Political Economy and the Current Crisis

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"The most important fundamental law in any nation is that which institutes money; for money governs the distribution of property, and thus affects in a thousand ways the relations of man to man." -- EdwardKellogg, 1861. Today nearly 14 million Americans are unemployed, another12 million underemployed, 43 million Americans live below the poverty line, 49 million go to bed hungry at night, and an estimated 3 million Americans are homeless. The US Congress created the Federal Reserve in 1913 giving private bankers the power to create money which institutionalized debt slavery for American workers and caused the misery many of the 99% are experiencing today, This panel will review the history of the Fed Reserve creation and describe how this power to create money by private bankers has caused this suffering. Strategies for returning the Constitutional power to create money to the people for the benefit of all Americans will be discussed. With solidarity the present system can be changed to create a world of hope for all Americans.
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Crisis and Capitalism Today: Interpretations and Interventions
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Six years into the deepest crisis of the advanced capitalist world since 1929, this series brings together authors from the 'Future of World Capitalism' book series to discuss the origins, current state and direction of contemporary capitalism
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This panel examines the catastrophic failure of the new model of warfare that was experimented in Libya by the North Atlantic Treaty Organization. The panel will examine the juistifications for NATO's intervention and situate this military exercise in the context of the massive rebellions in Tunisia and Egypt in 2011. The panel will examine the contours of the intervention, especially in relation to the current capitalist crisis. In so far as NATO is the instrument through which the capitalist class of North America and Europe seeks to impose its political will on the rest of the world, this panel will examine the outcomes of that intervention focusing on the increased instability in Libya and the security situation which exploded in Benghazi in September 2012. The intervention in Libyaѓ??characterized by bombing campaigns, military information operations, third party countries, and private contractorsѓ??exemplifies exposed a new experiment. The panel will contend that this experiment has failed.
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Three contributions on the question, Is a Reformist Solution Possible? Hillel Ticktin looks at the conflict between the Keynesians and those who favor a return to 19th Century capitalism; Michael Hudson asks whether Austerity is simply a European mis-step or is the Class War Back in Business, and Robert Brenner analyzes the roots of the crisis looking at Finance and the Real Economy. Suzi Weissman chairs/moderates.
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Rod and Melanie Bush has published a new book entitled Tensions in the American Dream. This new book places the American Dream in the context of the extermination of the Indigenous peoples, African Slavery, Immigration, U.S. Imperialism, and its belief in the doctrine of American Exceptionalism, Race, Class, Gender,and the expansion of U.S. capitalism and its hegemony over the system. This panel seeks to address the pertinent issues raised by the authors of this important text.
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Monopoly capitalism creates the export of capital and modern imperialism, the subjugation of nations. The struggle of oppressed nations for liberation and national equality against imperialism is a direct struggle against monopoly capitalism and aligns with the fight of the working class against exploitation. Workers in imperialist nations must support liberation struggles of oppressed nations in their own interests. The struggle against national oppression and imperialism connects to issues of racism, war, refugees, immigration, trade, manufacturing, wages, etc.