Category Archives: Recession

America’s Rich Are Completely Losing Touch With Reality — and That’s a Really Bad Sign

Posted on by
4

By Shaun Bradley

Source: AntiMedia

The divide between wealthy and working class has grown wider each year since the last financial crisis, but this disconnect is about much more than just money or politics. The super-rich, in particular, have become completely detached from the everyday problems facing millions of their fellow citizens. Instead of recognizing the urgency of the current situation and contributing to solutions that help empower all members of society, the focus for many has shifted toward simply indulging in the present moment and increasing luxury. This kind of self-centered worldview has emerged throughout history and typically thrives most when decadent empires start to crumble.

Right now, the average person is forced to worry about central banks devaluing their currencies, corrupt bureaucrats eroding their civil liberties, and an economy on life support. Meanwhile, a faction of affluent individuals has committed themselves to avoiding the turmoil around them, instead choosing to obsess over life extension, genetic manipulation, and creating luxurious doomsday plans. Those people who have the crucial intellect, resources, and influence needed to implement real change are consumed with self-interest to the point of total apathy towards the future.

One of the more disturbing trends has been a rise in interest regarding something called parabiosis. This practice involves blood transfusions between the young and old in an attempt to slow the aging process. The procedure has been studied in the past but has always been met with moral and scientific criticism. Recently, however, a California start-up called Ambrosia began offering clients the opportunity to purchase the blood of someone under the age of 25 for a mere $8,000.

The process gained attention after Paypal co-founder Peter Thiel came out in support of further research during an interview:

“I’m looking into parabiosis stuff, which I think is really interesting. This is where they did the young blood into older mice and they found that had a massive rejuvenating effect. And so that’s … that is one that … again, it’s one of these very odd things where people had done these studies in the 1950s and then it got dropped altogether. I think there are a lot of these things that have been strangely underexplored.”

The blood used for these transfusions is often purchased from blood banks without informing the original donors. Popular high-school blood drives could soon have a whole new incentive to encourage students to participate. Any possible medical advancements that can help improve the lives of sick people should be explored, but for a private business to benefit directly from the generosity of others without their consent is a bit unnerving.

The question of whether this treatment is effective or not is almost a secondary issue to the ethical one. What does it show about our society when the priority of so many is not building a better world for the next generation but, rather, appeasing their egos by desperately clinging to their youth? The similarity to vampirism can’t be overlooked and may be another sign that, in the end, the truth is stranger than fiction.

The super-wealthy who can see the dangers facing the world are also fine with hitting the eject button to their own private bunkers in a worst-case scenario. The prepping community that was once isolated to ‘conspiracy theorists’ and survivalist groups has now been adopted by the 1%. Several billionaires have even gone so far as to buy entire islands to guarantee they won’t be swept up in the panic of the masses.

Tim Chang, the managing director at a financial firm called the Mayfield Fund, spoke to a reporter at the New Yorker about some of the conversations going on in these circles:

“There’s a bunch of us in the Valley. We meet up and have these financial-hacking dinners and talk about backup plans people are doing. It runs the gamut from a lot of people stocking up on Bitcoin and cryptocurrency, to figuring out how to get second passports if they need it, to having vacation homes in other countries that could be escape havens…I’ll be candid: I’m stockpiling now on real estate to generate passive income but also to have havens to go to….I kind of have this terror scenario: ‘Oh, my God, if there is a civil war or a giant earthquake that cleaves off part of California, we want to be ready.’ ”

While the ideas of democratic socialism have spread throughout the country, it’s clear that extreme individualism has developed on the other side. The majority of those with the means to care for themselves and their families have abandoned any connection to the rest of society. As long as the impact of the coming upheaval doesn’t affect them directly, it appears the fate of the rest is irrelevant.

The mentality of the nation has transitioned from proactive to reactive, with a sense of inevitability about the ultimate outcome we’re all facing. There is almost no effort to openly discuss the growing prospect of a civil war or severe economic breakdown, even as it grows more plausible in the minds of those paying attention. This obsession on the part of the super-rich for god-like control over their destinies only shows the fear that overwhelmingly dictates their choices. Maybe the modern day peasants of society should simply heed the advice of Marie Antoinette and eat cake while the world burns.

Now Just Five Men Own Almost as Much Wealth as Half the World’s Population

Posted on by
2

By Paul Buchheit

Source: CommonDreams

Last year it was 8 men, then down to 6, and now almost 5.

While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the poorest five deciles of the world population own about $410 billion in total wealth. As of 06/08/17, the world’s richest five men owned over $400 billion in wealth. Thus, on average, each man owns nearly as much as 750 million people.

Why Do We Let a Few People Shift Great Portions of the World’s Wealth to Themselves? 

Most of the super-super-rich are Americans. We the American people created the Internet, developed and funded Artificial Intelligence, and built a massive transportation infrastructure, yet we let just a few individuals take almost all the credit, along with hundreds of billions of dollars.

Defenders of the out-of-control wealth gap insist that all is OK, because, after all, America is a ‘meritocracy’ in which the super-wealthy have ‘earned’ all they have. They heed the words of Warren Buffett: “The genius of the American economy, our emphasis on a meritocracy and a market system and a rule of law has enabled generation after generation to live better than their parents did.”

But it’s not a meritocracy. Children are no longer living better than their parents did. In the eight years since the recession the Wilshire Total Market valuation has more than TRIPLED, rising from a little over $8 trillion to nearly $25 trillion. The great majority of it has gone to the very richest Americans. In 2016 alone, the richest 1% effectively shifted nearly $4 trillion in wealth away from the rest of the nation to themselves, with nearly half of the wealth transfer ($1.94 trillion) coming from the nation’s poorest 90%—the middle and lower classes. That’s over $17,000 in housing and savings per lower-to-middle-class household lost to the super-rich.

A meritocracy? Bill Gates, Mark Zuckerberg, and Jeff Bezos have done little that wouldn’t have happened anyway. ALL modern U.S. technology started with—and to a great extent continues with—our tax dollars and our research institutes and our subsidies to corporations.

Why Do We Let Unqualified Rich People Tell Us How To Live? Especially Bill Gates! 

In 1975, at the age of 20, Bill Gates founded Microsoft with high school buddy Paul Allen. At the time Gary Kildall’s CP/M operating system was the industry standard. Even Gates’ company used it. But Kildall was an innovator, not a businessman, and when IBM came calling for an OS for the new IBM PC, his delays drove the big mainframe company to Gates. Even though the newly established Microsoft company couldn’t fill IBM’s needs, Gates and Allen saw an opportunity, and so they hurriedly bought the rights to another local company’s OS — which was based on Kildall’s CP/M system. Kildall wanted to sue, but intellectual property law for software had not yet been established. Kildall was a maker who got taken.

So Bill Gates took from others to become the richest man in the world. And now, because of his great wealth and the meritocracy myth, MANY PEOPLE LOOK TO HIM FOR SOLUTIONS IN VITAL AREAS OF HUMAN NEED, such as education and global food production.

—Gates on Education: He has promoted galvanic skin response monitors to measure the biological reactions of students, and the videotaping of teachers to evaluate their performances. About schools he said, “The best results have come in cities where the mayor is in charge of the school system. So you have one executive, and the school board isn’t as powerful.”

—Gates on Africa: With investments in or deals with Monsanto, Cargill, and Merck, Gates has demonstrated his preference for corporate control over poor countries deemed unable to help themselves. But no problem—according to Gates, “By 2035, there will be almost no poor countries left in the world.”

Warren Buffett: Demanding To Be Taxed at a Higher Rate (As Long As His Own Company Doesn’t Have To Pay) 

Warren Buffett has advocated for higher taxes on the rich and a reasonable estate tax. But his company Berkshire Hathaway has used “hypothetical amounts” to ‘pay’ its taxes while actually deferring $77 billion in real taxes.

Jeff Bezos: $50 Billion in Less Than Two Years, and Fighting Taxes All the Way 

Since the end of 2015 Jeff Bezos has accumulated enough wealth to cover the entire $50 billion U.S. housing budget, which serves five million Americans. Bezos, who has profited greatly from the Internet and the infrastructure built up over many years by many people with many of our tax dollars, has used tax havens and high-priced lobbyists to avoid the taxes owed by his company.

Mark Zuckerberg (6th Richest in World, 4th Richest in America) 

While Zuckerberg was developing his version of social networking at Harvard, Columbia University students Adam Goldberg and Wayne Ting built a system called Campus Network, which was much more sophisticated than the early versions of Facebook. But Zuckerberg had the Harvard name and better financial support. It was also alleged that Zuckerberg hacked into competitors’ computers to compromise user data.

Now with his billions he has created a ‘charitable’ foundation, which in reality is a tax-exempt limited liability company, leaving him free to make political donations or sell his holdings, all without paying taxes.

Everything has fallen into place for young Zuckerberg. Nothing left to do but run for president.

The False Promise of Philanthropy 

Many super-rich individuals have pledged the majority of their fortunes to philanthropic causes. That’s very generous, if they keep their promises. But that’s not really the point.

American billionaires all made their money because of the research and innovation and infrastructure that make up the foundation of our modern technologies. They have taken credit, along with their massive fortunes, for successes that derive from society rather than from a few individuals. It should not be any one person’s decision about the proper use of that wealth. Instead a significant portion of annual national wealth gains should be promised to education, housing, health research, and infrastructure. That is what Americans and their parents and grandparents have earned after a half-century of hard work and productivity.

It Is Bettter to Light One Candle than to Curse the Darkness

Posted on by
2

hqdefault

By Harvey Lothian

Source: Dissident Voice

The world is in bad shape. Every reasonably intelligent, aware, objective person in the world knows, if only intuitively, that something is very, very wrong. There should not be this many armed conflicts, this much anger, this much violence, this much unemployment and underemployment, this much debt, this much homelessness, hunger, poverty, this ever widening gap between the income and wealth of the super rich and everyone else, and this much distrust in government and politicians. The future does not look good; a financial crisis and a socioeconomic collapse are just around the corner. Another World War or innumerable smaller wars seem almost certain.

Things are dark everywhere in the world, except in the offices and homes of the wealthy and highly connected people of the world. They control the world. There are no genuine democracies in the world, only oligarchies and dictatorships. The wealthy classes have never had it better. Never in recorded history has this class had higher income and wealth compared to the average working family. Oxfam reported that the richest 50% of the people own over 99% of the world’s wealth, the richest 1% of the world’s population hold over 50% of the world’s wealth, and the richest 62 people in the world has as much wealth as the poorest half of the global population, about 3.6 billion people.

Rich people’s insatiable greed has brought the world to this lamentable state. Make no mistake about it, the greed of the wealthy classes and their flunkies are responsible for the wretched state of the world today. We, the masses of the world, believed their lies because we are decent trusting people. We did not believe anyone would tell us such monstrous lies. The wealthy classes did, then they had us go to war against other innocent trusting people around the world while they looted the assets of our countries and stole our future. They have left us nothing but our confusion as to why our lives are going down the drain when we believed and tried our best to be patriotic citizens of our country. Our confusion is rapidly turning to anger as we learn more details about how the wealthy classes and leaders have deceived us, betrayed us, and ruined our lives. They have used us in the most despicable of ways; they used our trust, and naivety to rob and violate us to our very core, by destroying our lives and our hope and dreams for a better future for ourselves and our children.

To put this insanity in clear perspective, consider the following. Reliable U.N. agencies estimate that 32,000 children die around the world every day from hunger and hunger related diseases. They die because their parents do not have enough money to feed them a nourishing diet. Billions of people around the world live on one to three dollars a day, so we can safely say that if these 32,000 children’s parents earned $3 a day these children would not die. A tiny $96,000 a day given to these children’s parents, in wages for work performed, would save these children from what is apparently a painful death. That is $35,040,000 per year to save 32,000 innocent children, or, $1,095 per year to save one child. According to Forbes magazine there are 1,810 billionaires in the world worth a total of $6.5 trillion. Why do 32,000 children die every day from hunger and hunger related diseases, 224,000 every week, 11,648,000 every year when there is enough food to feed them and enough money to buy that food? Because we live in a totally insane world where accumulating wealth is more important to some that feeding hungry children.

There is no way out of the insane economic house of cards the rich have built except total collapse. The rich made that inevitable when they relentlessly incurred ever increasing amounts of federal debt, in our name, as they continually sent our well paying jobs to low wage countries making it impossible for us to reduce that debt through our taxes. They got super rich, we lost our good jobs and had enormous amounts of new debt piled on to us. This is not sustainable, the house of cards must eventually collapse. Or, our insane leaders will try to turn the world into one huge war zone.

We, the decent, sane people of the world now have an important decision to make; we can continue to curse the darkness the insane wealthy people of the world have created with their insane endless pursuit of more wealth, or, we can begin lighting candles by seeking and employing methods of solidly uniting us so we can defeat our common enemy and move us to a better way of living together. If we do not have a clear picture in our minds of how we want to live together in peace and harmony chaos will occur when the socio economic system collapses. We have to know where we are going, or we are lost.

Where do we want to go? The answer is obvious; we are all human beings, we all sprang from the same source, we are all brothers and sisters and all have exactly the same innate needs for food, water, shelter, warmth, sleep, social order, safety, security, stability, employment, a sense of belonging and love, and the opportunity to develop to our fullest potential. Simply put. we want and need to live in a world where countries are at peace with each other while we live in peace and harmony with each other in our country and we have the opportunity to lead decent normal lives while developing to our fullest potential.

The only way out of the horrendous mess of the collapsing house cards the greedy people have erected is if a vast majority of people around the world solidly unite as brothers and sisters under the motto, “All for one, one for all.” After the collapse occurs no one must be left without the necessities of life. Brothers and sisters take care of each other.

No kind of violence can be tolerated after the house of cards collapses. Violence breeds violence and solves no important long term problems. Brothers and sisters are not violent with each other.

Can we, the people of the world, do this? Can we solidly unite, watch out for each other, protect each other and help those in need? The alternative is too awful to think about. So, we must try. If we try we may succeed. It would be a wonderful world if we cared about others as much as we cared about ourselves; if we were all brothers and sisters. It is time to start lighting candles and stop cursing the darkness. Love thy neighbour as thyself. Or, at least try to do it.

 

Harvey Lothian is a 79-year-old and living on the Sunshine Coast of BC, Canada. His passions since a teenager have been history, politics, economics, sociology, social psychology, learning, traveling and reading. In recent years he has come to understand what Plato meant when he said all dogs have the soul of a philosopher.

Are We (Collectively) Depressed?

Posted on by
2

By Charles Hugh Smith

Source: Of Two Minds

We need to encourage honesty above optimism. Once we can speak honestly, there is a foundation for optimism.

Psychoanalysis teaches that one cause of depression is repressed anger.

The rising tide of collective anger is visible in many places: road rage, violent street clashes between groups seething for a fight, the destruction of friendships for holding the “incorrect” ideological views, and so on. I Think We Can Safely Say The American Culture War Has Been Taken As Far As It Can Go.

A coarsening of the entire social order is increasingly visible: The Age of Rudeness.

This raises a larger question: are we as a society becoming depressed as we repress our righteous anger and our sense of powerlessness as economic and social inequality rises?

Depression is a complex phenomenon, but it typically includes a loss of hope and vitality, absence of goals, the reinforcement of negative internal dialogs, and anhedonia, the loss of the joy of living (joie de vivre).

Depressive thoughts (and the emotions they generate) tend to be self-reinforcing, and this is why it’s so difficult to break out of depression once in its grip.

One part of the healing process is to expose the sources of anger that we are repressing. As psychiatrist Karen Horney explained in her 1950 masterwork, Neurosis and Human Growth: The Struggle Towards Self-Realization, anger at ourselves sometimes arises from our failure to live up to the many “shoulds” we’ve internalized, and the idealized track we’ve laid out for ourselves and our lives.

The recent article, The American Dream Is Killing Us does a good job of explaining how our failure to obtain the expected rewards of “doing all the right things” (getting a college degree, working hard, etc.) breeds resentment and despair.

Since we did the “right things,” the system “should” deliver the financial rewards and security we expected. This systemic failure to deliver the promised rewards is eroding social mobility and the social contract while generating frustration, anger, etc.

We are increasingly angry at the system, but we reserve some anger for ourselves, because the mass-media trumpets how well the economy is doing and how some people are doing extremely well. Naturally, we wonder, why them and not us? The failure is thus internalized.

One response to this sense that the system no longer works as advertised is to seek the relative comfort of echo chambers–places we can go to hear confirmation that this systemic stagnation is the opposing political party’s fault.

We don’t just self-sort ourselves into political “tribes” online–we congregate in increasingly segregated communities and states: The Simple Reason Why A Second American Civil War May Be Inevitable.

Americans are moving to communities that align more with their politics. Liberals are moving to liberal areas, and conservatives are moving to conservative communities. It’s been going on for decades. When Jimmy Carter was elected in 1976, 26.8% of Americans lived in landslide counties; that is counties where the president won or lost by 20% of the vote.

By 2004, 48.3% of the population lived in these counties. This trend continues to worsen. As Americans move to their preferred geographic bubbles, they face less exposure to opposing viewpoints, and their own opinions become more extreme. This trend is at the heart of why politics have become so polarizing in America.

We’re self-sorting at every level. Because of this, Americans are only going to grow more extreme in their beliefs, and see people on the other side of the political spectrum as more alien.”

Part of the American Exceptionalism we hear so much about is a can-do optimism: set your mind to it and everything is possible.

The failure to prosper as anticipated is generating a range of negative emotions that are “un-American”: complaining that you didn’t get a high-paying secure job despite having a college degree (or advanced degree) sounds like sour-grapes: the message is you didn’t work hard enough, you didn’t get the right diploma, etc.

It can’t be the system that’s failed, right? I discuss this in my book Why Our Status Quo Failed and Is Beyond Reform: the top 10% who are benefiting mightily dominate politics and the media, and their assumption is: the system is working great for me, so it must be working for everyone. That’s the implicit narrative parroted by status quo mouthpieces.

The inability to express our despair and anger generates depression. Some people will redouble their efforts, others will seek to lay the blame on “the other” (some external group) and others will give up. What few people will do is look at the sources of systemic injustice.

Perhaps we need a national dialog about declining expectations, rising inequality and the failure of the status quo that avoids the blame-game and the internalization trap (i.e. it’s your own fault you’re not well-off).

We need ways to express our resentment, anger, despair, etc. that are directed at the source, the complex system we inhabit, not “the other.” We need to encourage honesty above optimism. Once we can speak honestly, there is a foundation for optimism.

 

America’s Oligarchs Will Control 70% Of National Wealth By 2021

Posted on by
2

By Whitney Webb

Source: AntiMedia

America’s rich just won’t quit getting richer, according to a new study released in mid-June by the Boston Consulting Group (BCG), a global management consulting firm. The study, which seeks to analyze the global wealth management industry, as well as the evolution of private wealth, uncovered some startling statistics that suggest that global financial inequality will grow significantly by the year 2021.

The firm found that the already massive gap between the world’s wealthy elite – the approximately 18 million households that hold at least more than $1 million in assets – and everyone else is continuing to widen at a remarkable rate. The estimated 70 million people who make up these households were found to control 45 percent of the world’s $166.5 trillion in wealth. And in just four more years, it is estimated that they will control more than half of the world’s wealth, despite representing less than 1 percent of the world’s current population.

However, while rising inequality is a global phenomenon, it is especially pronounced in the United States. While wealth inequality in the U.S. is by no means an unknown phenomenon, the U.S. is significantly more unequal than most other countries, with the nation’s elite currently holding 63 percent of the private wealth. The U.S. elite’s share of national wealth is also growing much faster than the global average, with millionaires and billionaires expected to control an estimated 70 percent of the nation’s wealth by 2021.

The U.S.’ high wealth inequality largely owes to post-World War II government policies that have seen almost a quarter of all national income go to its wealthiest residents. Meanwhile, wages for the majority of Americans have remained stagnant for decades – in contrast to the richest Americans, their future economic outlook is incredibly bleak by comparison.

The U.S. is also home to more billionaires and millionaires than anywhere else in the world, which partly explains how U.S. policy has come to favor them over the years. According to Bloomberg, two out of five millionaires and billionaires live in the United States – and their ranks are growing.

While the world’s richest citizens may be pleased by the results of BCG’s recent study, there is plenty for them to be worried about if history is any indicator. Indeed, history shows that societies with drastic wealth inequality are much more unstable and more likely to experience drastic economic failure or outright societal collapse.

For instance, a 2014 study conducted by the National Socio-Environmental Synthesis Center noted that over-consumption and wealth inequality have occurred in the collapse of every civilization over the last 5,000 years. That same study also warned that rising inequality could easily lead to an unsustainable use of resources and the “irreversible collapse” of global industrial civilization.

This warning seems particularly prescient, given that wealth inequality in the U.S. is well above that of past civilizations that eventually collapsed as a result of these factors. For example, at the time of the collapse of the Roman Empire, the top 1 percent of the Roman elite controlled just 16 percent of the society’s wealth, a measly figure compared to the percentage commanded by the 1-percenters of the U.S.

While the BCG study paints a rosy picture for the world’s millionaires and billionaires, particularly in the United States, they should be gravely concerned that their growing accumulation of wealth could have drastic consequences – not just for those poorer than them, but for everyone.

The Crisis of US Imperial Governance and the Struggle for a New World

Posted on by
2

By Danny Haiphong

Source: Black Agenda Report

“Economic crisis at home and endless war abroad has placed finance and monopoly capital in political disarray.”

When I was here last year, I spoke a lot about ideology and how the struggle for social transformation in the mainland of imperialism partly depended upon the ideological development of oppressed people trapped within US borders. The 2016 elections were beginning to pick-up momentum, but it was unclear what direction they would go. Fast-forward to the present and, I don’t know about you all, but I am exhausted. The election of Donald Trump has presented both new and old challenges. It has created an almost circus-like political environment with dire consequences for the masses. What precipitated the circus-show is a crisis of governance that has been intentionally misunderstood by US imperialism’s corporately owned media and political elite.

To distort the crisis, a state of anti-Russian madness has been prescribed to medicate political consciousness in rapidly changing times. The rise of China and Russia has exposed the bankruptcy of US imperialism on all fronts. Economic crisis at home and endless war abroad has placed finance and monopoly capital in political disarray. Donald Trump took advantage of the chaos. He spoke about jobs, he spoke about wars, and he spoke to the growing insecurities of white Americans of working and middle class status who no longer can rely on the wages of whiteness for guaranteed prosperity. The duopoly and its capitalist masters had no one to offer, indeed nothing to offer, so Trump rode in on his orange horse to become the head of state of imperialism.

“The rise of China and Russia has exposed the bankruptcy of US imperialism on all fronts.”

The ruling class does not want people in the United States to understand the context of the Trump Presidency. It has reapplied Cold War fears with Russia as the prime target. Russia’s geopolitical moves away from imperialism have been deemed just as criminal as China’s economic supremacy. The US does not depend as much on Russia in the economic sense, but it trembles in fear at the prospect of growing Russian economic activity across Eurasia. Yet, provoking Russia militarily will lead to World War. This is a risk the ruling class appears willing to take as the anti-Russia narrative in the US has only intensified since Hillary Clinton made the erroneous claim of Russian interference in the 2016 elections.

According to the US ruling class and its “intelligence officials,” Russia promotes “fakes news” to assist Donald Trump. Russian President Vladimir Putin lurks in our social media, and is hacking his way through algorithms to smear the US political system. Russia is infecting minds with its Russia Today “propaganda” arm. The Ruskies have no regard for the damage they have caused to so-called US democracy. Putin wants total control of the US and will wield his most talented social media users to get the job done. This is what the corporate media sounds like these days.

“The U.S. trembles in fear at the prospect of growing Russian economic activity across Eurasia.”

Of course, the US ruling class doesn’t want to talk about how US intelligence already collects the numbers, emails, and calls of every single person in the world who uses a cell phone or computer. They don’t want to tell you about how the US has interfered in every election in Russia since the Soviet Union fell, or how it has led bloody proxy wars and coups in over fifty countries in as many years. They don’t want to discuss how Russia has absolutely nothing to do with the millions of incarcerated people in the US or the fact that it is the US monopoly capitalist economy, not the emerging capitalist economy of Russia, which has automated many of the jobs and siphoned much of the wealth that once belonged to a privileged sector of US workers. No, it would rather attention be placed on the Russian boogeyman.

Anti-Russian hysteria doesn’t just distract the broad masses of people from the legitimate causes of the conditions afflicting the working and unemployed. It feeds into an atmosphere of war that strikes the very roots of the US social order. Imperialism is the rule of monopoly and finance capital. This system has run its course. It cannot hold onto political legitimacy any more than it can spur economic development beyond the meager 1 to 2 percent growth calculated year after year. In a sense, war is all the system has left. And war is exactly what the ruling class will get, with or without Trump.

“They don’t want to tell you about how the US has interfered in every election in Russia since the Soviet Union fell, or how it has led bloody proxy wars and coups in over fifty countries in as many years.”

War with Russia is today’s clarion call for “American unity.” In times of crisis, the US imperial state has relied on war to bring political and economic relief from domestic crisis. Every major US-led war has in part been waged for this purpose. What differs now is that war with Russia could bring about the destruction of humanity. Scientists have confirmed that nuclear war could make the planet uninhabitable.

What is also different about this current war drive with Russia is how it marks the historical conclusion of the current stage in the world imperialist order. When the US threatened nuclear war with the atomic bombing of Japan in 1945 and the Cuban missile crisis almost two decades later, the world was in the midst of a transition from Western monopoly capitalism to proletarian socialism. Revolutions in Vietnam, Cuba, and the Soviet Union, to name a few, threatened to undo the very notion of private property. And while US and Western backlash nearly eliminated the socialist bloc by 1991, the imperialist order entered a transition stage of its own that some call “neo-liberalism.”

Neo-liberalism has greatly expanded the reach of capitalism’s tentacles and widened the impact of capitalist crisis since its inception in the late 1970s. Neo-liberalism has unleashed unfettered capitalist production by imposing economic stagnation on participating countries. Meanwhile, China’s socialist model has paved a different path, one marked by unprecedented growth and poverty reduction. China has understandably attracted underdeveloped nations so desperately seeking to escape from the clutches of neo-colonial impoverishment. Russia has grown close to China, providing both countries with much assistance in the way of constructing a multi-polar economic arrangement based on the principles of sovereignty and mutually beneficial cooperation. According to the logic of neo-liberal capital, only war with Russia and China can save the system from itself.

“War with Russia could bring about the destruction of humanity.”

This conclusion stems from the fact that neo-liberal capital is not growing, it is contracting. Eighty-percent of workers are near-poor in the US while six mega billionaires hold ownership of over half of the planet’s wealth. Concentrated profit does not mean that all is well with the ruling class. Internal contradictions are eating the capitalist system alive. Neither finance capital nor its monopoly investors can arrest the resultant decline. The growth of technology to speed up production and profit has left millions stuck in permanent unemployment. A high-tech system of production is an expensive system of production, requiring lower wages and debt to absorb the falling rate of profit. Global overproduction has thus developed alongside mass misery.

Such conditions are at the root of mass incarceration, where millions of mostly Black and poor workers are warehoused in cages because there is nothing on the outside that the system can offer. They are also the root of mass surveillance, as the system must keep tabs on an increasingly restless population and justify infringements on civil liberties as necessary counter-terror measures. The War on Terror and Drugs have been prerequisites toward keeping the population scared and its attention away from the US capitalist overlords who fund and support drug trafficking and terrorism for political gain. And when all else fails, blame Russia.

“The system must keep tabs on an increasingly restless population and justify infringements on civil liberties as necessary counter-terror measures.”

The struggle against neo-liberal capital and anti-Russian hysteria is a struggle to transform and revolutionize society. This struggle requires both practical political organization and ideological development. There will be no revolution without revolutionary thought, and no revolution without revolutionary action. All too often the left is debating which one is the most important for the future success of a revolutionary movement. The answer is both, together.

For most, this explanation is understandably too broad to inform individual political energy. Liberal thought and action thus becomes attractive because it hides behind the cloak of the possible and pragmatic. It is easier to think in terms of electoral politics than in global struggle. It is far more simple to advocate for a cooperative economy or universal basic income without spelling out the broad context that prevents their formation. In order for any material victories to be won on a mass scale, the victors must understand the world in which they fight.

“A movement for social transformation in the US has still yet to be born.”

Conscious struggle has brought about meaningful and deep changes in recent years. Mumia Abu-Jamal is now receiving Hep-C treatment after years of struggle with the State of Pennsylvania. The release of Chelsea Manning and Oscar Rivera Lopez also come to mind. Solidarity with Cuba freed the Cuban 5 and has given the socialist nation more opportunities to develop its economy. But these victories have come in the midst of great cost. A movement for social transformation in the US has still yet to be born, as the presence of dozens of political prisoners and the ongoing US blockade against Cuba reminds us.

Not once did I mention the Democratic or Republican Party. Both parties have done their part to create the crisis before us. A rejection of the two-parties means an embrace of the struggle against imperialism worldwide. It means that the nations with US targets on their backs should be seen as potential allies. Yes, this includes Russia. And Syria. It includes the left movements in Latin America. In the spirit of Malcolm X, the Black liberation movement, and the historic anti-imperialist struggle around the world, the time has come to search for real bonds of solidarity around the world to aid in the struggle against white supremacy, capitalism, and empire in the US and the West. Let no one, not even those who call themselves “the left,” tell you otherwise.

 

Danny Haiphong is an Asian activist and political analyst in the Boston area. He canbereachedatwakeupriseup1990@gmail.com

Deep State, shallow politics, dumb economics

Posted on by
1

By Frank Scott

Source: Intrepid Report

In 1965, the USA had 780,000 people in prison, jail, on parole or on probation.

By 2010, that population had grown by more than nine times, to 7 million and the prison business was booming as never before, creating profits, jobs and unparalleled human misery.

In 1954, the integration of public schools was seen as a great victory for civil rights and Americans now designated as “people of color”*. Today more than 50% of the prison population is designated as “people of color” and the disintegration of the entire public school system continues for all Americans designated as people.

In 2015, there were 536 billionaires in the U.S.A. In a nation of more than 325 million people, that represents less than 2 millionths of one percent of the population. For the textually challenged, that looks like this:.000002%

Wow.

How hard those truly brilliant people must have worked to achieve those riches. And one of them was Donald Trump!

Imagine how many cases they had to plead in court, classes to teach in school, buses to drive, meals to prepare, floors to wash, crops to pick, mail to deliver and deals to make? Well, actually, they mostly made deals using their great wisdom and brilliance at investing wisely. You and I could do as well if we worked as hard and were as smart and industrious as they are, including Donald Trump!

And if we were paid a thousand dollars an hour for our hard work, and we worked twenty four hours a day, seven days a week, fifty two weeks a year, maybe if we stashed all that cash and didn’t spend any of it we might have a billion dollars.

Nope.

In fact, if you worked twenty four hours a day, seven days a week, fifty two weeks a year and did that for ten years, at one thousand dollars an hour, never stopped, never took any time off and never spent any of the money and just stashed it, you still wouldn’t have a billion dollars.

Is this a great democracy or what?

In that same year of 2015, America’s GDP for pets, which was $38.5 billion in 2006, had grown to $60.3 billion. Twelve companies insured 1.4 million pets owned by 79.6 million American families (65% of households) with premiums amounting to 660.5 million dollars.

163.8 million dogs and cats are comfortably housed in a political economy that has half a million of its people homeless and more than 20% of its children living in poverty. This is certainly reason enough for us to demand that Russia, North Korea, Syria and other nations adopt our democratically civilized way of living or suffer the consequences of our superior wrath. Right?

As of March1, 2017, our national debt was close to $20 trillion, which is more than our GDP, which is truly a gross domestic product. We the people of this great democracy pay more than $440 billion a year in interest on that debt.

Who do we pay it to?

Where’d they get the money to loan us?

Who prints and backs this money supply?

If you have any money among your plastic, look at one of the bills of any denomination and note that the power behind the cash is not the dead presidents or Rockefeller, Carnegie, Zuckerburg, Soros, Bezos, Visa or MasterCard but something called “The United States of America.”

That is not a private bank or a billionaire. That’s you. That’s us.

Remember, we, the public, print the money, in our name, and somehow it gets to a private source which loans it to us and charges us interest for the privilege. Would you like to buy a bridge?

Our personal debt, incurred to keep the economy going with our consuming and owed to the same market gods, was over $18 trillion. Almost as high as our public debt. Somehow, we owe it to the same people who loaned us our own money for public expenses. Wow.

Are they really smart?

Or are we really stupid?

Many Americans are treated as lower than scum for being working class and “uneducated.” Why are so many Americans so “uneducated”? Could it have anything to do with the fact that at some point they went through grammar and high schools taught by (drum roll) college-educated people**? And winding up with presidents like a truly brilliant rich guy with degrees from Yale and Harvard (wow!) who starts wars in the Middle East that have gone on longer than any in our history, with the consent of 534 out of 535 democratically (?) elected college graduates in congress?

Whether the organized crime lobby (Wall Street, banks, billionaires) supports guns for individuals, Israelis or the Military Industrial Complex, it remains in control of the political economics of American government. NRAIPAC and its ilk own, rent and control the White House, Congress and Corporate media. That was the case before Trump and still is the case now.

We need resistance to that system of minority control itself, and not simply the servants it hires, leases, rents or outright owns. As long as we allow a gallon of milk to cost more than a gallon of gasoline, as long as we tolerate an economics that will sustain a disease as long as profits for its treatment are greater than profits for its cure***, we not only face long range climate disaster but a much shorter range political economic calamity.

Global capitalism threatens immediate and growing poverty, war, human misery and planetary destruction no matter which political pinhead, pimp or ho lives in the subsidized residency we call the white house. As long as we allow the richest and smallest minority in our history to put only their servants up for our votes, calling this a democracy reduces us to the best-dressed peasants on the Titanic. We need to end the fundamentalist religion of private profit marketing that is becoming a greater menace by the minute and begin democratic action in a social revolution that expresses majority public interest, desire and need. Fast.

 

Notes

*All members of the human race are “of color” save for a small group called albinos. Some of us have darker or lighter skin but skin tone is of no more racial significance than brown hair, green eyes or long legs. Innocents, the ignorant and morons who still believe otherwise are science deniers at best, and anti-human at worst, no matter their skin tone.

**Those with a stake in maintaining their incomes & consumption are unlikely to participate in efforts to bring about radical change”—Michael D. Yates

***Check cancer, for starters; a multi-multi billion-dollar industry

Life-Hacks of the Poor and Aimless

Posted on by
2

horrible-life-hacks-19

On negotiating the false idols of neoliberal self-care

By Laurie Penny

Source: The Baffler

Late capitalism is like your love life: it looks a lot less bleak through an Instagram filter. The slow collapse of the social contract is the backdrop for a modern mania for clean eating, healthy living, personal productivity, and “radical self-love”—the insistence that, in spite of all evidence to the contrary, we can achieve a meaningful existence by maintaining a positive outlook, following our bliss, and doing a few hamstring stretches as the planet burns. The more frightening the economic outlook and the more floodwaters rise, the more the public conversation is turning toward individual fulfillment as if in a desperate attempt to make us feel like we still have some control over our lives.

Coca-Cola encourages us to “choose happiness.” Politicians take time out from building careers in the debris of democracy to remind us of the importance of regular exercise. Lifestyle bloggers insist to hundreds of thousands of followers that freedom looks like a white woman practicing yoga alone on a beach. One such image (on the @selflovemantras Instagram) informs us that “the deeper the self love, the richer you are.” That’s a charming sentiment, but landlords are not currently collecting rent in self-love.

Can all this positive thinking be actively harmful? Carl Cederström and André Spicer, authors of The Wellness Syndrome, certainly think so, arguing that obsessive ritualization of self-care comes at the expense of collective engagement, collapsing every social problem into a personal quest for the good life. “Wellness,” they declare, “has become an ideology.”

There is an obvious political dimension to the claim that wellbeing, with the right attitude, can be produced spontaneously. Months after being elected leader of the most right-wing government in recent British history, yogurt-featured erstwhile PR man David Cameron launched an ill-fated “happiness agenda.” The scheme may have been better received if the former prime minister were not simultaneously engaged in decimating health care, welfare, and higher education—the very social structures that make life manageable for ordinary British people. As part of Cameron’s changes to the welfare system, unemployment was rebranded as a psychological disorder. According to a study in the Medical Humanities journal, in the teeth of the longest and deepest recession in living memory, the jobless were encouraged to treat their “psychological resistance” to work by way of obligatory courses that encouraged them to adopt a jollier attitude toward their own immiseration. They were harangued with motivational text messages telling them to “smile at life” and that “success is the only option.”

This mode of coercion has been adopted by employers, too, as Cederström and Spicer note. Zero-hour-contract laborers in an Amazon warehouse, “although they are in a precarious situation . . . are required to hide these feelings and project a confident, upbeat, employable self.” All of which begs the question: Who exactly are we being well for?

The well-being ideology is a symptom of a broader political disease. The rigors of both work and worklessness, the colonization of every public space by private money, the precarity of daily living, and the growing impossibility of building any sort of community maroon each of us in our lonely struggle to survive. We are supposed to believe that we can only work to improve our lives on that same individual level. Chris Maisano concludes that while “the appeal of individualistic and therapeutic approaches to the problems of our time is not difficult to apprehend . . . it is only through the creation of solidarities that rebuild confidence in our collective capacity to change the world that their grip can be broken.”

The isolating ideology of wellness works against this sort of social change in two important ways. First, it persuades all us that if we are sick, sad, and exhausted, the problem isn’t one of economics. There is no structural imbalance, according to this view—there is only individual maladaption, requiring an individual response. The lexis of abuse and gas-lighting is appropriate here: if you are miserable or angry because your life is a constant struggle against privation or prejudice, the problem is always and only with you. Society is not mad, or messed up: you are.

Secondly, it prevents us from even considering a broader, more collective reaction to the crises of work, poverty, and injustice. That’s the logic exposed by personal productivity gurus like Mark Fritz, who tells us, in The Truth About Getting Things Done, that:

The biggest barrier to achieving the success you have defined for your life is never anyone else or the circumstances you encounter. Your biggest barrier is almost always you. . . . Dr Maxwell Maltz, author of Psycho-Cybernetics [ETA: sounds legit to me!], put it best when he said, “Within you right now is the power to do things you never dreamed possible. This power becomes available to you as soon as you can change your beliefs.

This, of course, is a cyclopean lie—but it’s a seductive one nonetheless. It would be nice to believe that all it takes to change your life is to repeat some affirmations and buy a planner, just as it was once comforting for many of us to trust that the hardships of this plane of existence would be rewarded by an eternity of bliss in heaven. There is a reason that the rituals of well-being and self-care are followed with the precision of a cult (do this and you will be saved; do this and you will be safe): It is a practice of faith. It’s worth remembering that Marx’s description of religion as the opiate of the masses is often misinterpreted—opium, at the time when Marx was writing, was not just known as an addictive drug, but as a painkiller, a solace when the work of survival became unbearable.

With the language of self-care and well-being almost entirely colonized by the political right, it is not surprising that progressives, liberals, and left-wing groups have begun to fetishize a species of abject hopelessness. Positive thinking has become deeply unfashionable. The American punk kids I know describe it, disparagingly, as “posi.” The British ones, of course, describe it as “American.” Whatever you call it, it feels a lot like giving in.

In a scintillating essay at Open Democracy, activist Chloe King writes that

changing your attitude is not going to change or help to dismantle structural injustice and a failed and unsustainable economic model which serves only the elite rich of this world, and exploits the rest of us, particularly the working class and those living in poverty. As far as I am concerned positive thinking will fucking ruin your life. “Just think positive” is a precursor to “it gets better,” and the hard reality is it is only going to get much, much worse for our most vulnerable.

There is truth here. What is also true, however, is that the young people I know who are, in general, the very worst at taking basic care of themselves as individuals—the people whose problem is not that they don’t drink enough asparagus water, but that they don’t drink enough of anything that isn’t day-old wine from a foil bag—are those who went through the student and Occupy uprisings of 2010–2012 and experienced, briefly, what it meant to live a different sort of life. What it meant to be part of a community with common goals of which mutual aid and support were not the least. What it meant to experience that sudden, brief respite from individual striving and build a prefigurative society together. The lonely work of taking basic care of yourself as you wait for the world to change is a poor substitute. When you’re washed up and burned out from putting your body on the line to fight the state, it’s especially galling to be told to share a smile and eat more whole grains.

When modernity teaches us to loathe ourselves and then sells us quick fixes for despair, we can be forgiven for balking at the cash register. Anxious millennials now seem to have a choice between desperate narcissism and crushing misery. Which is better? The question is not rhetorical. On the one hand, Instagram happiness gurus make me want to drown myself in a kale smoothie. On the other, I’m sick and tired of seeing the most brilliant people I know, the fighters and artists and mad radical thinkers whose lives’ work might actually improve the world, treat themselves and each other in ludicrously awful ways with the excuse, implicit or explicit, that any other approach to life is counterrevolutionary.

Some of the left critique of self-care as a neoliberal conspiracy has to do with dismissing the work that women and queer people do to survive. “I have heard feminism be dismissed as a form of self-indulgence,” writes Professor Sara Ahmed of Goldsmiths, University of London. So have I. I’ve heard men on the left write off anti-sexist, anti-racist politics as hopelessly individualistic, whilst also refusing to do the basic work of self-care and mutual care that keeps hope alive and health possible, because that work is women’s work, undignified in comparison to watching your life fall apart while you wait for the revolution or for some girl to pick up the pieces, whichever comes first.

The left has a special talent for counterproductive, theory-enabled wallowing. “Neoliberalism sweeps up too much when all forms of self-care become symptoms of neo-liberalism,” writes Ahmed. “When feminist, queer, and anti-racist work that involves sharing our feelings, our hurt and grief, recognizing that power gets right to the bone, is called neo-liberalism, we have to hear what is not being heard. . . . A world against you can be experienced as your body turning against you. You might be worn down, worn out, by what you are required to take in.”

It is at this point that I confess to you that I’ve been doing yoga for two years and it’s changed my life to an extent that I almost resent. I have trained myself, through dedicated practice on and off the mat, to find enough inner strength not to burst out laughing when the instructor ends the class by declaring “let the light in me honor the light in you.” The instructor is a very nice person who smiles all the time like a drunk kindergarten teacher and could probably kill me with her abs alone, so I have refrained from informing her that the light in me is sometimes a government building on fire.

Downward-facing dog is not a radical position. Nonetheless, that particular asana is among a few small concessions I make to self-care while I wait for the end of patriarchy and the destruction of the money system. Overpriced charcoal health drinks aren’t good for liberating anything except your wallet and your colon in short succession, but walks in the park are free, so I occasionally go out in the sunshine and try to soak up a bit of Vitamin D without worrying about skin cancer, melting ice-caps, and millions of people drowning in Bangladesh. I no longer subsist entirely on chicken nuggets, cigarettes, and spite. I sometimes take a day off, because it became apparent that the revolution was not being driven any faster by my being sick and sad all the time. Late Capitalism is as good an excuse of any for not getting out of bed, but huddling under the covers worrying about Donald Trump is a very inefficient way of sticking it to the man.

The problem with self-love as we currently understand it is in our view of love itself, defined, too simply and too often, as an extraordinary feeling that we respond to with hearts and flowers and fantasy, ritual consumption and affectless passion. Modernity would have us mooning after ourselves like heartsick, slightly creepy teenagers, taking selfies and telling ourselves how special and perfect we are. This is not real self-love, no more than a catcaller loves the woman whose backside he’s loudly admiring in the street.

The harder, duller work of self-care is about the everyday, impossible effort of getting up and getting through your life in a world that would prefer you cowed and compliant. A world whose abusive logic wants you to see no structural problems, but only problems with yourself, or with those more marginalized and vulnerable than you are. Real love, the kind that soothes and lasts, is not a feeling, but a verb, an action. It’s about what you do for another person over the course of days and weeks and years, the work put in to care and cathexis. That’s the kind of love we’re terribly bad at giving ourselves, especially on the left.

The broader left could learn a great deal from the queer community, which has long taken the attitude that caring for oneself and one’s friends in a world of prejudice is not an optional part of the struggle—in many ways, it is the struggle. Writer and trans icon Kate Bornstein’s rule number one is “Do whatever it takes to make your life more worth living. Just don’t be mean.” It’s more than likely that one of the reasons that the trans and queer communities continue to make such gains in culture, despite a violent backlash, is the broad recognition that self-care, mutual aid, and gentle support can be tools of resistance, too. After the Orlando massacre, LGBTQ people across the world started posting selfies under the hashtag #queerselflove. In the midst of the horror, the public mourning, and the fear, queer people of all ages and backgrounds across the world engaged in some light-hearted celebration of ourselves, of one another.

The ideology of wellbeing may be exploitative, and the tendency of the left to fetishize despair is understandable, but it is not acceptable—and if we waste energy hating ourselves, nothing’s ever going to change. If hope is too hard to manage, the least we can do is take basic care of ourselves. On my greyest days, I remind myself of the words of the poet and activist Audre Lorde, who knew a thing or two about survival in an inhuman world, and wrote that self care “is not self-indulgence—it is self-preservation, and that is an act of political warfare.”