Category Archives: Articles
“Today, the future of one of Earth’s most vital resources is being determined by those who profit from its overuse.”
“As the water crisis intensifies, governments worldwide — under pressure from multinational corporations — are advocating the commodification and mass transport of water. Proponents of water privatization say that a market system is the only way to distribute water to the world’s thirsty. But experience shows that selling water on the open market does not address the needs of poor, under-served people.
On the contrary, privatized water is delivered to those who can pay for it, such as wealthy cities and individuals, agriculture and industries. As one resident of New Mexico’s high desert observed after his community’s water was diverted for use by the high-tech industry: “Water flows uphill to money.”
In cities and towns across the Western Hemisphere, results of water privatization have been almost universal: increased prices and a concurrent loss of access to water, failed promises of infrastructure improvement, loss of indigenous peoples’ rights to water, worker layoffs, lack of information on water quality and big profits for the privatizing corporations.”
China’s manufacturing activity falls to a 32-month low
1 December 2011
“The success of its manufacturing sector has been key to China’s economic growth in the past few years.
However, recent economic problems in two of its biggest export markets – the US and Europe – have raised concerns about whether the sector can maintain its growth pace…
The BBC’s Damian Grammaticas in Beijing said that even though China’s economy was still expanding, the slowdown in the pace of growth was faster than expected.
He said the authorities were now “concerned about how to keep China’s economy from slowing too fast”.
From BBC Business – See the full Article
This, ladies and gentlemen, is the world’s most expensive photo. Would you pay $4,338,500 for this? Why would anyone do this?
by Alan Boraas
Published: November 4th, 2011 09:46 PM
Last Modified: November 4th, 2011 09:47 PM
The Iraq War is over and we won.
We were given many reasons for the Iraq War. We were told the war was to block use of weapons of mass destruction, but there were no WMDs. We were told the war was about terrorism, but the Al Qaida terrorists were not from Iraq and there were no Al Qaida in Iraq. We were told the war was about regime change. We did change the regime and attempt nation building, but it was framed as patriotic altruism and we were not told why that particular nation was targeted for export of our democracy.
The Iraq War was about oil and that’s why it’s now over.
“Who are the most ruthless capitalists in the western world? Whose monopolistic practices make Walmart look like a corner shop and Rupert Murdoch a socialist? You won’t guess the answer in a month of Sundays. While there are plenty of candidates, my vote goes not to the banks, the oil companies or the health insurers, but – wait for it – to academic publishers….”