Your comments say nothing at all about Capitalism as the new bible, Torah, etc. with it's own morality and tyranny over the other Domains of social existence. It's interesting how we just came through a liberal couple of hundred years where government was the hope of mankind. Now it's the unregulated marketplace. Idols fall and when they do, there is always a mess. That for me was the meaning of both of those articles. My people had a 98% decline from the last American European go at idolatry. In 1938-45 with the Jews and Romany and in the Soviet Union with the Kulaks the government idol devour the minorities in their own cultures. Today, with the absurd split between the wealthy and the rest of us the market idol, or better still, illness, is creating the climate for another revolutionary cycle.
Why else can you explain that America is now armed to the teeth with assault weapons being the only option for people when the local petty tyrant comes after your home? Now they are beginning to shoot at the police. Today's pundits hide behind factual specificity but there is something abroad that transcends belief systems and has now even reached the WSJ as witnessed by yesterday's article on idolatry with a link to another article which makes your point. An article by a man who claims to be neutral and a historian. Of course he's not making his living in history but he is "selling." The world is filled with grifters and liars who attach to we, the retired and elderly, like flies on a corpse. The Internet is filled with them as is my mailbox. They feed on paranoia and try to sell you land or a partnership in a Christian theme park. But the whole point is Armageddon. Of course, are you paranoid if the world is really collapsing? No. But they have no answers except to steal until it does or to sit and whine in the Wall Street Journal. I don't perceive professor Krugman as a whiner but more as a Cassandra. REH From: Keith Hudson [mailto:[email protected]] Sent: Monday, April 29, 2013 7:40 AM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION; Ray Harrell Subject: Re: [Futurework] Capitalism is killing our morals, our future - MarketWatch At 05:16 29/04/2013, Ray Harrell wrote: Maybe the WSJ and Krugman are collaborating? REH Maybe Krugnan is up to his old rhetorical tricks. As usual, he raises a topic very early on without giving evidence. Then he leaves it largely alone until right at the end of his piece where he returns to the topic as though his view on it had thus been proved. The Greeks had a term for this type of invalid argument. In this case Krugman talks of austerity in his first paragraph and mentions academic studies as though they had been found invalid by subsequent academic studies. Because he doesn't actually say this specifically the reader is inclined not to pick fault with it. However, when he talks of austerity in his last paragraph it's as though austerity has actually been disproved in some academic paper or other, not to speak of the body of the essay he has just written. Yes, of course, there's a powerful tide against austerity by electorates which have been feather-bedded until recently (e.g. Greece, Portugal, Italy) and also by governments which are too frightened to try it (e.g. France, Belgium). Nevertheless, those countries which have tried it and succeeded (e.g. West Gernany 'swallowing' a bankrupt East Germany 20 years ago) or are in the process of succeeding today (e.g. Iceland, Iceland) can only confirm that austerity is essential. Keith the many academic papers which have said that http://www.nytimes.com/2013/04/29/opinion/krugman-the-story-of-our-time.html ?hp From: [email protected] [ mailto:[email protected] <mailto:[email protected]> ] On Behalf Of Arthur Cordell Sent: Sunday, April 28, 2013 10:59 AM To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' Subject: [Futurework] Capitalism is killing our morals, our future - MarketWatch From: [email protected] [ mailto:[email protected] <mailto:[email protected]> ] On Behalf Of Steve Kurtz Sent: Sunday, April 28, 2013 6:48 AM Subject: [Ottawadissenters] Capitalism is killing our morals, our future - MarketWatch The nanny state went too far in the other direction, but he is correct about much here in my opinion. Steve excerpts: Unfortunately, we never had that debate during the 30-year rise of "market triumphalism. As a result, without quite realizing it - without ever deciding to do so - we drifted from having a market economy to being a market society." And "the difference is this: A market economy is a tool ... for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavor. It's a place where social relations are made over in the image of the market." The difference is profound. The good professor is a great teacher, with only one glaring flaw in his logic: he's too idealistic, too quixotic. You don't have to be a fatalist to know that without a total economic collapse, market capitalists - including 1,426 billionaires, Wall Street bankers, hedgers, lobbyists and every other special interest getting rich off the new market society - will never voluntarily surrender their control over the American political system. Rather, they will blindly continue down their self-destructive path with an absolute conviction they are divinely guided by the Invisible Hand of Adam Smith, and perhaps even God. Meanwhile, we have no choice but wait patiently till the collapse, anxiously aware that our bizarre political system will just keep degrading America's moral values, pricing, buying, selling, trading morals like commodities, because in the final analysis everything has a price and everyone has a price in our hot new exciting Market Society. http://www.marketwatch.com/Story/story/print?guid=01AA1916-AEA6-11E2-BA04-00 2128040CF6 __._,_.___ __,_._,___ _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
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