Solidarity

Rich and Poor

rich and poor
The idea that the rich is a necessity for the economy to function is one of the most defended ideological mantras of capitalism.

Author: Ernesto Estévez Rams | internet@granma.cu

September 1, 2022 23:09:09

Photo: Illustrative
There’s a worrying sign in the University of Michigan’s survey of consumer trends: “The problem is that wealthy Americans aren’t excited, and that may signal further pain ahead for markets and the economy as a whole.” . The rich do not want to spend and, as a consequence, everyone suffers.

CNN clarifies that the top 20% income segment is responsible for up to 40% of US consumer spending, according to data from the Bureau of Labor Statistics. An economy based on consumption suffers if there is a contraction of this.

CNN is concerned about how that will be reflected in the stock values ​​of the nation’s top consumer companies: Amazon, Home Depot, among others. Per capita spending using credit cards has fallen, a bad sign for banks and finance companies.

CNN does not speak, as a possible solution to the problem, of horizontalizing consumption more, so that it is not concentrated in the richest segment. That is, make society more equitable. The idea that the rich is a necessity for the economy to function is one of the most defended ideological mantras of capitalism: without the rich there will be greater poverty.

The idea is not only defended in the US, it is constantly exported to all corners.

Disguised as unquestionable reality, the ideology of the economic need of the rich is just a myth. A myth carefully erected and cared for. The stubborn reality shows another side: the rich get rich at the expense of the poverty of others, not in favor of them. Continue reading Rich and Poor →

Solidarity

FRANK VERGARA PRESENTE

 

Casa de las Américas de NY se une a la pena que enmbarga a los familiares y amigos del compañero Frank Velgara
en su transición física. Valorizamos con mucho respeto y admiración la labor aportada por este a la causa de Cuba, su lucha por la independencia de su patria Puerto Rico y su solidaridad con todas
las causas justas del mundo. Vida eterna para el compañero Frank Velgara.
Directiva de Casa de las Américas.
Jaime Mendieta
Nancy Cabrero
Gilberto Villa
Franklin Flores

Cuba and China

Cuba and China hold political consultations

Cuba and China hold political consultations

The Cuba-China political consultations, held in virtual format this Tuesday, give continuity to the exchanges held at different levels and in different formats this year, as an expression of the high priority that both governments grant to their close ties of friendship and cooperation

Author: International Writing | internacional@granma.cu

August 23, 2022 22:08:19

The Cuba-China political consultations, held in virtual format this Tuesday, give continuity to the exchanges held at different levels and in different formats this year, as an expression of the high priority that both governments grant to their close ties of friendship and cooperation.




The Vice Minister of Foreign Affairs of Cuba, Anayansi Rodríguez Camejo, and her Chinese counterpart, Xie Feng, highlighted the excellent state of bilateral relations, while ratifying the common will to continue strengthening the inter-ministerial dialogues.

The parties highlighted the high level of agreement, coincidence and reciprocal support in international organizations, always in favor of multilateralism, the principles of International Law and the role of the United Nations, reported the CubaMinrex site.

The Vice Minister thanked the Asian giant for its solidarity, and acknowledged its invariable position of condemning the blockade imposed by the United States on Cuba.

For his part, Xie Feng recognized Cuba’s position of unrestricted support for the “one China” principle and rejection of interference in its internal affairs.