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James Goodman

Occupy Wall Street's 'Political Disobedience' - NYTimes.com - 0 views

opinionator.blogs.nytimes.com/...streets-political-disobedience

wall street politics society economy

shared by James Goodman on 14 Oct 11 - No Cached
  • Our language has not yet caught up with the political phenomenon that is emerging in Zuccotti Park and spreading across the nation, though it is clear that a political paradigm shift is taking place before our very eyes. It’s time to begin to name and in naming, to better understand this moment. So let me propose some words: “political disobedience.”Occupy Wall Street is best understood, I would suggest, as a new form of what could be called “political disobedience,” as opposed to civil disobedience, that fundamentally rejects the political and ideological landscape that we inherited from the Cold War.
  • Civil disobedience accepted the legitimacy of political institutions, but resisted the moral authority of resulting laws. Political disobedience, by contrast, resists the very way in which we are governed: it resists the structure of partisan politics, the demand for policy reforms, the call for party identification, and the very ideologies that dominated the post-War period.
  • Occupy Wall Street, which identifies itself as a “leaderless resistance movement with people of many … political persuasions,” is politically disobedient precisely in refusing to articulate policy demands or to embrace old ideologies. Those who incessantly want to impose demands on the movement may show good will and generosity, but fail to understand that the resistance movement is precisely about disobeying that kind of political maneuver. Similarly, those who want to push an ideology onto these new forms of political disobedience, like Slavoj Zizek or Raymond Lotta, are missing the point of the resistance.
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  • One way to understand the emerging disobedience is to see it as a refusal to engage these sorts of  worn-out ideologies rooted in the Cold War. The key point here is that the Cold War’s ideological divide — with the Chicago Boys at one end and the Maoists at the other — merely served as a weapon in this country for the financial and political elite: the ploy, in the United States, was to demonize the chimera of a controlled economy (that of the former Soviet Union or China, for example) in order to prop up the illusion of a free market and to legitimize the fantasy of less regulation — of what was euphemistically called “deregulation.” By reinvigorating the myth of free markets, the financial and political architects of our economy over the past three plus decades — both Republicans and Democrats — were able to disguise massive redistribution toward the richest by claiming they were simply “deregulating” when all along they were actually reregulating to the benefit of their largest campaign donors.
  • This ideological fog blinded the American people to the pervasive regulatory mechanisms that are necessary to organize a colossal late-modern economy and that necessarily distribute wealth throughout society — and in this country, that quietly redistributed massive amounts of wealth to the richest 1 percent. Many of the voices at Occupy Wall Street accuse political ideology on both sides, on the side of free markets but also on the side of big government, for serving the few at the expense of the other 99 percent — for paving the way to an entrenched permissive regulatory system that “privatizes gains and socializes losses.”
  • The central point, of course, is that it takes both a big government and the illusion of free markets to achieve such massive redistribution. If you take a look at the tattered posters at Zuccotti Park, you’ll see that many are intensely anti-government and just as many stridently oppose big government.Occupy Wall Street is surely right in holding the old ideologies to account. The truth is, as I’ve argued in a book, “The Illusion of Free Markets,” and recently in Harper’s magazine, there never have been and never will be free markets. All markets are man-made, constructed, regulated and administered by often-complex mechanisms that necessarily distribute wealth — that inevitably distribute wealth — in large and small ways. Tax incentives for domestic oil production and lower capital gains rates are obvious illustrations. But there are all kinds of more minute rules and regulations surrounding our wheat pits, stock markets and economic exchanges that have significant wealth effects: limits on retail buyers flipping shares after an I.P.O., rulings allowing exchanges to cut communication to non-member dealers, fixed prices in extended after-hour trading, even the advent of options markets. The mere existence of a privately chartered organization like the Chicago Board of Trade, which required the state of Illinois to criminalize and forcibly shut down competing bucket shops, has huge redistributional wealth effects on farmers and consumers — and, of course, bankers, brokers and dealers.
  • The semantic games — the talk of deregulation rather than reregulation — would have been entertaining had it not been for their devastating effects. As the sociologist Douglas Massey minutely documents in “Categorically Unequal,” after decades of improvement, the income gap between the richest and poorest in this country has dramatically widened since the 1970s, resulting in what social scientists now refer to as U-curve of increasing inequality. Recent reports from the Census Bureau confirm this, with new evidence last month that “the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.” Today, 27 percent of African-Americans and 26 percent of Hispanics in this country — more than 1 in 4 — live in poverty; and 1 in 9 African-American men between the ages of 20 and 34 are incarcerated.
  • On this account, the fundamental choice is no longer the ideological one we were indoctrinated to believe — between free markets and controlled economies — but rather a continuous choice between kinds of regulation and how they distribute wealth in society. There is, in the end, no “realistic alternative,” nor any “utopian project” that can avoid the pervasive regulatory mechanisms that are necessary to organize a complex late-modern economy — and that’s the point. The vast and distributive regulatory framework will neither disappear with deregulation, nor with the withering of a socialist state. What is required is constant vigilance of all the micro and macro rules that permeate our markets, our contracts, our tax codes, our banking regulations, our property laws — in sum, all the ordinary, often mundane, but frequently invisible forms of laws and regulations that are required to organize and maintain a colossal economy in the 21st-century and that constantly distribute wealth and resources.
  • In the end, if the concept of “political disobedience” accurately captures this new political paradigm, then the resistance movement needs to occupy Zuccotti Park because levels of social inequality and the number of children in poverty are intolerable. Or, to put it another way, the movement needs to resist partisan politics and worn-out ideologies because the outcomes have become simply unacceptable. The Volcker rule, debt relief for working Americans, a tax on the wealthy — those might help, but they represent no more than a few drops in the bucket of regulations that distribute and redistribute wealth and resources in this country every minute of every day. Ultimately, what matters to the politically disobedient is the kind of society we live in, not a handful of policy demands.
James Goodman

Gar Alperovitz: Systemic Crisis, Politics as Usual « naked capitalism - 0 views

www.nakedcapitalism.com/...-crisis-politics-as-usual.html

financial crisis economy society politics capitalism

shared by James Goodman on 08 Oct 12 - No Cached
  • The top 400 people — individuals, 400 people, you could get them into this space if you squeezed them just a little bit — have more wealth now than the bottom 180 million Americans taken together. That’s a medieval number; I don’t mean that rhetorically. I mean that medieval society was structured with the ownership of wealth, in that case land, at that level of concentration, and giving it power relationships of that kind.
  • The pain levels are forcing people to do new things because they have to. In a crisis that isn’t what happens; you get explosions. But what we’re seeing, and this is the part that’a very interesting to me, what we’re seeing is an explosion of activity, both political, some social, but above all economic in a way I think could matter. Now let me say a bit about that. All systems run on the basis one way or another of property. And in this one, the property concentrations are, as I’ve said, extreme, and getting worse. …Simply as one element of one way to think about the possibilities of the next system, and what might be the way to build institutional power, and displacing, pushing back over time, the dominant power of the system, it would have to revolve around … some way to democratize the ownership of wealth. … If you want another system … what is it that you want? You don’t like this system? What do you want? …
James Goodman

The real causes of the economic crisis? They're history. - The Washington Post - 0 views

www.washingtonpost.com/...AG2nK4pH_story.html

economic crisis washington history republicans lies wall street meltdown conservative reactionary regressive society wealth privilege

shared by James Goodman on 01 Jul 11 - No Cached
  • They say that winners get to write history. Three years after the meltdown of our financial markets, it’s clear who is winning and who is losing. Wall Street — arms outstretched in triumph — is racing toward the finish-line tape while millions of American families are struggling to stay on their feet. With victory seemingly in hand, the historical rewrite is in full swing. The contrast in fortunes between those on top of the economic heap and those buried in the rubble couldn’t be starker. The 10 biggest banks now control more than three-quarters of the country’s banking assets. Profits have bounced back, while compensation at publicly traded Wall Street firms hit a record $135 billion in 2010.
  • Meanwhile, more than 24 million Americans are out of work or can’t find full-time work, and nearly $9 trillion in household wealth has vanished. There seems to be no correlation between who drove the crisis and who is paying the price.The report of the Financial Crisis Inquiry Commission detailed the recklessness of the financial industry and the abject failures of policymakers and regulators that brought our economy to its knees in late 2008. The accuracy and facts of the commission’s investigative report have gone unchallenged since its release in January.So, how do you revise the historical narrative when the evidence of what led to economic catastrophe is so overwhelming and the events at issue so recent? You and your political allies just do it. And you bet on the old axiom that a lie is halfway around the world before the truth can tie its shoes.
  • If  you are Rep. Paul Ryan, you ignore the fact that our federal budget deficit has ballooned more than $1 trillion annually since the financial collapse. You disregard the reality that two-thirds of the deficit increase is directly attributable to the economic downturn and bipartisan fiscal measures adopted to bolster the economy. Instead of focusing on the real cause of the deficit, you conflate today’s budgetary disaster with the long-term challenges of Medicare so you can shred the social safety net.
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  • If you are Alan Greenspan, you retreat from your 2008 epiphany in which you acknowledged your “state of shocked disbelief” that “the whole intellectual edifice” of your deregulatory ideology had collapsed. Now, you condemn reform efforts as “the current ‘anything goes’ regulatory ethos” — a phrase that paradoxically recalls your own failed policies at the Federal Reserve. In short, after driving the economy over the cliff, you offer to give driving lessons.If you are JP Morgan’s chief investment officer, you refute the statement that your chairman and chief executive, Jamie Dimon, made to the FCIC in 2010 blaming the failures of major financial institutions on “the management teams 100 percent and . . . no one else.” You revise your opinion on the causes of the crisis to instead focus blame on government housing policies. The source for this newfound wisdom: shopworn data, produced by a consultant to the corporate-funded American Enterprise Institute, which was analyzed and debunked by the FCIC report.
  • If you are most congressional Republicans, you turn a blind eye to the sad history of widespread lending abuses that savaged communities across the country and pledge to block the appointment of anyone to head the new Consumer Financial Protection Bureau unless its authority is weakened. You ignore the evidence of pervasive excess that wrecked our financial markets and attempt to cut funding for the regulators charged with curbing it. Across the board, you refuse to acknowledge what went wrong and then try to stop efforts to make it right.Does historical accuracy matter? You bet it does.   Traveling down a road unfettered by facts will take us far from where we need to be: prosecuting financial wrongdoing to deter future malfeasance; vigorously enforcing financial reforms to rein in excessive risk; and rooting out Wall Street’s conflicts of interests, abysmal governance and badly flawed compensation incentives.Worst of all, it will divert us from the urgent task of putting people back to work and creating real wealth for America’s future. Over the past decade, we squandered trillions of dollars on rampant speculation rather than on making investments — in technology, infrastructure, clean energy and education — that increase our productivity and economic strength. The financial sector’s share of corporate profits climbed from 15 percent in 1980 to 33 percent by the early 2000s, while financial-sector debt soared from $3 trillion in 1978 to $36 trillion by 2007. With tens of millions still unemployed, isn’t it time to shift from an economy based on money making money to an economy based on money creating jobs and genuine prosperity?
James Goodman

When Did the US Begin Sacrificing Freedom and Democracy for Corporate Governance and We... - 0 views

blog.buzzflash.com/12787

wealth society sociology materialism excess imbalance values

shared by James Goodman on 21 Jun 11 - No Cached
  • In our wildest madness we dream of an equilibrium we have lost.-Albert Camus
  • The other day at the doctor's office, I picked up a typical fashion magazine left opened on the coffee table for something to do.  The cover highlighted a young actress half-naked and doing her best to look sexy, which is not unusual in a commercial society that promotes women as sex objects. 
  • It is also considered normal by today's standards for an eleven-year-old girl to believe that the sexier she is-the more valued and appreciated she will be in our society. As for the boys, they're occupied for hours playing violent video games that give them the thrill of exploding humans with powerful weapons in the pursuit of joyful killing.
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  • I'm old enough to remember when young Americans questioned established norms, when they wanted to practice a sort of hip stoicism by realizing that less is more.  We never if rarely hear about the virtue of moderation in our political discussions or from the entertainment media world of film and sensational news.
  • J.S. Mill wrote in his classic essay On Liberty that "everyone lives as under the eye of a hostile and dreaded censorship."  In a commercial society, there is no room for spiritual growth, for rational criticism, for the cultivation of well-developed human beings. You know something's gone terribly wrong when a young child is told through media reinforcement that he will be valued on the lack or gain of wealth and materialism, and she on sex appeal, not by the content of his/her character.
James Goodman

Is Loneliness a Public Policy Problem? - Zach McDade - The Atlantic Cities - 0 views

www.theatlanticcities.com/...5686

psychology society people loneliness isolation brain health

shared by James Goodman on 29 May 13 - No Cached
  • James Goodman on 29 May 13
     
    Is Loneliness a Public Policy Problem? Zach McDade May 23, 2013 9 Comments Is Loneliness a Public Policy Problem? Shutterstock inShare3 Share Print Share on emailEmail Urban Institute MORE FROM THE URBAN INSTITUTE: The "Disconnected Youth" Paradigm Stemming the Tide of Federal Prison Growth The Continued Decline of North Korea Is a Case for Inclusive Politics A fascinating recent article in The New Republic reviewed a body of new science documenting the pernicious physiological effects of loneliness. Researchers have shown that loneliness-more formally, the want of intimacy-exacerbates a host of ailments, including Alzheimer's disease, obesity, diabetes, high blood pressure, heart disease, neurodegenerative diseases, and even cancer. The share of Americans who report "not feeling close to people" at any given time is 30 percent and growing, and deemed by some a social health crisis. Should public policy researchers and practitioners care about something as intangible and inaccessible as loneliness? I'll give you three reasons why I think we should. First, some background… Feeling lonely actually sends misleading hormonal signals that physically change the molecular structure of the brain. According to the article, this "wrenches a whole slew" of bodily systems out of whack, causing loneliness to be seen by some as a risk factor for death as great as smoking. Who tends to be affected by loneliness, according to this research? Women more than men, blacks more than whites, the less-educated, the unemployed, the retired, anyone different. In other words, many of the same people affected by today's long-term unemployment and wealth disparities, persistent poverty, and isolation. If loneliness exacerbates these ills, it will further diminish people's ability to engage in economically and socially valuable and productive activities, which in turn could exacerbate loneliness. Three reasons why loneliness should be a p
James Goodman

Does Cigarette Marketing Count as Free Speech? - Garrett Epps - The Atlantic - 0 views

www.theatlantic.com/...261680

speech cigarette politics society health

shared by James Goodman on 31 Aug 12 - No Cached
  • James Goodman on 31 Aug 12
     
    "What is terrifying is not just the radical nature of the statement: that government can do nothing to combat the single greatest public health threat of our time. The hidden message of the opinion -- a message correctly deduced from much of the Roberts Court's First Amendment jurisprudence -- is that the Constitution requires us to live in a make-believe world, where, for example, gross imbalances of wealth have no effect on political campaigns, and "smoking isn't addictive" is as protected as "I pledge allegiance to the flag." I yield to no one in my devotion to free speech. But a legal system that can't differentiate between political opinion and the sale of cigarettes has forfeited any claim to relevance to the nation it supposedly serves."
James Goodman

Occupy Wall Street: how How the protesters should respond to escalating violence. - Sla... - 0 views

www.slate.com/...rs_should_respond_to_esca.html

wall street violence politics

shared by James Goodman on 04 Nov 11 - No Cached
  • Going up against Wall Street, it turns out, is serious business. And the more serious the Occupy movement gets, the more official and near-lethal hostility it's likely to encounter.
  • As they sort out what to do next, the Occupiers might take a page from the history of
  • American labor, the only social movement that has ever made a real dent in the nation’s extremes of wealth and poverty.
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  • For more than half a century, between the 1870s and the 1930s, labor organizers and strikers regularly faced levels of violence all but unimaginable to modern-day activists. They nonetheless managed to create a movement that changed the nation’s economic institutions and reshaped ideas about wealth, inequality, and Wall Street power. Along the way, they also helped to launch the modern civil liberties ethos, insisting that the fight to tame capitalism went hand in hand with the right to free speech.
James Goodman

Inertia, Not Progress Defines the Decade After 9/11 : The New Yorker - 0 views

www.newyorker.com/...110912fa_fact_packer

society politics economy inertia decade 9_11

shared by James Goodman on 23 Sep 11 - No Cached
  • But the main reason that 9/11 didn’t become a source of jobs, or of ideas for revitalizing the economy, was that the country wasn’t thinking about its own weaknesses. President George W. Bush defined his era in terms of war, and the public largely saw it the same way. September 11th was a tragedy that, in the years that followed, tragically consumed the nation’s attention.The attacks were supposed to have signalled one of the great transformations in the country’s history. Bush talked about ridding the world of evil, columnists wrote of “World War Three,” and almost all Americans felt that, in their private lives and in the national life, nothing would ever be the same. But the decade that followed did not live up to expectations. In most of the ways that mattered, 9/11 changed nothing.
  • The Second World War brought a truce in the American class war that had raged throughout the thirties, and it unified a bitterly divided country. By the time of the Japanese surrender, the Great Depression was over and America had been transformed. This isn’t to deny that there were fierce arguments, at the time and ever since, about the causes and goals of both the Civil War and the Second World War. But 1861 and 1941 each created a common national narrative (which happened to be the victors’ narrative): both wars were about the country’s survival and the expansion of the freedoms on which it was founded. Nothing like this consensus has formed around September 11th. On the interstate south of Mount Airy, there’s a recruiting billboard with the famous image of marines raising the flag at Iwo Jima, and the slogan “For Our Nation. For Us All.” In recent years, “For Us All” has been a fantasy. Indeed, the decade since the attacks has destroyed the very possibility of a common national narrative in this country.
  • “We are at war against terror.” Those were fateful words. Defining the enemy by its tactic was a strange conceptual diversion that immediately made the focus too narrow (what about the ideology behind the terror?) and too broad (were we at war with all terrorists and their supporters everywhere?). The President could have said, “We are at war against Al Qaeda,” but he didn’t. Instead, he escalated his rhetoric, in an attempt to overpower any ambiguities. Freedom was at war with fear, he told the country, and he would not rest until the final victory. In short, the new world of 2001 looked very much like the bygone worlds of 1861 and 1941. The President took inspiration from a painting, in the White House Treaty Room, depicting Lincoln on board a steamship with Generals Grant and Sherman: it reminded Bush of Lincoln’s “clarity of purpose.” The size of the undertaking seemed to give Bush a new comfort. His entire sense of the job came to depend on being a war President.
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  • What were the American people to do in this vast new war? In his address to Congress on September 20, 2001—the speech that gave his most eloquent account of the meaning of September 11th—the President told Americans to live their lives, hug their children, uphold their values, participate in the economy, and pray for the victims. These quiet continuities were supposed to be reassuring, but instead they revealed the unreality that lay beneath his call to arms. Wasn’t there anything else? Should Americans enlist in the armed forces, join the foreign service, pay more taxes, do volunteer work, study foreign languages, travel to Muslim countries? No—just go on using their credit cards. Bush’s Presidency would emulate Woodrow Wilson’s and Warren G. Harding’s simultaneously. Never was the mismatch between the idea of the war and the war itself more apparent. Everything had changed, Bush announced, but not to worry—nothing would change.
  • At the time of the attacks, few educated Americans born after 1950 had any direct experience of war or persecution or cataclysmic failure. After 9/11, this gap in the résumés of intellectuals gave them both a sense of inadequacy—an outbreak of envy for the Greatest Generation—and a compensatory tendency to inflate the drama of the war on terror and their own role in it. This took place at a level of abstraction that is made possible when the fighting is eight thousand miles away. As a result, a number of the country’s best minds mistook the post-September 11th era for a new American golden age.
  • After the attacks, Americans asked, “Why do they hate us?” This turned out to be the wrong line of inquiry. The most pressing questions were about us, not them: our leaders, our institutions, our ability to act as a cohesive nation and make rational decisions, our power to take action abroad in a way that would not be a self-defeating waste. Starting with the intelligence failures that did not foresee the attacks, every major American institution flunked the test of the September 11th decade. The media got the W.M.D.s wrong. The military failed to plan for chaos in postwar Iraq. Congress neglected its oversight duties. The political system produced no statesmen. C.E.O.s and financiers couldn’t see past short-term profits. The Bush Administration had one major success: it succeeded in staving off another terrorist attack in America. It botched almost everything else.
  • After 9/11, life in America changed in a few palpable ways: you needed I.D. to get into an office building, and boarding an airplane became an ordeal. But all the structural trends stayed on course: the stock market, after a setback, maintained its relentless upward climb; inequality soared, as Wall Street fortunes reached unimaginable new heights, while average wages began to decline; just about every remaining textile job in Surry County disappeared; Americans sank deeper into debt and depended more on their houses for wealth; the iMac progressed to the iPad; CBS News continued its descent into irrelevance and Fox News its corrosive rise, while newspapers kept cutting back or closing shop. The political division of America into red and blue hardened into the mutually hostile and unintelligible universes in which we live today. Bush, already viewed as illegitimate by many Democrats, became one of the most hated Presidents in American history; the writer Nicholson Baker even published a novella about the merits of assassinating him. Meanwhile, the Republican Party fell completely under the control of its most extreme elements, and “traitor” became a routine term for its opponents. For all the talk of national unity and a new sense of purpose, the terror attacks did nothing to bring together the country. America after September 11th was like a couch potato who survives a heart attack, vows to start a strict regimen of diet and exercise, and after a few weeks still finds himself camped out in the living room.
  • The Bush Administration collapsed in the late summer of 2005—not in Falluja or Kandahar but in the submerged neighborhoods of New Orleans. The response to Hurricane Katrina gave Americans such a devastating picture of official failure that it suggested something fatally wrong with an entire approach to governing. Iraq, of course, had provided evidence of high-level arrogance, incompetence, and neglect for two years, and Afghanistan for even longer than that, but, because these places were far away and American troops were risking their lives to serve the nation, the public wasn’t ready to withdraw its support. When the footage came out of the Gulf Coast—when, for the second time in four years, a great American city looked like Kabul or Kinshasa—it was Iraq in fast motion, and right around the corner. Government at all levels, but especially in Washington, had failed to plan for the worst outcome, even when the entire country saw it coming. An Administration staffed by cronies neglected to take care of citizens for whom it had the greatest responsibility. Katrina made brutally clear that the White House had substituted passive, self-congratulatory bravado for serious organized effort. Like Iraq, New Orleans represented a failure of individual leaders, but also of national institutions.
  • After Katrina, support for the Iraq war evaporated. Having been asked for very little ever since September 11th, other than to take the Administration’s way on faith, Americans had little trouble reframing their allegiances. This was the price of a foreign policy based on assertion rather than on persuasion. The war on terror had been a kind of confidence game: it depended on a belief in American virtue and ability that had proved unwarranted. With the exception of his advocacy of the surge, in 2007, Bush became an increasingly irrelevant figure, and his foreign policy crawled away from grand projects for “world order.” When Vice-President Cheney called for new wars with Iran and Syria, there were no takers.
  • In the years after Katrina, Americans began to see that the same unstable combination of hoopla and neglect that had characterized the war on terror also characterized the decade’s supposed economic boom. While the media were riveted by the spectacle of celebrity wealth, large areas of the country were—like Surry County—left to rot. The boom had been built on sand: housing speculation, overvalued stocks, reckless deregulation, irresponsible deficits. When the foundation started to crumble with the first wave of mortgage defaults, in 2007, the scale of the destruction became the latest of the decade’s surprises. Hardly anyone foresaw how far the economy would fall; hardly anyone imagined how many people it would take on the way down. Even the economic advisers of the next Administration badly misjudged the crisis. The trillions of dollars spent and, often, misspent on wars and domestic bureaucracies were no longer available to fill the hole left by the implosion of the private economy. Reborn champions of austerity pointed to the deficits in order to make the case that the country couldn’t afford to spend its way back to health. And, like the attacks that were supposed to change everything, the recession—which was given the epithet “Great” and was constantly compared with the Depression of the nineteen-thirties—inspired very little change in economic policy. Without effective leadership, the country blindly reverted to the status quo ante, with the same few people making a lot of money, if a little less than before, and the same people doing badly, if a little worse.
  • This malignant persistence since September 11th is the biggest surprise of all. In previous decades, sneak attacks, stock-market crashes, and other great crises became hinges on which American history swung in dramatically new directions. But events on the same scale, or nearly so, no longer seem to have that power; moneyed interests may have become too entrenched, élites too self-seeking, institutions too feeble, and the public too polarized and passive for the country to be shocked into fundamental change.
James Goodman

Greed is Not a Virtue by David Korten - Agenda for a New Economy - 0 views

www.yesmagazine.org/...greed-is-not-a-virtue

economy economics politics wall street fundamentalism

shared by James Goodman on 07 Apr 11 - No Cached
  • We humans are living out an epic morality play. For millennia humanity’s most celebrated spiritual teachers have taught that society works best and we all enjoy our greatest joy and fulfillment when we share, cooperate, and are honest in our dealings with one another.
  • But for the past few decades, this truth has been aggressively challenged by a faith called market fundamentalism—an immoral and counter-factual economic ideology that has assumed the status of a modern state religion. Its believers worship the God of money. Stock exchanges and global banks are their temples. They proclaim that everyone does best when we each seek to maximize our individual financial gain without regard to the
  • consequences for others. In the eyes of a market fundamentalist, to sacrifice profit for some presumed social or environmen
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  • al good is immoral. The result is a public culture that proclaims greed is a virtue and sharing is a s
  • James Goodman on 07 Apr 11
     
    David Korten: Profit-centered market fundamentalism has become a national religion. This is the fourteenth of a series of blogs based on excerpts adapted from the 2nd edition of Agenda for a New Economy: From Phantom Wealth to Real Wealth. I wrote Agenda to spur a national conversation on economic policy issues and options that are otherwise largely ignored. This blog series is intended to contribute to that conversation. -DK
James Goodman

Tendency Toward Egalitarianism May Have Helped Humans Survive - NYTimes.com - 0 views

www.nytimes.com/...05angier.html

psychology society science hierarchy egalitarianism

shared by James Goodman on 08 Jul 11 - No Cached
  • mong America’s top executives today, according to a study commissioned by The New York Times, the average annual salary is about $10 million and rising some 12 percent a year. At the same time, the rest of the tribe of the United States of America struggles with miserably high unemployment, stagnant wages and the worst economic crisis since the Great Depression. Now, maybe the wealth gap is a temporary problem, and shiny new quarters will soon rain down on us all. But if you’re feeling tetchy and surly about the lavished haves when you have not a job, if you’re tempted to go out and insult a piece of corporate meat, researchers who study the nature and evolution of human social organization say they are hardly surprised.
  • Among America’s top executives today, according to a study commissioned by The New York Times, the average annual salary is about $10 million and rising some 12 percent a year. At the same time, the rest of the tribe of the United States of America struggles with miserably high unemployment, stagnant wages and the worst economic crisis since the Great Depression. Now, maybe the wealth gap is a temporary problem, and shiny new quarters will soon rain down on us all. But if you’re feeling tetchy and surly about the lavished haves when you have not a job, if you’re tempted to go out and insult a piece of corporate meat, researchers who study the nature and evolution of human social organization say they are hardly surprised.
  • A sense of fairness is both cerebral and visceral, cortical and limbic.
James Goodman

4 Ways the Poor Get Screwed That Everyone Takes for Granted | Alternet - 0 views

www.alternet.org/...hat_everyone_takes_for_granted

politics society economy regressive taxes upward redistribution of wealth

shared by James Goodman on 08 Apr 13 - No Cached
  • James Goodman on 08 Apr 13
     
    "I'm not in the 1%. At the lower end of what I think of as the upper middle class, I nevertheless take daily advantage of a raft of systems intended to ensure that people who have less money than I do pay more than I do. Since my economic advantages result from public policy, it's fair to call them taxes, levied on people least able to afford them and applied upward for the benefit of people like me. Since the glory days of feudalism are long over, and we don't like to revel in high position, matters are arranged to keep me and people like me from noticing the systemic nature of our economic advantage."
James Goodman

Progressives and the Ron Paul fallacies - Salon.com - 0 views

www.salon.com/...singleton

politics society

shared by James Goodman on 11 Jan 12 - No Cached
  • merica’s election season degrades mainstream political discourse even beyond its usual lowly state. The worst attributes of our political culture — obsession with trivialities, the dominance of horserace “reporting,” and mindless partisan loyalties — become more pronounced than ever. Meanwhile, the actually consequential acts of the U.S. Government and the permanent power factions that control it — covert endless wars, consolidation of unchecked power, the rapid growth of the Surveillance State and the secrecy regime, massive inequalities in the legal system, continuous transfers of wealth from the disappearing middle class to large corporate conglomerates — drone on with even less attention paid than usual. Because most of those policies are fully bipartisan in nature, the election season — in which only issues that bestow partisan advantage receive attention — places them even further outside the realm of mainstream debate and scrutiny. For that reason, America’s elections ironically serve to obsfuscate political reality even more than it usually is.
  • This would all be bad enough if “election season” were confined to a few months the way it is in most civilized countries. But in America, the fixation on presidential elections takes hold at least eighteen months before the actual election occurs, which means that more than 1/3 of a President’s term is conducted in the midst of (and is obscured by) the petty circus distractions of The Campaign. Thus, an unauthorized, potentially devastating covert war — both hot and cold — against Iran can be waged with virtually no debate, just as government control over the Internet can be inexorably advanced, because TV political shows are busy chattering away about Michele Bachmann’s latest gaffe and minute changes in Rick Perry’s polling numbers. Then there’s the full-scale sacrifice of intellectual honesty and political independence at the altar of tongue-wagging partisan loyalty.
  • Then there’s the inability and/or refusal to recognize that a political discussion might exist independent of the Red v. Blue Cage Match. Thus, any critique of the President’s exercise of vast power (an adversarial check on which our political system depends) immediately prompts bafflement (I don’t understand the point: would Rick Perry be any better?) or grievance (you’re helping Mitt Romney by talking about this!!). The premise takes hold for a full 18 months — increasing each day in intensity until Election Day — that every discussion of the President’s actions must be driven solely by one’s preference for election outcomes (if you support the President’s re-election, then why criticize him?). Worse still is the embrace of George W. Bush’s with-us-or-against-us mentality as the prism through which all political discussions are filtered. It’s literally impossible to discuss any of the candidates’ positions without having the simple-minded — who see all political issues exclusively as a Manichean struggle between the Big Bad Democrats and Good Kind Republicans or vice-versa — misapprehend “I agree with Candidate X’s position on Y” as “I support Candidate X for President” or “I disagree with Candidate X’s position on Y” as “I oppose Candidate X for President.” Even worse are the lying partisan enforcers who, like the Inquisitor Generals searching for any inkling of heresy, purposely distort any discrete praise for the Enemy as a general endorsement.
  • ...1 more annotation...
  • So potent is this poison that no inoculation against it exists. No matter how expressly you repudiate the distortions in advance, they will freely flow. Hence: I’m about to discuss the candidacies of Barack Obama and Ron Paul, and no matter how many times I say that I am not “endorsing” or expressing support for anyone’s candidacy, the simple-minded Manicheans and the lying partisan enforcers will claim the opposite. But since it’s always inadvisable to refrain from expressing ideas in deference to the confusion and deceit of the lowest elements, I’m going to proceed to make a couple of important points about both candidacies even knowing in advance how wildly they will be distorted.
James Goodman

Happiness, Philosophy and Science - NYTimes.com - 0 views

opinionator.blogs.nytimes.com/...ppiness-philosophy-and-science

happiness philosophy psychology society health

shared by James Goodman on 01 Sep 11 - No Cached
  • But the most powerful challenge concerns the meaning and value of happiness.  Researchers emphasize that when we ask people if they are happy the answers tell us nothing if we don’t know what our respondents mean by “happy.”  One person might mean, “I’m not currently feeling any serious pain”; another, “My life is pretty horrible but I’m reconciled to it”; another, “I’m feeling a lot better than I did yesterday.”  Happiness research requires a clear understanding of the possible meanings of the term.   For example, most researchers distinguish between happiness as a psychological state (for example, feeling overall more pleasure than pain) and happiness as a positive evaluation of your life, even if it has involved more pain than pleasure.  Above all, there is the fundamental question: In which sense, if any, is happiness a proper goal of a human life?
  • These issues inevitably lead to philosophical reflection. Empirical surveys can give us a list of the different ideas people have of happiness.  But research has shown that when people achieve their ideas of happiness (marriage, children, wealth, fame), they often are still not happy.  There’s no reason to think that the ideas of happiness we discover by empirical surveys are sufficiently well thought out to lead us to genuine happiness.  For richer and more sensitive conceptions of happiness, we need to turn to philosophers, who, from Plato and Aristotle, through Hume and Mill, to Hegel and Nietzsche, have provided some of the deepest insight into the possible meanings of happiness.
  • Even if empirical investigation could discover the full range of possible conceptions of happiness, there would still remain the question of which conception we ought to try to achieve.  Here we have a question of values that empirical inquiry alone is unable to decide without appeal to philosophical thinking.This is not to say that, as Plato thought, we can simply appeal to expert philosophical opinion to tells us how we ought to live. We all need to answer this question for ourselves.  But if philosophy does not have the answers, it does provide tools we need to arrive at answers. If, for example, we are inclined to think that pleasure is the key to happiness, John Stuart Mill shows us how to distinguish between the more sensory and the more intellectual pleasures.  Robert Nozick asks us to consider whether we would choose to attach ourselves to a device that would produce a constant state of intense pleasure, even if we never achieved anything in our lives other than experiencing this pleasure.
James Goodman

Net Worth, Self-Worth and How We Look at Money - NYTimes.com - 0 views

www.nytimes.com/...07wealth.html

money psychology self-worth anxiety status

shared by James Goodman on 08 May 11 - No Cached
  • The Klontz study asked 422 people about 72 money-related beliefs and then analyzed correlations among the answers. This produced four broad categories that Mr. Klontz called “money scripts”: money avoidance, money worship, money status and money vigilance. How does he define them?
  • Those who are in the money avoidance camp share beliefs that make them distance themselves from money. Mr. Klontz said this group may be worried about abusing credit cards. They may believe that they do not deserve to have money and may sabotage their own financial well-being. People in this group tend to have low incomes and net worth. They also tend to be younger. People who fall into the money worship camp would seem to be the opposite, but their behaviors are equally destructive. They believe that an increase in income or a windfall will make everything better and love the status derived from the things that money can buy. This belief also lands people in debt because they use whatever credit they have to buy things that will impress others.
  • “They believe money will solve all of your problems,” Mr. Klontz said. “This is the money belief pattern that afflicts the majority of Americans.” Anxiety about money status occurs when people’s self-worth is linked to their net worth. These people often take bigger financial risks because they want to have the stories of big gains to impress their friends. (Don’t expect them to tell you when those big bets do not pay off.) The only affliction that did not have an overwhelmingly negative impact on people’s financial future was money vigilance. People with this disorder do not like to share information about their income or wealth, but they also do not spend foolishly. Still, excessive wariness about spending can keep these people from enjoying the benefits of what money can buy. On the other hand, while they did not necessarily have higher incomes, they paid off their credit card bills each month. “Maybe some anxiety and vigilance around money is good for your bottom line,” Mr. Klontz said. Not surprisingly, the four money scripts illustrate problems that have less to do with money than with what money represents. But what may be surprising is that the study found few links between who held what belief and their family background, race, gender, education level or income.
James Goodman

The Supreme Court's continuing defense of the powerful - The Washington Post - 0 views

www.washingtonpost.com/...AGUO8MrH_story.html

supreme court privilege conservative politics reactionary regressive wealth society

shared by James Goodman on 30 Jun 11 - No Cached
  • The United States Supreme Court now sees its central task as comforting the already comfortable and afflicting those already afflicted. If you are a large corporation or a political candidate backed by lots of private money, be assured that the court’s conservative majority will be there for you, solicitous of your needs and ready to swat away those pesky little people who dare to contest your power.
  • This court has created rules that will have the effect of declaring some corporations too big to be challenged through class actions, as AT&T customers and female employees at Wal-Mart discovered.
  • In 1912, Theodore Roosevelt warned that the courts had “grown to occupy a position unknown in any other country, a position of superiority over both the legislature and the executive.” Worse, “privilege has entrenched itself in many courts just as it formerly entrenched itself in many legislative bodies and in many executive offices.”What happens to a democracy when its highest court dedicates itself to defending privilege? That’s the unfortunate experiment on which we are now embarked. ejdionne@washpost.com
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