Class Warfare
Thursday, November 4th, 2010Good historical perspective from Bill Moyers on class warfare in America: “Welcome to the Plutocracy.”
Good historical perspective from Bill Moyers on class warfare in America: “Welcome to the Plutocracy.”
An excellent article on the Tea Party by Matt Taibbi.
To pull out of this nosedive that Casino Capitalism has wrought upon the world, many of us need to have some understanding of the basic economic principles at play here. Leaving the fox to guard the henhouse remains a fool’s game — that strategy always leads to the same outcome — so it’s time for the rest of us to sit up and notice what is going on in the world of economic decision making.
Paul Krugman observes a resurgence of the destructive game of “starve the beast” in “Redo that Voodoo.”
Paul Craig Roberts clearly explains market fundamentals in “Economics in Freefall.”
David Michael Green notices the deeply regressive state of degradation we currently find ourselves in: “How’s That Recessioney, Oily Thing Working Out For You?”
H. L. Mencken, back in 1916, wrote: “Democracy is the theory that the common people know what they want, and deserve to get it good and hard.”
So, if you want things to go your way, you dupe the “common people” into thinking they should want what you want (e.g., don’t tax the rich, dismantle public policy, deregulate), and once they agree, you give it to them good and hard. That’s where we’re at now: we’re gettin’ it good and hard.
DMG (David Michael Green) goes on a quick tour of the past thirty years of regressive American politics in “Mission Accomplished:
The Reagan Occupation and the Destruction of the American Middle Class.” Until a majority of Americans understand the basic premise of this story, we’re going to be stuck in it.