Tag: neo-liberalism

Jun 02 2010

The Plan: It is Working

I read the news today oh boy…..

I am filled with a sense of sickness in the pit of my stomach, in my soul.

Greece to Sell State Assets to Raise 3 Billion Euros (Update1)

By Christos Ziotis and Natalie Weeks

June 2 (Bloomberg) — Greece plans to sell stakes in railway and water companies and the postal service to raise 3 billion euros ($3.7 billion) and help reduce a budget deficit that sparked the debt crisis across southern Europe.

“We decided to accelerate the privatizations process,” Greek Finance Minister George Papaconstantinou told reporters in Athens today. The government aims to raise 1 billion euros a year for the next three year from the sales.

Bloomberg – Greece

You should understand that this is “The Plan”

The plan was that by cutting the funding for government, government would have to cut back on what it does: regulating business, protecting regular people against powerful interests, building infrastructure, educating kids, taking care of the poor and elderly. With government (We, the People) out of the way businesses could be unleashed and really start to make money. And for those who could afford to pay, private companies would take over those other functions. That was called “privatization.”

Neo-Liberalism: The Plan

Aug 23 2008

Democrats and Obama prepare platform of war and reaction

Original article, by Bill Van Auken, via wsws.org (World Socialist Website):

With the Democratic National Convention set to convene in Denver, Colorado next week for the formal nomination of Senator Barack Obama, the party and its presidential candidate have made it clear that they will present no genuine alternative to the politics of aggressive war and social reaction that have prevailed in America over the whole past period.

Apr 21 2008

‘Bout That Food Crisis (long-apologies)

[Crossposted from Fire on the Mountain.]

Some kind of quantity changing into quality point has been reached–suddenly the newspapers are full of "in-depth" reports on the global food crisis, a crisis that seems to have sprung up as suddenly as the credit crisis did a few months ago. I've been tracking this for a while and decided to think on the keyboard instead of out loud. I think it is important to try and understand this while it is a New Thing, before it becomes more background noise in world politics and our daily lives.  

1. Production shortages and inflation are two major factors in the crisis.  

What's causing the shortages?  

Global warming is widely regarded as a contributing factor in droughts which have stricken not only subsistence farmers in East Africa, but also major commodity grain producers in the Southern Hemisphere–Chile, Argentina, and especially Australia, with thousands of square miles in their eighth straight year with no rainfall to speak of.  

Growing Asian economies, especially in China and India, have made possible better and more diverse diets for hundreds of millions of people. This growing demand for food has additionally seen rising meat consumption by the middle class (echoing US consumption trends), and, as vegetarians are quick to point out, it takes 16 pounds of grain to produce a pound of beef.