The Great Reboot and Investing in death (tags)
The WEF continues to propagate a highly hierarchized society in which the most powerful actors decide how society should develop - far removed from democratic processes. The US is now spending $100K per minute on new nuclear weapons!
Pandemic leads to massive concentration in the marketplace (tags)
“We need a much more democratic system, we need to democratize all bits of the state – we need collective power" https://theface.com/culture/the-corona-crash-grace-blakeley-interview-coronavirus-economy-uk?token=44
Make Social Democracy Great Again (tags)
Erik Olin Wright spoke of smashing, taming, escaping and eroding capitalism as alternatives of the transformational left. We must resist the "selective perception" of the elite that ignores market distortions, market failures, state failures, and the attack on the poor, seniors and students
Political countervailing power of the G-millions against the economism of the neoliberals can only be formed with a long breath.. The grass grows from below; words fall empty from the top.
"Crises belong to capitalism as the cyclone belongs to the weather.. A social division went along with the neoliberal turn. The welfare state mutated to a repressive crisis management of a growing mass poverty..Greenspan's dollar glut kindled a global deficit economy.."
"Tim Geithner made clear the US government does not plan any breach with disaster capitalism....No wonder Wall Street cheers. New life is breathed into speculation at state expense with junk securities.."
The Crisis and the Left: Democratizing instead of Privatizing (tags)
"Neoliberalism has no future..Since time immemorial, (neo-) liberals have wanted as little democracy as possible as an unavoidable evil that should not get in the way of the real kingdom of freedom, the capitalist market economy.."
Risk Development and Dollar Inflation (tags)
Two articles by emeritus professor Elmar Altvater reveal the contradictions of credit or bubble prosperity in the counter-revolution of capital. As work cannot define us, competitiveness and profit maximization do not define the human experience Speculation could bring a new feudalism..
"The basic trust in capital still exists. Modern capitalism has gained a firm place in our subconscious. The debacle of the global financial markets should have led to a rethinking long ago. But the culprits will probably get off lightly because the capitalist system is held as divinely ordained."
Corruption has become a cancerous disease of US society. No end or even weakening of the lies and deception is in sight. In the politics of the nation, corruption scandals have long reached the center of power.