By JEFF MACKLER
FTX’s plunge from $32 billion to bankruptcy and the collaping value of cryptocurrencies shows the speculative casino nature of the capitalist economy, where unimaginable wealth is driven by fictitious capital.
By JEFF MACKLER
The US sabotaged the Nord Stream pipelines as part of a plan to substitute US Liquified Natural Gas for cheaper Russian fossil fuels, eliminate Russia as the chief fossil fuel supplier to Germany and much of Europe, and prolong the highly profitable U.S.-instigated and financed war in Ukraine.
By ANN MONTAGUE
In Britain, the working class is experiencing a wave of strikes and “Industrial Action” from some of the largest established unions in the country, activity that disrupts the economy. These striking unions have made political demands in recent years to renationalize mail, rail and the electric grid.