So this interesting tale of a front-line foreclosure realtor showed up in my rss feed today. Go on, give it a read, and then come back. My comments can wait.

“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many simply have to work harder, in conditions that grow ever more insecure, to enrich the few.”

That pretty much sums up my whole neurosis. In Britain, the top 10% have 100 times more household wealth than their compatriots in the bottom 10%, and that doesn’t take into account investments and other sorts of securities. This is a significant margin, and it should come as no surprise that the “underclass” revolted.

So what’s our excuse here in the States? The income and wealth inequalities are easily that high here, yet we see no riots, no looting. This is something to consider if we ever want to see any sort of equitable income and … Read More »

Among other things, Nouriel Roubini claims that Marx was right: Capitalism will destroy itself. Watch it!

From the Dylan Ratigan Show, with apologies for the yelling:

So what’s the problem? The Executive, Legislative, and Judicial branches have been bought and paid for by corporations and bankers. Ummm… No5hi7.

So what’s the solution? For Dylan, it’s for the President to give a speech that lays out the connections between money and politicial power, and urges citizens to change the system. Sounds great! GoGo.

Except for one, smallish thing: The POTUS is bought and paid just like all the rest of the jerks that the corporations hired to serve their interests at our expense. Mr. Obama cannot solve the problem: he’s a big part of the problem.

So what’s the solution? It is going on all over the world, and I await its arrival here (but I’m not holding my breath).

AlJazeera on the Indignant.

Nobody expects the Spanish Revolution!

Race, Class, and Gentrification in Harlem is a microcosm of the rest of the United States. Believe it.

This looks pretty flipping amazing. GoGo Activism!

Update: I was privileged to receive a review copy from the producer, Lauren Simpson, and the film is amazing, just as I hoped.

It’s not state-side  yet, but they’re working on it, and if you want to get involved, visit their website, and maybe you can help bring this inspiring tale to more people.

Barton Biggs—a ludicrously wealthy hedge fund manager—advocates a job guarantee program (think WPA) to rebuild and upgrade US infrastructure, increased taxes on the rich, investment in companies and products with actual use-value, and a bunch of other stuff I never thought would come from someone in his class. GoGo. He remains wedded to neoliberalism, but has taken some surprising steps towards advocating for a more equal society.

Enjoy!

The G.S.V. is a bit hard to make out, here, and I didn’t notice the double entendre of the signage until much later. Oh well.