“Government of the rich, by the rich, and for the rich must soon perish from the earth—or the climate perishes first.”
Big words, like good and evil, come with lots of emotional baggage, little of which stands up to logical scrutiny. The rhetoric of evil drags terms from old-time religion and serves the political class by oversimplifying moral and political complexity, a kind of instant moral sound bite. Is money really evil? Or all of capitalism? Or the western world as if personifies only the worst of humanity? What applies to individual morality works much less well with abstract institutions.
Socialism is a word a lot of citizens fear, but Social Security, Medicare, Medicaid, Food Stamps, military and other social programs administered by the U.S. government are all socialistic aid the U.S. uses.
Public colleges have long been expected to benefit from academic research. But that all changed in 1980 with the Bayh-Dole Act. Now universities are more deeply entrenched in the capitalist world—a true degradation of higher education.
Crony capitalism, corporate personhood and too-big-to-fail corporations are the biggest problems in today’s economy. Robert Jensen's new book offers an honest economic analysis, which critiques capitalism.
Members of the sinking middle class in our pathologically unequal society may well find it convenient to blame people in lower economic classes, who are unlikely to fight back. It's a game for the people looking down on a troubled nation.