by Richard D. Wolff Recent press reports refer to troubling price increases for such assets as real estate, government bonds, companies targeted for acquisition and artwork. A New York Times front-page headline read “The Everything Boom, or Maybe the Everything … Continue reading Marxian Economics vs Capitalism
by Henry A. Giroux I consider the survival of [fascism] within democracy to be potentially more menacing that the survival of fascist tendencies against democracy. — Theodor W. Adorno Americans are confronted daily with the violence of inequality. The rich have longer life spans, better health care, access to better educational opportunities, and an abundance of food. [1] Many live in palatial homes in gated communities and wield a disproportionate amount of control and power over the major social, cultural, and political apparatuses that shape everyday life.[2] Unlike most Americans, the extravagantly rich are protected from the massive degree of … Continue reading Capitalism’s dead zone: Chicago’s lessons on the violence of inequality
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
Philosophers for Change 