Bruce Lerro

1 week ago | socialistplanningbeyondcapitalism.org | Bruce Lerro

What is the main economic fallacy about Mordor’s trade deficit? Whose fault is it that the United States is in the position they are in? Why will the King’s antics not reduce Mordor’s trade deficit? Why will manufacturing jobs not return the the United States? Why are Trump’s antics bad for Mordor capitalists? Look for answers from Michael Hudson and Richard Wolff.

1 week ago | socialistplanningbeyondcapitalism.org | Bruce Lerro

There are many reasons for world consumers to boycott Mordor’s goods and services. For starters, the genocide in Gaza and the war in Ukraine which Mordor supports are two.  But in addition to that, Trump’s disruptive on-again off-again economic policies have taken millions on a roller coster ride. While tariffs on GOODS made in the US are barely significant, the US trade in SERVICES is very high. Included in services are software, financial products and tourism.

2 weeks ago | socialistplanningbeyondcapitalism.org | Bruce Lerro

President Ringmaster thinks he can rumble his way into the world of foreign affairs by throwing his weight around as if it were 1952. That era was a time when a country could negotiate with another country because each country was autonomous. Today countries are interdependent blocks. Iran has been building deep alliances with Russia and China through BRICS long before Trump was paying any attention to foreign affairs. If Trump attacks Iran the response will be triple-faced.

2 weeks ago | socialistplanningbeyondcapitalism.org | Bruce Lerro

Most of you can already appreciate the contrasts between China and Mordor. This is a good article to show your relatives, workmates and neighbors who perceive that the chaos under Trump does not mean the whole world is in chaos. It is the Western world that is in chaos. China is thriving, and contrary to Mordor propaganda, China is open to capitalist investment.

2 weeks ago | socialistplanningbeyondcapitalism.org | Bruce Lerro

This is a good overview of the demonstrations held in major cities across the US and even in the outskirts of Mordor on Saturday against The King of Orange. The article  rightly points out that the protests were organized by the Democratic Party, but that hardly means the crowd members or their signs were limited to Democratic Party slogans. The article also describes the additional protests in five European cities.