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thinkahol *

The Importance of the 1970s « The Baseline Scenario - 0 views

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    One of the singular victories of the rich has been convincing the rest of us that their disproportionate success has been due to abstract economic forces beyond anyone's control (technology, globalization, etc.), not old-fashioned power politics. Hopefully the financial crisis and the recession that has ended only on paper (if that) will provide the opportunity to teach people that there is no such thing as abstract economic forces; instead, there are different groups using the political system to fight for larger shares of society's wealth. And one group has been winning for over thirty years.
Skeptical Debunker

Delivering Health, Wealth and Water, Drip by Drip - 0 views

  • Solar-powered drip irrigation enhances food security in the Sudano–Sahel documents a field research project which found that: "solar-powered drip irrigation significantly augments both household income and nutritional intake, particularly during the dry season, and is cost effective compared to alternative technologies" Over the decades, irrigation has been shown to greatly increase agricultural productivity. Drip irrigation is spreading rapidly in Africa, with significant benefits. "Drip irrigation delivers water (and fertilizer) directly to the roots of plants, thereby improving soil moisture conditions; in some studies, this has resulted in yield gains of up to 100%, water savings of up to 40–80%, and associated fertilizer, pesticide, and labor savings over conventional irrigation systems" The solar-powered systems, however, look to offer the potential for even better results. From the study on impacts of PVDI systems it was reported: "The women’s agricultural group members utilizing the PVDI systems became strong net producers in vegetables with extra income earned from sales, significantly increasing their purchases of staples, pulses, and protein during the dry season, and oil during the rainy season. Finally, survey respondents were asked how frequently they were unable to meet their household food needs. Based on the frequency and most recent incident, households were assigned a food insecurity score ranging from zero (no problems during the previous year) to one (perpetually unable to meet food needs). This score changed significantly for project beneficiaries, as they were 17% less likely to feel chronically food-insecure. In short, the PVDI systems had a remarkable effect on both year-round and seasonal food access."
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    Several weeks ago, a group of researchers published an article in the Proceedings of the National Academy of Sciences documenting how relatively low-powered solar systems offer the potential to increase food supplies in impoverished arid regions while reducing demands for fertilizers and other costly (in fiscal and other terms) additives.
thinkahol *

2011: Calling Time on Capitalism | CommonDreams.org - 0 views

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    Recent decades have seen a massive redistribution of wealth, imposing the cost of successive crises on the poorest. Enough!
thinkahol *

Robert Reich (The Big Lie) - 0 views

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    Republicans are telling Americans a Big Lie, and Obama and the Democrats are letting them. The Big Lie is our economic problems are due to a government that's too large, and therefore the solution is to shrink it. The truth is our economic problems stem from the biggest concentration of income and wealth at the top since 1928, combined with stagnant incomes for most of the rest of us. The result: Americans no longer have the purchasing power to keep the economy going at full capacity. Since the debt bubble burst, most Americans have had to reduce their spending; they need to repay their debts, can't borrow as before, and must save for retirement.
thinkahol *

The Republican Shakedown - 0 views

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    You can't fight something with nothing. But as long as Democrats refuse to talk about the almost unprecedented buildup of income, wealth, and power at the top - and the refusal of the super-rich to pay their fair share of the nation's bills - Republicans will convince people it's all about government and unions.
thinkahol *

Technology: Necessary but Insufficient for Human Survival | Thinkahol's Blog - 0 views

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    In the context of technology the only way out is through. Global society is dependent on artificially inflated energy resources-i.e. oil-that are directly leading us toward total collapse. Technology is being used to most efficiently maximize wealth of the largest corporate conglomerates at the expense of the social fabric and a living environment. The biosphere is in fact collapsing. The technology exists to solve our technical problems but the solutions do not seem like they will be effectively put to use. The power structures concentrating money off the status quo are too entrenched. Each human is called on to become more aware.
thinkahol *

Economic Expansion and Proper Redistribution of Wealth - Associated Content from Yahoo! - associatedcontent.com - 0 views

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    The forest was in chaos. Parts of it were burning and the food was scarce. Remembering how wonderful the forest used to be, various animal groups sent ambassadors to a very ancient owl. The wise owl remembered historical cycles and hopefully had clues on how to reset the forest so it could be productive again. They gathered by the gargantuan oak tree where the owl lived.
thinkahol *

Reading Marx's Capital with David Harvey » Blog Archive » Feral Capitalism Hits the Streets - 0 views

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    But the problem is that we live in a society where capitalism itself has become rampantly feral. Feral politicians cheat on their expenses, feral bankers plunder the public purse for all its worth, CEOs, hedge fund operators and private equity geniuses loot the world of wealth, telephone and credit card companies load mysterious charges on everyone's bills, shopkeepers price gouge, and, at the drop of a hat swindlers and scam artists get to practice three-card monte right up into the highest echelons of the corporate and political world.
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 *

Of the 1%, by the 1%, for the 1% | Society | Vanity Fair - 0 views

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    Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation's income-an inequality even the wealthy will come to regret.
thinkahol *

President Obama's Real But Risky Proposal - 0 views

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    'The underlying problem isn't the budget deficit. It's that so much income and wealth are going to the top that most Americans don't have the purchasing power to sustain a strong recovery.' Robert Reich, Robert Reich's Blog
thinkahol *

They Only Have 400 Votes | MichaelMoore.com - 0 views

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    Michael Moore's comments today delivered and relayed at the "We Are One" rally at the State Capitol in Honolulu: Greetings! I want to thank you for turning out today to make your voices heard -- and they ARE heard, even across ocean and land. Today, hundreds of thousands of Americans are joining with you to honor Dr. King by standing up for working people all over America. It was what he was doing in Memphis when he was killed 43 years ago today, supporting sanitation workers on strike.   Today everywhere is Memphis, and it's not just sanitation workers being attacked. It's teachers and firefighters and social workers -- yes, all those greedy public workers who caused the Great Recession we are in! It was the greedy teachers who caused the crash on Wall Street! It was the greedy firefighters who sent millions of jobs overseas! It was the greedy social workers who insisted that GE pay no taxes and that CEOs should make 500 times what the average employee makes! No, my friends, it wasn't! It was the top 1% of the country who did this. THEY brought on the mortgage crisis. THEY made off with billions of dollars from our economy. THEY have systematically destroyed the middle class. And THEY have bought and sold the very people elected to represent us! America is not broke! It's just that the wealthy have absconded with the money! They've removed it from circulation and left us begging for school supplies and fire trucks and libraries. Even the Wall Street Journal admits that the uber-rich are currently just sitting on almost $2 trillion of cash. They're not creating jobs with it. They're not re-circulating it. They're just hanging on to it hoping to make more money off it by continuing their casino games in the stock market, the derivatives market, the credit default swaps market and any other crazy scheme they can invent. This has to stop. But it won't stop unless we make it stop. 400 wealthy Americansnow have more wealth than 150 million Americans COMBINED!  But what
thinkahol *

A Vortex of Death and Wealth | Common Dreams - 0 views

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    Whatever the strategic - and humanitarian - considerations behind NATO/U.S. intervention in Libya, a larger force utterly indifferent to both, and seldom sufficiently newsworthy to merit mention, unites tyrant and rescuer and keeps the world tangled in an endless cycle of hellish violence far beyond
thinkahol *

Subsidizing Profits, Weakening Social Security: The Employer Payroll Tax Cut | Truthout - 0 views

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    These days, it appears as though the main goal of government policy is to give as much money as possible to corporations and the wealthy. This is an area where there has been considerable success, with the profit share of GDP at near record highs and the richest 1 percent holding a larger portion of the nation's wealth than at any point since the late '20s. The proposals for an employer-side payroll tax cut should be seen in this light.
thinkahol *

YouTube - ‪Reich: How Unequal Can America Get ?‬‏ - 0 views

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    Robert Reich, a visiting professor at the UC, Berkeley's Goldman School of Public Policy and former U.S. Secretary of Labor talks about the inequality of income, wealth and opportunity in the United States and asks his audience to speculate on what will happen if these trends continue. Series: "Richard and Rhoda Goldman School of Public Policy at UC Berkeley" [5/2005] [Public Affairs] [Show ID: 9521]
thinkahol *

‪Gladwell on Income Inequality: We're Off the Rails‬‏ - YouTube - 0 views

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    Complete Premium video at: http://fora.tv/conference/new_yorker_festival_2010 Best-selling author Malcolm Gladwell discusses America's dramatically changing notions of wealth and income inequality since the mid-20th century. Gladwell notes that top-earning Americans faced a 91% income tax rate during most of the 1950s. "What's amazing is that, if you even bring this up now, people don't believe you," he says. ----- This excerpt was taken from a program titled "The Magical Year 1975," featuring Malcolm Gladwell. It was recorded in collaboration with the New Yorker Festival, on October 3, 2010. Malcolm Gladwell has been a staff writer at The New Yorker since 1996. He is the author of, most recently, "What the Dog Saw: And Other Adventures," and the Times best-selling books "The Tipping Point: How Little Things Can Make a Big Difference," "Blink: The Power of Thinking Without Thinking," and "Outliers: The Story of Success."
thinkahol *

Lifting the Veil: Obama and the Failure of Capitalist Democracy {Full Film} - YouTube - 0 views

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    This film explores the historical role of the Democratic Party as the "graveyard of social movements", the massive influence of corporate finance in elections, the absurd disparities of wealth in the United States, the continuity and escalation of neocon policies under Obama, the insufficiency of mere voting as a path to reform, and differing conceptions of democracy itself.  Original interview footage derives from Noam Chomsky, Michael Parenti, Michael Albert, John Stauber (PR Watch), Sharon Smith (Historian), William I. Robinson (Editor, Critical Globalization Studies), Morris Berman (Author, Dark Ages America), and famed black panther Larry Pinkney. 
thinkahol *

Study shows that one 'super-corporation' pulls the strings of the global economy | Mail Online - 0 views

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    A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy. The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy. The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its  wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse
thinkahol *

Glenn Greenwald: With Liberty and Justice for Some | Dylan Ratigan - 0 views

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    How did America come to accept having two classes of citizens?  When did America give up on the dream of fairness for all? Last night after the television show, I got the chance to sit down with Glenn Greenwald to discuss his new book, With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful. Unfairness in America is nothing new.  In fact, it is perfectly acceptable in this culture for us to admire those who we see as becoming successful and powerful by creating value.  At the same time, Americans accept unfairness with one explicit caveat: that each of us has the chance to be one of those people - that each of us has the opportunity to become successful. What Americans are rejecting now is not wealth disparity, but the corrupt and unethical way so much of the money in this country is now being made, with our government, more often than not, simply looking the other way. Well, Americans are saying "no more" to our government explicitly agreeing to legalize and codify that destructive behavior, protecting powerful political and financial elites while prosecuting ordinary Americans over trivial offenses. We are beginning to see a rejection of this unfairness at Occupy Wall Street and other national reform-based movements.  
thinkahol *

Tomgram: Glenn Greenwald, How the Rich Subverted the Legal System | TomDispatch - 0 views

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    As intense protests spawned by Occupy Wall Street continue to grow, it is worth asking: Why now? The answer is not obvious. After all, severe income and wealth inequality have long plagued the United States. In fact, it could reasonably be claimed that this form of inequality is part of the design of the American founding -- indeed, an integral part of it.
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