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Tag Archives: Capitalism
Only In America: The Rebecca Rubin Doll
One Rebecca Rubin has an FBI wanted poster and the other comes with toy challah bread. Newly Marketed ‘American Girl’ Doll Accidently Named After Alleged Eco-TerroristBy Tara Lohan / June 2, 2009 Apparently hoping to expand their marketing reach, Mattel … Continue reading
Venezuela Seizes Non-Compliant Cargill Plant
Last March President Chavez nationalised Cargill’s rice plant.Venezuela seizes US pasta company Venezuelan officials accompanied by soldiers have seized “temporary” control of a US-owned pasta producer. Venezuela says the plant, owned by the big US firm Cargill, had violated regulations … Continue reading
Drug Company Gifts to Doctors: Staunching the Flow
Group Advises Stopping Flow of Gifts to DoctorsBy Gardiner Harris / April 28, 2009 WASHINGTON — In a scolding report, the nation’s most influential medical advisory group said that doctors should stop taking much of the money, gifts and free … Continue reading
Keith Joseph : Why Socialism? Because of Wednesday!
Watching the clock under capitalism: Dali-inspired melting clock / e-potpourri. Once you get through Wednesday, only two more days to go until the weekend… The weekend is real life — the work-week is its interruption. Work is what we do … Continue reading
Cheap Labor: The Common Thread of the South
Southern Oligarchy and the Labor UnionsBy Joseph B. Atkins / February 2009 OXFORD, Miss. — Cheap labor. Even more than race, it’s the thread that connects all of Southern history—from the ante-bellum South of John C. Calhoun and Jefferson Davis … Continue reading
David P. Hamilton : Sea Change
Sea Change. Future debates will be over how fast and how far to push change, primarily involving the conversion of private to public, not whether change is desirable. Maintaining the status quo is almost an irrelevant position. By David P. … Continue reading
Recession: Time to Beat Up Workers Some More
A much better case could be made that American workers are getting the crap beat out them right now, but this article is a beginning. Not only is this financial meltdown not serving up a much-deserved comeuppance to big business, … Continue reading
Genetically Modified Crops and the Coming Capitalist Consensus
“GMO giant Monsanto is steamrolling India:” A Greenpeace protester sprays milk-based paint on a Monsanto research soybean field near Atlantic, Iowa. AP photo. These folks are pushing Genetically Modified crops (GMO’s) onto the Third World in the name of ending … Continue reading
Posted in Rag Bloggers
Tagged Agriculture, Capitalism, Genetic Engineering, Global Economy, Third World
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Roger Baker : Capitalism and its Minsky Moment
Minsky’s Burlesque. [Basically the same thing.] Photo by Peter Stackpole, 1938 / Life / © Time Inc.‘Whenever capitalism seems to have mastered the secret of eternal success, it has a natural urge to step on the gas pedal.’By Roger Baker … Continue reading
Posted in Rag Bloggers
Tagged Capitalism, Economic Crisis, Finance, Global Economy, Minsky
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The First Domestic Workers Congress
Conference panel—photo courtesy of Jill ShenkerDomestic Workers Rising UpBy Elizabeth Martinez / January 2009 When I had a mild stroke two years ago, some assistance was needed at home to clean, prepare dinner, and help me with my exercises. I … Continue reading
The Dynamics of a Deflationary Spiral
Goody’s Family Clothing appears to be the first retail casualty of a tough holiday season. Above, a store in Knoxville, Tenn., in 2005 during better times. Photo by AP. One problem in engineering an eventual recovery is that so much … Continue reading
Unregulated Markets Led to Economic Ruin
Source.Laissez-Faire Capitalism Should Be as Dead as Soviet CommunismBy Arianna Huffington / December 22, 2008 The collapse of Communism as a political system sounded the death knell for Marxism as an ideology. But while laissez-faire capitalism has been a monumental … Continue reading
