An interesting idea for Socialists/Communists to think about as traditional Left/Right distinctions seem to be becoming more irrelevant and meaningless than ever before.
Part of this may be due to what Yanis Varoufakis is calling the "death of Capitalism" and the birth of "Technofeudalism."
Varoufakis, in his new book of the same name, argues that the rise today's tech giants came at a time of a complete lack of regulation and coupled with a corporate culture of greed and complete disregard for human life, encouraged and financed by cheap government capital flowing into a deregulated banking sector that funneled the money straight into the pockets of the same investors of Big Tech, Big Media, Big Pharma and the like. Essentially, these fiefdoms are warping the very modes of production and changing the power dynamics of the previous global capitalist world order.
Combined with a political system sold to the highest bidder, this has resulted in modern tech fiefdoms popping up throughout the world and global economy that are more powerful than the governments they control, that in theory at least, are supposed to control them.
So... we're slipping back into feudalism, and now a famous self-proclaimed Marxist Economist and academic leader has wrote an entire book dedicated to something I've been saying for two years now. And I'm an ordinary worker and two-time college drop out.
To my 4'000+ followers, I want to thank everyone for bearing with me as I formulate the system for posting to this blog, such as color coding news/analysis/opinion and organizing sources.
I realize posting is inconsistent at best, I don't always get the chance to post all I would like to. Also, I am currently dealing with an ongoing family emergency, and so I truly appreciate everyone's patience as I work out the kinks in this blog.
I value everyone who follows this blog, including those with diametrically opposing views, as my goal is to expose you to different views, news, and analysis than you might encounter through the usual mainstream outlets, and it is not necessarily my goal to change your views to reflect my own, though that would certainly be a bonus.
Thank you again for bearing with me, I promise you this, when I finally have all this down, get some more help with the blog and things are more settled, you will be rewarded with more content.
🇷🇺 🏥 🚨 AS A RESULT OF HEAVY WINDS, WOMAN CRUSHED UNDER HEAVY SIGN IN RUSSIA
As a result of a storm that hit the Kuzbass region of Russia in southwestern Siberia, a business sign affixed to a building in Novokuznetsk was torn down and fell on a woman walking down the sidewalk as she exited the building.
The sign instantly crushes her under its enormous weight, however, with the arrival of help from some good samaritans, the woman survived and was transported to hospital.
🚨 AFGHAN POLICE GET ROLLER-SKATES TO MOVE MORE QUICKLY THROUGH BUSY STREETS IN EMERGENCIES
According to video from Afghan sources, the Afghan police, as a result of budget strains and limitations, have trained some officers to use roller skates to move more quickly through crowds and traffic.
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GENERAL FORMAT:
News will have sources attached
Analysis and Opinion pieces may or may not include sources
Unconfirmed News may or may not have sources attached. Unconfirmed simply means unconfirmed by mainstream sources, or unconfirmed by multiple alternative sources.
Propaganda, art and unconfirmed video posts may or may not have sources.
You can assume if no sources are present in a post, then either it is an opinion piece or the information is unconfirmed by mainstream sources. Unconfirmed can also mean unconfirmed by multiple alternative sources.
News posts will always be sourced while non-sourced posts will be color coded appropriately.
🌍 🚨 GLOBAL ECONOMIC OUTLOOK FOR 2024, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF)
The International Monetary Fund published its global economic outlook for 2024.
According to the IMF, Global economic growth for 2024 is expected to be around 2.9%, 3.4% for West and Central Asia, 4.8% for developing economies in Asia, 2.3% for Latin America and the Caribbean, and 4.0% for sub-Saharan Africa.
The European Union (EU) can expect around 1.2% growth according to the IMF.
In particular, Germany is expected to be in recession, clocking in an expected -0.5%, while Spain is expected to grow 1.7%, France 1.3%, and Italy 0.7%.
Africa's strongest economy, Nigeria, is expected to grow by 3.1% in 2024.
On the Eurasian landmass, Indian growth is expected at 6.3%, China 4.2%, Saudi Arabia 4.0% and Russia, despite the tightening of sanctions, is expected to grow 1.1%.
In North America, US growth is expected at 1.5% and Canada at 1.6%.
🇦🇷🇷🇺 RUSSIAN AMBASSADOR HOPES TO MAINTAIN COOPERATION AND STRENGTHEN TIES WITH THE NEW ARGENTINE GOVERNMENT AFTER MILEI WINS ELECTION
🇦🇷 Argentina's president-elect is the far-right politician Javier Milei, declared his rival, Sergio Massa, a candidate from the ruling party.
With 86.59% of the votes counted, Milei secures victory with 55.95%.
Milei advocates for economic dollarization, privatization, including in education and healthcare, opposes collaboration with China, Brazil, and Russia in favor of the United States and Israel. Additionally, Milei is against Argentina joining BRICS.
🇷🇺 Russia expects that the new President of Argentina, Milei, will remain committed to multipolarity, which will be facilitated by the country's accession to BRICS, Ambassador Feoktistov said.
According to him, Moscow hopes to strengthen cooperation with Argentina under the new cabinet, is ready to work together regardless of the political situation, will always remain a friend for this country, ready to lend a helping hand, and is confident that this attitude is also inherent in the Argentines.
THOUSANDS OF PROTESTERS HIT THE STREETS IN SOLIDARITY WITH PALESTINIANS UNDER SIEGE IN THE GAZA STRIP
📹 Scenes of thousands of protesters hitting the streets of San Francisco in the U.S. to stand in solidarity with the Palestinian people under blockade, siege and bombardment in the Gaza Strip.
More than 31'553 Palestinian civilians have been killed as a result of Israel's ongoing genocide in the Gaza Strip, more than 25'000 of which are assessed to be women and children according to the United States Pentagon, with an additional 73'546 Palestinians wounded since the beginning of the current round of Israeli aggression beginning on October 7th, 2023.