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The end of capitalism has begun

The red flags and marching songs of Syriza during the Greek crisis, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of an …

Capitalism

Stowaways and Crimes Aboard a Scofflaw Ship

CHIOS, Greece — The rickety raft made of empty oil drums and a wooden tabletop rolled and pitched with the waves while tied to the side of the Dona Liberta, a 370-foot cargo ship anchored far from land in the Atlantic Ocean off West Africa.

“Go down!” yelled a knife-wielding crew member, forcing two …

Boating

This scary map shows the huge swaths of New York City that will be underwater in 200 years

1.8 million people could be displaced if the planet warms by two degrees Celsius.

Take a lot of pictures of New York City, because your descendants might not be seeing much of it.

What was once known as Lower Manhattan will be absorbed into the sea; Coney Island will become Coney Sandbar; and you …

New York City

Netanyahu pivots to Asia

Fractious relations with the West are prompting Israel to turn elsewhere

THE outcome of a vote on July 3rd at the United Nations Human Rights Council …

Middle East

Four Ways To Fund A Presidential Campaign

In the era of super PACs and nonprofit political groups, the money presidential candidates raise for their own campaigns is often dwarfed by what …

Fundraising

En Espagne, Podemos se dit favorable à l'accord européen, en soutien de Tsipras

Ailleurs.

Le chef du parti espagnol de gauche Podemos, Pablo Iglesias (photo AFP), proche du Premier ministre grec Aléxis Tsipras, n'aime pas non plus …

Why the approach economists have taken to growth in Africa has failed chronically

There has been a chronic failure among economists to explain growth in Africa.

The methods and analytical angles they have used to explain relative failure in Africa were conceived in the 1990s, but these were unsuitable for explaining growth in the 1960s or growth since the 2000s.

There is no …

Africa

Angela Merkel told a sobbing girl she couldn't save her from deportation. It was a lie.

This is a video of German Chancellor Angela Merkel telling a sobbing Palestinian teenager that she cannot stay in Germany because the country "just …

Angela Merkel

Giving and Getting

I like that, he said in the hospital, where I was rubbing his feet which were dry and smelled a bit. Ahh, he said, ahhh, as I worried what the nurse …

Donald Trump

Greece’s Government Battles Private Media - WSJ

ATHENS—Greece’s government, wrestling with its creditors in Europe, is battling another foe at home: the Greek media.

Authorities here last week launched investigations into a number of privately-owned media organizations for what they said was possible biased and one-sided reporting against the …

Greece

It’s Christmas in July as Amazon rivals launch their own versions of Prime Day

As Amazon kickstarts Prime Day — a day of deals it says will be bigger than Black Friday — rival retailers are introducing their own one-day sales. Tech site Newegg is also using July 15th to run its own 24-hour promotion. The company's FantasTECH sale is already offering hefty discounts on …

Amazon

Amazon’s profitless path

Twenty years ago today Amazon sold its first book, created the first online book store and went on to become a hugely profitable internet superpower. Today it's celebrating that anniversary with Amazon Prime day, 24 hours of special offers which will be the biggest day of e-commerce the world has

Amazon

Noodletown’s Chinese Charcuterie Tastes Best In the Middle of the Night

Great NY Noodletown, Chinatown
Open until 4 a.m., seven days

28 Bowery, (212) 349-0923

During her tenure at the New York Times, Ruth Reichl reviewed …

Asia

International Monetary Fund Proposed Greek Debt Relief

FRANKFURT — The International Monetary Fund, which has helped Greece make the case that the country’s staggering debt load is unsustainable, proposed last weekend that eurozone creditors should consider letting Athens write off part of that debt or at least make no payments on it for 30 years.

Those …

Greece

The I.M.F. Is Telling Europe the Euro Doesn’t Work

It reads like a dry, 1,184-word memorandum about fiscal projections. But the International Monetary Fund’s memo on Greek debt sustainability, explaining why the I.M.F. cannot participate in a new bailout program unless other European countries agree to huge debt relief for Greece, has provided the …

Europe

Mexican authorities release video showing the moment Sinaloa cartel boss 'El Chapo' escaped prison

Mexico National Security Commission/Amanda Macias/Business Insider

As the search continues for the Sinaloa cartel boss Joaquín "El Chapo" Guzmán Loera, Mexican authorities have released new video showing the moment he escaped from a maximum-security prison.

Mexican national security commissioner …

Sinaloa Cartel

Amazon Dreams Up a Sale in a Calendar Bursting With Them

Rollback. Doorbuster. Blowout prices. Do those words mean anything anymore?

Even Black Friday is fast getting lost in the blur of perpetual discounts as some of the nation’s biggest retailers go head-to-head Wednesday in a new midsummer event — yet another addition to an annual sales calendar packed …

Amazon

Free: Listen to John Rawls’ Course on “Modern Political Philosophy” (Recorded at Harvard, 1984)

Some of the most-referenced Western political thinkers—like Thomas Hobbes, John Locke, and Thomas Jefferson—have taken hierarchies of class, race, or …

Political Philosophy

China calls for Iran-style nuclear talks with North Korea instead of sanctions

The successful outcome of the Iran nuclear talks shows China’s mantra of relying on talks rather than sanctions and threatening force is the correct approach, and one that should be applied to North Korea, the Beijing government’s official newspaper has said.

Under the deal sanctions imposed by the …

UK Politics

'Rising' Iran asserts right to play constructive Middle East role

Every Friday, under the soaring minarets of the Imam Khomeini mosque in Tehran, tens of thousands of the faithful prostrate themselves in prayer after sermons that combine religious piety with the strategic goals of the Islamic Republic of Iran. Ritualistic cries of “Death to America” or “Death to …

Middle East

Taliban leader Mullah Omar hails peace talks to end Afghanistan war

Taliban leader Mullah Omar has hailed as “legitimate” peace talks aimed at ending Afghanistan’s 13-year war, in his first comments on the nascent dialogue.

“If we look into our religious regulations, we can find that meetings and even peaceful interactions with the enemies is not prohibited,” the …

South Asia

Taiwan Turns Light on 1947 Slaughter by Chiang Kai-shek’s Troops

TAIPEI, Taiwan — It took Faith Hong about a half-hour to blast through a century of history and a lifetime of propaganda.

That is her mission as a volunteer at the Taipei 228 Memorial Museum, where she guided her visitors from mainland China through the somber displays, describing the events that …

Taiwan

Greece wins euro debt deal – but democracy is the loser | Paul Mason | Paul Mason

After an all-night negotiation during which Greek prime minister was subjected, according to one observer, to “mental waterboarding”, there is the …

Greece

The Selected Letters of Charles Dickens review – the man behind the novels

On 19 April 1842, while in Cincinnati, Charles Dickens wrote a brief note to Rebecca Nichols, thanking her for her letter about The Old Curiosity Shop. It goes, in full:

My Dear Madam,
I am very much obliged to you for your beautiful lines on the death of Nell, which I have read with great interest …

Charles Dickens

Citizenfour's Laura Poitras suing US government over 'harassment'

The Oscar-winning documentary film-maker Laura Poitras is suing the US government demanding to know why she has repeatedly been subjected to “Kafkaesque harassment” at airports across the world.

Poitras, 51, said she had been held at borders more than 50 times between 2006 and 2012, often for hours …

UK Politics

Australian Editor and Thai Colleague Appear in Court Accused of Defaming the Thai Navy

Alan Morison and his Thai colleague Chutima Sidasathian face up to seven years in prison if convicted

Two Thailand-based journalists appeared in court Tuesday to answer criminal defamation charges over their citing of a Pulitzer Prize–winning Reuters report that alleged certain members of the Thai …

Asia

The kitchen sink

HILLARY CLINTON had probably hoped to avoid the usual rollercoaster of American presidential campaigns, in which candidates must first swing towards …

Hillary Clinton

French Cable Baron Targets U.S.

Time Warner Cable Inc. chief executive Robert Marcus got a visit in late May from a little-known French billionaire who, only days earlier, had stunned markets with a $9.1 billion takeover of one of the U.S. cable firm’s smaller rivals.

Striding into the cable giant’s office overlooking Central …

Time Warner

The Pope's Ecological Vow

In the days just before its publication, those involved in drafting the pope’s controversial eco-encyclical Laudato Si’ were much exercised about how it would be received by conservative critics. But Pope Francis, Vatican insiders tell me, was unfazed. He remains so in the face of the onslaught of …

Environmental Movement

Capitalism and Slavery

A daguerreotype of fugitive African-Americans fording the Rappahannock River, 1862Last week, Columbia University presented the Bancroft Award to two …

Capitalism