If onetime University of Texas aspirant Abigail Fisher prevails on all of her claims, the last tepid vestiges of race-conscious affirmative action will end at public colleges and universities throughout the land.
The Nation magazine sports columnist Dave Zirin and Danielle Walker, leader of "Racism Lives Here" events at the University of Missouri, talk about the significance of the strike by the school’s football team that led to the ousting of President Timothy Wolfe.
Tim Wolfe’s statement of resignation included a remarkable testament to the power of smart, direct-action protest.
The treasured University of Missouri, Kansas City economics professor Michael Hudson explains to RT how debt is used "as a means of foreclosing on property and transferring" it "from the debtor to the creditor."
Ideology: A set of assumptions so appealing that one looks at their abstract logic rather than how the world actually works. (See Insanity.)
Free markets: Markets dominated by the financial and propertied classes whose objective is to secure all discretionary income for themselves, ultimately by asset stripping, leaving the economy without freedom of choice except to pay the rentier class.
Dependency: the loss of choice. Establishing a world system based on foreign dependency is the aim of the Washington Consensus.
Capitalism: The term used to describe the social system based on promoting the accumulation of capital. Long used mainly as an economic invective, the term only recently has become more glorified by neoliberals, referring mainly to finance capitalism.
Unlike psychological terminology -- which consists mainly of terms of invective (try to think of a desirable personality complex) -- today’s economic vocabulary is euphemistic. One rarely hears the terms "rentier" or "usury" that played so central a role in the debates of past centuries.