Tag Archive | "“Free Market”"

Asylum Seekers: An Amazing Piece of Journalism (Hey, 60 Minutes, Pay Attention)

I certainly plead guilty to being in the large group of people who bang the traditional media for irresponsibility, ignorance, bad reporting and just plain laziness. So, it’s nice to point out outstanding work in the traditional media — and there is a piece in The New York Times magazine posted now that is really […]

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The “Free Market” Takes Its Pound Of Flesh, But Never From The Failed CEO

I can’t let Detroit go partly because there is so much to learn from the robbery that took place in the past and is continuing to this day. Today, let’s consider for a moment the price regular workers pay when something goes bad versus the price CEOs never pay when something goes askew. It’s a telling story about the deep corruption of the system.

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Detroit

Detroit. The filing for bankruptcy is a sad, but, in a way, predictable event — if one is willing to see what this really means. It’s a deep metaphor for the failure of the so-called “free market”.

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An Egyptian Voice Against The Free Market

I don’t claim to have a deep knowledge of current Egyptian politics. So, I start out by saying I’m cautious about falling in love quickly. But, heck, Hamdeen Sabahi has a big mark in his favor: he does not like the so-called “free market”.

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The Rumbling–And Why The 2012 Elections Won’t Help…Much

   I took a longer break from blogging than I thought–to think, observe a bit, rest the brain, cycle New Zealand’s spectacular South Island. But, what stirred me to break this hiatus, at the very moment that people are switching off their computers to turn to libations and debauchery, was, well, the modest observation that […]

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Harvard Revolt Against the “Free Market”

     Ah, it’s Monday, and I’m walking the tip-to-tip–from upper Manhattan all the way to Wall Street–support march for #OWS. So, I feel optimistic–and here’s another little tidbit of news: the youthful economists-of-the-future are giving a big thumbs down to the teachings of the so-called "free market". They staged a walkout last week–which only got […]

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It’s Just Math. 1.4 Billion=$1.25 A Day

    1.4 BILLION PEOPLE IN THE WORLD MAKE $1.25 A DAY.    That is a fact. That is a moral scandal.    Yesterday, I was at the United Nations for the unveiling of an important, if a bit boringly titled, "Social Protection Floor for a Fair and Inclusive Globalization". You should read this report but […]

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The Rich Control 38 Percent of WORLD’S Wealth. Time To #OccupyTheWorld

    You want a reason for the uprisings in Greece, where workers are on strike to protest the brutal austerity measures, or OccupyWallStreet or the revolutions in Egypt and Tunisia fanned by the deep unemployment? Or are you looking for a reason people don’t believe the economy is getting better even when "growth" seems to […]

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Obama Is Not The Issue. This Is About US

    The anger against the president that has been rocketing around many circles of liberal/progressive politics is misplaced.     The crisis we face isn’t about what the president is doing, or failing to do.     We are under siege, fighting the greatest class warfare in perhaps 100 years. And we can expect very […]

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“The Untouchables” Strategy: How To Fix The Economy

Every day, I get a new email from some group about a new 55-page proposal to fix the economy, or I see some expert propose a sure-fired way to get us "back" to a go-go world of "positive growth". There’s value in a whole lot of some of those ideas. But, my can’t-lose strategy boils […]

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U.S. Supreme Court in Pocket of Business

Here we are living at a time of the greatest class warfare in at least half a century. It is almost impossible to form a union legally in the U.S.–corporations have all power in the workplace. We have the greatest divide between rich and poor in 100 years. And now comes some clear evidence of […]

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Kiss The Jobs and Wages Goodbye: Hello “Free Trade” Again

Yesterday, I wrote about the disastrous state of labor in the wake of the elections. Suffering from either a lack of sleep or simple brain lock, I neglected to include one of the most dangerous coming debacles: we have lost much of the ground built opposing so-called "free trade" agreements, which have played a central […]

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Nails On A Chalkboard: Watching the Nevada Debate

   So, it’s probably a bad sign about my own priorities that I flip on C-SPAN at night and, having stumbled on the debate in the Senate Nevada race, I stuck with it–without running for a large glass of wine. Or maybe something stronger.    Oh my god.    It was a muddle. I can’t […]

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Keeping Congress: A Fair Trade, Anti Corp Trade Message

I get why people are angry. Not the anger espoused by the racists, birthers and anti-government people. Across the political spectrum, wherever people place themselves, there is a unifying point that keeps coming up: we’ve been robbed by corporate powers. And the foolish, failed so-called "free trade" policies–pursued by Republicans and Democrats alike–is a place […]

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Moving Jobs Overseas–Will Elections Matter?

 Sure, elections do matter, at some level–it is no coincidence that, in the wake of Citizens United, a torrent of corporate money is flowing to mostly Republican candidates. But, the truth is that, whatever the results of the elections, we will not end up with a government willing to stop the global movement of jobs […]

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A Worldwide Revolt Against Poverty Wages

Yesterday, I wrote about how the decline of U.S. wages has made workers here cheaper to hire than workers in India, at least in the call center industry. Today, the news hails from Asia where workers are rising up against poverty-level wages.   From the Financial Times (and, as a side observation, the FT gives […]

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