Showing posts with label capitalism's turning point. Show all posts
Showing posts with label capitalism's turning point. Show all posts

Friday, March 14, 2008


March 14, 2008



IMPEACH BUSH

IMPEACH CHENEY

CAPITALISM'S TURNING POINT

Despite all the propaganda, capitalism has always been a bad economic system. Prior to the New Deal, most people were poor their entire lives with no economic security. If you couldn't find work, too bad. If you got too old to work, too bad. If you worked in conditions where you could get injured or killed, too bad. The New Deal saved capitalism from itself. But the greedy people who benefit from capitalism weren't happy with the New Deal reforms. We've seen a consistent assault on the reforms of the New Deal since the Reagan administration. Now the Bush administration has driven us to the cliff. It's obvious that "free market" capitalism will not get us out of this mess. This commentary by Peter Michaelson
is at
www.buzzflash.com:

Capitalism is a hanger-on from a time of global colonialism, when slavery was thriving and women couldn't vote. Its followers haven't been able to tear themselves away from cold-blooded, bottom-line self-aggrandizement. It has pandered to our worst instincts. It finances the pollution of our free air and free water. Its relentless expansionism is too toxic, its promises of "heaven on earth" too corrosive to our moral fiber. Something new and greener is coming.

Solzhenitsyn said that, if the world has not approached its end, "it has reached a major watershed in history, equal in importance to the turn from the Middle Ages to the Renaissance." It's an exciting time to be alive, perhaps the beginning of the good times.