VIDEO: Austerity Road to 19th Century (tags)
James Crotty is an emeritus professor of economics at U Mass in Amherst. Some economists are more worried about deficit than recession. Large financial institutions were rescued. Obama drank the Kool-Aid. Double-dip recession will lead to lower investment.
"Manufacturing Dissent": the Anti-globalization Movement is Funded by the Corporate Elites (tags)
"How is the process of manufacturing dissent achieved? Essentially by "funding dissent", namely by channelling financial resources from those who are the object of the protest movement to those who are involved in organizing the protest movement. Co-optation is not limited to buying the favors of politicians. The economic elites --which control major foundations-- also oversee the funding of numerous NGOs and civil society organizations, which historically have been involved in the protest movement against the established economic and social order. The programs of many NGOs and people's movements rely heavily on both public as well as private funding agencies including the Ford, Rockefeller, McCarthy foundations, among others. The anti-globalization movement is opposed to Wall Street and the Texas oil giants controlled by Rockefeller, et al. Yet the foundations and charities of Rockefeller et al will generously fund progressive anti-capitalist networks as well as environmentalists (opposed to Big Oil) with a view to ultimately overseeing and shaping their various activities."
An Update on the Rapture
THE PROJECT FOR THE NEW AMERICAN CENTURY (tags)
MoveOn Bulletin Friday, May 9, 2003