The Next Wall Street Collapse http://www.bostonreview.net/BR36.1/kirshner.php Simon Johnson and James Kwak, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. Vintage, $15.95 (paper). Richard A. Posner, A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression. Harvard University Press, $23.95 (cloth). Nouriel Roubini and Stephen Mihm, Crisis Economics: A Crash [...]
Entries from February 2011
Business As Usual
February 28th, 2011 · No Comments
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Obama’s Puzzling Silence
February 28th, 2011 · No Comments
NGOs Have Been Left Out in the Cold By RALPH NADER President Obama uses his bully pulpit to tout profit-seeking corporations, but he rarely uses it to promote nonprofits that deliver social justice at home and abroad. When Mr. Obama went to India in November, for example, he was accompanied by corporate CEO’s, and unabashedly [...]
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Booknotes: How to Change the World
February 24th, 2011 · 1 Comment
http://www.lrb.co.uk/v33/n05/terry-eagleton/indomitable Indomitable Terry Eagleton How to Change the World: Marx and Marxism 1840-2011 by Eric Hobsbawm Little, Brown, 470 pp, £25.00, January 2011, ISBN 978 1 4087 0287 1 In 1976, a good many people in the West thought that Marxism had a reasonable case to argue. By 1986, most of them no longer felt [...]
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The Libyan Labyrinth
February 22nd, 2011 · No Comments
The Bang That Ends Qaddafi’s Revolution? The Libyan Labyrinth By VIJAY PRASHAD http://www.counterpunch.org/prashad02222011.html In 1969, Colonel Muammar al-Qaddafi (age 27) surprised the aged King Idris, then in Turkey for medical treatment. Inspired by the Free Officers in Egypt, Qaddafi and his fellow Colonels force-marched the fragile Libyan State and even more fragile Libyan society into [...]
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How democracy could be hijacked
February 21st, 2011 · No Comments
Anatomy of Egypt’s Revolution How Democracy Could be Hijacked By ESAM AL-AMIN “After climbing a great hill, one only finds that there are many more hills to climb.” –Nelson Mandela counterpunch January 25 was the date the Egyptian youth decided to launch their revolution. As the fear barrier was broken, Egyptians throughout the country and [...]
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Obama and unions
February 19th, 2011 · No Comments
http://www.washingtonpost.com/wp-dyn/content/article/2011/02/18/AR2011021807480.html Obama and unions: Many in labor movement frustrated with president
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Archaeology’s origins in colonialism
February 18th, 2011 · No Comments
Egypt’s dirty handsArchaeology’s origins in colonialism and racism, and how they continue to mar it todayJane Jakeman In 1882, William Flinders Petrie, excavating Akhenaten’s city at Tel-el Amarna in south-eastern Egypt, commented on his young assistant, “it is of no use to me to work him up as an excavator”. That assistant was Howard Carter, [...]
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A Real-Market Alternative
February 17th, 2011 · No Comments
Published on Wednesday, February 16, 2011 by YES! Magazine A Real-Market Alternative http://www.commondreams.org/headline/2011/02/16-6 The economic choice we face is no longer between capitalism and communism, but rather between Wall Street and Main Street. by David Korten In America we are taught from birth that capitalism is synonymous with markets, democracy, and individual liberty. Whatever its [...]
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Obama Declares Open Season on Unions
February 17th, 2011 · 1 Comment
By Gregg Shotwell One’s disappointment with the Obama administration may be tempered by ideology, loyalty, or world-weariness. Most issues have more sides than a pentagon. Most of us are mature enough to understand that our personal opinion is as fraught with prejudice and pride as the next point maker at happy hour. Even the most [...]
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America’s Unraveling Power
February 14th, 2011 · No Comments
http://www.nytimes.com/2011/02/11/opinion/11iht-edwheatcroft11.html?ref=global New York Times February 10, 2011 America’s Unraveling Power By GEOFFREY WHEATCROFT BATH, ENGLAND — We don’t know what will happen. After the high drama of Tahrir Square and Hosni Mubarak’s imminent departure we don’t know what will come next.
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