Marx said that every great event in history happens twice, the first time as tragedy and the second time as farce.
While he has been quite specific on some political questions (the climate and immigration especially), what characterizes his mission is an effort to turn our notions of who counts and who has the strongest claim on our attention upside down.
The best-selling author whose "Capital in the Twenty-First Century" has been shaking up the world says Karl Marx did not influence his research, but his statement may be tongue in cheek; the true Crimean referendum results were accidentally revealed, showing only 15 percent of voters backed annexation; meanwhile, the mayor of Seattle has proposed a plan to raise the minimum wage to $15 an hour. These discoveries and more after the jump.
“How do you expect this to play out over the next few years?” host Thom Hartmann asked economist Michael Hudson on "The Big Picture" this week “That’s what everybody’s wondering,” Hudson replied “The economy is going to shrink and shrink and shrink, and the question is whether people are going to go out in the streets or whether there’s going to be an actual response saying it doesn’t have to be this way".
Many East Germans are choosing credit cards with an image of a Karl Marx bust staring at the MasterCard logo; Urban Outfitters, owned by a right-wing conservative, is selling Mitt Romney merchandise to irony-thirsty hipsters; meanwhile, the political pressure Latinos placed on Obama is finally paying off. These discoveries and more after the jump.
In the park and other Occupied sites across the country, middle-class men and women, many highly educated but unschooled in the techniques of resistance, are taught by those who have been carrying out acts of rebellion for years.In the park and other Occupied sites, middle-class men and women unschooled in the techniques of resistance are taught by those who have been carrying out acts of rebellion for years.
Slovenian madman and intellectual hero Slavoj Zizek treated protesters encamped at New York City's Liberty Plaza to a rousing pep talk Sunday in which he confessed his fear that the Occupy Wall Street movement could devolve into a mere opportunity for youthful memory-making. (more)
Economist and New York University professor Nouriel Roubini explains that globalization, reckless lending and borrowing, and the redirection of income and wealth from industries dependent upon human labor and well-being to those composed mainly of capital (more).