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Tag: Free Market


Free Elections or Business as Usual: Los Angeles News Group or Los Angeles Chamber of Commerce?

Corporate rule means the rules apply only to workers, but not to corporate CEOs and the ruling class. Unrestricted corporate power is capitalist totalitarianism.

Posted on May 11, 2014 READ MORE



Pascal’s Wager for the Age of Citizens United

Former NYC Mayor Michael Bloomberg told The New York Times he was confident he would walk “straight in” to heaven “without stopping to be interviewed,” because, as Salon’s Tom Frank puts it, “he has put his money on the most glaringly virtuous politics available.”

Posted on Apr 21, 2014 READ MORE



Suffering? Well, You Deserve It

An Oxford scholar warns that our outmoded economic model is a “warrant for inflicting pain” first on the poor and minorities and eventually on most of society.

Posted on Mar 2, 2014 READ MORE



AP/File

Margaret Thatcher, Britain’s ‘Iron Lady,’ Dies

The conservative Thatcher vastly reshaped Britain with her economic policies, pulling the country back from 35 years of socialism and ushering in a new era of privatization.

Posted on Apr 8, 2013 READ MORE



banspy (CC BY 2.0)

The Free Market That Isn’t

“Since 1980, the U.S. government has reduced its intervention in the U.S. economy, which has become much more of a free market.” True or false?

Posted on Mar 9, 2013 READ MORE



Flickr/Tax Credits

An Economic Alternative to Exploitative Free Market Capitalism

The commons movement protects large resources from privatization and allows collectives to regulate extraction. Exploitation is avoided because no one individual has more of a right to the source than any other.

Posted on Jan 31, 2013 READ MORE



Andy Miah (CC BY-SA 2.0)

Slavoj Zizek: The Problem Is Capitalism

The problem facing humanity today—especially those taking to the streets in protest—is an economic system that encourages and rewards greed, says the Slovenian philosopher and cultural critic. And leaders who tell us to look elsewhere are merely creating distractions.

Posted on Apr 25, 2012 READ MORE



flee the cities (CC-BY)

Locking Down an American Workforce

Prisoners, whose ranks increasingly consist of those for whom the legitimate economy has found no use, make up a virtual brigade within the reserve army of the unemployed whose ranks have ballooned along with the U.S. incarceration rate.

Posted on Apr 19, 2012 READ MORE


‘NOVA’: Mind Over Money

Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest.

Posted on Mar 17, 2012 READ MORE



Gottfried Helnwein

A Peek at Henry A. Giroux’s ‘Education and the Crisis of Public Values’

“We are more than a nation in decline; we are a nation moving toward the bittersweet simplisms, policies and values of a new form of authoritarianism,” writes Henry Giroux, in an article adapted from his new book on America’s shift away from democratic values toward a rigid, market-driven uniformity.

Posted on Sep 30, 2011 READ MORE



Flickr / Images_of_Money

As Another Crisis Looms, a Case for the Euro and Collective Action

In the discussion over how to solve Europe’s financial crisis, opponents of the euro argue “that it is a monetary straitjacket and that the best reform now would be its breakup.” Not so, says Will Hutton, author, columnist and former editor-in-chief of The Observer. (more)

Posted on Sep 21, 2011 READ MORE



Wikimedia Commons/Jessica Rinaldi (CC-BY)

Romney’s First Plan as President: Nix Obamacare

Demonstrating that peculiar Republican penchant for believing that the free market solves all that ails our nation, GOP presidential hopeful Mitt Romney proclaimed in an Op-Ed on Wednesday that he’d do away with the current president’s hard-won health care legislation ... (more)

Posted on May 11, 2011 READ MORE


It’s the Stupidity, Stupid

What could cause the intensifying politics of free-market fundamentalism at the very historical moment that proves the failure of such an ideology? Two new academic studies suggest all roads lead to ignorance.

Posted on Oct 28, 2010 READ MORE


Financial Reform Won’t Alter Capitalism’s Icarus Trajectory

Perhaps the most troubling reality in the 21st century is that our economics now dictates our cultural values, rather than the reverse, where we the people would decide how resources, production and mutual prosperity should be systematized to achieve the best society for all.

Posted on May 21, 2010 READ MORE


Rand Paul
Wikimedia Commons / Gage Skidmore

Rand Paul Calls Obama’s Treatment of BP ‘Un-American’

Since when is coddling big businesses gone horribly awry a pro-American value? Although it could be inferred that several successive administrations have abided by this economic ethic, leave it to the GOP’s newly christened Next Big Thing, Rand Paul ... (continued)

Posted on May 21, 2010 READ MORE


tea party
Flickr / ajagendorf25

Tea Party-GOP Relations Show Signs of Strain

Tea party loyalists may be situated at the right side of the political spectrum, but that doesn’t mean the upstart political movement is an adjunct to the Republican Party, no siree. As it evolves, the loosely unified conservative coalition may be moving farther away from the GOP’s orbit.

Posted on Mar 22, 2010 READ MORE


Obama’s Nuclear Option

President Obama’s publicly financed resuscitation of the nuclear power industry in the U.S. is bound to fail, another taxpayer bailout waiting to happen.

Posted on Feb 16, 2010 READ MORE


Four-Letter Word

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Posted on Oct 26, 2009 READ MORE    


Bush

Extreme Makeover: Republican Edition

They may be drawing from the same ol’ value system—based on buzzwords like individualism, faith, “family values” and free market capitalism—but prominent members of the GOP, including former Florida Gov. Jeb Bush and House Republican Whip Eric Cantor, are looking to revamp their party’s image and regain political traction.

Posted on May 4, 2009 READ MORE


Afghan ministry attack
AP photo / Rahmat Gul

Afghanistan in Crisis

The collapse of Afghanistan is closer than the world believes. Kandahar is in Taliban hands—all but a square mile at the centre of the city—and the first Taliban checkpoints are scarcely 15 miles from Kabul.

Posted on Nov 29, 2008 READ MORE


Bush

‘Daily Show’: Bush Valiantly Defends Free Market

Good thing President Bush was there to remind attendees at last weekend’s G-20 summit that capitalism isn’t all bad; after all, it gave us Hot Wheels and iPods!

Posted on Nov 18, 2008 READ MORE



White House / Shealah Craighead

Greenspan Admits Ideological Flaw

The former Fed chair told angry lawmakers on Thursday that after 40 years of buying into free-market ideology he had “found a flaw.” Rep. Henry Waxman told Greenspan “our whole economy is paying the price” because he ignored advice and resisted regulation.

Posted on Oct 23, 2008 READ MORE


Wall Street crisis
AP photo / Richard Drew

Economic Meltdown: Don’t Say We Weren’t Forewarned

Has the war on terrorism become the modern equivalent of the Roman Circus, drawing the people’s attention away from the failures of those who rule them? Corporate America is a shambles because deregulation, the mantra of our president and his party, has proved to be a license to steal.

Posted on Sep 19, 2008 READ MORE


In Utero Inc.

Renting the wombs of poor women in foreign countries has become a business, but is it a good business?

Posted on Apr 9, 2008 READ MORE


Free Market Madness

With Labor Day approaching, it must not go unnoticed that Angelo Mozilo, chief executive of Countrywide Financial—the company that has helped drive world markets into turmoil with its lending—raked in $42.9 million last year. The Nobel laureate Harold Varmus, chief executive of the Memorial Sloan-Kettering Cancer Center, was paid $2.5 million.

Posted on Aug 30, 2007 READ MORE


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