Category Archives: The destruction of the middle class

Journey into a Libertarian Future: Part II – The Strategy

By Andrew Dittmer, who recently finished his PhD in mathematics at Harvard and is currently continuing work on his thesis topic. He also taught mathematics at a local elementary school. Andrew enjoys explaining the recent history of the financial sector to a popular audience.

Simulposted at The Distributist Review

This is the second installment of a six-part interview. For the previous part, see here. Red indicates exact quotes from Hans-Hermann Hoppe’s 2001 book “Democracy: The God That Failed.”

ANDREW: Do other libertarians agree with your idea of a libertarian society?

CODE NAME CAIN: Well, we do have our differences. For example, the Cato Institute is severely compromised by numerous left-leaning libertarians such as David Boaz. The Cato tag-alongs and certain other prominent libertarians imagine that an extremely small government would be better than no government at all. They are, of course, wrong.

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Journey into a Libertarian Future: Part I –The Vision

By Andrew Dittmer, who recently finished his PhD in mathematics at Harvard and is currently continuing work on his thesis topic. He also taught mathematics at a local elementary school. Andrew enjoys explaining the recent history of the financial sector to a popular audience.

Simulposted at The Distributist Review

Recently journalist Philip Pilkington has interviewed authors with unconventional perspectives on economic issues, including Satyajit Das and David Graeber. I thought it would be fun to interview someone too – but the man I interviewed uses a pseudonym. This is a six-part series.

ANDREW: Some people say that you represent a fringe view, and so interviewing you is a waste of time.

CODE NAME CAIN: If people obsessed with inside-the-Beltway conventional wisdom underestimate libertarians, so much the better.

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Tom Ferguson: Democratic Governance Is Becoming Discredited

I suspect many Naked Capitalism readers would regard “democratic governance” as something of an oxymoron in the US. Our favorite curmudgeon, political scientist Tom Ferguson, discussed the failure of the supercommittee negotiations and what it means for politics and the economy. He sees the danger of government by technocrats, meaning experts who are really fronts for banking interests, as rising.

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Philip Pilkington: The Coming Age of Neocla

By Philip Pilkington, a journalist and writer living in Dublin, Ireland

We stand for the withering away of the state. At the same time we stand for the strongest state power that has ever existed. Is this “contradictory”? Yes, it is contradictory. But this contradiction fully reflects Marx’s dialectics.

– Josef Stalin in remarks to the Soviet Party congress in 1930

Such is the contorted nonsense that flows from doctrine and dogma when these become institutionalised. When dogma is confined to the armchair of the intellectual or the blackboard of the social scientist it is innocuous – simply an attempt by one individual to make sense of a world that they will never, in truth, ever make sense of. But when it comes to occupy a seat of power it becomes like a steamroller that can crush common sense and practicality in a misled attempt to change the world for the better.

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Is a Eurofix Around the Corner?

After telling readers that the Eurozone leadership looks to be suffering from “dulled reaction times…so out of line with market events that even if they were to snap our of their stupor now, it would be too late,” news reports suggest that they have finally roused themselves.

Or have they?

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Mark Ames: How UC Davis Chancellor Linda Katehi Brought Oppression Back To Greece’s Universities

Yves here. Reader sidelarge raised the issue yesterday in comments, of UC Davis chancellor Linda Katehi’s role in abolition of university asylum in Greece. The story is even uglier than the link he provided suggests.

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An Open Letter to the Winter Patriot

By Mitch Green, a Ph.D. student at the University of Missouri, Kansas City. Cross posted from New Economic Perspectives

The following letter reflects my view on the subject of civil disobedience…I offer my opinion as an Army veteran, student of the economy, and critic of an ongoing effort to wage economic war on the vast majority the population. If these words move you, I urge you to consider honestly the consequences if you decide to act.

As the Occupy movement continues to grow in defiance of the heavy-handed police action determined to squelch it, a natural question emerges: What point will the military be summoned to contain the cascade of popular dissent? And if our nation’s finest are brought into this struggle to stand between the vested authority of the state and the ranks of those who petition them for a redress of grievance, what may we expect the outcome to be?

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Mark Ames: Libertarian Liars: Top Reagan Adviser, Cato Institute Chairman William Niskanen: “Deficits Don’t Matter”

By Mark Ames, the author of Going Postal: Rage, Murder and Rebellion from Reagan’s Workplaces to Clinton’s Columbine. Cross posted at The eXiled

Another Monday, another “deficit crisis” panic. If you haven’t got the feeling yet that you’re being played like a sucker over this alleged “deficit crisis,” then let me help you cross that cognitive bridge to dissonance. It comes in the figure of the recently-deceased William Niskanen, the embodiment of how Reaganomics and the Koch brothers’ libertarian movement were joined at the hip.

This is a brief story about how the 1% transformed this country into a failing oligarchy, and their useful tools, starting with A-list libertarian economist William Niskanen, Chicago School disciple of Milton Friedman, advocate of the rancid “public choice theory.”

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Marshall Auerback: The more you deflate, the bigger the debt problem gets

Cross-posted from Credit Writedowns Marshall Auerback was on Fox Business last week talking about the European sovereign debt crisis. He said he is very concerned not just about the national solvency problem in the euro zone but also about the debt deflationary policy remedies now being implemented across the whole of the euro zone. He […]

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Are You Happy That Your Tax Dollars are Going to Crush #OWS and Other Occupations?

Jon Walker at FireDogLake teases out an issue that has probably occurred to many of you: how exactly have these big, and now coordinated, crackdowns on OWS been paid for? In cash-strapped Oakland, for instance, the first big raid, the one in which Iraq war veteran Scott Olsen was critically injured, the city called in forces from 17 different operations. In New York, as the Grey Lady reported in loving detail, the police engaged in extensive, secret rehearsals before going live. This wasn’t policing. It was a military operation.

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Mark Ames: Austerity & Fascism In Greece – The Real 1% Doctrine

By Mark Ames, the author of Going Postal: Rage, Murder and Rebellion from Reagan’s Workplaces to Clinton’s Columbine. Cross posted from The eXiled

See the guy in the photo there, dangling an ax from his left hand? That’s Greece’s new “Minister of Infrastructure, Transport and Networks” Makis Voridis captured back in the 1980s, when he led a fascist student group called “Student Alternative” at the University of Athens law school. It’s 1985, and Minister Voridis, dressed like some Kajagoogoo Nazi, is caught on camera patrolling the campus with his fellow fascists, hunting for suspected leftist students to bash. Voridis was booted out of law school that year, and sued by Greece’s National Association of Students for taking part in violent attacks on non-fascist law students.

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Was the New York Times Embedded with the NY Police Department Prior to the #OWS Raid?

A longstanding NC reader and lower Manhattan resident e-mailed me:

I was curious about the first couple of pictures in this set from the NY Times. How were they able to get pictures of the NYPD gathering by South Street Seaport, before the raid?

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Video of Police Assaulting #OWS Protestor and Punching Woman in the Face

We’ve commented how the police kept the media far away during the crackdown in Zuccotti Park last night so as to prevent capture of images of the efforts to clear the square. There were reports at the time via the live feed of protestors being tear gassed and dragged away by their arms and legs, and later of the use of pepper spray and batons.

This video was from this morning, when the police were keeping protestors out of the park, an illegal violation of a court injunction. The protestors show a copy of the court order and are (predictably) denied access to the park. The woman was punched at around 1:45; the footage does not show the actual blow, but you can pretty clearly infer from her suddenly being on the ground in obvious pain what happened.

If this is what you see, imagine what happened last night, with no cameras and videos to constrain police aggression.

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Police State: #OWS, Other Crackdowns Part of National, Coordinated Effort; Bloomberg Defies Court Order to Let Protestors Back into Zuccotti Park [Update: Judge Rules in Favor of City]

The crackdowns on the Occupations around the US are as ugly as they seem.

The area around Zuccotti Park was subject last night to a 9/11 level lockdown over peaceful, lawful protests by a small number of people. No credible case has been made by the officialdom that the protestors had violated any laws. Martial law level restrictions were in place. Subways were shut down.Local residents were not allowed to leave their buildings. People were allowed into the area only if they showed ID with an address in the ‘hood. Media access was limited to those with official press credentials, which is almost certainly a small minority of those who wanted to cover the crackdown (the Times’ Media Decoder blog says that journalists are describing the tactics, as we did, as a media blackout). Moreover, reading the various news stories, it appears they were kept well away from the actual confrontation (for instance, the reported tear gassing of the Occupiers in what had been the kitchen, as well as separate accounts of the use of pepper spray and batons). News helicopters were forced to land. As of 10 AM, reader Wentworth reported that police helicopters were out in force buzzing lower Manhattan.

Gregg Levine tells us, based on a BBC interview of Mayor Quan of Oakland, that as some readers and this blogger speculated last night, the 18 police action was a national, coordinated effort. This is a more serious development that one might imagine.

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Zuccotti Park Being Raided NOW, If You Can, Join #OWS (Updated)

I just got the alert via e-mail. They are doing open mike now and calling for people in NYC to come to Zuccotti Park in large numbers.

I’m not clear on the immediate conflict. The current open mike discussion has a black disabled person objecting to police stop and frisk, which is apparently being done in the park. Will go to Twitter and update.

Live stream:

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