Archive for bailout

The Holiday Season Highlights the Cruelty and Absurdity of Capitalism

Posted in Social and Political Commentary with tags , , , , , , , , on December 24, 2008 by ezlnwv

Capitalism allows a minority of elites to control over 90% of the world’s resources. It allows the super-wealthy to use our resources without our consent or even suggestions. It allows those with the very most power to be unhassled by democratic institutions and concepts, such as checks and balances.

To make matters worse, capitalism rewards those most willing to cheat, backstab, and exploit. And thus the most powerful people on earth are usually the most deserving of contempt and ire.

But apologists for capitalism insist that “a rising tide lifts all boats.” Somehow, we have been made to believe that allowing a few odious people to control our resources was in our self-interest. Somehow, Christians (and others) have been made to believe that God did not give the earth and its bounties to be shared, but to be competed for.

Being it christmas, a season for brotherhood and love, I feel it to be an ideal time to review how the economic elites have  been using our resources.

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I’m Ready if You Are

Posted in Social and Political Commentary with tags , , , , , , , , , on December 17, 2008 by ezlnwv

“Multinational corporations do not have a great deal of national loyalty and even less loyalty to Southern West Virginia”–E Morgan Massey in a letter to the Charleston Gazette, 1985

To Thomas Jefferson, the biggest threat to his new nation was capitalism, though he never used the 19th century terminology. In 1810, he wrote to a friend,
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