EDITORIAL SUGGESTION: BRIAN STETTEN
Ahhh!!!!!!! This is such evil astroturf!!! …Yes…yo yo sweatshops is good….this psychotic video promoting LearnLiberty.org is literally promoting offshore sweatshops that force other populations into wage slavery. I wonder how much this actor behind “jerrylittlemars2″ is getting paid to pretend to be a teenager that is so enthusiastic about extreme right wing libertarian ideology.
Capitalism requires constant growth: an impossibility By Herman Daly
A Catechism of Growth Fallacies
The part played by orthodox economists, whose common sense has been insufficient to check their faulty logic, has been disastrous to the latest act.—J. M. Keynes (1936)
The first question asked of any critic of the status quo is: What would you put in place? In place of the growth economy we would put a steady-state economy. But such a theoretical alternative is not of great interest unless there is dissatisfaction with the business-as-usual growth economy. If you have eaten poison, it is not enough to simply resume eating healthful foods. You must get rid of the specific substances that are making you ill. Let us, then, apply the stomach pump to the doctrines of economic growth that we have been force-fed for the past four decades. Perhaps the best way to do that is to jump right into the growth debate and consider critically some fifteen to twenty general pro growth arguments that recur in various guises and either expose their errors or accommodate their valid criticisms. Continue reading »
By Stephen Gowans, What’s Left
The New York Times ran an article today about Washington’s plans to strengthen its military presence in Australia. Australia is to be used by the US military “as a new center of operations in Asia” from which the United States will seek “to reassert itself in the region and grapple with China’s rise.”
The problem for policy planners in Washington is that “China has become the largest trading partner with most of the countries in the region, undercutting American economic influence.” And so the United States will beef up its presence in the Pacific to prove that “it intends to remain a crucial military and economic power” in Asia. Continue reading »
Farrell
Paul B. Farrell
Aug. 30, 2011
Commentary: Classical economics is fatally flawed
By Paul B. Farrell, MarketWatch
SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, a New Economics. With new rules. Why? Classical economics is fatally flawed. So investors better learn the new rules that will win in the New Economy. Delay, deny, you’ll lose.
After the coming global collapse — the big wake-up call — classical economics will be exposed as a fraud sabotaging investors, destroying America.
More of the same old voodoo? Barack Obama said he would unveil proposals next week aimed at spurring job growth in part through infrastructure improvements. He also named Princeton economist Alan Krueger as head of the Council of Economic Advisers.
Yes, new rules. Why? Because everything you know about economics is wrong. Everything. The old economics is a rigged game in a Wall Street casino. The cards are stacked in favor of the banks and their co-conspirators, political lobbyists, corporate CEOs and the Super Rich. The house always wins. You always lose. Worse, America is losing.
Here’s why: All classical economic ideas derive from one central idea. Not a scientific theory, merely an unproven hypothesis. Worse, all economic conclusions are based on this illusion, a fantasy, myth, wishful thinking. Consequently, all economic conclusions are speculations. Continue reading »
By Stephen Lendman
Bachmann: A crazy robot behind those pale blue eyes.
Frances Fitzgerald titled her 2000 book on Reagan’s Star Wars Strategic Defense Initiative, “Way Out There in the Blue,” leaving unsaid but letting readers conclude that America during his tenure was run by right wing extremists.
He and most others around him were ideologically hard right, their legacy including:
– disdain for working Americans;
– contempt for the rule of law, civil liberties, human rights, and democratic freedoms; and
– support for concentrated wealth, power and budget-busting militarism. Continue reading »
| ARCHIVES: Articles you should have read but missed the first time around.
By Diane G |
| (originally posted on The Wild Wild Left Tue Sep 15, 2009)
We parked at Mexican Jones, a small and empty restaurant I worked for at one time, when it was thriving. In the very back of the lot, there was a neglected trellis that lead to the almost invisible path that follows the waterway along the back of the business district to the Mill Pond where the “festivities” awaited. We could hear the roar of the crowd, and the speakers a mile out. My 10 year old was nervous. “We have to walk through all that Mom? They’ll kill us,” he said laughing, but with the tinges of fear in his voice. I assured him we would be fine, as we came around the bend into the open where our wet footsteps squeaked on the slippery boardwalk that went over the swampy creek leading to the pond. Continue reading » |
