As the world hurtles towards environmental oblivion, China is leading the charge. The nation's CO2 emissions are more than twice those of the US with a GDP just two-thirds as large. China leads the world in renewable energy yet it is building new coal-fired power plants faster than renewables. Richard contends that nothing short of drastic shutdowns and the scaling back of polluting industries, especially in China and the US, will suffice to slash greenhouse gas emissions enough to prevent climate catastrophe.

Continuing in the MEP LITERATURE GROUP summer tradition, we will once again delve into Noir genres– but with a twist! Starting August 6, we will read four books and watch the movies that are based on them. Please join us for four books with the four movies that resulted from them.

The study of Volume III is essential to understanding the complex dynamics at work in the present realities we are facing and how these realities are the necessary results of the inner logic of capital. In this moribund stage of late capitalist/imperialist development we see the rise of rentier and finance capital—the introduction of financial instruments being used to make money make more money, jumping over and above the actual real wealth produced by trading on future wealth (derivatives and other forms of fictitious capital); overriding supply and demand as a price mechanism in such necessities as foodstuffs so that their prices continuously rise resulting in more poverty and starvation on a world scale and here in the US; turning new technologies into means of collecting rents—the internet, mobile devices; expropriation of taxes paid by the working class to developers who are often tax exempt while our city and state governments give them tracts of our physical space; commodification of debt; privatization of public spaces, properties and institutions; foreclosures; and the list goes on.