Noam Chomsky On America’s Lack Of Democracy
Chomsky: We’ve got a one-party state with a few factions that cater to the elite. The question is if we want to live within it or look helplessly for something else.
Chomsky: We’ve got a one-party state with a few factions that cater to the elite. The question is if we want to live within it or look helplessly for something else.
The sequester is just the latest example of this.
The Article: Whiny Billionaires in Need of Sequestration by Robert Scheer in The Nation.
The Text: Where is the Occupy movement now that the depravity of the super rich is on full display?
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The suddenly increased national debt is primarily the result of a deep recession caused by the top bankers and hedge fund hustlers of Wall Street, saved from their folly by massive and costly federal intervention. The result has been a season of obscene profit for them, while the rest of the nation has floundered. But instead of making the rich pay, ordinary citizens will be visited with job furloughs and a savaging of public services that often are lifesaving.
Consider two stories this week that make Karl Marx look prescient: one, in The Wall Street Journal, concerns the payout of $1 billion in bonuses to nine private equity executives; the other, under a New York Times headline, states that the jobless recovery has been a boondoggle for corporate profits. “Recovery in US Is Lifting Profits, but Not Adding Jobs,” the headline reads, by way of explaining why the stock market is nearing its unprecedented high while the unemployment picture remains so dismally bleak.
As cost of living increases and wages remain hopelessly stagnant, many Brits now have to choose between food and heating. Heating prices, so profit-heavy energy corporations say, must go up because their plants have been squelched for not meeting green standards. Many Brits are wising to their spurious weavings of truth, but it’s still the most vulnerable who must suffer.
The late Venezuelan leader said a lot of ridiculous things, but this one is pretty spot-on.