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Socialdem. 21st Century

The Strange Death of American Libertarianism in the GOP

See here.This political collapse of libertarianism, quasi-libertarian and traditional consensus neoliberal economics in the GOP is the unnoticed story of the last year.Now it may well be that Gary Johnson’s third party Libertarian run for president might attract more voters than usual (maybe all those Bernie Bros who are stoners?), but the pathetic Libertarian party has no chance of ever winning the presidency, and not just because one of the highlights of their Party National Convention was...

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Europe is Falling

You are seeing it before your eyes. And you know why.[embedded content]Insane, unending mass immigration of people with an incompatible culture, failed and discredited multiculturalism, Islamism and unassimilated, segregated communities of increasingly radicalised Muslims are the major causes.Even as I write, there are news reports of two armed men killed after taking hostages in a church near Rouen in France. One hostage is dead. Jean-Claude Juncker has just announced that “no matter how...

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Trump’s Victory at the RNC sees the Neocons in Hysteria

Because Trump has broken decisively with the Neoconservatives, the warmongering faction of the GOP, who have been behind pretty much every US war since 2000. He has also pushed the GOP to the left on economics, even if this is a rhetorical play.But it is strange how most people on the Left can’t see this or notice its significance, as Michael Hudson explains:[embedded content]Note well: over at the Weekly Standard, which is pretty much Neocon Central, there is as much hatred of Trump as on...

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Links for News Sites

For keeping track of the news, whether on politics and economics, with some other links of interest:(1) General NewsBBC NewsReuters.comGoogle NewsBloomberg NewsCNNAmerican ABCMSNBCFoxnews.comRt.comVice NewsDer Spiegel Online InternationalLe Monde diplomatiqueThe EconomistHaaretzTimes of IsraelJerusalem PostXinhuaChina DailyAntiwar News Sources (a great, long list of news websites)(2) British Newspapers and JournalsThe TimesIndependentThe GuardianNew StatesmanLondon Review of BooksThe...

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Michael Moore: Trump will Win

[embedded content]Whoa, could this be because (1) Trump is speaking to ordinary people on issues that matter, e.g., the disaster of free trade, collapse of manufacturing, and pro-big business mass immigration (however much American liberals’ heads explode whenever you mention this to them), and (2) Hillary Clinton is a corporate shill, neocon-lite warmonger, and historical supporter of most of the things people hate in (1)?I’m on Twitter: Lord Keynes...

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Yes, Virginia, Hayek was a Liquidationist in 1932

But you won’t know it from the weird Hayek apologists and Free Bankers who have essentially rewritten history to make it seem as if Hayek was in favour of MV stability by monetary stimulus and central bank intervention during the early years of the Great Depression (see here for a full discussion).Not too long ago I had a run in with some of the Hayekian True Believers on Twitter.One of them cited the second part of Hayek’s review of Keynes’ Pure Theory of Money (see Hayek 1932; the first...

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