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tsuomela : class-war   33

May Day Marxism: Capitalism is looking pretty shabby.
"You see a rising tide of Rand-inflected moralism about market outcomes and a reduced emphasis on Friedman-style pragmatism. You also see a sharply reduced emphasis on belief in any kind of macroeconomic stabilization policy, in favor of a "let them eat cake slash move to North Dakota" moralism about unemployment. Last but by no means least, it really has become the conventional wisdom among American elites that the appropriate policy response to fiscal imbalance in a time of high and rising income inequality is restore balance by reducing the scope and generosity of social insurance programs."
economics  politics  marxism  class  class-war  capitalism 
may 2013 by tsuomela
I cite: Wrong message: Dave Winer on #OccupyWallStreet
"Not everything is included. It's politically imperative not to let Occupy Wall Street become an omnibus container for any and all political sentiments. Not every position should be welcomed, encouraged, or tolerated. How this plays out in the General Assemblies is an effect of the local cultures, the activists involved, the patterns of interaction. In NY, the power dynamics are already reflected upon in discussions and working groups. I expect this is also the case already in the other sites. In the same way that racism, sexism, and homophobia have no place in the movement, it should also be the case that libertarian, capitalist, and financialist attempts to interpret and guide the movement are rejected"
wall-street  activism  protests  class  class-war  rhetoric  politics  social-movement  meaning 
october 2011 by tsuomela
Politics averted: thoughts on the 'Occupy X' movement | Workers Solidarity Movement
"One of the major victories of neoliberalism is the eradication of the working-class from the popular consciousness. One of the results of this is the prevalence of the idea among certain sections of the left that the working-class is no longer relevant to understanding power in the modern world - an outdated idea clung to by old-left dinosaurs. This is reflected in the idea of 'the 99%' which has become the slogan of the 'Occupy X' movement, which expresses a very crude understanding of class, where the ruling class are an arbitrarily defined proportion of the wealthiest people in society."
wall-street  activism  protests  class  marxism  capitalism  class-war  rhetoric 
october 2011 by tsuomela
We Are the 99 Percent
We are the 99 percent. We are getting kicked out of our homes. We are forced to choose between groceries and rent. We are denied quality medical care. We are suffering from environmental pollution. We are working long hours for little pay and no rights, if we're working at all. We are getting nothing while the other 1 percent is getting everything. We are the 99 percent.
unemployment  capitalism  america  protests  poverty  class  class-war  online  story  work  labor  recession  depression  crisis  wall-street 
october 2011 by tsuomela
Contrary Brin: "Class War" and the Lessons of History
"But in fact, "class war" has always been with us. If you ever actually sit down to read what people wrote in times past - for example Adam Smith in Wealth of Nations, or even the Bible - then you know struggle and resentment between social castes was the normal state of human affairs for 6000 years, or much longer. "
politics  class-war  class  history  economics  libertarian  american 
september 2011 by tsuomela
Stumbling and Mumbling: Class, power
"We cannot have a reasonable debate about class, because cognitive biases such as these are ubiquitous. Successful power structures persist in large part because the way in which power is exercised is hidden from us. The importance of class and the lack of discussion of it are two sides of the same fact."
politics  marxism  ideology  power  class  class-war  economics  explanation  bias 
june 2011 by tsuomela
Comforting the Comfortable Part Two, or Sullivan’s Follies Redux « The Inverse Square Blog
This has gone on long enough.  You can go on down the list and look for other examples yourself: the medicine-based fortunes, entangled at every turn in a system of government support from direct health care payments to enormous taxpayer investments in drug discovery and basic research; the sports wealthy, whose wallets have been fattened on many occasions by a wide variety of taxpayer-delivered goodies, from roads built around stadia to bonds sold, with taxpayers on the hook, to subsidize “private” business.  Media?  See internet, taxpayer funded, above.  You get the picture.
..
It is to say that they have already been very richly rewarded for their accomplishments, that even the most original of them have reached their happy state within a framework of public goods, owned in common, and paid-for-by-others  – and to note that a substantial proportion of them have less reason than others to claim particular personal credit for their fortunate situation.
class-war  wealth  taxes  ideology  rich  rewards 
november 2010 by tsuomela
Balloon Juice » Blog Archive » Please Just Make Sullivan Stop Writing About This
And Sullivan is upset because “the Balloon Juice gang” won’t give our “successful betters” like Donald Trump and that whiny professor from Chicago a sloppy blowjob for bearing the horrifying burden of being rich. According to Andrew, unknown numbers of liberals refuse to internalize some bullshit he made up, when he can’t even see what is going on before his very eyes. The fact that the wealthiest in society have managed to convince Sully, the teahadists, and middle and low income Republicans that it is the poor waging class warfare is a greater feat for the Wurlitzer than even the Devil’s greatest trick
class-war  wealth  taxes  ideology 
november 2010 by tsuomela
Americana: Psychological Capture
I wonder where or if this is even a breaking point for Americans, or if we are just going to accommodate ourselves to an unraveling. There is so much bullshit, delusion and entitlement larded into a perception of loss that is grounded in reality, that I doubt Americans will ever have a coherent reaction to these events...Some of the more ridiculous manifestations of this, such as the Tea Party, are wildly overblown and exaggerated, but there is enough ‘there’ there to support this point. This is the greatest trick the elites have pulled, to put in the minds of the working class the perspective of the wealthy. That is the absurdity of having a guy struggling with 3 part time jobs become visibly upset at talk of unions. The other great trick has been the prolific exploitation of cognitive dissonance, of, for example, a public school teacher enraged at government spending or a medicare recipient pissed off at the prospect of government getting involved in health care.
politics  future  psychology  ideology  reform  hope  breaking-point  class  class-war  wealth 
november 2010 by tsuomela
Op-Ed Columnist - The Class War We Need - NYTimes.com
In the age of Barack Obama, many rank-and-file conservatives have been more upset about redistribution of a different sort — the kind that takes money from the prosperous and “spreads the wealth” (as Obama put it, in his famous confrontation with Joe the Plumber) down the income ladder.

This kind of spending can be problematic. But conservatives need to recognize that the most pernicious sort of redistribution isn’t from the successful to the poor. It’s from savers to speculators, from outsiders to insiders, and from the industrious middle class to the reckless, unproductive rich.
economics  politics  welfare  business  corporate  corporatism  spending  conservatism  class-war 
july 2010 by tsuomela
Let Them Eat Cake - Umair Haque - HarvardBusiness.org
So let's reframe the question. Should the Average Josephine save more when her government is hell-bent on inflating it's way out of a debt crisis, mirrored by bailing out banks without punishing bankers or bettering regulation and governance?

The answer's simple: are you kidding? Of course not.

Or at least not until bankers agree to have their bonuses taxed at a marginal 99.9% rate, and until both political and financial governance are made radically more open and transparent.

Until then, calls for savings from massively rich old dudes (especially to a generation who's watching its future being eviscerated) are nothing short of a 21st century "let them eat cake".
economics  recession  ethics  savings  rhetoric  class-war 
march 2009 by tsuomela
TPMCafe | Talking Points Memo | A Political System Utterly Unresponsive to the Poor
The eminent political scientist Robert Dahl once suggested that "a key characteristic of a democracy is the continued responsiveness of the government to the preferences of its citizens, considered as political equals." By that standard, contemporary America hardly seems to qualify. While cynics will not be surprised to hear that poor people are less than equal in our political system, even they should be shocked and disturbed by the strength of the empirical evidence suggesting that the views of millions of poor Americans are utterly ignored by their elected representatives.
politics  political-science  american  poverty  fairness  justice  class  class-war 
december 2008 by tsuomela
FT.com / Arts
As Vidal complained in the same essay for the New York Review of Books, “of all our novelists, Auchincloss is the only one who tells us how our rulers behave in their banks and their boardrooms, their law offices and their clubs. Yet such is the vastness of our society and the remoteness of academics and bookchatterers from actual power that those who should be most in this writer’s debt have no idea what a useful service he renders us by revealing and, in some ways, betraying his class.”
book  review  author  people-louisauchicloss  class  class-war  power  literature 
december 2008 by tsuomela
Why Do Americans Still Hate Welfare? - Economix Blog - NYTimes.com
In his book “America’s Struggle Against Poverty in the Twentieth Century,” James Patterson, a professor of history emeritus at Brown University, writes that “the image of the poor person in the 1930s was the agrarian farmer, down on his luck, but not complaining.” Think of Tom Joad, the protagonist of John Steinbeck’s novel “The Grapes of Wrath.”

Starting in the mid-1960s, however, that image began to change: poverty –- especially welfare — became seen by many as largely an African-American phenomenon. It was also during this decade that the word “welfare,” which previously did not have a negative connotation, became “a political epithet,” according to Sanford Schram, a professor of social policy at Bryn Mawr College
economics  class  class-war  poverty  welfare  government  bailout 
december 2008 by tsuomela
The GOP Blames the Victim - WSJ.com
Most of the mistakes for which we are paying now, Mr. Black told me, were actually made "by four entities that under conservative economic theory should have exercised effective market discipline -- the appraisers, the originators of the mortgages, the rating agencies, and the investment banking firms that packaged the subprime mortgage-backed securities." Instead of "disciplining" the markets, these private actors "served as the four horsemen of the financial apocalypse, aiding the accounting fraud and inflating the housing bubble." It is they, Mr. Black says, who "turned a crisis into a catastrophe."

Ah, but truth is no ally to a conservative with his back to the wall. So much more helpful are the trusty narratives on which the movement was built. So when we have dispatched this first canard, we learn from other conservatives that it is the sub-prime people who are to blame
economics  crisis  2008  blame  politics  race  class-war 
october 2008 by tsuomela
Firedoglake » There Was a Class War. The Rich Won It.
So, if you're an ordinary slob, you haven't had a raise in over 30 years. In fact, your real wage peaked over 30 years ago and it's never recovered.

Productivity and Wages

Productivity and Wages

This would be ok if the US hadn't been getting richer, ge
economics  politics  class  class-war 
july 2008 by tsuomela

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