Crisis of Capitalism

June 29th, 2010 View Comments

Jules Marshall posted a must watch animation from RSA Comment:

…radical sociologist David Harvey asks if it is time to look beyond capitalism, towards a new social order that would allow us to live within a system that could be responsible, just and humane.

Very much worth watching. My comments are below the video.

The trigger to the financial mess is greed. The idea that the system is open-ended, that the sky is the limit, is simply irresponsible. All systems have limits. We’ve reached the limit of capitalsim. And, to be sure, many will simply dismiss this argument as “socialism”. But, as Harvey’s argument posits, there are important points to be gleaned from a socialist approach. You can’t throw the baby out with the bathwater on this issue. This doesn’t mean that people don’t have the right to pursue financial success. What it does mean is that the way that success should be measured needs to change. Warren Buffett has the right idea. There’s a responsibility that comes with financial success. It’s good economics. And, Buffett understands that. The problem is, it’s become a political football.

The tragedy for the USA is that the political atmosphere is super-charged with partisan political nonsense. True discussion is almost impossible. At the moment, Conservatives have shown themselves  to be more interested in refuting their core beliefs, at the expense of the stability of the country, for political power. Liberals are lost in an over reactive loop of fixing failed Conservative policies with overreaching programs that miss the big picture. The result is inconsistent economics. Add to this the polarized atmosphere of the poltics of fear that dominate, and it’s a mess.

Engaging in a coherent debate under these circumstances is impossible, let alone implementing a cogent economic plan.

I fear that something truly horrendous will have to occur for people to break free of their ideological constraints and deal with the issues at hand properly with intellect and maturity.

We shall see.

BP spills a cup of coffee

June 10th, 2010 View Comments

when the shark bites

June 7th, 2010 View Comments

The more things change, the more they stay the same:

Mayor Vaughn: [to reporter] I’m pleased and happy to repeat the news that we have, in fact, caught and killed a large predator that supposedly injured some bathers. But, as you see, it’s a beautiful day, the beaches are open and people are having a wonderful time. Amity, as you know, means “friendship”. – From the movie “Jaws“.

800px-Jaws_Great_White_Shark_South_

and…

But we haven’t had, really, any impact. I mean, we haven’t had enough oil hit Mississippi’s beaches to fill up a milk jug. Now, we’re prepared and we’re prepared for the worst. But thus far, we haven’t had any kind of incursion, except the news coverage is killing our tourist business. – Gov. Haley Barbour of Mississippi.

Dolphin231

More on Barbour’s links to big oil over at Think Progress.

bill and bill: moyers and maher on real time

September 6th, 2009 View Comments

If you haven’t watched Bill Moyers on Real Time with Bil Maher, it’s worth watching. The point that conservatives are simply employing a scorched earth campaign to insure that Obama fails is important, and has to be confronted. And, he covers corporatism as well.

Part 2

Part 3

hate, health care and money

September 1st, 2009 View Comments

A few links worth reading:

the death of middle america

August 31st, 2009 View Comments

From Glenn Greenwald – It’s time to embrace American royalty:

…all of the above-listed people are examples of America’s Great Meritocracy, having achieved what they have solely on the basis of their talent, skill and hard work — The American Way. By contrast, Sonia Sotomayor — who grew up in a Puerto Rican family in Bronx housing projects; whose father had a third-grade education, did not speak English and died when she was 9; whose mother worked as a telephone operator and a nurse; and who then became valedictorian of her high school, summa cum laude at Princeton, a graduate of Yale Law School, and ultimately a Supreme Court Justice — is someone who had a whole litany of unfair advantages handed to her and is the poster child for un-American, merit-less advancement.

From Motorman Mark – Why Middle America Must Be Crushed:

There are a large number of US citizens, traditionally referred to as “Middle Americans,” who are engaged in small, private industry-jobs that have an uncertain future and that live and die on the prospects of a marketplace that is unhindered by taxes and government regulation. Even if they live in a rental unit, they live in communities dominated by the concerns of low-income home owners-people who do not know how to get along with more than $500 a month spent on housing costs-to whom the yearly property tax bill is a very big deal. They can’t spend too much breath decrying the expense of the local school system, or the roads, or the courts and emergency services-each of which provides them an obvious benefit. So what do they get mad at?? “Government.” Whatever that means.

A pattern emerges. We worship an ideal which most of us will never attain and deny what we truly are in order to insure at least the fantasy that we are part of the aristocracy. An aristocracy that devours us as we cheer it on in the hope that they will let us in the door.

It’s a perspective that is enforced and propagated by advertising and marketing as well.

Something better lay ahead to be sure… Break free.

webuzz: right wing disinfo watch

June 16th, 2009 View Comments

While conservatives can’t seem to govern, they know who to sling propaganda with the best of them. The current theme is twofold: right wingers are the victims, and anything bad that happens, liberals are to blame for it. A few examples plucked from the interwebs…

webuzz: health care, rights, swine flu, domestic terror…

June 11th, 2009 View Comments

Links of the day:

crisis as opportunity

June 5th, 2009 View Comments

Douglas Rushkoff on how to take back our world by seeing the current economic crisis as a great opportunity.

Life Inc. Dispatch 01: Crisis as Opportunity from Douglas Rushkoff on Vimeo.

Life Inc. The Movie is out!

May 11th, 2009 View Comments

Over the past several months, I’ve helped shoot a short film that does an excellent job of introducing the important ideas in Douglas Rushkoff’s new book Life Inc.: How the World Became a Corporation and How to Take it Back.  The first chapter of the book is over at Boing Boing, where Doug is guest blogging. Watch the movie!

math is hard

March 27th, 2009 View Comments

Best quote on the GOP’s budget shell game debacle:

It’s hard not to notice that there are no actual numbers therein.

From Charles Johnson, king of the stink pile over at Little Green Footballs.Here’s the link, but Chuckie has a bad habit of diverting links to his mistakes.

obama nation or abomination

January 22nd, 2009 View Comments

Those are the two competing perspectives. It says a lot about where the USA is at, and where it is headed in the days to come  It should be said though that those who support the new president are being positive, and forward looking. Those who do not support President Obama are being negative and whining a good deal. Draw your own conclusions.

While the media treats the economy like it treated the Iraq war – swallowing disinformation whole -there’s also plenty of advice for the new President floating around. What not to do, what to do. There’s hopeful statements that look forward to success, and statements hoping for failure. (Hard to believe, but true.)

And, there’s a lot of petty nonsense being proffered as well. A lot.

It’s important to remember a few things: If we are going to climb out of the hole we are in, we have to be united. We can’t do it splintered. Yet, there are factions among us who plan to do nothing but stoke partisan divisions. They aren’t interested in solutions, only power, and the way they obtain power is by creating hatred, fear and divisiveness. It’s what they do. They know nothing else. They are incapable of seeing past their hatred and ideological blinders.

After 9/11 George W. Bush had a golden ticket to unite and rally the nation behind him. But, he and his Administration and the GOP chose instead to divide the nation through fear, intimidation and disinformation in order to solidify power. They chose bipartisan bully tactics  rather than solve problems. They chose to dismantle government, and when that government was needed to do the peoples work (Katrina for starters) it was unable to do the work. And, today, we need the government to work.

So, the road ahead is pretty plain: Those that do not join the discussion, engage the process and participate should have the temerity to take the bench. But, they do not. So, they must be marginalized, because that is the only language they understand. If you don’t have the intelligence and insight to pull yourself from the game when you’ve fumbled the last two plays and it’s 4th and long, the coach will do it for you.

That’s life. And, whining about it only solidifies just how incompetent and marginal you’ve become. So, bitch away. We’re listening.

And, when you’re ready to rejoin the world of ideas, problem solving, non-partisan discussion and negotiation, and hard work that lay ahead, we’ll welcome you back.

But, no one is holding their breath.

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