The corporate media would have us believe that the nation is in the midst of an economic recovery.
In the shadow of the approaching mid-term elections, the president cites the number of jobs created and speaks optimistically about America’s economic future. The future is indeed bright, but only if you are among the wealthiest one percent of the population.
In light of ongoing global negotiations on pressing environmental issues, it’s time for efforts to curtail the excessive influence of multinational corporations over public policy to be strengthened and scaled up at all levels – especially at the United Nations.
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Here’s a question: if you had to choose, what’s more important to you, your personal wealth or the welfare of your country?
For the overwhelming majority of us — the 99% — the question is pretty much one and the same, because what little wealth we have is entirely tied up in our country one way or another. So most of us would answer, the welfare of our country. But what about the 1%? How might they respond?
“The premise of democracy, if it’s to be taken seriously, has to focus on youth, which become the ultimate symbol of the future.” H. Giroux
(A speech given at the One World Week Forum at the University of Warwick on January 30, 2014 on the topic of Capitalism and Sustainability: Can We Have It All?)
Can capitalism solve the problems of global warming and growing inequality?
It seems to me this is like discussing the issue of inappropriate hypersexual imagery bombarding 11-year olds and then asking: Can Justin Bieber or Lady Gaga fix the problem?
Real capitalism, not the theoretical version taught in school, is a system of minority rule in which a few people profit at the expense of others.
Last week, I explained how economists and policymakers destroyed our economy for the sake of short-term corporate profits from jobs offshoring and financial deregulation.
“Are Adjunct Professors the Fast-Food Workers of the Academic World?” Is this provocative, evocative, adversarial, or emblematic of an age of casino capitalism, corrupted Admin Class, and a see/ hear/speak no evil compliant groups of people who are in the 20 percent?
A paradigm shift is taking place. It is coming from the awareness that all of our crises are connected to an economy rigged for the wealthiest. The symptoms of big finance capitalism create the poverty, low wages, economic insecurity and environmental destruction so a handful can profit. While these facts have been hidden by political leaders and corporate mass media, now people are seeing them and understand the task we have before us.
The Radical Dr. King
In recent years, the concept and practice of sharing resources is fast becoming a mainstream phenomenon across North America, Western Europe and other world regions. The internet is awash with articles and websites that celebrate the vast potential of sharing human and physical assets, in everything from cars and bicycles to housing, workplaces, food, household items, and even time or expertise.
1. The integration of Greece into the EU is the real cause of its catastrophic crisis
