Sunday, October 6, 2024

Weekend Edition: 135.9 Million Reasons Why the Working Class Is So Angry

 


Sunday, October 6, 2024

■ Today's Top News 


Tim Walz Goes on Fox News and Attacks Trump's Economic Agenda

"Donald Trump kept his promise. He cut taxes for the wealthiest."

By Common Dreams Staff


Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, went on Fox News on Sunday morning to lay out the case for the Democratic ticket and attack Republicans' economic policies.

In a 15-minute interview with Fox News Sunday host Shannon Bream, Walz pushed back on many right-wing talking points and drew a sharp distinction between the two parties economic leadership. He celebrated the work of U.S. Vice President Harris, the Democratic presidential nominee, and attacked former President Donald Trump, the Republican presidential nominee.

"We saw a blockbuster jobs report this week," Walz said. "We saw interest rates come down, and we've also seen that Vice President Harris is laying out a middle-class agenda."

"I was in Ohio yesterday, in Cleveland, in Cincinnati, and talking about this," he added. "Folks in Ohio know that Donald Trump's policies led to 180,000 manufacturing jobs leaving."

Walz mentioned the high unemployment rates that the U.S. faced when Trump left office, though those were affected by the pandemic, as well as Harris' intention to address price gouging by corporations, a popular initiative.

Walz drew particular attention to Trump and Harris' tax plans.

"I think the fundamental difference here is, Donald Trump kept his promise. He cut taxes for the wealthiest," Walz said, before explaining that Harris, on the other hand, was "asking those at the top to pay their fair share" so as to pay for programs such as the child tax credit.

Bream tried to corner Walz on abortion and immigration but the governor maintained his composure, seeming to be more poised than he had been during the vice presidential debate on Tuesday night. He called Bream's inquiries into whether there would limits to late-term abortions a "distraction."

Bream also grilled Walz on some personal statements that have been called into question. Seeming to want to draw a contrast with Trump, Walz said "I will own up when I misspeak."

This was Walz' first appearance on a Sunday morning talk show since he was named Harris' running mate. Both Dana Bash and Jake Tapper of CNN have recently commented on Harris and Walz' absence from television programs, suggesting they should make more appearances.



Greta Thunberg Detained at Brussels Climate Protest Against Fossil Fuel Subsidies

"Our politicians have failed us," a campaigner said. "European leaders' continued support for the fossil fuel industry raises serious questions about their commitment to effective climate action."

By Edward Carver


Renowned activist Greta Thunberg was detained on Saturday at a climate protest in Brussels aimed at ending European Union fossil fuel subsidies.

The protest included hundreds of campaigners from Extinction Rebellion and other groups; they came together under the name United for Climate Justice (UCJ). One group of them marched in an area near the European Parliament, while another group that included Thunberg blocked a section of the Boulevard du Jardin Botanique.

"Our politicians have failed us," Paolo Destilo, a UCJ spokesperson, told Politico. "European leaders' continued support for the fossil fuel industry raises serious questions about their commitment to effective climate action."

Another UCJ spokesperson, Angela Huston Gold, pointed to devastating floods that recently hit Europe and Africa as a warning sign for the planet.

"Increasingly frequent and extreme natural disasters are likely to claim a billion victims by the end of the century, mainly due to the use of fossil fuels," Huston Gold said in a statement, citing a 2023 study in Energies, a journal. "To avoid ecological and social collapse, fossil fuel subsidies must end now."

The European Commission published a report last year showing that the EU spent 123 billion euros ($135 billion) on fossil fuel subsidies in 2022, an increase on previous years that was caused by policy decisions following Russia's invasion of Ukraine. (2022 was the last year included in the report.) The Organization for Economic Co-operation and Development listed still higher figures for 2022.

EU's Eighth Environment Action Program, which entered into force in May 2022, calls for a phaseout of fossil fuel subsidies, but national governments haven't taken action, so progress is "uncertain," according to the European Environment Agency, which is part of the EU.

Thunberg on Saturday told Politico that European Commission President Ursula von der Leyen, who's been in office since 2019, was not a green champion.

UCJ on Tuesday sent an open letter to von der Leyen and other EU institutional leaders calling for a phaseout of fossil fuel subsidies by 2025. "The EU should provide technical and financial assistance to member states facing challenges in meeting phaseout deadlines and offer incentives for achieving milestones ahead of schedule," it says.

Staffers at the European Commission were in fact among the demonstrators in Brussels on Saturday, Politico reported.

"There's a lot of tools the institutions have now to fight climate change, but since the [European Parliament elections in June] there's been a lot of backtracking," one commission staffer told Politico, given anonymity in order to speak freely.

"It's now all about competitiveness and the 'clean industrial deal,' whatever that means," the staffer added. "The urgency has been lost—the Parliament has shifted to the right, the commission in many ways has shifted to the right—and discussion of the climate has faded into the background."

Thunberg, who's now 21, came to fame as a 15-year-old activist in Sweden who helped form the global school strikes for climate movement. She's been arrested numerous times, including at a pro-Palestinian demonstration in Denmark earlier this month.

Thunberg and other activists who sat with interlocked arms on the Boulevard du Jardin Botanique were arrested and taken to the police station, according to The Brussels Times.



Israel Steps Up Attacks in Gaza and Lebanon

The Israeli military announced a "new phase" of the war in Gaza while conducting its most severe airstrikes so far in Beirut.

By Common Dreams Staff

Israeli forces stepped up attacks in both the Gaza Strip and Lebanon overnight and into Sunday.

Israeli forces bombed a mosque and a school-turned-shelter in Gaza, killing 26 and injuring dozens more, according to the Palestinian health ministry; the Israeli military described the two sites as Hamas "command and control centers" but provided no evidence.

The Israeli military also on Sunday announced a "new phase" of the war in Gaza, issuing new evacuation orders that cover most of the northern part of the enclave, The New York Times reported. The military said it would send more soldiers and weapons to Gaza to "destroy terrorist infrastructures and undermine Hamas' capabilities until all the war's goals are achieved."

Al Jazeera's Moath al-Kahlout reported that "the situation here in northern Gaza is deteriorating as the Israeli army intensifies its bombing." He said that children, women, and journalists were among the victims.

"An entire family was killed by the Israeli army in the overnight attacks," he added.

Meanwhile, Israel conducted the "most severe" airstrikes so far on Beirut, "pounding" the city overnight, according to The Guardian. The strikes were in southern Beirut and its suburban outskirts, which are seen as a Hezbollah stronghold and have been heavily targeted by Israeli forces for the past two weeks.

Al Jazeera journalist Ali Hashem, reporting from Beirut, described a "massive air strike" on Sunday near the city's international airport—an area that Israel has been bombarding for days. He said that daytime strikes are particularly harrowing.

"During the nights there are warnings," Hashem reported. "During the days there are no warnings."

Hashem said that emergency services have been prevented from getting into the suburban area where many of the strikes are taking place.

The Lebanese health ministry said Sunday that 23 people were killed and 93 injured in Israeli strikes on Saturday.

The Israeli military continues to advance its ground incursion in southern Lebanon. On Sunday, it ordered people in 25 villages to evacuate immediately, "signaling it's expanding its ground offensive," Al Jazeera reported

Filippo Grandi, the United Nations' high commissioner for refugees, visited Beirut on Sunday and called for a cease-fire—saying it was "desperately needed"—and international humanitarian aid.



Concerns Raised About Toxic Exposure in Aftermath of Helene Floodwaters

"All of these rivers should be treated as hazmat sites," a local official in western North Carolina said.

By Edward Carver

Local officials, academic researchers, and volunteer responders have raised concerns about chemical and biological contamination brought by the floodwaters of Hurricane Helene in the southeastern U.S. last week, which potentially threaten the safety not only of drinking water but also the quality of soil—leading experts to call for tighter regulations on stored pollutants.

Helene struck Florida as a Category 4 hurricane on September 26 and swept through a number of states in the days that followed. Most of the damage came from extreme rainfall that triggered flooding. The storm killed at least 232 people.

The biological and chemical threats posed by floodwaters are typically manifold, often containing, for example, e. coli from overflowing sewage systems.

While it's not yet clear what bacteria or chemicals Helene's floodwaters may have contained, the storm passed through hundreds of industrial sites with toxic pollutants, including paper mills, fertilizer factories, oil and gas storage facilities, and even a retired nuclear plant, according to three researchers at Rice University, writing in The Conversation this week.

The researchers called for tighter regulations on the storage and release of chemical pollutants.

"Hazardous releases remain largely invisible due to limited disclosure requirements and scant public information," they wrote. "Even emergency responders often don’t know exactly which hazardous chemicals they are facing in emergency situations."

"We believe this limited public information on rising chemical threats from our changing climate should be front-page news every hurricane season," they added. "Communities should be aware of the risks of hosting vulnerable industrial infrastructure, particularly as rising global temperatures increase the risk of extreme downpours and powerful hurricanes."

The devastation of infrastructure and the lack of drinking water in cities such Asheville, North Carolina, has rightly received national media attention following the storm. In North Carolina alone, more than 700,000 households lost power, and 170,000 still didn't have it as of Thursday.

Yet the National Weather Service warns that while floodwaters can create clear-cut devastation, "what you can't see can be just as dangerous." Helene also brought with it public health concerns that are less obvious, including to other, non-public sources of drinking water.

Helene's floodwaters overran many wells, rendering them unsafe to drink, at least until treatment and testing can be done. North Carolina's Department of Health and Human Services advised residents not to use contaminated well water earlier this week.

One problem following Helene is that most studies of flooding's impact on drinking water have been done in coastal areas, and it's not clear how they apply to the mountainous areas of North Carolina that took the worst hit from the storm.

"We don't have a lot of knowledge about mountain flooding, from a hydrology standpoint," Kelsey Pieper, a professor in environmental engineering at Northeastern University, told Inside Climate News.

"Water velocities tend to be higher in mountain floodings because it's getting funneled into the valley, where the water is accumulating. In a coastal area, you’re going to see more water spreading out," she said. "The flooding mechanisms are different, and we know very little."

Wells tested in eastern North Carolina after Hurricane Florence in 2018 showed some detections of e. coli or total fecal coliform, which were partly attributed to industrialized hog farms in the area, Inside Climate News reported.

Crops are often rendered unsafe after flooding due to biological or chemical contamination, according to Food Safety Alliance.

Natural bodies of water are also often unsafe to swim in following floods. Virginia Department of Health and other agencies warned people to avoid them after Helene.

The period after a tropical storm brings increased risk of both biological contaminants, such as bacteria and viruses, and chemical contaminants, such as heavy metals and pesticides, according to the Duke University Superfund Research Center.

Following Helene, a grassroots volunteer cleanup effort has sprung up in western North Carolina, but it brings risks for the volunteers because of the potential contamination.

"We were supposed to get a big shipment of gloves, coveralls, masks, respirators, but we aren't," Rachel Bennett, a coordinating volunteer in the town of Marshall, which sits along the banks of the French Broad River, told the Citizen Times, an Asheville newspaper. "So, we're hoping to get more. Those are the big things because we're in cleanup right now. We need thick things."

"Right now, it's boots, and it's hard to get people to put on gloves, because when you're in this, you're like, 'I'm already exposed,'" she added.

A Marshall resident conducted a soil test this week but the results haven't come back yet, the newspaper reported.

"All of these rivers should be treated as hazmat sites," Buncombe County spokesperson Stacey Wood said at a briefing Friday, according to a local journalist. Buncombe County encompasses Asheville and Marshall is just outside it.

The Rice University researchers called for better preparation for future storms in the form of stronger regulation. They've developed a map showing the U.S. areas that are most vulnerable to chemical pollution brought on by floodwaters. One hotspot is the area of Texas and Louisiana full of petrochemical industry sites.

The climate crisis, driven by the burning of fossil fuels, is increasing the frequency and intensity of extreme weather events, and likely contributed to Helene's development, experts have said.

In addition to their immediate damage, storms like Helene can have surprising long-term impacts. A study published in Nature this week found that tropical storms—even those far less deadly than Helene—typically lead to many thousands of excess deaths in the 15 years that follow their arrival.


'Increasing Destruction': Israel Continues Bombing Campaign Across Lebanon

"Complete blocks are being destroyed one after another," Al Jazeera reported.

By Common Dreams Staff


Israeli forces stepped up attacks in both the Gaza Strip and Lebanon overnight and into Sunday.

Israeli forces bombed a mosque and a school-turned-shelter in Gaza, killing 26 and injuring dozens more, according to the Palestinian health ministry; the Israeli military described the two sites as Hamas "command and control centers" but provided no evidence.

The Israeli military also on Sunday announced a "new phase" of the war in Gaza, issuing new evacuation orders that cover most of the northern part of the enclave, The New York Times reported. The military said it would send more soldiers and weapons to Gaza to "destroy terrorist infrastructures and undermine Hamas' capabilities until all the war's goals are achieved."

Al Jazeera's Moath al-Kahlout reported that "the situation here in northern Gaza is deteriorating as the Israeli army intensifies its bombing." He said that children, women, and journalists were among the victims.

"An entire family was killed by the Israeli army in the overnight attacks," he added.

Meanwhile, Israel conducted the "most severe" airstrikes so far on Beirut, "pounding" the city overnight, according to The Guardian. The strikes were in southern Beirut and its suburban outskirts, which are seen as a Hezbollah stronghold and have been heavily targeted by Israeli forces for the past two weeks.

Al Jazeera journalist Ali Hashem, reporting from Beirut, described a "massive air strike" on Sunday near the city's international airport—an area that Israel has been bombarding for days. He said that daytime strikes are particularly harrowing.

"During the nights there are warnings," Hashem reported. "During the days there are no warnings."

Hashem said that emergency services have been prevented from getting into the suburban area where many of the strikes are taking place.

The Lebanese health ministry said Sunday that 23 people were killed and 93 injured in Israeli strikes on Saturday.

The Israeli military continues to advance its ground incursion in southern Lebanon. On Sunday, it ordered people in 25 villages to evacuate immediately, "signaling it's expanding its ground offensive," Al Jazeera reported

Filippo Grandi, the United Nations' high commissioner for refugees, visited Beirut on Sunday and called for a cease-fire—saying it was "desperately needed"—and international humanitarian aid.



Progressives Set to Unleash Swing State Blitz for Harris

"The polls are tight and the Electoral College is rigged to give Trump an edge, but Our Revolution can turn the tide by turning out progressive voters in key battleground states."

By Jessica Corbett


Just over a month away from the U.S. general election, the largest progressive political organizing group in the country announced Friday that it is aiming to encourage 5 million voters in seven battleground states to vote against former Republican President Donald Trump.

Our Revolution hopes to reach voters in Arizona, Georgia, Michigan, North Carolina, Nevada, Pennsylvania, and Wisconsin via door-knocking, phone calls, and text messages ahead of the November election, in which Trump is facing Democratic Vice President Kamala Harris.

The get-out-the-vote effort comes after surveying over 1,400 Our Revolution members who live in swing states. The results, the group said, "present worrying signs for the Harris campaign" and "suggest that the Trump campaign is actively engaging young and progressive voters."

Joseph Geevarghese is the executive director of Our Revolution, which grew out of U.S. Sen. Bernie Sanders' (I-Vt.) 2016 campaign for the Democratic presidential nomination. The group leader said Friday that "the polls are tight and the Electoral College is rigged to give Trump an edge, but Our Revolution can turn the tide by turning out progressive voters in key battleground states."

In the 2020 election, President Joe Biden "narrowly beat Trump by less than 300,000 votes in these states four years ago, which means that our 1.2 million supporters in the swing states could be the margin of victory in 2024," Geevarghese noted.

"After hearing from progressive swing state residents and our organizers on the ground, we are sounding the alarm on the lack of enthusiasm amongst this key voting bloc," he added. "In the coming weeks, Our Revolution will continue urging the Harris campaign to release bold policy plans aimed at motivating the party's progressive base, and we are committed to doing everything we can to mobilize support against another disastrous Trump presidency."

As the group detailed Friday, its polling—first reported by Semafor—found:

  • 1 in 4 Our Revolution members in swing states know progressives who are planning not to vote or to vote third party;
  • 3 in 4 of our swing state supporters believe Harris needs to get more specific on policy and do more interviews to clarify her positions to earn the votes of undecided people they know;
  • 80% say that celebrities coming out for Harris are unlikely to sway their undecided friends and neighbors;
  • 80% think the escalating war in the Middle East is a sign of trouble for the Harris campaign;
  • 2 out of 3 said they've received outreach from the Trump campaign—including grassroots Trump canvassers and door knockers, and they're being bombarded by Trump ads; and
  • 54% of Our Revolution swing state supporters report they're seeing more Trump signs than Harris signs in neighbors' yards.

Since the president passed the torch to Harris this summer following a disastrous debate performance against Trump, she has racked up endorsements from leading groups, including People's Action, Popular Democracy, and the Working Families Party. Harris won the first-ever endorsement of the youth-led gun violence prevention movement March for Our Lives and has support from various reproductive rights, labor, and climate organizations—even some that declined to back Biden.

However, the International Brotherhood of Teamsters declined to endorse for the first time since 1996, and the Uncommitted National Movement—which is critical of U.S. support for Israel's annihilation of Gaza—announced last month that "Harris' unwillingness to shift on unconditional weapons policy or to even make a clear campaign statement in support of upholding existing U.S. and international human rights law has made it impossible for us to endorse her."

Uncommitted also made clear that it "opposes a Donald Trump presidency, whose agenda includes plans to accelerate the killing in Gaza while intensifying the suppression of anti-war organizing," and "is not recommending a third-party vote in the presidential election, especially as third-party votes in key swing states could help inadvertently deliver a Trump presidency given our country's broken Electoral College system."

Despite recent polling that suggests U.S. voter support for Harris would grow if she backed an arms embargo against the Israeli military, Harris is not making clear attempts to win over Uncommitted voters. Leaders from the movement told Reuters that they were not invited to her Friday meeting with Arab American and Muslim leaders in Flint, Michigan.

Efforts to convince Michigan voters to support Harris will continue this weekend. Sanders and United Auto Workers president Shawn Fain—whose union endorsed her this summer—have three events in the state in the coming days. They plan to talk about corporate greed, healthcare, and manufacturing in the state.

Meanwhile, Harris this weekend plans to head to North Carolina, which was just devastated by Hurricane Helene.

The Sunrise Movement—a youth-led climate group that launched a campaign to defeat Trump and reach 1.5 million young swing state voters in August—intends to boost efforts to elect Harris in the weeks ahead, specifically focusing on North Carolina.

"Young climate voters could decide the election in North Carolina and put Harris over the edge," Sunrise organizer Paul Campion said in a statement Friday. "We're focused on reaching a group of 84,000 young voters between the ages of 18 and 26 who are very concerned about climate change but aren't regular voters. We're talking with them about the devastation of Helene and how Donald Trump's Project 2025 agenda would worsen the climate crisis, making disasters like Helene more frequent and severe."

Shiva Rajbhandari, a North Carolina student organizer, said that "people are angry. We're watching homes be swept away, entire towns consumed by floodwaters, and Donald Trump is joking about how climate change will create more waterfront property."

"Big Oil just murdered 200 people," the 20-year-old declared. "People know who's responsible for the climate crisis, and we're going to hold them accountable in November."


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■ Opinion


This Election Isn’t About a Perfect Candidate, It’s About Our Futures

Harris will never be my community’s liberator. But for right now, for this election, she is my target. My goal is to stop Trump and his MAGA allies from ever getting close to the White House again.

By Jasmine Parish Moreno


135.9 Million Reasons Why the Working Class Is So Angry

Workers know that when a private equity firm buys up the company at which they work or a stock buyback is announced, they are likely about to get kicked in the face.

By Les Leopold


Since 1993, 60.2 million workers who had been on the job for at least three years have been laid off, according to the Bureau of Labor Statistics. Another 75.7 million with less than three years tenure have also been let go.

In total, that's 135.9 million workers who know all too well the pain and suffering of a major disruption to their employment.

Working people understand that the periodic ups and downs of the economy can legitimately lead to job loss. But they also know that in many cases the reason they lost their job was not mismatches in supply and demand. Rather, their jobs were sacrificed to satisfy out and out corporate greed.

Private Equity and Greed

Workers know that when a private equity firm buys up the company at which they work, trouble lies ahead. Just ask the 33,000 workers at Toys 'R' Us, who lost their jobs when that fabled company was driven into the ground by KKR, a huge private equity company. KKR bought the toy giant for $6 billion in 2005. Five billion dollars of the purchase price was financed with debt, which KKR put on the Toys 'R' Us books.

It doesn’t take a rocket scientist (especially not the labor-averse space mogul Elon Musk) to design simple solutions that would provide some protection against needless mass layoffs.

Then the rape and pillage commenced, as Toys 'R' Us slashed costs to service the debt, pay KKR hefty management fees, and quickly fall behind its competition, Walmart and Amazon. Aliya Sabharwal, writing in the LA Times last year, tells us:

KKR and its partners sold off Toys ‘R’ Us real estate, pocketed the money and forced the retailer to lease back its buildings. Along the way, KKR and the other firms paid themselves $250 million in “management fees” and big bonuses to hand-picked executives — right before Toys ‘R’ Us entered bankruptcy.

This kind of corporate looting by private equity has, since the 1980s, happened thousands of times in all sectors of the economy, leading to the needless loss of millions of jobs. Researchers writing for the Becker Friedman Institute at the University of Chicago have found that, on average, employment shrinks by 13 percent when a private equity firm buys a public company. As Forbes notes,

All too often when private equity professionals tout their cost cutting strategies, they do not mention that cost cutting means firing people and taking away their livelihoods.

Stock Buybacks and Greed

Workers are also learning that when hedge funds buy up company stock and demand stock buybacks, there’s job trouble ahead. Just ask the 32,000 workers at Bed, Bath and Beyond, who saw their jobs evaporate to finance stock buybacks, over and over until the company was forced into bankruptcy and liquidation.

A stock buyback, which was essentially illegal until 1982, is a form of stock manipulation. A company uses its funds, or borrows money, to go into the market place and buy up its own shares of stock. By doing so, the number of shares in circulation goes down, while the earnings per share goes up. The stock price rises even though no new value was added to the company. The rise in the share price rewards company executives, who are mostly paid with stock incentives, and moves corporate wealth into the pockets of Wall Street investors.

Starting in 2004, Bed, Bath and Beyond spent $11.8 billion on stock buybacks that, in the short term, boosted the company’s share price and enriched the Wall Street stock-sellers who had pressured the company to buy back those shares. Even as the company struggled in 2022, it spent $230 million on stock buybacks, loading the company up with even more debt to finance them. In April 2023 the company declared bankruptcy. That July, the last store of what had been, in 2011, a chain of 1,142 stores closed

The same thing is happening right now with John Deere, the huge farm equipment manufacturer. Deere wants to move 1,000 jobs to Mexico, ostensibly to remain competitive in the international farm equipment market. But Deere is competitive now. The company posted $10 billion in profits in the 2023 fiscal year and paid its CEO $26.7 million.

The real reason Deere wants to discard workers and flee to Mexico is to finance the $11.6 billion in stock buybacks it committed to over the past year.

Reducing the use of mass layoffs to provide financing for corporate and executive looting would be a big win for working people.

In 2025, Goldman Sachs estimates that corporations will conduct more than $1 trillion in stock buybacks. Tens of millions of jobs will be sacrificed to shift all that money to the richest of the rich.

Solutions Are Easy to Find, But Political Will is not

It doesn’t take a rocket scientist (especially not the labor-averse space mogul Elon Musk) to design simple solutions that would provide some protection against needless mass layoffs. Here’s a list:

  1. The Security and Exchange Commission, which deregulated stock buybacks in 1982, should basically outlaw them again by limiting stock buybacks to no more than 2 percent of corporate profits. Today, nearly 70 percent of corporate profits go to stock buybacks.
  2. Debt used in leveraged buyouts should be limited to no more than 10 percent of the purchase price. That would protect workers from being sacrificed to service enormous debt loads.
  3. Add two simple clauses to the $700 billion of taxpayer money that goes for federal purchases of goods and services. It should read:
    1. No taxpayer money shall go to corporations that lay off taxpayers or conduct stock buybacks.
    2. For those companies receiving taxpayer money, layoffs must be voluntary, not compulsory, as is already the case for many white-collar employees.

Reducing the use of mass layoffs to provide financing for corporate and executive looting would be a big win for working people. Alas, we all know deep down that politicians are not about to bite the Wall Street hands that feed them. In the meantime, millions of workers will continue to be sacrificed on the alter of corporate greed.

When no political party dares to challenge Wall Street’s war on workers, there’s only one remaining alternative: working people need to build their own political movement just as the Populists did in the 1880s. There are 135 million reasons for doing so, and soon.



Here's the Truth: It Is the Lack of a Two-State Solution That Most Threatens Israel

As a result of its belligerence and intransigence, Israel is now almost completely ostracized by the international community, and also faces grave economic and military threats as the regional war expands.

By Jeffrey D. Sachs,Sybil Fares

As a result of its belligerence and intransigence, Israel is now almost completely ostracized by the international community, and also faces grave economic and military threats as the regional war expands.


Israel rejects the two-state solution because it claims that a sovereign state of Palestine would profoundly endanger Israel’s national security. In fact, it is the lack of a two-state solution that endangers Israel. Israel’s illegal occupation of Palestinian lands, its continuing apartheid rule over millions of Palestinians, and its extreme violence to defend that rule, all put Israel’s survival in jeopardy, as Israel faces dire threats from global diplomatic isolation and the ongoing war, including the war’s massive economic, social, and financial costs.

There are three basic reasons for Israel’s opposition to the two-state solution, reflecting a variety of ideologies and interests in Israeli society.

The first, and most mainstream, is Israel’s claim that Palestinians and the Arab world cannot live alongside it and only wish to destroy it. The second is the belief among Israel’s rapidly growing religious-nationalist population that God promised the Jews all of the land from the Euphrates to the Mediterranean, including all of Palestine. We recently wrote about that ideology, pointing out that it is roughly 2,600 years out of step with today’s realities. The third is straightforward material gain. With its ongoing occupation, Israel aims to profit from control over the region’s freshwater resources, coastal zones, offshore natural gas deposits, tourist destinations, and land for settlements.

These various motives are jumbled together in Israel’s continued intransigence. Yet taken individually or as a package, they fail to justify Israel’s opposition to the two-state solution, certainly not from the perspective of international law and justice, but not even with regard to Israel’s own security or narrow economic interests.

Consider Israel’s claim about national security, as was recently repeated by PM Benjamin Netanyahu at the United Nations on September 27th. Netanyahu accused the Palestinian Authority, and specifically President Mahmoud Abbas, of waging “unremitting diplomatic warfare against Israel’s right to exist and against Israel’s right to defend itself.”

After Netanyahu’s speech, Ayman Safadi, Jordan’s Minister of Foreign Affairs, standing beside Palestinian Prime Minister Mohammad Mustafa replied to Netanyahu in a press conference:

All of us in the Arab world here, want a peace in which Israel lives in peace and security, accepted, normalized with all Arab countries in the context of ending the occupation, withdrawing from Arab territory, allowing for the emergence of an independent, sovereign Palestinian state on the June 4, 1967 lines with East Jerusalem as its capital.

Minister Safadi was speaking on behalf of the 57 members of the Muslim-Arab committee, who are all willing “to guarantee Israel’s security” in the context of a two-state solution. Minister Safadi, alongside the Palestinian Prime Minister, articulated the region’s peace proposal, an alternative to Netanyahu’s endless wars.

Earlier this year, the Bahrain Declaration in May 2024 of the 33rd Regular Session of the Council of the League of Arab States, on behalf of the 22 member states, re-iterated:

We call on the international community to assume its responsibilities to follow-up efforts to advance the peace process to achieve a just and comprehensive peace based on the two-state solution, which embodies an independent Palestinian state with East Jerusalem as its capital on the lines of the fourth of June 1967, able to live in security and peace alongside Israel in accordance with the resolutions of international legitimacy and established references, including the Arab Peace Initiative.

The many Arab and Islamic statements for peace, including those of the Organization of Islamic Cooperation (OIC), in which Iran is a repeated signatory, trace back to the 2002 Arab Peace Initiative of Beirut—where Arab countries first proposed the region’s readiness to establish relations with Israel in the context of the two-state solution. The initiative declared that peace is based on Israel’s withdrawal from the Palestinian, Syrian, and Lebanese occupied territories.

Israel claims that even if the Arab states and Iran want peace, Hamas does not, and therefore threatens Israel. There are two crucial points here. First, Hamas accepted the two-state solution, already 7 years ago, in their 2017 Charter. “Hamas considers the establishment of a fully sovereign and independent Palestinian state, with Jerusalem as its capital along the lines of the 4th of June 1967, with the return of the refugees and the displaced to their homes from which they were expelled, to be a formula of national consensus.” This year again, Hamas proposed to disarm in exchange for Palestinian statehood on the 1967 borders. Israel, in turn, assassinated the Hamas political chief and cease-fire negotiator, Ismail Haniyeh.

Second, Hamas is very far from being a stand-alone actor. Hamas depends on funds and arms from the outside, notably from Iran. Implementation of the two-state solution under UN Security Council auspices would include the disarmament of non-state actors and mutual security arrangements for Israel and Palestine, in line with international law and the recent ICJ ruling, which Iran voted in favor of at UN General Assembly.

The giveaway that Hamas is an excuse, not a deep cause, of Israel’s intransigence is that Netanyahu has tactically if quietly supported Hamas over the years in a divide and conquer strategy. Netanyahu’s ruse has been to prevent the unity of different Palestinian political factions in order to forestall the Palestinian Authority from developing a national plan to forge a Palestinian state. The whole point of Netanyahu’s politics for decades has been to prevent the emergence of a Palestinian state using any argument at hand.

Israel and its boosters often claim that the failure at Camp David in 2000 proves that the Palestinians reject the two-state solution. This claim also is not correct. As documented by many, including Clayton E. Swisher in his meticulous account in The Truth About Camp David: The Untold Story about the Collapse of the Middle East Peace Process, the Camp David negotiations in 2000 failed owing to Bill Clinton’s last-minute approach to deal making, combined with then Israeli Prime Minister Ehud Barak’s political cowardice in failing to honor Israeli obligations under the Oslo Accord.

As time ran out at Camp David, Clinton was a dishonest broker, as were the blatantly pro-Israel US negotiators, who refused to acknowledge Palestine’s legal claim to the borders of 4 June 1967, and prevarications about Palestine’s right to its capital in East Jerusalem. The “final offer” abruptly pushed by the Israelis and their American backers on the Palestinians did not secure basic Palestinian rights, nor were the Palestinians given time to deliberate and respond with alternative proposals. The Palestinians were then falsely blamed by the Americans and Israelis for the failure of the negotiations.

Israel persists with its intransigence because it believes that it has the unconditional backing of the United States. Through decades of large campaign contributions and assiduous lobbying, the Israel lobby in the United States not only controls votes in the Congress, but also has also placed arch-Zionists in top positions in every administration. Yet due to Israel’s brutality in Palestine and Lebanon, the Israel Lobby has lost its ability to control the narrative and votes across mainstream American society.

Trump, Biden, and Netanyahu all believed that Israel could “have it all”—Greater Israel and peace with the Arab states, while blocking a Palestinian state—through a US-brokered normalization process. The Abraham Accords (which established diplomatic relations of Israel with Bahrain and the UAE) was to be the role model for normalizing relations between Israel and the Kingdom of Saudi Arabia. This approach was always cynical (as it aimed to block a Palestinian state) but is surely delusional now. The Foreign Minister of Saudi Arabia has made crystal clear in his op-ed in the Financial Times on October 2, that the two-state solution is the only pathway to peace and normalization.

“A two-state solution is not merely an ideal; it is the only viable path to ensuring Palestine, Israel and the region’s long-term security. Uncontrolled escalatory cycles are the building blocks of wider war. In Lebanon, we are witnessing this firsthand. Peace cannot be built on a foundation of occupation and resentment; true security for Israel will come from recognising the legitimate rights of the Palestinian people.”

Israel’s ongoing intransigent opposition to the two-state solution, recently reiterated by a vote of the Knesset, has become the greatest danger to Israel’s own security. Israel is now almost completely ostracized by the international community, and also faces grave economic and military threats as the regional war expands. As just one indicator of the emerging economic disarray, Israel’s credit rating is already plummeting, and Israel is likely to lose its investment grade credit rating very soon, with dire long-term economic consequences.

Nor does Israel’s violent pursuit of its extremist vision serve US security or US interests, and the American people oppose Israel’s extremism. The Israel Lobby is likely to lose its grip. Both the US public and the US deep state are very likely to withdraw their uncritical and unconditional support for Israel.

The practical elements of peace are at hand, as we recently spelled out in detail. The US can save the region from an imminent conflagration, and the world from a possible global war of great powers. The US should drop its veto of Palestine’s membership in the UN, and support the implementation of the two-state solution under the auspices of the UN Security Council, with enforcement of mutual security for both Israel and Palestine on the basis of justice and international law.


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