Tag Archives: Economics

Richard Wolff – The Political Economy of Obama/Trump

Link to an article by Richard Wolff:

“The Political Economy of Obama/Trump”


(One small caveat about this article.  This statement is misleading: “Strictly trickle-down economics was how his administration ‘handled’ the 2008-09 crisis. Nothing remotely like the New Deal’s taxing the rich to fund programs for the poor and middle was proposed or debated, let alone adopted as policy.” At the federal level, there is no need to tax the rich to pay for programs for the poor, because the USA is no longer on the gold standard as it was during the New Deal.  Today, money can simply be printed to fund these programs, within reasonable limits.  This is explained in detail by Modern Monetary Theory publications.).

Joseph Ramsey – Does America Have a Gun Problem… or a White Supremacy Capitalist Empire Problem?

Link to an article by Joseph Ramsey:

“Does America Have a Gun Problem… or a White Supremacy Capitalist Empire Problem?”

I find it much harder to look past the problems with Michael Moore’s film Bowling for Columbine, but Ramsey offers some extremely interesting observations that don’t really depend on even seeing the film.

Bonus link: “When Liberals Go Wrong”

Variety Shows Then and Now

It recently occurred to me—while watching a Muppets movie—that there is a noticeable different between television variety shows from the time when The Muppet Show was on TV and today.  Back then, variety shows with song, dance and miscellaneous acts tended to have a stable company performing regularly, and drew in guest performers.  Sometimes the guests were “new” potential stars, being “introduced” through the show, but as much or more often they were established professional entertainers of some sort.  Today, in marked contrast, the traditional “variety” shows (and specials) are mostly gone, but in their place are “reality” shows framed around competitions.  These are sometimes exclusively singing or dance oriented, or might be open to a variety of “talent show” acts beyond just song and dance.  These new shows often have judges, either supposed industry “experts” or entertainment celebrities, who pass judgment on the competing acts.  These differences between similar television shows of these eras actually matches up quite closely with the “market” logic of the present “neoliberal” era.  Now, the shows have “elite” judges and a bunch of rabble competing for some sort of recognition or prize, their being too little reward allocated for all performers.  There is no job security for the contestants, who have to compete against each other–the judges standing apart from that competition.

Jeffrey St. Clair & Alexander Cockburn – King of the Hate Business: Inside the Southern Poverty Law Center

Link to a reprint of an article by Jeffrey St. Clair & Alexander Cockburn:

“King of the Hate Business: Inside the Southern Poverty Law Center”

Bonus quote: “PC anti-racism is sustained by the surplus-enjoyment which emerges when the PC-subject triumphantly reveals the hidden racist bias on an apparently neutral statement or gesture