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It’s the Political Economy Stupid
Wall Street bankers crashed our economy three years ago, and their “too big to fail banks” received trillions, courtesy of the Federal Reserve. Now they and their political allies are clamoring to cut social programs like Social Security, Medicaid and Medicare, … Continue reading
TINA
The phrase “there is no alternative,’ proclaimed by Margaret Thatcher about the superiority of neo-liberal capitalism, always pissed me off. I wasn’t very old or sophisticated but I knew it was bullshit. I mean fuck! there are lots of alternatives. … Continue reading
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Tagged free market capitalism, Margaret Thatcher, neo-liberal, OWS
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threat of a good example
Occupy Wall Street–OWS, with its anti-hierarchical structure, communal facilities and socialist ethos is deeply threatening to American elites. It is, to recall a forgotten phrase, the threat of a good example. During the Cold War the Soviet Union and China … Continue reading
leakage
Leakage: Since WWII the US has effectively functioned as an empire. The Cold War gave our worldwide system of military bases and authoritarian proxies a veneer of respectability, especially coupled with our oft described mission of spreading freedom and democracy. … Continue reading
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