Author: Gary Wilson

Photo by Jonny White
In the U.S.

Karl Marx: Capitalism produces unemployment

June 6, 2021 Gary Wilson
In Capital, Karl Marx wrote about the laws of capitalism and the ruthless capitalist competition for greater profits. In the drive to increase profits, capitalists try to reduce their costs by increasing productivity through the […]
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In the U.S.

Unemployment benefits owed to every worker

May 15, 2021 Gary Wilson
The New York Times has called the Biden presidency “an echo of Franklin Roosevelt.” Today, support for labor unions is broader and more widespread than at any time in the last five decades, including support […]
Lubchanksy
In the U.S.

The boom isn’t happening: Jobs report shows unemployment worsening

May 10, 2021 Gary Wilson
  No matter how you look at it, the Labor Department’s April jobs report is miserable — unless you’re on Wall Street. The stock market hit record highs after the report was released. Business Insider […]
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China

U.S.-Japan statement threatens China with nuclear weapons

April 18, 2021 Gary Wilson
On April 16, U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga, the first foreign leader to visit the Biden White House, issued a joint statement lashing out at China. The statement, which covers […]
Missile
Korea

Korean missile launches are for self-defense

March 28, 2021 Gary Wilson
U.S. President Joe Biden said at his first major news conference that North Korea was a top foreign policy crisis for his administration, and that Washington would “respond accordingly” if Pyongyang continued to carry out […]
Nojob norent
Capitalist crisis

GameStop mania: The real losers in Wall Street gambling

February 3, 2021 Gary Wilson
How crazy is the stock market? The stock of the totally bankrupt Blockbuster Video chain store — all stores closed in 2014 — surged more than 700% on Jan. 26. The stock of AMC, the […]
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Elections

Trump and the Pentagon in coup attempt

January 14, 2021 Gary Wilson
Make no mistake about it: Trump and the Pentagon played key roles in the Jan. 6 coup attempt at the Capitol in Washington, D.C. The Pentagon was deeply involved. Members of the U.S. military, both […]
Texas
Capitalist crisis

Wall Street’s New Year’s party: Dancing on the backs of poor workers

January 4, 2021 Gary Wilson
“Wall Street sets new highs to end 2020,” the Associated Press reported on Jan. 1, 2021.  “Wall Street closed out a tumultuous year for stocks with more record highs on Thursday, a fitting coda to […]
Solarwinds
In the U.S.

Spies are going to spy. Five questions on the so-called Russian hack

December 24, 2020 Gary Wilson
“Russian Hackers Broke Into Federal Agencies, U.S. Officials Suspect,” was the Dec. 13 New York Times headline on a report by David Sanger. U.S. Sen. Dick Durbin said the hack is “virtually a declaration of […]
Endracism
Elections

Mass voter opposition leaves rulers of the world’s largest economy in a struggle for stability

December 16, 2020 Gary Wilson
Donald Trump was the biggest loser in the November election.  In a record turnout of the voting-eligible population, 51.4% of the vote went to Joe Biden and Kamala Harris. Donald Trump and Mike Pence got […]