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thinkahol *

Who Says Republicans Have No New Ideas? - 0 views

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    Quiz: Which of the 2012 presidential aspirants delivered the following words at the Conservative Political Action Convention, now underway in Washington? We have seen tax-and-tax spend-and-spend reach a fantastic total greater than in all the previous 170 years of our Republic.  Behind this plush curtain of tax and spend, three sinister spooks or ghosts are mixing poison for the American people. They are the shades of Mussolini, with his bureaucratic fascism; of Karl Marx, and his socialism; and of Lord Keynes, with his perpetual government spending, deficits, and inflation. And we added a new ideology of our own. That is government give-away programs....  If you want to see pure socialism mixed with give-away programs, take a look at socialized medicine.
thinkahol *

Is Capitalism Doomed? - Nouriel Roubini - Project Syndicate - 0 views

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    Karl Marx was right, it seems, in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. So what can be done to prevent that outcome?
thinkahol *

Tariq Ali / Karl Polanyi: World Transformation - YouTube - 0 views

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    from the Great Transformation of 1954 to the Arab Spring and the three economic falsehoods that can destroy our civilization.
Levy Rivers

Op-Ed Columnist - Running While Black - Op-Ed - NYTimes.com - 0 views

  • Spare me any more drivel about the high-mindedness of John McCain. You knew something was up back in March when, in his first ad of the general campaign, Mr. McCain had himself touted as “the American president Americans have been waiting for.”
  • Evidence? John McCain needs no evidence. His campaign is about trashing the opposition, Karl Rove-style. Not satisfied with calling his opponent’s patriotism into question, Mr. McCain added what amounted to a charge of treason, insisting that Senator Obama would actually prefer that the United States lose a war if that would mean that he — Senator Obama — would not have to lose an election.
  • Mr. Obama has to endure these grotesque insults with a smile and heroic levels of equanimity. The reason he has to do this — the sole reason — is that he is black.
Levy Rivers

The Republicans Are Now the Stupid Party - The Daily Beast - 0 views

  • George W. Bush was another matter. Karl Rove understood that we are in the midst of what historians call the “third evangelical awakening.” Bush exploited this opportunity, as in his third televised debate in 2000,
Levy Rivers

Marcia G. Yerman: Race, Gender and the Media in the 2008 Elections - 0 views

  • Several themes coalesced over the two-day period. A prominent one was the oft repeated, "Did race trump gender?" Dr. Cynthia Neal-Spence, Associate Professor of Sociology at Spelman College, spoke about the dilemma of the black female. Asking, "Are we as a group more gender conscious or race conscious?" she then suggested "the media coverage had helped black women to choose sides." Despite Obama offering a post-racial approach, she sensed the same "tensions resurfacing that were in place during the suffragette movement." She also saw the media's analyzation as being "racialized."
  • Although feminine for Sarah Palin is an asset, "feminine" attributes in general are considered a negative. "The process of gender," as phrased by Vojdik, is a methodology employed by the Republicans where they "feminize" a male candidate -- to his detriment.
  • Frank Rudy Cooper, Associate Professor of Law at Suffolk University, spelled out that "Obama had to deal with the media representation of black masculinity." He posited that Obama had to be "a unisex president." Despite trying to run a "post-racial campaign, Obama had to be careful avoid "the angry black male" stereotype by not being too aggressive. Cooper explained that in pitting McCain against Obama, the masculine vs. feminine style is emphasized. Obama's empathetic style has been criticized, and as "feminization is a slur," he is forced into a precarious balancing act.
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  • However, Vojdik said, "Those in the media insisted on gendering her candidacy, taking her from the public sphere to the private construction of her identity as a wife and a mother." This was often accomplished through the use of specific language. She gave as examples the terms, "shrill, emasculating, castrating," with oft used analogies of Hillary as "the hectoring mother," or "the wife as ball-buster." Hillary was not male, but she "had failed as a female." On the other hand, Vojdik saw Sarah Palin as seeking to be elected because she was a woman in the "good wife and mother" mode. Projecting herself as stereotypically feminine, albeit a "pit bull with lipstick," she "appeals to the 80's concept of the superwoman." "But," Vojdik asked, "where are the supports for ordinary women?"
  • That concept was illuminated by Anthony E. Varona, Associate Professor of Law at American University. He pointed out why the 2004 Karl Rove election strategy based on the "unease felt by religious and social conservatives" wasn't going to work in 2008. Plainly put, "Things have changed. New media and the blogosphere have made it impossible."
Bakari Chavanu

Capitalism's Self-inflicted Apocalypse - 0 views

  •  The present economic crisis, however, has convinced even some prominent free-marketeers that something is gravely amiss. Truth be told, capitalism has yet to come to terms with several historical forces that cause it endless trouble: democracy, prosperity, and capitalism itself, the very entities that capitalist rulers claim to be fostering.
  • Some eighty  years ago Supreme Court Justice Louis Brandeis commented, “We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” Moneyed interests have been opponents not proponents of democracy.
  • In the early days of the Republic the rich and well-born imposed property qualifications for voting and officeholding. They opposed the direct election of candidates (note, their Electoral College is still with us). And for decades they resisted extending the franchise to less favored groups such as propertyless working men, immigrants, racial minorities, and women.
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  • The conservative plutocracy also seeks to rollback democracy’s social gains, such as public education, affordable housing, health care, collective bargaining, a living wage, safe work conditions, a non-toxic sustainable environment; the right to privacy, the separation of church and state, freedom from compulsory pregnancy, and the right to marry any consenting adult of one’s own choosing.
  • About a century ago, US labor leader Eugene Victor Debs was thrown into jail during a strike. Sitting in his cell he could not escape the conclusion that in disputes between two private interests, capital and labor, the state was not a neutral arbiter. The force of the state--with its police, militia, courts, and laws—was unequivocally on the side of the company bosses.
  • Any nation that is not “investor friendly,” that attempts to use its land, labor, capital, natural resources, and markets in a self-developing manner, outside  the dominion of transnational corporate hegemony, runs the risk of being demonized and targeted as “a threat to U.S. national security.”
  • Most of the world is capitalist, and most of the world is neither prosperous nor particularly democratic. One need only think of capitalist Nigeria, capitalist Indonesia, capitalist Thailand, capitalist Haiti, capitalist Colombia, capitalist Pakistan, capitalist South Africa, capitalist Latvia, and various other members of the Free World--more accurately, the Free Market World.
  • Corporate investors prefer poor populations. The poorer you are, the harder you will work—for less. The poorer you are, the less equipped you are to defend yourself against the abuses of wealth.
  • In the corporate world of “free-trade,” the number of billionaires is increasing faster than ever while the number of people living in poverty is growing at a faster rate than the world’s population. Poverty spreads as wealth accumulates.
  • To the extent that life is bearable under the present U.S. economic order, it is because millions of people have waged bitter class struggles to advance their living standards and their rights as citizens, bringing  some measure of humanity to an otherwise heartless politico-economic order.
  • There is a third function of the capitalist state seldom mentioned. It consists of preventing the capitalist system from devouring itself.  Consider the core contradiction Karl Marx pointed to: the tendency toward overproduction and market crisis. An economy dedicated to speedups and wage cuts, to making workers produce more and more for less and less, is always in danger of a crash. To maximize profits, wages must be kept down. But someone has to buy the goods and services being produced. For that, wages must be kept up. There is a chronic tendency—as we are seeing today—toward overproduction of private sector goods and services and underconsumption of necessities by the working populace. 
  • Instead of trying to make money by the arduous task of producing and marketing goods and services, the marauders tap directly into the money streams of the economy itself. During the 1990s we witnessed the collapse of an entire economy in Argentina when unchecked free marketeers stripped enterprises, pocketed vast sums, and left the country’s productive capacity in shambles. The Argentine state, gorged on a heavy diet of free-market ideology, faltered in its function of saving capitalism from the capitalists.
  • These thieves were caught and convicted. Does that not show capitalism’s self-correcting capacity? Not really. The prosecution of such malfeasance— in any case coming too late—was a product of democracy’s accountability and transparency, not capitalism’s. Of itself the free market is an amoral system, with no strictures save caveat emptor.
  • Perhaps the premiere brigand was Bernard Madoff. Described as “a longstanding leader in the financial services industry,” Madoff ran a fraudulent fund that raked in $50 billion from wealthy investors, paying them back “with money that wasn’t there,” as he himself put it. The plutocracy devours its own children.
  • The classic laissez-faire theory is even more preposterous than Greenspan made it.  In fact, the theory claims that everyone should pursue their own selfish interests without restraint.
  • Capitalism breeds the venal perpetrators, and rewards the most unscrupulous among them.  The crimes and crises are not irrational departures from a rational system, but the converse: they are the rational outcomes of a basically irrational and amoral system.
  • Worse still, the ensuing multi-billion dollar government bailouts are themselves being turned into an opportunity for pillage. Not only does the state fail to regulate, it becomes itself a source of plunder, pulling vast sums from the federal money machine, leaving the taxpayers to bleed.
  • But the 2008-09 “rescue operation” offered a record feed at the public trough. More than $350 billion was dished out by a right-wing lame-duck Secretary of the Treasury to the biggest banks and financial houses without oversight--not to mention the more than $4 trillion that has come from the Federal Reserve.  Most of the banks, including JPMorgan Chase and Bank of New York Mellon, stated that they had no intention of letting anyone know where the money was going.
  • In sum, free-market corporate capitalism is by its nature a disaster waiting to happen.
  • If the paladins of Corporate America want to know what really threatens “our way of life,” it is their way of life, their boundless way of pilfering their own system, destroying the very foundation on which they stand, the very community on which they so lavishly feed.
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