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DESCRIPTION:The Debt Ceiling Debate, Global Crisis, and Savage Austerity\nDiscussion of 
 Revolution interview of Raymond Lotta with Larry Everest.\n\n* "The 
 struggle over the debt ceiling is an expression of deep problems 
 confronting U.S. imperialism. I am speaking of the effects of the crisis in 
 the world economy… an international economic environment in flux… and 
 real budgetary constraints and contradictions bound up with the vast 
 accumulation of government and private debt."\n\n* "the tentative deal will 
 cut three trillion dollars in domestic spending over the next ten years. 
 This includes what's spent by federal agencies. It includes different types 
 of social spending and its early effects will impact education, public 
 housing, mass transit, environmental protection, and the Medicaid program. 
 And then a new wave of cuts will be phased in after the 2012 
 election."\n\n* "What kind of system puts human lives on the chopping block 
 of fiscal austerity? This is the logic of capital. This system cannot act 
 in the interests of the people. It can't because it operates according to 
 the rule of profit above all else." \n\n* "…most progressive and radical 
 critiques are arguing that this whole debt crisis has just been 
 manufactured as a way to push political-ideological agendas. I think this 
 is wrong.  It's more complicated than that… but more fundamentally, there 
 IS a global economic crisis which is the larger backdrop to all this."\n\n* 
 "there is no permanent necessity to existing conditions. Things do not have 
 to be this way. The Revolutionary Communist Party has recently published 
 the Constitution for the New Socialist Republic in North America (Draft 
 Proposal). It sets forth an inspiring vision and concrete measures for 
 building a new society."\n\n* "This vision can play a tremendously powerful 
 ideological role on the current terrain. Projecting this vision is a 
 crucial part of building a movement for revolution that can bring such a 
 new society into being."\n\n____\nRaymond Lotta is a revolutionary 
 communist intellectual and political economist.\n\n \n 
 https://www.indybay.org/newsitems/2011/08/10/18687385.php
SUMMARY:The Debt Ceiling Debate, Global Crisis, and Savage Austerity
LOCATION:Revolution Books\n2425 Channing Way(in the Sather Gate Parking Mall off of 
 Telegraph Avenue.)Wheelchair accessible,donations accepted.
URL:https://www.indybay.org/newsitems/2011/08/10/18687385.php
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