PRAGOTI

John Bellamy Foster is editor of Monthly Review magazine, a leading socialist magazine published in the United States. Time and again, MR as it is popularly known has written theoretically about the crisis ridden nature of capitalism and had predicted the current financial crisis long ago. Foster talks to Pagina 12, an Argentinian newspaper published from Buenos Aires. Interview, courtesy MRZINE.org .

"In the "About" section on our webpage we say: Monthly Review has kept a steady viewpoint. That point of view is the heartfelt attempt to frame the issues of the day with one set of interests foremost in mind: those of the great majority of humankind, the propertyless. But of course that audience cannot afford the subscriptions that make it possible for Monthly Review to exist, nor likely the web access that would make it possible to read us online. For those on whose financial support we rely, no doubt their endangered pension funds are now uppermost in their minds, and reasonably so. Yet the contradiction is that they are not those whom, in the last analysis, we seek to address."

Pragoti carries this post from Monthly Review as a mark of solidarity.

Pepe Escobar, the senior News Analyst for the Real News Network, in his own inimitable style describes the latest bailout moves made in the US to address the financial crisis. A computer generated transcript is also provided along with the video. Video, courtesy Real News Network.