Home
Paul Craig Roberts
Institute for Political Economy
Does US-Israeli Missile Defense War Game Signal Israeli Attack on Iran?
There’s no word in the Western press, but Aljazeera reports that the US and Israel are conducting tests of the high altitude missile defense system that the US has provided to Israel. The anti-missile system is useless against the short range rockets of Hamas and Hezbollah. Its purpose is to protect Israel from longer range Iranian missiles. Everyone understands that…
Read more »
Are You Ready for the Next Crisis?
The Financo-State Evidence that the US is a failed state is piling up faster than I can record it. One conclusive hallmark of a failed state is that the crooks are inside the government, using government to protect and to advance their private interests. Another conclusive hallmark is rising income inequality as the insiders manipulate economic policy for their…
Read more »
US Joins Ranks Of Failed States
The US has every characteristic of a failed state. The US government’s current operating budget is dependent on foreign financing and money creation. Too politically weak to be able to advance its interests through diplomacy, the US relies on terrorism and military aggression. Costs are out of control, and priorities are skewed in the interest of rich organized…
Read more »
The Rich Have Stolen the Economy
Bloomberg reports that Treasury Secretary Timothy Geithner’s closest aides earned millions of dollars a year working for Goldman Sachs, Citigroup and other Wall Street firms. Bloomberg reports that none of these aides faced Senate confirmation. Yet, they are overseeing the handout of hundreds of billions of dollars of taxpayer funds to their former employers. The gifts of billions of dollars…
Read more »War Criminals Are Becoming The Arbiters Of Law
The double standard under which the Israeli government operates is too much for everyone except the brainwashed Americans. Even a columnist in the very Israeli Jerusalem Post can see the double standard displayed by “all of Israel now speaking in one voice against the Goldstone report”: “This is the Israeli notion of a fair deal: We’re entitled to do…
Read more »Warmonger Wins Peace Prize
It took 25 years longer than George Orwell thought for the slogans of 1984 to become reality. “War is Peace,” “Freedom is Slavery,” “Ignorance is Strength.” I would add, “Lie is Truth.” The Nobel Committee has awarded the 2009 Peace Prize to President Obama, the person who started a new war in Pakistan, upped the war in Afghanistan, and continues…
Read more »Letter to the Editor
This article appeared in the Fall 2009 issue of The Independent Review Paul R. Gregory’s account of Lenin’s suppression of dissident voices (“The Ship of Philosophers,” The Independent Review 13, no. 4 [spring 2009]: 485–92) offers no explanation except that dictators fear dissent. Lenin, however, had an additional reason to brook no dissent. In 1917, he had startled the Marxist world when he…
Read more »Growing Up In America Series – Privilege Displaces Equality
Privilege Displaces Equality was published in CHRONICLES, October 2009 None of us growing up in Atlanta in the 1940s were under the delusion that we were equal. We were aware of a myriad of differences that had nothing to do with race or gender. Some were better football players. Others were better baseball players. Some could run faster. Others were…
Read more »Marx and Lenin Revisited
“Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks.” Karl Marx If Karl Marx and V. I. Lenin were alive today, they would be leading contenders for the Nobel Prize in economics. Marx predicted the growing misery of working people, and Lenin foresaw the subordination of the production…
Read more »How the Feds Imprison the Innocent: New Book Confirms Tyranny of Good Intentions Thesis
Authors of serious books seldom have cause to celebrate, but Larry Stratton and I have two reasons to open the champagne. Crown Publishing, a division of Random House, has announced a second printing of the second edition of The Tyranny of Good Intentions, and the noted civil libertarian and defense attorney, Harvey Silverglate, has just published a book covering many of…
Read more »