economics

Corey Dolgon on Kill It to Save It: An Autopsy of Capitalism's Triumph Over Democracy

 

 How have powerful Americans convinced their fellow citizens to support policies beneficial only to the wealthy? Why have so many given up on public education, safe food and safe streets, living wages – even on democracy itself? 

 

Kill it to Save it lays bare the hypocrisy of US political discourse by documenting the story of capitalism’s triumph over democracy. 

 

As the Progressive Left tries to understand how President Trump came to power, Corey Dolgon documents his historical, political and cultural road map. Dolgon argues that American citizens now accept policies that destroy the public sector and promote political stories that feel right “in the gut”, regardless of science or facts.

 

 

A Man on a Limb: A Short Analysis of the Current Economic Crisis

 The current crisis of the global capitalist system is shaping up to be one of the worst since the Great Depression of the 1930’s. U.S. Gross Domestic Product grew by an anemic 1.8 percent in the first quarter of 2013, and only 0.4 the previous quarter. U.S. capitalists and their political representatives in the Democratic and Republican parties have got themselves in a real mess, with no end in sight.

Quantitative Crisis: Bernanke’s “Stimulus” For The 1%

 When I heard that Federal Reserve Chairman Ben Bernanke told Congress last week that it was too soon for the Fed to end its extraordinary stimulus programs, I did a double take.

In show of power, financiers impose will on Argentina’s Navy

We know that finance capital is powerful, but that a hedge fund can impound the navy of the world’s eighth largest country is nonetheless startling.

It's not the Federal Reserve, it's the system it serves

There are details, and then there is the big picture. Mistaking the former for the latter can send an activist down the wrong path. A good example of this are the often well-meaning people who resolutely demand that we "End the Fed."

But the problem isn't the Federal Reserve, it is the system that it serves. If you don't like the Fed, what you actually don't like is the capitalist system.

Creation of Money

 

P. Sainath on Mass Media vs. Mass Reality

Video link here: http://blip.tv/file/5060225

 

Award-winning journalist P. Sainath - http://www.indiatogether.org/opinions/psainath/ - speaks on the failure of mass media to report and analyze the widening economic inequality in India and around the world. For the past decade, Sainath has been reporting on the epidemic of farmers committing suicide in India as a result of the collapse of the rural economy. Sainath's hard-hitting reporting for The Hindu newspaper forced other journalists to cover the story and government officials to act. A decade earlier, in the 1990s his dispatches from the countryside in the Times of India sparked a renewed interest in poverty in India. Those stories were published in his best-selling 1996 book, Everybody Loves a Good Drought: Stories from India's Poorest Districts. In a 29-year career as a journalist, Sainath has won over 35 global and national awards and been called "the conscience of the Indian nation" by other journalists. In 2007, he won the Ramon Magsaysay Award -- Asia's most prestigious prize, often referred to as the "Asian Nobel" -- for Journalism Literature and Creative Communications Arts for his "passionate commitment as a journalist to restore the rural poor to India's national consciousness."

The event is sponsored by the University of Texas School of Journalism, the South Asia Institute, AID-Austin, and the Society of Professional Journalists-UT.

Location: University of Texas, Austin

Produced for Austin Indymedia by Jeff Zavala.
A ZGraphix/Austin Indymedia Production.
http://austin.indymedia.org
http://zgraphix.org

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