Beijing | Occupy World Writes

*Protesters march along a street in Beijing on Nov. 28, 2022.*
*Noel Celis/AFP via Getty Images*

Teresa Wright, California State University, Long Beach

Street protests across China have evoked memories of the Tiananmen Square demonstrations that were brutally quashed in 1989. Indeed, foreign media have suggested the current unrest sweeping cities across China is unlike anything seen in the country since that time.

The implication is that protest in China is a rarity. Meanwhile, the Nov. 30, 2022, death of Jiang Zemin – the leader brought in after the bloody crackdown of 1989 – gives further reason to reflect on how China has changed since the Tiananmen Square massacre, and how Communist party leaders might react to unrest now. Continue reading →

Fueled by years of record-low interest rates, a new housing crisis is rearing its head from London to L.A. This time, however, it will not go uncontested.

By Jerome Roos. Published 10-28-2015 at ROAR Magazine

A protest for increased corporate taxes and affordable housing in San Francisco.

Capitalism is a strange beast. Though incredibly resilient in the face of systemic crises and remarkably adaptive to ever-changing conditions, it never truly overcomes its structural contradictions. As the Marxist geographer David Harvey often points out, it merely displaces them in space and time.

The global financial crisis of 2008-’09 has been no exception in this regard. In fact, the very response to that calamity has already laid the foundations for the next big crisis. And just like its immediate predecessor, it looks like this one will be centered, at least in part, on a massive speculative housing bubble. Continue reading →

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