Tag: capitalism

The Koch Brothers Million(s) Dollar effort to Halt Progress

Americans for Prosperity has worked closely with the Tea Party since the movement’s inception. In the weeks before the first Tax Day protests, in April, 2009, Americans for Prosperity hosted a Web site offering supporters “Tea Party Talking Points”.

Talking Points: Taxpayer Tea Party   [the Bullet point version, pdf]

Americans for Prosperity — April 2009

— Stop the handouts to Wall Street.

— Stop the Federal Reserve’s printing press

— Stop the federal bailouts that pick winners and losers in the marketplace.

— Stop exploding the national debt, which will crush our children and grandchildren.

— The grassroots MUST take action in order to achieve these goals.

Federal Spending

The Obama Budget

Endless Government Bailouts

IRS History and Horror Stories

Who’s behind the baggers?

Americans for Prosperity Foundation — an organization that David Koch started, in 2004

Koch who?

And you thought the Teabaggers were being “run” by the Beckster …

The Big Bubble Is Bursting: Is There Life After Capitalism?

Here Paul Jay of the Real News talks in November 2008 at The Krahl Academy about US foreign policies, blowback, the Iraq and Afghanistan wars, the concurrent crises of capitalism, of media, of economies, of terrorism, of fascism, of corporatism, of corruption in US political parties, about the shit hitting the fan, and about one part of the solution for it all.

I originally posted this at Antemedius as one part of the solution, shortly after the video was released, in October 2009.

Jay’s talk is about 40 minutes. Watch the video. It’s worth your time, and beats TV all to hell. I guarantee it.

If I’m not doing the thing I feel is most significant, then I feel empty inside.

–Paul Jay



Real News Network – October 4, 2009

The crisis will deepen, we need real news

Paul Jay of The Real News speaks at the Von Krahl Academy, Estonia in November 2008

Global Economic Crisis Explained, or How Much To Make Good?

Sociologist David Harvey, Professor in the Graduate Centre of City University of New York,  asks if it is time to look beyond capitalism towards a new social order that would allow us to live within a system that really could be responsible, just, and humane?

Harvey’s influential books include The New Imperialism; Paris, Capital of Modernity; Social Justice and the City; Limits to Capital; The Urbanization of Capital; The Condition of Postmodernity; Justice, Nature, and the Geography of Difference; Spaces of Hope; and Spaces of Capital: Towards a Critical Geography.

This narrated animation is based on a lecture, “The Crises of Capitalism”, given by Professor Harvey in April this year at the RSA. For over 250 years the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) has been a cradle of enlightenment thinking and a force for social progress.

Radical sociologist Professor David Harvey visits the RSA to explain how capitalism came to dominate the world and why it resulted in the current financial crisis.

Taking a long view of the current crisis, Professor Harvey exposes the follies of the international financial system, looking closely at the nature of capitalism, how it works and why sometimes it doesn’t.

Examining the cycles of boom and bust in the world’s housing and stock markets, and the vast flows of money that surge round the world daily, Harvey shows that periodic episodes of meltdown are not only inevitable in the capitalist system but, in fact, are essential to its survival. Harvey argues that the essence of capitalism is its amorality and lawlessness and to talk of a regulated, ethical capitalism is to make a fundamental error.

Can crises of the current sort be contained within the constraints of capitalism? Or is it time to make the case for a social order that would allow us to live within a different type of system – one that really could be responsible, just, and humane?

“Capitalism never solves its crisis problems.”

“It moves them around geographically.”

The crises of capitalism (illustrated)

New York Observer (via ):

If you watch just one funny and handsome Marxist critique of the financial crisis, make it the Royal Society for the Encouragement of Arts, Manufactures and Commerce’s animated version of David Harvey’s RSA speech “Crises of Capitalism.” It’s been making the rounds this afternoon, and for good reason: Mr. Harvey, a Marxist scholar who heads CUNY’s Center for Place, Culture & Politics, describes not just the failures that caused the ongoing fiasco, but the failure of how we’ve explained it.

Also, check out these superb illustrations.

Capitalism and pathocracy: Rule of, by, and for the morally insane.

In its pure, unregulated sense and form, capitalism is the creed and practice of psychopaths, nothing more than a vehicle for the uninhibited expression of psychopathological freedom.  Capitalists, once called “captains of industry,” and more recently known as “masters of the universe” due to malignant effects of their outsized egos on the global population at large, often pretend to adhere to some marginally plausible ethos purely for public relations value, e.g., “bringing cheap energy to market,” or “creating market efficiencies,” to mask and continue their depredations unmolested by the indignant outcries of normal people, in the end, the psychopath simply takes what he wants without any standard feeling of remorse for horrific outcomes.

Sociopaths are “outstanding” members of society in two senses: politically, they command attention because of the inordinate amount of crime they commit, and psychologically, they elicit fascination because most of us cannot fathom the cold, detached way they repeatedly harm and manipulate others.

http://www.bbsonline.org/Prepr… (1 of 63) [04/01/2008 16:28:32]

THE SOCIOBIOLOGY OF SOCIOPATHY: AN INTEGRATED…

Whether criminal or not, sociopaths typically exhibit what is generally considered to be irresponsible and unreliable behavior; their attributes include egocentrism, an inability to form lasting personal commitments and a marked degree of impulsivity. Underlying a superficial veneer of sociability and charm, sociopaths are characterized by a deficit of the social emotions (love, shame, guilt, empathy, and remorse). On the other hand, they are not intellectually handicapped, and are often able to deceive and manipulate others through elaborate scams and ruses including fraud, bigamy, embezzlement, and other crimes which rely on the trust and cooperation of others.  The sociopath is “aware of the discrepancy between his behavior and societal expectations, but he seems to be neither guided by the possibility of such a discrepancy, nor disturbed by its occurrence” (Widom 1976a, p 614). This cold- hearted and selfish approach to human interaction at one time garnered for sociopathy the moniker “moral insanity” (McCord 1983, Davison & Neale

1990).

What makes capitalism an ideal vehicle for the expression of psychopathology is its inclination toward pure profit regardless of external costs, hence its hypertrophic emphasis on unregulated, laissez faire, “let do” behavior.

Insofar as psychopaths and their creed of unfettered capitalism have infested and subverted the very government both regulating them and giving them license to operate, the United States has turned into what some have called a “pathocracy,” the rule of, by, and for the morally insane.

Small Businesses Battle Credit Crunch

The Reaganomics, working as forecast, not by supporters of!

Why isn’t the economy moving, watch or read this clip report from last night. A simple explanation of how and who controls what, as the repub or conservative meme’s coming from the top to their herds about how their ideology on capitalism and the economy will cause prosperity, especially the continuing saying it will help small businesses develop and grow, for everyone, ‘Trickle Down’. There is very little private capital, their grease for the economic machine, being invested into small businesses as we talk and hear about billions between corporations and wall street and multi millions into the pockets of the corporate execs with ever growing tax write off corporate perks to go along with their huge tax cuts!

No future for you

This is an attempt to assess how political life has been foreshortened by the fact that “the horizon of the future has contracted.”

(Crossposted at Orange and Firedoglake)

Technologically Advanced at One Thing

MAKING MONEY!!!!

And that’s ALL, that’s what the whole business economy is geared to and who pays when they aren’t regulated and that creates huge problems, like the criminal enterprises many have become, everyone does but them and their investors!

And it’s not only what’s going on in the Gulf and oil companies and their so called best of the best…………………………… executives, it’s across the board in every big industry and big business model, MONEY is their only concern and not long term growth, getting as much as they can as quickly as they can and hope for the best and when something happens blame everyone else for their extreme failures!

Wants Liability Limit at $27 Million

Well here we go, and guess what, once again No Accountability, Especially for the deaths of the 11 rig workers, that’s Us, America, of the 21st century!!

This is just coming across from McClatchy and not very long but somewhat informative.

Gulf rig’s owner uses 1851 law to limit its liability

Why aren’t other companies doing this? Employees wonder.

Michael Moore’s new film puts spotlight on Petaluma company

By Jeremy Hay, Press Democrat

In “Capitalism: A Love Story,” which opens today around the country, Moore takes aim at what he characterizes as a capitalist culture run amok.

He holds up the bakery – with 117 employees and $24 million in annual revenues – as an example of a successful capitalist alternative, where workers are as powerful as executives, profits are shared equally and workers are valued for more than their labor.

“This could be potentially a new model,” said Cory Fisher, a field producer and researcher for Moore. “A way for workers to feel engaged and not marginalized, and that they have a stake in their future.”

[…]

“They stood out,” she said. “They’re successful, their workers are able to make a living wage, they seem empowered and happy and you just start to look around and wonder, “Why aren’t other companies doing this?”

 

Why aren’t other companies doing WHAT?

Starting their own, Employee Owned Business.

Derivatives: An Investment on Nothing!

Warren Buffet gave a prophetic pronouncement back in 2003 about the Derivatives market, seeing the exponential dangers of this “paper-thin” type of investment.

Buffet did not mince words. He called them “financial weapons of mass destruction“:

Buffett warns on investment ‘time bomb’

BBC – 4 March, 2003

The derivatives market has exploded in recent years, with investment banks selling billions of dollars worth of these investments to clients as a way to off-load or manage market risk.

But Mr Buffett argues that such highly complex financial instruments are time bombs and “financial weapons of mass destruction” that could harm not only their buyers and sellers, but the whole economic system.

[…]

Some derivatives contracts, Mr Buffett says, appear to have been devised by “madmen”.  […]

http://news.bbc.co.uk/2/hi/bus…

Dystopia 20: Tendo

“It turns out, money is power…”–Tim Garrett discussing his  revolutionary equation linking GDP growth to global warming.

Load more