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Articles tagged with: neoliberalism

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[12 Oct 2010 | No Comment | 9,331 views]
Brother, Can You Spare a Dime? I Only Earn Six Figures

By Paul Krugman.
I live in a very sheltered world, yet I know young people just out of college who can’t find employment; men in their late 50s who have lost their jobs and think they will never find another; and families barely scraping by, terrified by what might happen if anyone were to get sick. These days, there are terrible stories everywhere you look.
Yet some Americans who have secure jobs and rather high incomes are feeling very sorry for themselves because it’s possible …

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[11 Oct 2010 | No Comment | 4,965 views]
How Democracy Dies: Lessons From a Master

By Chris Hedges.
The ancient Greek playwright Aristophanes spent his life battling the assault on democracy by tyrants. It is disheartening to be reminded that he lost. But he understood that the hardest struggle for humankind is often stating and understanding the obvious. Aristophanes, who had the temerity to portray the ruling Greek tyrant, Cleon, as a dog, is the perfect playwright to turn to in trying to grasp the danger posed to us by movements from the tea party to militias to the …

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[7 Oct 2010 | One Comment | 6,269 views]
US corporate profits soar on layoffs, wage cuts

By Barry Grey, 6 October 2010.
US corporate profits are soaring in the midst of the deepest economic slump since the Great Depression, on the basis of a ruthless policy of using mass unemployment to slash wages and heighten the exploitation of American workers. In order to make the impoverishment of the working class a permanent feature of American life, companies are hoarding vast amounts of cash rather than hiring workers and expanding output.
These are the conclusions that flow from a Wall Street Journal analysis of second-quarter 2010 corporate profits, reported …

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[6 Oct 2010 | No Comment | 3,051 views]
March to Nowhere

By Chris Hedges.
We can hold One Nation marches every week. It will not make any difference until we revolt against the formal structures of power.
The liberal preoccupation with positive forms of propaganda ignores the root of our problem. The tea party and hate mongers on Fox such as Glenn Beck, however repugnant, are the manifestation of the crisis, not its cause. The forces assaulting the remnants of American democracy will not be cowed or discredited with rallies, such as the one in Washington on Saturday. We will blunt these …