Tag: depression

To go beyond the capitalist state

sanjay perera

by Steve Fraser “All that is solid melts into air” is even truer about the hyper-flux of everyday life today than it was when those words first appeared in the Communist Manifesto more than a century and half ago. Truer, that is, with one major exception.  In our political life we are fixated on the past, forever looking backward. Arguably, national politics over the last half century has polarized between efforts to defend and restore the New Deal Order and relentless attempts to repeal it and replace it with something even older.  The liberal left has fought to extend or … Continue reading To go beyond the capitalist state

Taking notes 3

sanjay perera

There are many lines that need to be crossed for things to be made better. For some it is daunting and means ‘crossing the Rubicon’. Recently, it was the attempt to cross the ‘Buffett line’ (or impose the ‘Buffett rule’) which the corporate-owned American congress stopped Obama from doing. The US is predictably prevented from even a token stance of doing what is right by its political system that actively stymies the interests of the people. It has lost the chance to ensure that those making over a million dollars annually pay a minimum effective tax rate of at least … Continue reading Taking notes 3