Taking notes 3

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

Marxism: Dead or alive?

by Zoltan Zigedy  Twenty years ago Marxism was in retreat. Actually, it had been in retreat much earlier than the fall of the Soviet Union and Eastern European socialism a decade before the end of the twentieth century. But certainly the dissolution of the USSR marked a dramatic and, for many, a surprising finale. Communism, the revolutionary expression of Marxism, was the official ideology of states that contained roughly 40% of the world’s population as late as the nineteen eighties. At the same time, in many other countries, Communists were formidable political forces possibly in reach of political power or, … Continue reading Marxism: Dead or alive?

The decline of America

by Noam Chomsky In the 2011 summer issue of the journal of the American Academy of Political Science, we read that it is “a common theme” that the United States, which “only a few years ago was hailed to stride the world as a colossus with unparalleled power and unmatched appeal — is in decline, ominously facing the prospect of its final decay.” It is indeed a common theme, widely believed, and with some reason. But an appraisal of US foreign policy and influence abroad and the strength of its domestic economy and political institutions at home suggests that a … Continue reading The decline of America