Friday , April 26 2024
Home / EconoSpeak (page 8)

EconoSpeak

The Econospeak blog, which succeeded MaxSpeak (co-founded by Barkley Rosser, a Professor of Economics at James Madison University and Max Sawicky, an economist at the Economic Policy Institute) is a multi-author blog . Self-described as “annals of the economically incorrect”, this frequently updated blog analyzes daily news from an economic perspective, but requires a strong economics background.

Haiti and Regis Debray

 I don't know if you saw the series on Haiti in last week's Times--pretty good-- "pretty, pretty good "as Larry David might say.One section concerns the reaction of the French to Aristide's call for reparations. Who do you think led the so-called Commission that France formed to "consider" the question, and by consider I mean "absolutely refuse to consider," and then went to Haiti to not-so-subtly threaten Aristide with the fate of Allende if he didn't drop it? None other than Regis...

Read More »

Biden Kowtows To Saudi Arabia

 Apparently President Biden will be visiting Riyadh as part of his forthcoming Middle East tour. The report on this coincides with an apparent end to negative comments about the nation's Crown Prince Mohammed bin Salman (MbS), whom the CIA has accused of having ordered the execution and chopping up of journalist Jamal Khashoggi. It must be admitted that MbS has made some progressive moves, allowing women to drive and reigning in to some extent the power of the Mutaween religious police. But...

Read More »

There is so little real friendship in the world!

On April 27 a bot began viewing one post on EconoSpeak every five minutes. It continued to do so until yesterday when I reverted the post to draft. That's 288 fake views every day for a little over a month. Looking back at overall EconoSpeak traffic there are unexplained spikes that occur every two months or so. Tens of thousands of "views" suddenly appear out of the blue. There is so little real friendship in the world.

Read More »

Ways Of Dying

 The Economist in each issue has an obituary on its final page. The one for May 21 was of Saotome Katsumoto of Tokyo, Japan, whom I had never heard of who just died at age 90. Apparently he had been the main person documenting details of the event that involved more people dying at a single time in a single place in world history, although the obit did not specifically point that out.  It did note that the event did involve more people dying than some related more famous events, namely the...

Read More »

The “Red” Roots of the U.S. National Security State

During the time he was drafting collective bargaining legislation for the National Industrial Recovery Act in July 1933, Leon Keyserling wrote to his father: Under a capitalistic society, the same people who profited by the anarchy are likely to work most of the controls, and in the same stupidly selfish and self-destructive manner. Without revolution which transfers power to the workers and sets up a socialized state, little will be gained. But the establishment of controls and the...

Read More »

The Cultural Marxism – Conservative Christian Consensus on America’s Culture of Violence

Gun Culture and the American Nightmare of Violence by Henry Giroux, January 10, 2016:Mass shootings have become routine in the United States and speak to a society that relies on violence to feed the coffers of the merchants of death. Given the profits made by arms manufacturers, the defense industry, gun dealers and the lobbyists who represent them in Congress, it comes as no surprise that the culture of violence cannot be abstracted from either the culture of business or the corruption of...

Read More »

An Army of All-American Paramilitary Death-Squad Soloists

In their 2014 Super Bowl ad (declined by the NFL), Daniel Defense, the AR-15 merchants of death, EXPLICITLY tied a 'paramilitary army-of-one' motif to its role as a military-industrial complex supplier. A man arrives home -- presumably from a tour of duty -- and enters the house past a conspicuously displayed, framed photo of him in his Marine uniform. Behind that photo is another photo with a wide frame labeled "FAMILY... they are always..." the last words are hidden behind the photo of the...

Read More »

Punctuation And The Second Amendment

 For most of American history since the Second Amendment was adopted the courts interpreted it as tying the second portion of the amendment to the first part of it. Thus the "right to bear arms" was tied to the need to establish a "well-regulated militia." The "state" was seen as individual states, and the modern national guard was seen as the descendant of this militia, especially given that the Founding Fathers supposedly did not see a permanent standing military body being something the...

Read More »

And Babies?

Uvalde = My Lai. This is not hyperbole. War crimes are an inevitable byproduct of war. Mass shootings are an inevitable byproduct of militarism and a militarized culture. The same political process that led to and perpetuated the war in Vietnam continues to perpetuate the slaughter of innocents in American schools, supermarkets, nightclubs, subways, and synagogues.It is not just the "extreme right" doing this. It is the cultural consequence of the political aspects of full employment. It is...

Read More »

American Impotence

"The evenly-divided Senate approved the legislation – formally known as the National Defense Authorization Act (NDAA) – on Wednesday in an 88-11 vote, garnering strong support from both Democrats and Republicans. The House of Representatives passed it by 363-70 last week."Do Americans really think politicians who eagerly approved a $777 billion military industrial complex bill by an 8-1 margin in the Senate and a 5-1 margin in the House will "do something" about civilian gun violence?...

Read More »