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Posted in Human Rights | Leave a comment

The Democrats must draft an alternative tax bill!

https://www.commondreams.org/views/2017/10/05/lets-talk-about-what-we-really-want-tax-reform
Do we live in the Humpty Dumpty world – where words mean what he says they mean?

The Republican $4.2 trillion tax bill is sadism, greed, and chaos. Trillions are cut from Medicaid and Medicare; savage cuts are made to Head Start, SNAP, WIC assistance, food stamps, low income heating subsidies, Pell grants and HUD. Public policy must not be confused with a sledgehammer or a wrecking-ball.

The Republicans only seek to help multi-millionaires and corporations and totally ignore the bottom third. The middle third is wracked with Medicare cuts.

Compromises, concessions, negotiations, and protections of workers and the environment are vital so everyone shares in the gains of productivity and technology. Banks must be saddled with the bill for the financial crisis as causal agents. Government of the people is different than government of the powerful. According to Sen. Jeff Merkley on Facebook, 80% of the income gains go to the top 1%. Chaos happens when universities are unsure about October hiring after regulations are demonized.

Trump should be de-certified and quaranteened for the survival of the planet and our economy. Demonizing regulation and anything related to Obama is irrational and a bitter fruit of self-glorification. Our survival and respect of other nations are not eternal but conditional and dependent.

Alternatives and system criticism are routinely made taboo. Path-dependency often takes over and freedom surreptitiously becomes reduced to Coke or Pepsi or Mr. Cartright this or Ponderosa that! Economic myths like the self-healing market, efficient financial markets, and the invisible hand must be checked by checks and balances lest we race to exploding inequality and plutocratic reality. The state should represent the public interest and yet special or private interests are often in the driver’s seat with deregulation, privatization, liberalized markets, and speculation. Trillions were given to the banks as “too big to fail.” What future will arise if the state is prostituted to the highest bidder and government is reduced to “deals”?

www.openculture.com
www.grin.com

Trump’s budget is sadism, greed, and chaos. Chaos is what happens when universities unsure of their budgets delay their October funding. Demonizing regulations is irrational, like trusting in wishful thinking and magic thinking instead of facts and science.

Donald Trump’s Dangerously Coherent Agenda
by John Nichols, rosalux-nyc.org, Oct 2017, 28 pp
http://www.rosalux-nyc.org/wp-content/files_mf/web_nichols_trumpagendaengfinal.pdf

Trump is running the US like one of his casinos
by Nomi Prins, Oct 11, 2017, truth-out.org

http://www.truth-out.org/opinion/item/42059-trump-is-running-the-us-like-one-of-his-casinos

Posted in Austerity, Political Theory, Reducing Inequality/ Redistribution | Leave a comment

The Fairy-tale of the End of the Financial Crisis by David Stein

The Fairy-tale of the End of the Financial Crisis
by David Stein, June 1, 2017

https://www.indybay.org/newsitems/2017/10/09/18803518.php

Between 2008 and 2010, the EU Commission approved state aid of 4.3 trillion euros. The potential crisis of the global economy has grown and not declined. A system crash was prevented by the concerted actions of central banks and states. However only time was gained. We face a new thrust of the massive volatility of the financial markets.

The challenge of the left is to free the state treasury from captivity as a hostage of the banks. The financial institutes must be regulated as causal agents of the crisis and saddled with the bill.

Posted in Financial Market Capitalism, Neoliberalism | Leave a comment

State Indebtedness as a Power Strategy by Mohssen Massarrat

State Indebtedness as a Power Strategy
by Mohssen Massarrat
9/27/2017

https://www.indybay.org/newsitems/2017/10/04/18803447.php
Contracting debts exploded under neoliberalism since the 1980s – unlike the state debts in the Keynesian era from the 1950s to the 1970s – and produced a structural debt bondage for the overwhelming majority. The financial sector arose not surprisingly parallel to the “indebted state.”

Did the generously relieved rich and businessmen at least invest in the real economy and create jobs? Certainly not! Investment rates fell from 1980 to 2010 in the US, the EU, and Japan. In the past, increasing state indebtedness was often instrumentalized as a bogeyman for attacking the social state.

Posted in Financial Market Capitalism, Neoliberalism, Political Theory | Leave a comment

Alternative Economics and Philosophical Reflections

I’m in a great euphoria with two books available from Amazon Kindle in 72 hours. You can order the two eBooks “Philosophical Reflections on the Economic Crisis” ($3.99) and “Alternative Economics: Reversing Stagnation” ($3.99) from amazon.com. You can download their free app for reading Kindle eBooks!
www.amazon.com

Then you can tell me if they are readable or just gibberish. People can meet great writers like Mohssen Massarrat, Sven Giegold, Michael Schwendinger, Ulrike Herrmann, Ernst Wolf, Tomasz Konicz and Karl Zinn.
Enjoy the feast!

There is an incredible appendix “Myths of the Economy” describing 29 state myths, labor myths, business myths and social myths. The state isn’t a German housewife and isn’t a business but can contract debts for future generations. What is rational from a micro-economic perspective (e.g. competition) can be irrational from a macro- perspective (since all countries fall to mass unemployment if they try to be super-competitive).

I am a freelance translator enamored of the digital hyper-link world. Translating is like living in two worlds, intent on doing justice to the writer and the reader. Translating is like exploring a foreign country uncovering what is hidden – without having to go through customs!

These two ebooks could reignite the spark and revive the wonder of learning in exploring realms of philosophy, political theory and economic myths that are closed doors for many. Our media made alternatives and system criticism taboo and often exclude context and history. To some, the social state may be as empty as a blackjack card. Enjoy the feast and celebrate your independence! Send me your comments so we all become more productive and enlightened! [email protected]

Marc Batko

Portland OR

Here is the link to “Alternative Economics: Reversing Stagnation,” a 140 page ebook anthology edited by Marc Batko ($3.99)

https://www.amazon.com/gp/product/features/glide.html/ref=gi_rw_sr_1_1?currencyCode=USD&action=buy&asin=B01CLKFUOC&price=3.99&gi_csrf=gIsg1Z5DWZvs4mHcSN814H5yIKAdw6cUrdRKlXEAAAAJAAAAAFnVeDVyYXcAAAAA

Here is the link to “Philosophical Reflections on the Economic Crisis,” a 38-page ebook byMarc Batko ($3.99)

https://www.amazon.com/gp/product/features/glide.html/ref=gi_rw_sr_1_1?currencyCode=USD&action=buy&asin=B0764KFS2P&price=3.99&gi_csrf=gHhpVEjIBnYyTxb/1u2uF8ZojbvwCNouCpBNlRsAAAAJAAAAAFnVdhJyYXcAAAAA

Giveaway – Three copies of Alternative Economics – October 4, 2017
by Marc Batko
Prize:Alternative Economics: Reversing Stagnation (Kindle Edition)

Winner:First 3 entrants win.

Requirements for participation:
18+ years of age (or legal age)
Resident of the 50 United States or the District of Columbia

Your giveaway link:
https://giveaway.amazon.com/p/650df22a31f06ba1

Posted in Alternative Economics, Financial Market Capitalism, Reducing Working Hours | Leave a comment

Facing a Possible State of Emergency by Peter Schaar

Facing a Possible State of Emergency
by Peter Schaar, 9/27/2017

https://www.indybay.org/newsitems/2017/10/02/18803386.php

The danger of authoritarian “solutions” grows when the constitutional state is dismantled, undermined or suspended.” This warning was made by the former data protectionist Peter Schaar who published the book “Deceptive Security: How the Fear of Terror Drives Us to a State of Emergency.” Schaar emphasizes the importance of protecting democratic controls of the state monopoly of force in times of terror. In the interview with NachDenkSeiten, the former top data protectionist speaks about the betrayal of basic western values in the so-called “war on terror” and the situation in France where the state of emergency has prevailed since November 2015. Schaar expresses the fear that the state of emergency could be applied in Germany with a serious terrorist attack.

Posted in Articles, Political Theory | Leave a comment

The US Superpower is Dangerous

The US Superpower is Dangerous
by Albrecht Mueller, Dirk Eckert, Gunter Pleuger and Lutz Herden, September 20, 2017

https://www.indybay.org/newsitems/2017/09/25/18803182.php

Wars and threats of war are violations of the UN Charter. In his speech to the General Assembly, Trump was the first to accuse Iran of violating the nuclear disarmament treaty. The US is not afraid of threatening military force in Europe and at the border with Russia. This was also true for the presidents Obama, George W. Bush and Bill Clinton and also for Hillary Clinton as secretary of state. Hillary would not have acted differently as president. We are not living in a new world since the election of the new president.

Related Links

Three from Truth-out.org

Trump is Running the US Like One of His Casinos
by Nomi Prins, 9/25/2017
http://www.truth-out.org/opinion/item/42059-trump-is-running-the-us-like-one-of-his-casinos

Trump’s Tax Plan is Indefensible
by Ken Morris, 9/17/2017
http://www.truth-out.org/opinion/item/41964-trump-s-tax-plan-is-indefensible

Trump’s Plan to Slash Rates for Corporations and Super-Wealthy
by Matthew Rozsa, 9/27/2017
http://www.truth-out.org/news/item/42084-trump-s-tax-plan-is-a-mystery-but-it-s-coming-anyway

Strategies against the Far Right, 22 pp
Rosa Luxemburg Foundation
http://www.rosalux-nyc.org/wp-content/files_mf/safrreport.pdf

Posted in Anti-militarism, Articles | Leave a comment

Who Owns the Wealth in Tax Havens?

to read the report by Gabriel Zucman and others published in September 2017, click on
http://gabriel-zucman.eu/files/AJZ2017b.pdf

Posted in Financial Market Capitalism, Thomas Piketty | Leave a comment

The World at Risk under Trump by Heribert Prantl

https://www.indybay.org/newsitems/2017/09/18/18802977.php

The US president sounds like a warmonger. When will the inflammatory words trigger a nuclear chain reaction? The Roman emperor Caligula could help in understanding Trump. He allegedly awarded his horse a permanent seat in the Senate. As an extreme narcissist, Trump calls every meeting with a foreign leader a “home run” and thought July 4 was about himself.

David Pakman Show
https://www.youtube.com/watch?v=sFMEputfAu0&list=PLVrg5xLmCvhEiA-w9tXl73VXxxB7e5Sk0

Trump Threatens Genocide at UN Speech Turned Campaign Rally

Sen Jeff Merkley fights for a budget for working people, Oct 4, 2017, 17 min

https://www.facebook.com/jeffmerkley/videos/10154935803216546/

Posted in Anti-militarism, Articles | Leave a comment

After the Hurricanes by Joseph E. Stiglitz

Hurricane Harvey, followed quickly by Irma, left in its wake upended lives and enormous property damage, estimated by some at $150-180 billion. But the pummeling that America received also raise deep questions about its economic system and politics.

to read the article by Joseph E. Stiglitz published on September 8, 2017 on Project Syndicate, click on

https://www.project-syndicate.org/commentary/learning-from-harvey-govern

Effective government investments and strong regulations are needed to ensure each of these outcomes, regardless of the prevailing political culture in Texas and elsewhere. Without adequate regulations, individuals and firms have no incentive to take adequate precautions, because they know that much of the cost of extreme events will be borne by others. Without adequate public planning and regulation, including of the environment, flooding will be worse. Without disaster planning and adequate funding, any city can be caught in the dilemma in which Houston found itself: if it does not order an evacuation, many will die; but if it does order an evacuation, people will die in the ensuing chaos, and snarled traffic will prevent people from getting out.

America and the world are paying a high price for devotion to the extreme anti-government ideology embraced by President Donald Trump and his Republican Party. The world is paying, because cumulative US greenhouse-gas emissions are greater than those from any other country; even today, the US is one of the world’s leaders in per capita greenhouse-gas emissions. But America is paying a high price as well: other countries, even poor developing countries, like Haiti and Ecuador, seem to have learned (often at great expense and only after some huge calamities) how to manage natural disasters better.

After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, the devastation wrought on Texas by Harvey, and now the prospect of Irma pummeling Florida, the US can and should do better. It has the resources and skills to analyze these complex events and their consequences, and to formulate and implement regulations and investment programs that mitigate the adverse effects on lives and property.

What America doesn’t have is a coherent view of government by those on the right, who, working with special interests that benefit from their extreme policies, continue to speak out of both sides of their mouth. Before a crisis, they resist regulations and oppose government investment and planning; afterwards, they demand – and receive – billions of dollars to compensate them for their losses, even those that could easily have been prevented.

One can only hope that America, and other countries, will not need more natural persuasion before taking to heart the lessons of Hurricane Harvey.

Posted in Articles, Environmental Economics | Leave a comment

Trump and Climate Change by Helmut Selinger

Human activities have contributed decisively to the ice loss in the Arctic. In his short term in office, Trump and his accessories in the government rescinded two dozen regulations to protect the climate and the environment. The climate, peace and anti-racism movements must join forces to help end the old Trump tricks.

https://www.indybay.org/newsitems/2017/09/12/18802843.php

Posted in Environmental Economics | Leave a comment