Politics and Entertainment: Why are governments addicted to neoliberal #austerity?

The key to deficit reduction is not austerity – reducing government spending by cutting programs and personnel – but good old-fashioned employment. Stanford’s argument is in the Krugman reformist, Keynesian tradition. He doesn’t seek a transformation, merely a technical economic readjustment, but, given our failure to transform capitalism so far – which can be brought about,

Continue reading

On “fascism” in the U.S.

Paul Street on why the U.S. is not a “fascist” state: Even if real historical fascism could be translated across times and place to the modern U.S. it would be largely redundant for America’s powers that be. The American elite already gets the basic regressive and authoritarian outcomes of fascism

Continue reading

The network of global corporate control

“The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the

Continue reading

Death By Trolley: I Support Occupy Wall Street Because…..

I don’t want wealthy, well-connected individuals, corporations and lobbies buying politicians; A large and secure middle class is vital to a democracy; vast wealth inequality creates vast political inequality and exploitation; By reducing the role of corrupting private influences in politics (e.g., big banks, insurance, pharmaceuticals, defense, private prisons), America could possibly lower its taxes while also improving […]

Continue reading

Nice Little ‘Manifesto’ You Got There, But, I’m Going To Burst Your Little Bubble–You ARE Part of the 99%

Boys ‘n’ girls, let’s give this college senior a big hand here! No, really! They’re making it on their own without any help from anyone on very little! Or so it would appear…

Oh, college senior, but you are very much part of the 99% ! Say it loud! Say it proud, . . . → Read More: Nice Little ‘Manifesto’ You Got There, But, I’m Going To Burst Your Little Bubble–You ARE Part of the 99%

Continue reading