Ten Years After the Financial Crash by Rudolf Hickel, 2018 http://portland.indymedia.org/en/2019/02/437144.shtml US economic statistics are dubious since financial markets are based on financial products and money out of nothing. Tax havens, micro-second betting, stock buybacks, and corruption through lobbying are market-distorting and cause revenue shortfalls. Capitalism contains crisis as rain clouds contain rain (Jean Jaures). Capitalism is rife with contradictions where CEOs are stylized “job creators” and workers are degraded as “cost factors.” Capitalism creates false needs, false values, and false consciousness while commodifying all life and reducing our partner nature to an external, free good or sink (cf. Herbert Marcuse). Markets and competition are fetishes. Neoliberalism is an ideology and indoctrination where private wealth is everything and public good is nothing.
The system that made fearmongers and con-men like Cheney, Paul Ryan, and Donald Trump rich is a system of false needs, false values, and false consciousness. Socialism for the super-rich and rugged individualism for the majority!
The bull-headed is mistaken for the humble and sledge-hammers and wrecking balls are confused with domestic policy. The market isn’t a self-healing panacea but an instrument helpful after we agree on priorities for human society. with equal opportunities. The state should fulfill the public interest, fight poverty, help those under the wheel, and create family-wage jobs for those entering the labor market.
more at www.steadystate.org, www.freembtranslations.net, www.grin.com, www.openculture.com, and www.therealnews.com
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