Category Archives: Economics

Noam Chomsky: U.S. and Europe ‘committing suicide in different ways’ (VIDEO)

Posted on by
Reply

In an interview with GritTV’s Laura Flanders, author and MIT professor Noam Chomsky discussed the potentially bleak future facing both the United States and the European Union. Both, he said, are facing historic crises and are going about trying to resolve them in exactly the wrong ways.

According to Chomsky, we are currently living in a period of “pretty close to global stagnation” but that the world’s great powers are reacting to the lack of growth in exactly the wrong manner. “The United States and Europe are committing suicide in different ways, but both doing it.”

[…]

It’s also a mistake, he said, to treat the Republican Party as a genuine political party rather than the “lock-step” policy arm of the superrich. Of course, the wealthy can’t sell the idea of a plutocracy to the population outright, so they mobilize the socially conservative base by stoking the so-called “culture wars.”

Chomsky has a new book, Occupy, about the Occupy Wall Street movement, what it says about society and humanity’s way forward through this time of economic and social stagnation. He calls OWS “the first major public response to 30 years of class war” and believes that the movement’s greatest success has been the introduction of the inequalities of everyday life into the public dialogue.

The nearly half-hour discussion ranges over a number of topics, but keeps coming back again and again to the importance of individual engagement in society and the political system, and the power of Occupy as a force for social and political change.

Watch the full interview here . . .

Fascist America: Have We Finally Turned The Corner?

Posted on by
9

The author offers one of her periodic assessments of America’s potential to go fascist. And the news is better than it’s been in years.

Political Research Associates estimates that, at any given time in our history, roughly 10-12 percent of the country’s population has been bred-in-the-bone right-wing authoritarians — the people who are hard-wired to think in terms of fascist control and order. Our latter-day Christian Dominionists, sexual fundamentalists and white nationalists are the descendants — sometimes, the literal blood descendants — of the same people who joined the KKK in the 1920s, followed Father Coughlin in the 1930s, backed Joe McCarthy in the early ’50s, joined the John Birch society in the ’60s, and signed up for the Moral Majority in the 1970s and the Christian Coalition in the 1990s.

[…]

The conservatives know that the demographic trends are not on their side, and that whatever limited advantages they enjoy now are receding with every election cycle that passes. Right-wing America is old, white, rural, and religious — a cohort that’s shrinking with every passing year, and is even now in the process of being swamped by a tide of voters who are younger, urban, ethnically diverse, and largely non-churchgoing.

Read more . . .

Noam Chomsky: May Day

Posted on by
1

Zuccotti Park Press, a project of Adelante Alliance, a Brooklyn-based immigrant advocacy group, is releasing Occupy, a new book by Noam Chomsky, on May Day.

People seem to know about May Day everywhere except where it began, here in the United States of America. That’s because those in power have done everything they can to erase its real meaning. For example, Ronald Reagan designated what he called “Law Day” — a day of jingoist fanaticism, like an extra twist of the knife in the labor movement. Today, there is a renewed awareness, energized by the Occupy movement’s organizing, around May Day, and its relevance for reform and perhaps eventual revolution.

Read more . . .

Why the Rest of the World Should Tell the U.S. to F*** Off

Posted on by
2

Here are some uncomfortable historical facts that are largely ignored, glossed over, or blatantly suppressed in most American school curricula:

1) The United States government (largely through the CIA and its predecessors) is directly responsible for the overthrow of at least half a dozen democratically elected governments around the world over the past hundred plus years.

[…]

2) The U.S. military is currently deployed in over 150 countries around the world. That’s over three quarters of all the supposedly independent countries on the planet.

[…]

3) The U.S. is single-handedly responsible for the total global prohibition of recreational drugs and the police state that goes hand in hand with efforts to curtail their production, distribution, and use.

[…]

4) While no longer the largest contributor of greenhouse gases thanks to China’s rapid industrialization in recent years, the U.S. continues to be the greatest impediment to concerted global action on addressing anthropogenic climate change.

[…]

Pundits and hyper-patriots love to talk about “American exceptionalism.” In plain terms this translates as, “Don’t mind us. We’re just better than you.” How incredibly arrogant and off-putting to everyone else. It seems to go hand in hand with another favored myth, “Manifest Destiny,” which supposedly justified our genocidal land grab against the native inhabitants of North America. It also ties into “God Bless America,” which implores the all-powerful creator of the entire universe to play favoritism with one particular segment of upright primates, who happen to live within an arbitrarily delineated geographic region of one small planet, circling an ordinary yellow star, in the outer reaches of one of at least a hundred billion galaxies. Wow. Furthermore, if we’re going to talk the talk, we sure as hell better walk the walk to back it up. As related above, our actions continually fall far short of the lofty rhetoric we proclaim to the world (and to ourselves). No wonder there’s so much rampant anti-Americanism on display among the other ninety-five percent of humanity.

The great irony of it all is that I guarantee many people will read this article and consequently brand me a traitor, a naysayer – any number of derogatory, reactionary terms to draw attention away from things they would prefer not to think about and certainly don’t want advertised. While not surprising, it’s profoundly discouraging (not to mention childish, unfair, and counterproductive.) It’s like a monkey throwing poo at his handler for bringing him medicine.

Read more . . .

Report: American Corporations Are Adding More Jobs Overseas Than They Are At Home

Posted on by
Reply

With the nation’s unemployment rate still above eight percent, millions of Americans are looking for work, and the country’s biggest corporations are hiring. According to a new report from the Wall Street Journal, however, many of those corporations are adding jobs overseas at a faster pace than they are at home. Even worse, others are cutting their domestic workforces while adding jobs in other countries at a rapid pace.

Read more . . .