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By definition, capitalism is: An economic system based on private ownership of the means of production (industry, banks, technology), where through the process of market competition, production occurs for private profit — if something cannot be sold for a profit it is not produced.
In practice, private ownership has evolved into giant corporations, which monopolize production, markets, and government via campaign contributions, corporate lobbying (often legalized bribery) and promising po...
Posted: Thu, Oct 13, 2011 2:01pm PDT
Japanese closed markets, Korean high tariffs, Colombian
trade unionists murdered... etc...
Posted: Thu, Oct 13, 2011 8:37am PDT
The Common Welfare Economy provides an economic systemic alternative to the free market as well as to the centrally planned economy, a completely different way and partly also a synthesis from both major historical concepts....
Posted: Thu, Oct 13, 2011 7:29am PDT
Maybe Mayor, you should think a little about what Rose Kennedy would do....
Posted: Wed, Oct 12, 2011 4:56am PDT
The crisis is 30 years old, not three years old. The causes of the crisis should be tracked down in the real goods-producing economy, not in the financial markets. The wildly proliferating financial markets did not drag goods-producing industry to the abyss. Rather these financial markets were kep alive up to the collapse of the speculative bubble by credit-financed demand. The financial crisis changes into a state debt crisis....
Posted: Tue, Oct 11, 2011 5:47am PDT
I have been following the Occupy Wall Street developments with interest because ultimately I consider the only reasonable way entrenched elites become unseated is if there is mass action by citizens. I do not think military coups are a very sound way to lay the groundwork for grassroots democracy. I also like the idea of a “leaderless resistance movement with people of many colors, genders and political persuasions” although politics doesn’t take long to creep in and steer movements like thes...
Posted: Sun, Oct 9, 2011 2:39pm PDT
What do the protestors want? A solution to the jobs crisis, corporate money out of politics, fairer tax rates, and policies that work for 99% of Americans instead of the 1% at the top....
Posted: Fri, Oct 7, 2011 8:17am PDT
Peace and resistance are part of our nature as antibodies are part of our bodies.
Community centers and soft power are like treasures in the field forgotten by Rambo/Have Gun Will Travel USA.
One world where many worlds fit and where everyone has a place is the Zapatista vision.
Viva Occupy Wall Street! Viva Occupy K-Street!...
Posted: Thu, Oct 6, 2011 6:13pm PDT
Last night while I was watching MSNBC...
Posted: Thu, Oct 6, 2011 4:02pm PDT
All should oppose new Santa Cruz library model, which cuts library positions and service....
Posted: Thu, Oct 6, 2011 2:48pm PDT
The Labor hierarchy is concerned about the influence the Occupy movement might have on the Unions' rank and file and will enter the Occupy movement in order to temper it, derail it and send it in to the Democratic Party as they did with the Madison events. The Occupy movement should beware the hierarchy and Labor's "official" representatives and welcome the rank and file worker....
Posted: Thu, Oct 6, 2011 1:56pm PDT
Last night while I was watching MSNBC...
Posted: Thu, Oct 6, 2011 8:00am PDT
TWU 250 A operators blasted the MTA and Muni for failure to protect the health and safety conditions of drivers and the public while also stealing money from their trustee fund to use for the $1.5 billion tunnel project to Chinatown. They were joined by Terry Baum a candidate for Mayor and Howard Wong, past president of IFPTE Local 21....
Posted: Wed, Oct 5, 2011 9:53pm PDT
The crisis began in the US where the government became heavily indebted after September 11, 2001 in the war against terror and where property owners, banks and hedge funds long lived openly on credit. Now banks and hedge und unhinge whole states. The German government was laughed at when it prohibited short-selling in 2010....
Posted: Wed, Oct 5, 2011 4:50am PDT
"Few institutions in our society are more in need of condemnation than the big banks and stockbrokers based where the critics are now camped. “Why are people protesting Wall Street?” For anyone who has lived through the recent economic collapse and the ongoing crises of foreclosure and unemployment, this question almost answers itself."...
Posted: Fri, Sep 30, 2011 6:21am PDT
Thom Hartmann speaks on "Let's keep feudalism where it belongs - in school textbooks."
Mary Robinson speaks on "The War on Terror was a Mistake."...
Posted: Thu, Sep 29, 2011 5:08am PDT
Corporations Try To Break the Unions at Washington and Oregon Ports. ILWU Fights Back!...
Posted: Tue, Sep 27, 2011 12:58pm PDT
The state was extorted by the banks. Bailing out the banks was regarded as without alternative. Disadvantaged population groups bear the consequences of a protection of the creditors and an extreme public indebtedness.. Rating agencies should become public institutions and system-relevant banks dismantled.. Growth- and stability funds should be established as the credit-givers of last resort....
Posted: Tue, Sep 27, 2011 5:29am PDT
45 years ago JKGalbraith was shocked at the public squalor alongside privgate affluence. in 2008-10 trillions were given to banks and Wall St so private losses became public losses. By relieving corporations of wage costs, non-wage labor costs and taxes, neoliberal supply strategy worsened growth and employment. The growth phase moves into a stagnation phase. Stagnation cannot be annulled, only mitigated by increasing wages, mass demand and purchasing power. Reducing working hours is central ...
Posted: Mon, Sep 26, 2011 5:25am PDT