Whether we are Tea Party believers or Occupy Wall Streeters, we know that our politicians are not working for us, and even seem very comfortable with the erosion of the middle class and the fall in everyone else’s standard-of-living.
It was strange, coming out of the blue like that, but [...]
By Eric Michael Johnson | YES! Magazine
A new theory of human origins says cooperation—not competition—is instinctive.
A century ago, industrialists like Andrew Carnegie believed that Darwin’s theories justified an economy of vicious competition and inequality. They left us with an ideological legacy that says the corporate economy, in which wealth concentrates in [...]
By Sam Pizzigati | Otherwords.org
Harvard economists Carmen Reinhart and Kenneth Rogoff write learned economic papers that make champions of austerity happy — and help smash the life prospects of average working families.
Aging baby boomers may remember a 1960s rock band that sported an all-time great name. That band — Question Mark [...]
By Gardner | Blog
The AARP is attacking Obama for flip-flopping on his promises. But Obama is not running for reelection. That ship has sailed and the AARP should be focusing elsewhere.
By now, everyone should have a very good idea how the Chained CPI works. It works against everyone with any income that [...]
By Gardner | Blog
The line between the national interests of the American people and the international interests of international corporations is just a line drawn in the shifting sands of global politics and global manufacturing. Empires are different from nations. Empires may include many nations, but nations that exist within empires are nations that [...]
Smoke clears to reveal Vatican Bank and U.S. banks have much in common (via South Florida Law Blog)
An edited version of this post by Roy Oppenheim was first published in US News and World Report’s Home Front Blog and is being redistributed on [...]
Holder: Banks Too Big to Fail and Too Big to Jail (via South Florida Law Blog)
This article was written for The South Florida Law Blog by Roy Oppenheim. U.S. Attorney Eric Holder, the man charged with upholding the laws of this country, has [...]
By Sam Pizzigati | Inequality.org
The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s. In America today, the New York Times reports, we’re living in “a golden age” — for corporate profits. These earnings have been leaping at a 20 [...]
Gar Alperovitz’s film points to worker-owned cooperates as a growing alternative to traditional capitalism and socialism. From the founder of the World Economic Forum to the protesters of the Occupy movement, everyone seems to agree that something’s wrong with capitalism as we know it. But what is it, [...]
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Quotable Quotes
The good man understands what is right,
the bad man understands profit.
—Confucius
“The greatest country, the richest country, is not that which has the most capitalists, monopolists, immense grabbings, vast fortunes, with its sad, sad soil of extreme, degrading, damning poverty, but the land in which there are the most homesteads, freeholds — where wealth does not show such contrasts high and low, where all men have enough — a modest living— and no man is made possessor beyond the sane and beautiful necessities.”
–Walt Whitman (1819-1892)
'He leaves us a lesson, which is to never accept any injustice.'
–The French President, François Hollande, speaking of Stéphane Hessel, dead at age 95.
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…”
–Thomas Jefferson
Around the web…
Above the law
"The laws, Cicero wrote in the days of the Roman Republic, “are silent in time of war.” But what if the war has no end, no defined enemy, no defined territory? How can markets work if the financial behemoths are too big to fail and too big to jail? If the national security state has the power of life or death above the law, and Wall Street has the power to plunder beyond the law, in what way does this remain a nation of laws? " --Katrina van HeuvelRead it on WP
Waking From My Moral Coma
"It is the killing, it is the permanent war, it is our deranged national priorities. It is the system we live under which requires the serial deaths of all those innocents to maintain our economic health that should appall us. We sup upon the blood and bonemeal that is the byproduct of the idea that is America, and we sleep. And we sleep." -William Rivers PittRead it on Truthout
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The Parched Truth About American Jobs
By Jim Hightower | Otherwords.org
The recent good news about job creation obscures the bad news facing the nation’s middle class. At last, some excellent economic news for folks long-mired in the stagnant labor market.
“Jobs Spring Back,” exclaimed a typical headline on recent reports that 165,000 private-sector jobs were added in April. [...]