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Showing posts with the label “energy crisis”

Iran on the Verge of Nervous Breakdown

This was published about three months before the ongoing protests.  An article available in 4 languages “ The present crisis is the combined result of past political choices, climate constraints, and economic pressures exacerbated by international sanctions and regional tensions, to which is now added the very real threat of military escalation. For much of the population, this everyday life fuels a feeling of injustice and the constant bitterness of a future with no prospects. Are the absence of ambitious structural reforms and the persistence of external tensions not liable to threaten the country’s internal security and trigger a major internal crisis   ?”

Core Aspects of Trumpism Have Been Institutionalised

“Over the last eight years, but especially during the Biden administration, core aspects of Trumpism have been institutionalised. Let’s take a look at the record. First, the ‘China problem’ identified by Steve Bannon and Peter Navarro, became a bipartisan obsession. It is now hegemonic to the extent that Harris attacked Trump from the right on this issue during their debate, condemning him for having ‘sold us out’ by selling chips to China. (He, in fact, limited sales of chips to China.) Second, economic nationalism – including protectionism, stimulus and a domestic industrial policy – was embraced far more vigorously by Biden than Trump. Ironically, he was enabled in this by pressure from the Sanders left, just as Trump was inhibited by pressure from the Republican right. Third, the far right’s borders agenda has been adopted uncontested, and now forms a major plank in Harris’s platform. Fourth, in all essential ways, Biden adopted Trump’s foreign policy. The withdrawal from Afghanist...

Never Let a Good Crisis Go to Waste

Richard Seymour: Owing to the increasing technological difficulties and commercial disadvantages associated with fossil fuels, Tooze worries that I am too “sanguine” about the chances of “green modernisation”. I do argue that the far-sighted members of the ruling class might react to this crisis by accelerating “the transition to renewables” with “more energy-efficient buildings, transport and supply chains” and even competition “over who transitions fastest”, resulting in trade wars over the control of the rare metals needed to make solar panels. What Adam Tooze gets wrong about capitalism and climate change