails throughout the West.
The book explains why the U.S.-China conflict cannot simply be regarded as market competition between two industrial rivals. It is a broader conflict between different political economic systems – not only between capitalism and socialism as such, but between the logic of an industrial economy and that of a financialized rentier economy increasingly dependent on foreign subsidy and exploitation as its own domestic economy shrivels. Professor Hudson endeavors to revive classical political economy in order to reverse the neoclassical counter-revolution.
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In this important study, Abu Lughod presents a groundbreaking reinterpretation of global economic evolution, arguing that the modern world economy had its roots not in the sixteenth century, as is widely supposed, but in the thirteenth century economy a system far different from the European world system which emerged from it. Using the city as the working unit of analysis, Before European Hegemony provides a new paradigm for understanding the evolution of world systems by tracing the rise of a system that, at its peak in the opening decades of the 14th century, involved a vast region stretching between northwest Europe and China. Writing in a clear and lively style, Abu Lughod explores the reasons for the eventual decay of this system and the rise of European hegemony.
Review
“A provocative, well-researched, imaginative book.”–Contemporary Sociology
“A useful and stimulating economic history that juxtaposes data from many different regions….The book should prove useful and popular in world history courses.”–American Historical Review
“An important work in historical sociology.”–Science & Society
“A beautifully written work, whose scope is comparable to those of Immanuel Wallerstein and Fernand Braudel.”–American Sociological Association
“World history at its best, combining breadth and depth, pattern with detail….A first-class contribution that will become a major reference point in future scholarship.”–American Journal of Sociology
About the Author
Janet L. Abu-Lughod is Professor of Sociology at Northwestern University (Emeritus)
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Transition Studies 