Tag: financial crisis

November 13, 2008

Cry-baby Capitalism

Cry-baby capitalism is making me sick to my stomach. Why is that when things are on the way up, we’re all told to buckle up and suck it up and keep up with all of the others that are racing ahead of us as we stumble in our careers or other activities, while on the way down, the world’s (once) largest companies are the first […]

November 9, 2008

Financial Chaos and the Crisis of Neoliberalism

In my search for alternatives, I came across this series of lectures provided by the Socialist Project, found here . There are three lectures: (1) Marxian Views of Financial Capital and Credit, (2) Capitalism, Neoliberalism and the Current Crises of Wall Street and Bay Street, and (3) Bank Bailouts or Socialist Alternatives? Unfortunately, they’re a little long and there were no talking points or other […]

October 31, 2008

Paulson’s Swindle Revealed

From The Nation, we get this article . By now, some (maybe most) of you are saying, ‘yeah Bill.  We get it.  We’re getting ripped off and this is Georgie’s last stab at the world for making fun of him all these years.  We’re in the middle of the heist of the century.’ At least, I hope you are. Because once you do, then hopefully […]

October 30, 2008

Iceland: The Canary in the neo-con Coalmine

This retelling of the financial situation in Iceland is direct and honest and clearly illustrates how what happened in Iceland over the last 4-5 years can easily happen in most other developed countries. The main point:  we’ve abdicated our social and financial control to non-governmental and non-democratic organizations that could care less about the welfare of the states that they impose their ‘rules’ on. I’ve […]