3-27-21 Protests in over 60 cities in the US denounce the rise of anti Asian hate. Here in San Francisco 3,000 came out. Photos: Bill Hackwell
Texas History: What happened to the Native Americans in Texas? Austin American-Statesman
The rise of capitalism and the productivity of labor Michael Roberts
In my view, there are two great scientific discoveries made by Marx and Engels: the materialist conception of history and the law of value under capitalism; in particular, the existence of surplus value in capitalist accumulation.
Extreme poverty isn’t natural, it’s created Jason Hickel
Over the past few years, this graph has become a sensation. Developed by Our World In Data and promoted widely by Bill Gates and Steven Pinker, the graph gives the impression that virtually all of humanity was in “extreme poverty” as of 1820 (i.e., living on less than $1.90 per day, PPP; less than is required for basic food). OWID has used this figure to claim that extreme poverty was the natural or baseline condition of humanity, extending far back into the past: “in the thousands of years before the beginning of the industrial era, the vast majority of the world population lived in conditions that we would call extreme poverty today.” In other words, virtually all of humanity, for all of history, was destitute until the 19th century, when at last colonialism and capitalism came to the rescue.
There’s only one problem: the graph’s long-term trend is empirically baseless.
Good technical explanation of the Suez Canal accident and issues facing its extraction.
See yesterday’s news links here
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