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Quote of the Week: Everything Has Finally Become Tradable

At last, the time has come in which all that human beings had considered as inalienable has become the object of exchange, of traffic, and may be alienated. It is a time when the very things which before were conveyed, but never bartered; given, but never sold; conquered, but never purchased — virtue, love, opinion, science, conscience etc. — when, in short, everything has finally become tradable. It is a time of generalized corruption, universal venality or, to speak in terms of political economy, the time when anything, moral or physical, receives a venal value, and may be taken to market to be appraised for its appropriate value. —Karl Marx, The Poverty of Philosophy , 1847

Erdoğan is no Friend of Palestine

He is a bourgeois businessman and hypocrite, complicit in crimes against Kurdish, Palestinians and others. “Erdoğan is the quintessential demagogue — he issues challenging statements to the established order while maintaining the status quo. Erdoğan’s denouncements of Israel tend to coincide with periods of heightened violence. But once public outrage declines, it’s back to business as usual .”

EU-Egypt

A long tradition of complicity in crime This article is available in four languages An indispensable’ partner in the  EU ’s strategy in the Middle East and the Mediterranean 
Perspectives "Though new technologies will not completely erase the benefit of cheap labor, they will reduce the number of opportunities countries have to industrialize, diversify and grow their economies... As advanced, industrialized countries no longer have to rely on low-wage labor in far-off places, they will take advantage of new technologies and start producing low-end goods closer to home. States that have not yet begun to industrialize will have the hardest time; the longer it takes them to develop over the next few decades, the more difficult it will be for them to do so as the growth of advanced manufacturing elsewhere shrinks the opportunities available for emerging manufacturers." One can imagine what the fall-outs are in the "developping" countries: higher unemployment, more erosion of social services, more migration, social unrest, uprisings, coups, wars, etc . The rise of manufacturing marks the fall of globalization
"Before Donald Trump was elected, stock markets went down every time he improved in the public opinion polls.  Finance capital did not want him to win.  But since his surprise election, stock markets have not slumped.  On the contrary, they have risen substantially along with a strengthening dollar.  It seems that ‘the Donald’ could be a good thing for Capital after all." Testing Trumponomics