Below is my weekly summary/preamble, spoilered so that you can get down into the comments more easily.
preamble
I don’t think I’ve ever seen a ceasefire that, for weeks, is so obviously about to be broken at any given moment and yet nonetheless continues. So-called Operation Freedom may mark a resumption of hostilities, as the US seems to once again be trying an active role in attempting to take control of the Strait of Hormuz. The initial, ridiculous claim was that the US Navy would itself be escorting ships (i.e. just getting your destroyers sunk for no reason), and as expected, this was just said to try and calm markets. Nonetheless, there is reporting that other military measures may be taken against Iran soon if they continue to keep the Strait closed, so we’ll see how that all goes.
US gas prices at the pump have hit close to record high numbers, and generally the average citizen is growing mightily displeased with Trump, even those in previously safe demographics. Unfortunately, this discontent is not immediately geopolitically relevant - as both parties are staffed from top to bottom with pro-war Zionists with only a small group of exceptions, and third parties will necessarily never be allowed to take power, there is no way for US public discontent to manifest itself in a change of policy. What is more likely to cause changes in policy will be grumbling from American capitalists, of which there are many factions. The fossil fuel capitalists seem perfectly content for this situation to continue indefinitely, with record profits. I imagine the financial sector is pretty nervous, but aren’t currently demanding Trump cease fire - same for the tech industry which has now been engulfed in AI, as the bubble seems to be close to, but not quite, popping. Smaller businesses and agriculture are perhaps the most likely to be crying uncle, but may have limited representation.
Going back to Western Asia, the situation from last week has remained broadly the same. The Zionist tactic in Southern Lebanon appears to essentially be “If we can’t occupy this land, then you won’t be able to, either,” as they are doing their utmost to physically destroy as many towns and villages on the border as possible. Hezbollah’s success at keeping Zionist territorial gains fairly minimal, and the growing onslaught of not only anti-tank guided missiles but also FPV drones causing chaos where the Zionists attempt to hold and advance, have, I believe, partially contributed to Iran not pushing the issue of a comprehensive ceasefire in Lebanon so far as to cause them to feel the need to resume fire on the occupied territories.
The US blockade has truly been a mixed affair. While it’s obviously quite leaky and many Iranian ships are getting through, Naked Capitalism and others have pointed out that it’s not just Iranian ships that are transporting goods, and that there are ~70 Chinese ships with Iranian oil that are much less willing to risk running the blockade. But, once again, the success of the blockade isn’t all that relevant. Iran has experienced periods of a couple years straight without meaningful oil exports and survived, and their extensive land borders make a true siege impossible - goods can and are still pouring into the country, and with Pakistan recently allowing Iranian exports through their border, as well as the Caspian Sea in the north and Iran’s railway link to China, Iranian exports can still leave just fine. Another interesting indication is that China’s government has ordered Chinese businesses to ignore US sanctions against Iranian oil, so we’ll see how that develops. And while the issue of maintaining sufficient public cohesion in the wake of economic suffering is a potential long term problem, we haven’t yet seen any meaningful scenes of public discontent inside Iran. Internal unity appears to be staying at record levels in the face of total war.
Even being as careful as possible to check my own biases, it’s difficult for me to form any other conclusion other than that Iran is winning, and people like Armchair Warlord have even pointed out that American tactical victories have been pretty minimal so far.
Last week’s thread is here.
The Imperialism Reading Group is here.
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The bulletins site is here. Currently not used.
The RSS feed is here. Also currently not used.
The Zionist Entity's Genocide of Palestine
Sources on the fighting in Palestine against the temporary Zionist entity. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on the Zionists’ destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
Mirrors of Telegram channels that have been erased by Zionist censorship.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia’s youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don’t want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it’s just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists’ side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR’s former Defense Minister and Colonel in the DPR’s forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster’s telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a ‘propaganda tax’, if you don’t believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.


“Whirlpool has paid a dividend through 10 U.S. recessions and every global crisis since the 1950s. But the American manufacturer’s cash crunch has gotten so severe that it is suspending that payment until further notice,” per WSJ
10 recessions in 70 years. Totally normal system, cant do better than this, sorry.
If you study economics you’ll learn that recessions are due to workers expecting too much money for work and the government babying them too much with welfare programs. That’s what my economics textbook said, at least
I love asking people who believe that shit to give an example of the “wage price spiral” just to watch their heads spin as they realize they werent given any examples cause its not a real thing lmao
Economics is totally real and not something I just made up to benefit myself
It’s like 50% real math/statistics within arbitrarily constrained models (or relying on wild sociological/psychological assumptions that don’t stand up to scrutiny), 20% creatively reformatting/subsuming Marxian concepts into capitalist-friendly language, 20% ideological wishcasting, and 10% decent science (that is still assumed to be universally true rather than true within a liberal system). Adjust the numbers as needed.
Most concepts I’ve seen taught have to be implicitly appended with “assuming rational actors [assuming this specific definition of rationality]” or “if we take private property as a given or sacred value” or "in order to maximize efficiency [efficiency means extraction of surplus value {surplus value doesn’t exist because everything is valued according to its marginal utility (marginal utility is a first principle don’t examine it dialectically DON’T EXAMINE IT DIALECTICALLY )}]"
that’s what caused late 60s inflation though, but it was swallowed in scale and reaction by oil crisis later
There has never been an example of the wage price spiral irl so I’m not sure what youre referring to. Wages rise because we demand higher wages in response to prices that have already risen.
what happened between 1969-1972? stalled out productivity, rising inflation (this is all before oil shock and volcker).
i’m not saying this have any relevance to modern “we will fuck workforce by bankrupting firms, so that they don’t get too uppity”. in full keynesian employment, it can happen
Just because there was inflation doesnt mean it was caused by the so called wage price spiral. It doesnt exist; wages rise in response to prices that have already risen. Marx talked about this in Price Value Profit. Michael Hudson iirc goes over the myth of the spiral. Its a scare tactic the ruling class uses to dupe workers into not aksing for fair wages.
and i’m saying it happened exactly once, and forced switch to neoliberalism, fiat currency and expansion of manufacturing into asia as a capital accommodation. the leverage to get more money was broken, and they should have pushed for more control of workplace a that point. you can’t increase basket of goods worker receive without increase in productivity or decreasing rate of profit (which at some point becomes 0 if this goes on without inflation), thus capital rebels and starts increasing prices like for like if not more from union renegotiations, thus inflation.
it has nothing to do with covid shit, where they just gouged, and profit rates inside amerikkka arer still elevated beyond the norm to this day, cause workers reacted even less strongly than anticipated.
1920s germany is cited as an example of wage price spiral by James Wray. He theorized that the hyperinflation was only possible bc there was full employment and the sectors the money printers were after were also at full capacity.
I guess it differs. We were taught many theories of crisis, from Marx to Minksy. That is, we were taught that the idea of endogenous crisis under capitalist production is something to be taken seriously. I assumed this became common following the Great Financial Crisis. I remember my first day opening with some quote from Greenspan being like “man, I had no idea this shit could happen”, highlighting that the mainstream orthodoxy had gotten it badly wrong. The closest to your textbook we ever got was, you know, inflation targeting, the Phillips curve and whatnot… But even that was caveated with the idea that, with open capital flows and floating exchange rates, currency sovereignty is an illusion anyway (Mundell-Flemming trilemma, innit). But I dunno. I studied in the UK, with staff that mostly came from SOAS, some of whom were Marxist (some post Keynesians as well).
Price signal theorists please explain why an efficient market would do that
the invisible hand of the market was the mad, blind demiurge all along
have I invented price signal gnosticism
Unfortunately Marx and Engels beat you to it [German Ideology]:
dang it can’t get anything past those two
This is their best work
washed
So good