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thinkahol *

FOCUS: A Good Fight - 0 views

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    If anyone's declared class warfare it's the people who inhabit the top rungs of big corporations and Wall Street (and who comprise a disproportionate number of America's super-rich). They've declared it on average workers.' Robert Reich, Robert Reich's Blog
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.
Gerald Payton

Highly Commendable Motivational Speaker - 1 views

I always believe that self-confidence and good relationship among peers play a significant role in a team's success. That is why when I noticed that the performance of my sale's team declined, I im...

started by Gerald Payton on 10 Dec 12 no follow-up yet
Ian Schlom

School Closings: How Administrations Decide - 0 views

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    This is a good source for me. Since it's an interview with an official in DC about the school closings and how the school administrations are making these decisions. Abstract of Audio: Many parents and teachers in the nation's cities are disappointed by a long list of school closings. But when enrollment is low and costs are high, administrators face tough decisions. Host Michel Martin speaks to the Chancellor of Washington D.C.'s public schools, Kaya Henderson, about how school systems weigh these difficult choices.
Muslim Academy

Happy New Year to all * Muslim Academy Forum - 0 views

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    Happy New Year to all People around the globe from Muslim-academy.com.Stay blessed and have a very good year.
Muslim Academy

Why Did God Create Evil - 0 views

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    From human evil in wars, drone attacks, and brutal mass killings, to natural disasters as in earthquakes, floods and tornadoes, many innocent people have died and many survivors spend their lives mourning the loss. Amidst all this misery, we cannot help but ask, why? Is it fair that my lovely child who still has not tasted the good things in life died while those malicious people who killed him ran away? Is it fair that a flood comes to drown a group of people while others remain untouched? However, there is a beam of hope that still manages to arise only if we think deeper within ourselves.
Joe La Fleur

Following Obama Victory, U.S. Backs New U.N. Arms Treaty Talks | TheBlaze.com - 0 views

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    GUN OWNERS, SAY GOOD BYE TO YOUR GUNS AND YOUR RIGHTS OBAMA HAS WON
Joe La Fleur

Investigation reveals numerous bogus claims on Obama resume | Western Journalism.com - 0 views

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    THE INVESTIGATION OF OBAMA CONTINUES AND IT'S NOT GOOD!
Joe La Fleur

Are Unions Using Stimulus Money To Recall Walker? - 0 views

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    A good buddy in the White House and a little cash under the table when no one is lookin'
Joe La Fleur

Holder Will Not Prosecute Obama Crony, Jon Corizine, for Losing Billions in Private Inv... - 0 views

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    OBAMAS CHICAGO STYLE GOOD OLE BOYS CLUB
Muslim Academy

Islamic education Importance and sources - 0 views

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    Islamic education is important to act like a complete Muslim. There are many sources which could be used for getting education in Islam. Muslims must have proper information about Islam in order to act on its teachings in an effective manner. There are many sources these days which could be used in order to get education about Islam. This education will clear many points about Islam and the users would be able to compare Islam with many other religions. There are many religions which are followed by different people in different parts of the world. Islamic education is important for spreading Islam in an effective manner. After getting education in Islam it could be compared with other religions for making a good decision. There are many types of facilities in Islam which are helpful for the followers.
thinkahol *

The due-process-free assassination of U.S. citizens is now reality - Salon.com - 0 views

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    What amazes me most whenever I write about this topic is recalling how terribly upset so many Democrats pretended to be when Bush claimed the power merely to detain or even just eavesdrop on American citizens without due process.  Remember all that?  Yet now, here's Obama claiming the power not to detain or eavesdrop on citizens without due process, but to kill them; marvel at how the hardest-core White House loyalists now celebrate this and uncritically accept the same justifying rationale used by Bush/Cheney (this is war! the President says he was a Terrorist!) without even a moment of acknowledgment of the profound inconsistency or the deeply troubling implications of having a President - even Barack Obama - vested with the power to target U.S. citizens for murder with no due process. Also, during the Bush years, civil libertarians who tried to convince conservatives to oppose that administration's radical excesses would often ask things like this: would you be comfortable having Hillary Clinton wield the power to spy on your calls or imprison you with no judicial reivew or oversight?  So for you good progressives out there justifying this, I would ask this:  how would the power to assassinate U.S. citizens without due process look to you in the hands of, say, Rick Perry or Michele Bachmann?
Konstantinos

Political Science Resource Blog: Plato vs. Aristotle - 0 views

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    Plato and Aristotle are our oldest political thinkers. Surprisingly, the same debates that guided Plato and Aristotle's work remain with us today. What is the good life? What is justice? What is the best regime?
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