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Showing posts with the label reform

‘Democratic Capitalism’? Is it possible?

Martin Wolf wants “to awaken the conscience of the global bourgeoisie and to produce a virtuous class consciousness that will render it capable of solving the problems it has created for itself. He fears that it is unconsciously generating its own gravediggers, in the twin forms of resentful populist demagogues and a more efficient Chinese state capitalism. “Policies that might otherwise seem to be expressions of ruthless class interest are reframed as basic truths known or prevailing assumptions held by competent, reasonable people, who served to implement and safeguard them from dreamers and despots. But if they are reasonable truths, Wolf is left unable to explain how they have led to such unreasonable ends and empowered such unreasonable people.” Full review via a google account

Capitalism, Profitability, Reform

“If profitability is threatened, reforms must go.” Roberts should have added: but the state intervenes to maintain stability in society because absence of reforms sharpens class struggle. In orde to save capitalism, the capitalist state initiates reforms even if those reforms are minor or undermined in a later stage. The debate continues …

Jordan is a Banana Monarchy

An interesting liberal take on Jordan and how liberals now are saying enough with supporting authoritarian and monarchical regimes. The Arab uprisings have exposed everything, including many hypocritical liberals. A U.S. satellite and protectorate on the verge of implosion 

US: Republican or Democratic Party?

    Hampton Institute
"Astonishingly, the US mainstream media have barely covered what everyone here calls “the massacre.” Make no mistake: If police in Venezuela had shot down 11 unarmed demonstrators, a pack of American reporters would have raced there." Rebellion spreads in Mexico after police massacre