Capitalism: A Ghost Story

by Arundhati Roy

Rockefeller to Mandela, Vedanta to Anna Hazare…. How long can the cardinals of corporate gospel buy up our protests?

CORBIS (FROM OUTLOOK, MARCH 26, 2012)

Antilla the Hun Mukesh Ambani’s 27-storey home on Altamont Road. Its bright lights, say the neighbours, have stolen the night.

Is it a house or a home? A temple to the new India, or a warehouse for its ghosts? Ever since Antilla arrived on Altamont Road in Mumbai, exuding mystery and quiet menace, things have not been the same. “Here we are,” the friend who took me there said, “Pay your respects to our new Ruler.”

Antilla belongs to India’s richest man, Mukesh Ambani. I had read about this most expensive dwelling ever built, the twenty-seven floors, three helipads, nine lifts, hanging gardens, ballrooms, weather rooms, gymnasiums, six floors of parking, and the six hundred servants. Nothing had prepared me for the vertical lawn—a soaring, 27-storey-high wall of grass attached to a vast metal grid. The grass was dry in patches; bits had fallen off in neat rectangles. Clearly, Trickledown hadn’t worked. Continue reading

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“90 Years On and We Are Still Fighting!”

by Gareth Murphy (General Secretary, Connolly Youth Movement)

Today, the fifth of September 2006, 90 years after the anniversary of the 1916 rising The Irish Independent staying true to its colours featured an article by Kevin Myers on John Redmond. The article was entitled ‘A Tribute to a Forgotten Hero!’ This article sums up the essence of Irish State politics, north and south. Whether it is the media, politicians or celebrities like Bono and Bob Geldof, Redmond is the essence of the governing ideology and the governing class.

What is this governing ideology? It is Ireland latching on to imperialism in the hope of being fed its scraps, just enough to keep our wealthy rich and our poor from revolting.

Redmond sent thousands of young men off to die on the continent and fed them the lie of home rule and self-determination. Today Bertie Ahern, without our consent, sells our neutrality and sovereignty (the little 26 counties have) and signs us up to military agreements and wars for a couple of euro and dollars. Fianna Fail, Fine Gael, the PD’s, Labour, the Greens, even parts of Sinn Fein, RTE, TV3, the Irish Times, Bono…the list goes on and on – all support without question global imperialism and Ireland’s role in it and subservience to it. Continue reading

Corporate Taxes: Now Is Not the Time for Ontario to Cut Them

Toronto Star editorial

Low corporate tax rates didn't stop Caterpillar from fleeing London, Ont.

Low corporate tax rates didn’t stop Caterpillar from fleeing London, Ont. ERIC LALMAND/AFP/GETTY IMAGES

Ontario has a $16-billion deficit and since economic growth is projected to be slower than we’re used to, there is no easy way back to balance. No wonder public concern is mounting over how the Liberal government intends to raise revenues and reduce costs in its upcoming budget.

It’s a lot of ammunition for any opposition party to work with. And, this week, Progressive Conservative Leader Tim Hudak firmly picked his battleground: more tax cuts for big business. Continue reading