Sunday, September 25, 2011

Diary with a Twist


Lets not forget how we got here into this global mess - globalization, banking deregulation, privatization and free market capitalism as the cure for everything.

Agreed. But let's also not forget the prior problems that left us looking for the cure for everything.

1 comment:

Jazzbumpa said...

But let's also not forget the prior problems that left us looking for the cure for everything.

I really don't think that's how it played out. I do not believe that there was a search for solutions. The moneyed elite has desired the death of the New Deal since the very first moment of the New Deal.

Globalization, deregulation, privatization and the morphing of capitalism into trans-national mega-corporatism are all ways of transferring even more wealth and power to the elite.

They want an impoverished, ignorant and desperate work force. It is the new feudalism.

WASF,
JzB