Sunday Morning at the Marxist Library

November 22, 2020 @ 10:30 am – 12:30 pm America/Los Angeles Timezone
Online via Zoom

Sunday Morning at the Marxist Library

November 22, 2020 @ 10:30 am – 12:30 pm


Sun, Nov 15, 2020: 10:30 am to 12:30 pm
The Ongoing War on Syria & Why it Matters |
Rick Sterling will discuss the current situation in Syria and future prospects if Biden assumes the Presidency. Unreported in mainstream media, the US and allies continue to wage hybrid warfare on Syria – economically, politically, judicially and militarily. Why does the US persist in attacking Syria, preventing it from recovering and harming millions of Syrians? Will this change with a Democrat in the White House?  Why has this struggle become a focal point of East – West conflict? What are the best and worst things that could happen?
   Rick Sterling is on the Steering Committee of Syria Solidarity Movement.

He is an independent journalist who has written many articles about Syria..
The meeting will be opened up, as usual, at 10:15 for anyone to join and discuss technical matters, catch up with each other, say Hi, etc. We Intend to start the presentation as close to 10:30 am as possible. The program (and recording) will end at 12:30, but the Waiting Room will remain open for informal discussion.

Raj Sahai’s Zoom Meeting. (TO BE CONFIRMED)

Sun Nov 15, 2020 10:15am – 1:15pm Pacific Time

Meeting ID: 259 108 2607

Passcode: 6MwQP7


Sun, Nov 22, 2020: 10:30 am to 12:30 pm

How the US Dominates the World Economy: Failings of Modern Monetary Theory and why the US can print trillions of dollars and not experience inflation.

Stansfield Smith will explain how the US control of the world economy since the end of World War II has enabled it to bully the world’s countries into depending on the US dollar and using it as the international currency. This requires world countries to amass quantities of dollars to operate and to pay the cost of upholding the value of the dollar, which includes investing in the growing US debt. This also explains how the US can use its economic sanctions to punish countries that seek independence from US control. While Modern Monetary Theory gives an account of why the US can continue to print vast sums of money and suffer little inflation, its explanation avoids confronting the reality of US control of the world financial structure.

Stansfield Smith’s presentation is based on his articles: Inadequacy of Modern Monetary Theory and the Power of the US Dollar in the World Economy and Why the US Can Keep Increasing its Debt and not Suffer Inflation.
Stan Smith has been involved in the Freedom for the Cuban Five movement and the movements in defense of the sovereignty of El Salvador, Cuba, Venezuela, and other Latin American countries for 40 years. He has written numerous articles such as: First Two Months in Power: Hitler vs. TrumpWhat North Koreans ThinkFraming North KoreaIs Russia imperialistChina’s International Solidarity Aid to the World During the Corona PandemicChomsky and Other Liberal Intellectuals Ask Us to Join Them in Throwing in the Towel. He produces a weekly compendium of articles on Latin America at


Sun, Nov 29, 2020: 10:30 am to 12:30 pm (Thanksgiving weekend)
TENTATIVE: Abhinav Sinha on the International Working Class
Our speaker is editor of the renowned Hindi magazine ‘Muktikami Chhatron-Yuvaon ka Aahwan.’

Sun, Dec 6, 2020: 10:30 am to 12:30 pm
The Logic of Capitalist Production and Marx’s Ecology
Even many Marxists are convinced that Marx believed in production without limitations, and thus Marx was oblivious to the question of ecology of the planet. Today the world is caught in a double jeopardy: on one hand capitalism is reducing workers’ organized bargaining power by production shifted to lowest wage countries pitting workers of one country against another and on the other capitalist production is consuming the resources of the planet provided by Nature rapidly while massively polluting land, water, and air. Since the fall of the USSR, China has been touted as the successful model of socialism using the capitalist market, or what is termed as “Market-Socialism”. This leads workers in US with no hope unlike in 1930s when they saw hope after the revolution in the USSR and workers had state power and were constructing socialism. A section of the US workers were drawn to a demagogue, namely Trump in the US and in India a majority of workers followed another demagogue: Modi in India. This trend is also developing in other countries. Raj Sahai will analyze this situation in the first hour and then in the second invite comments from the audience.

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