Tag Archives: wall street
“The Trump administration just bought this undead economy at retail prices and committed the Fed and the Treasury to sustaining it.”
The original doctrine of socialism meant government ownership of the means of production—heavy industries, railroads, banks, and the like. Nobody in national politics today is suggesting such a takeover. As one quipster put it, “How can Washington take ownership of the banks when the banks own Washington?” Consumer rights advocate and former presidential candidate Ralph […]
It is only when the elites become afraid of us that there will be any hope of destroying corporate power. Politics, as Nader understands, is a game of fear.
The opposition “movements” in Venezuela and Syria have a great deal in common: both are seeking the demise of democratically-elected governments; both resort to violence and acts of terrorism; both are tools of U.S. and Western imperialism, and both are failing. A Venezuelan protester holds a poster that reads in Spanish “Against Imperialist aggression, respect […]
The central tenet of fascism is always that war cleanses society and that the “virtues” that war inculcates in its combatants and survivors provide a new moral vigor.
We will remove them from power or enter a new dark age.
Glenn Greenwald | Democrats, Trump, and the Ongoing, Dangerous Refusal to Learn the Lesson of Brexit
The institutions and elite factions that have spent years mocking, maligning, and pillaging large portions of the population …are now shocked that their dictates and decrees go unheeded.
Chris Hedges on the most taboo topics in America, with David Talbot.
You don’t have to be in “Who’s Who” to know what’s what. For example, if tiny groups of Wall Street bankers, billionaires and their political puppets are allowed to write the rules that govern our economy and elections, guess what? Only bankers, billionaires and puppets will profit from those rules.
Hedges: The pathology of the rich white family is the most dangerous pathology in America.
The yearning for positivism that pervades our corporate culture ignores human nature and human history. But to challenge it, to state the obvious fact that things are getting worse, and may soon get much worse, is to be tossed out of the circle of magical thinking that defines American and much of Western culture. The left is as infected with this mania for hope as the right. It is a mania that obscures reality even as global capitalism disintegrates and the ecosystem unravels, potentially dooming us all.
…we offer a few panels from this sprawling imperial mosaic—its victims and beneficiaries, the merciful and the mercenary. You won’t find these empires on a map, tucked as they are behind the names of can’t-say-I’ve-been-there towns. Be on the lookout instead for an office complex, someplace awash in the soothing hum of data centers and microwave transmitters. Their borders are the perimeter of the boardroom table, the cut of a sharp suit.
Write about my vision of a “post-capitalist world,” I was requested. But I find this difficult. Difficult because I believe we are already in, or nearing, a post-capitalist world if by capitalism is meant the system described by Marx and his followers about 150 years ago. by Jeffrey Harrod Philosophers for Change December 31, 2013 […]
The Massachusetts senator sure won’t let big banks get away with the kind of blatant robbery other members of Congress seem perfectly happy to allow. Friday, Elizabeth Warren gave a scathing speech against bank bailouts on the Senate floor that has some proclaiming it may be the kind of address that gets her elected president of the […]
Debt is driving this system of auto-cannibalism which, by every measure of social wellbeing, is relentlessly turning a developed country into an underdeveloped one. By Steve Fraser PhilosophersforChange.org February 12, 2013 Shakespeare’s Polonius offered this classic advice to his son: “neither a borrower nor a lender be.” Many of our nation’s Founding Fathers emphatically […]
People demand system change, not climate change. When world leaders gathered at a preliminary meeting on climate change at the UN headquarters in New York, and one day after hundreds of thousands (estimates range from 311,000 to 400,000) people marched in the Climate Convergence, there was a coordinated effort to demand accountability for the corporate […]