Category Archives: Social policy

Questioning the Underlying Structures of Property and Power is “Off the Table”

Yves here. The Real News Network interview below with Vijay Prashad, a professor of international studies at Trinity College, is part of a series that examines the power dynamics that undergird our economic system. Unlike most interviews, this one is more ruminative. Rather than trying to deliver some key observations to viewers, this one is more intended to help people recognize that they have blinkered views on some issues.

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Stephanie Kelton: Reading Between the Lines – A Memo from Fed Chairman Marriner Eccles

Stephanie Kelton does an important service in discussing a memo from the Fed chairman during the Roosevelt Administration, Marriner Eccles. I was reminded of Eccles’ a fine appreciation for how the real economy worked and how government actions affected business. This keen eye for the fundamentals is sorely absent among most macroeconomists and policy experts today.

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Ilargi: Capitalism, A Norwegian Rat And Some Cockroaches

Yves here. Ilargi takes up one of our favorite topics, how the fetishization of numbers and measurement is at best misguided and at worst profoundly dysfunctional, as we discussed in a 2006 article, Management’s Great Addiction.

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More Obama Big Lies: Touting Sweatshop Amazon Warehouse Jobs as “Middle Class”

Obama needed a visual to show that, no, really, truly, jobs really are being created somewhere in America for yet another one of his exercises in trying to pretend that he’s on the side of ordinary Americans. So Obama used as his backdrop an American success story, Amazon, which is opening a new a warehouse in Chattanooga and hiring 7,000 people. That choice tells you everything about what Obama’s “middle class” program is really about.

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The Decline and Fall of Detroit

The bankruptcy filing and underlying train wreck of the once prosperous city of Detroit carries so much symbolic and practical baggage as to be beyond the scope of a single post. So rather than attempt to do a deep dive, particularly since the media and various experts are still weighing in, I thought I’d offer some high level observations and let readers provide more information, observations, and links.

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My Game of Thrones Problem

I’m normally not victimized, particularly not by pop culture. But I’m feeling more than a bit victimized by Game of Thrones (the books) and was separately asked this week by a buddy for an explanation as to why the series has become a mass phenomenon. That question is more important than my frustration, but I’ll address both and hope that readers will also give their perspective on what the series says about the zeitgeist.

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Chris Hedges: “America is a Tinderbox”

A Real News Network interview with Chris Hedges precipitated a lively, thoughtful discussion of the mess we are in as a civilization and whether we can pull ourselves out of what looks like a nosedive.

I thought readers might enjoy continuing the exchange, and the latest release in this Real News Network series should provide ample grist for debate.

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The Global Race for Inventors

Yves here. I wonder if the pattern described in this article, which is basically a brain drain of inventors to the US, is playing a meaningful role in the degradation of public education in the US. Why do the elites need to care about home-grown “talent” if they exploit the investments in schooling made by other countries?

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On the Poor Definition and Measurement of Corruption

Sadly, we’ve entered into a world where the word “corruption” has become inadequate to describe the many and varied practices of profitable abuse by the powerful and connected of their inferiors. Like the popular (and sadly apocryphal) accounts Inuit with their numerous words for “snow,” we need more refined and granular terminology to describe various types of corruption. Hugh uses “kleptocracy” but that’s a name for a system of governance, not particular behaviors within that system.

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“Immigration Reform” = “Surveillance Reform” as Military Tactics Move Inland From US Borders

Yves here. The latest post at TomDispatch, Creating a Military-Industrial-Immigration Complex, How to Turn the U.S.-Mexican Border into a War Zone by Todd Miller, describes how the US border with Mexico, which is being defined more and more generously, has become an R&D lab for US security operations, as well as a new profit opportunity for defense contractors, who are looking for ways to repurpose combat equipment for domestic use. To put none too fine a point on its, the police state will be perfected on illegal immigrants or in-the-wrong-place-at-the-wrong-time Americans mainly of color, and then deployed on the rest of us. The 17 city paramilatary crackdown on Occupy was just the warm-up act.

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