Category Archives: World Economy

Obama: A Corporatist President

President Obama goes ‘above and beyond’ for corporations “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power” ― Benito Mussolini In 2008, presidential candidate Barack Obama ran on core, progressive principles that the majority of the nation was in favor of. He ran on the promise of ‘change,’ in an economic climate where the country wanted someone who would fight for the… Read More »

Austerity Rejected By France

Socialism over austerity On May 6th, the People of France voted out right-wing incumbent Nicolas Sarkozy, and elected socialist Francoise Hollande for president. Hollande will lead the first socialist government in over two decades. According to The Nation, “Greece has voted loudly, if incoherently, against the austerity program imposed by the EU and IMF. Across Europe.” Here is a short video of the French celebrating the outcome of the election:… Read More »