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

Posted in 2011 | Leave a comment

Against Social Darwinism

Against Social Darwinism
by Ernst Ulrich von Weizsacker, 1999
http://portland.indymedia.org/en/2019/01/437129.shtml
“The conquest of Africa and large parts of Asia was not morally justified by anything. Only peace is morally justified.  Today social Darwinism appears in the guise of Anglo-Saxon capitalism.”

Posted in 2011 | 1 Comment

The Populist Makers and Dangerous Optimism

The Populist Makers and Dangerous Optimism by Serge Halimi, Pierre Rimbert, and Elmar Altvater
http://portland.indymedia.org/en/2019/01/437126.shtml
The people vote and capital decides. Another capitalism appears that is marked by an anti-liberal and intolerant culture. The goal of the new capitalists is the same as the old capitalists: to make the rich even richer.
Cheap money seduces to new speculation. The financial crisis became the bank crisis, intensified into the crisis of state indebtedness and continues as a monetary crisis. The governing elites fail to prevent the threatening climate collapse and irresponsibly gamble away the future of the coming generations.

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The Attack of Corporations and the Rich on the Rest of Society by Heinz Steinert and Davut Col http://portland.indymedia.org/en/2019/01/437098.shtml

We are living in one of the richest societies in the world. Inconceivable sums were given out without hesitation when the banks were bailed out from bankruptcy. This rich society is merciless and bureaucratic and has become envious, ruthless and malicious. The rich triumph and despise others as losers. Corporations and the rich must desist from their selfishness and accept their responsibility again for society.


Here is a link to Raul Zelik and Elmar Altvater’s “Surveying Utopia” from 2012.
https://www.raulzelik.net/english-texts/369-surveying-utopia

Posted in 2011 | 1 Comment

Markets as a Fetish, Globalization for the Many, and Dissent Management

by Joachim Hirsch, Rainer Mausfeld, and Werner Raza

http://portland.indymedia.org/en/2019/01/437066.shtml

Rainer Mausfeld explains how emancipative needs for change are neutralized. Democratic societies are only acceptable to the centers of power where they are risk-free for the powerful. Opinion management or control is one of the most important techniques of rule.

Economic inequality must be reduced and democratic participation regained. Resisting tax avoidance, financial market regulations, climate policy, and globally combating poverty should be priorities.

Unlike apples and bananas, financial products are not visible but hidden under complex numbers and data. International capital succeeded in eluding restrictions. Controls were rescinded by the governments themselves. The “markets” then ensured that democracy would go downhill.

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The Social State is the Future

The social state is the future and isn’t “Bolshevism”! The state should fulfill the public interest and fight poverty.

Trickle-down neoliberal economic theory is rife with lies and myths and leads to exploding inequality and precarious labor.

Around 1980, wages and productivity began to diverge and workers relied on credits to survive the time of outsourcing and downsizing.

Once 90% of investment was productive and 10% was speculative. Now that is reversed. States and communities suffer from revenue shortfalls. In the 1960s, 40% of Federal revenue came from corporations. In 2016, that fell to 8%!

Markets are not self-healing or intrinsically ethical.

Financial markets aren’t efficient and are kept alive by injections of taxpayer money.

Corporations are kept alive by stock-buybacks and profit-shifting to tax havens.

Fair tax policy must involve closing tax havens and ending tax competition.

Imagine a future with reduced working hours, respecting the rights of nature, exchanging roles, expanding the public sector and shriveling the financial sector!

Imagine a country without Wall Street and the Pentagon!


more at www.citizen.org, www.openculture.com, www.grin.com, www.truth-out.org, www.commondreams.org, www.onthecommons.org, and www.therealnews.com

Posted in 2011 | 3 Comments

Five Things the Shutdown Shows Us About 2019 https://truthout.org/articles/five-things-the-shutdown-shows-us-about-2019/ Number One: Trump Will Be Even More Off the Rails It can’t be stated often enough: The most powerful office in the world is occupied by a myopic egomaniac.

“What is The American Left?”by Norman Birnbaum
http://www.nachdenkseiten.de/upload/pdf/141024_birnbaum_what_is_the_american_left-final.pdf


Posted in 2011 | 1 Comment

Taxes – The Great Bluff

by Nico Beckert and zebralogs

http://portland.indymedia.org/en/2019/01/437046.shtml

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Don the con is a moron and a phony, the pathological narcissist is a pathological paranoia, a clear and present danger – who should go to his room

It’s not too late to be a Canadian hockey fan!!
nhl.com broadcasts 7 free hockey games in January beginning today with the Toronto Maple Leafs and the Wild (11AM PST) from Toronto!
You only need to sign up!
Enjoy the feast! www.nhl.com

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Capitalism means Crisis and Trade War

by Elmar Altvater and Christian Schroeppel

https://www.indybay.org/newsitems/2019/01/02/18820058.php

`Capitalism contains crisis as rainclouds contain rain, said Jean Jaures, a 19th-century French socialist. Big Pharma, Big Wall Street, and Big Military Complex have armies of lobbyists. False concepts that financial markets are efficient and tend to equilibrium still rule economics.

Cynicism and doublespeak dominate. The powerful create one set of rules for themselves. Trump boasts that he hasn’t paid taxes./ Trillions were lavished on corporations and wealthy individuals in the two GOP tax heists. Communities and states suffer revenue shortfalls.

We the People should govern and politics should control economics. The state should represent the public interest and fight poverty.

Posted in 2011 | Leave a comment