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When will America's elites realize that unless they drop their neoliberal ways, which prevent unions from resisting pressure from management to keep down wages, America will end up like a third world country, with only a lucky few being able maintain an acceptable standard of living?  

They already do.  It is their goal.  So far, they are on schedule.  

The Fates are kind.

by Gaianne on Wed Apr 4th, 2007 at 04:00:58 PM EST
I doubt that it is really their goal ... most don't have a clue what places like Haiti are really like and what it means.

Though, perhaps the right analogy is Singapore, which, in many ways, meets the right-wing ideological dream state with vast difference between wealthy and the majority of the population, and a working nation that they respect.

Blogging regularly at Get Energy Smart. NOW!!!

by a siegel (siegeadATgmailIGNORETHISdotPLEASEcom) on Wed Apr 4th, 2007 at 10:30:53 PM EST
[ Parent ]
When I saw what the [walled, guarded,] "gated communities" in Palm Springs were like I cold hardly believe it. Yes, I think people know exactly what they want and, like you say, they think they're personally going to be among the "winners".

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Thu Apr 5th, 2007 at 01:31:19 AM EST
[ Parent ]
but yes, it really is their goal.  

Their obsession and greed are so great that the future does not signify.  

Franklin Delano Roosevelt saved capitalism for them in the 1930s:  Were they thankful?  Not at all.  They excoriated him, then and now.  The New Deal has finally been overthrown:  Now they are trying Nazism.  Will it last a thousand years?  It DID NOT, last time; it CANNOT, this time.  No matter:  Anything less than everything is not worth even thinking about.  

A death trip.  Most likely, they are even destroying themselves.  

It does not matter at all.  

The Fates are kind.

by Gaianne on Thu Apr 5th, 2007 at 10:38:42 PM EST
[ Parent ]
It is a basic principle of neo-liberalism that the right way to run the economy is to pander to the consumer by fucking the producer. Thus Hayek in "The Constitution of Liberty" wrote that "a plant or industry cannot be conducted in the interest of some permanent distinct body of workers if it is at the same time to serve the interest of the consumers".
But even the obnoxious Hayek did not envisage the ridiculous greed of today's US top exectives.

See my site www.equilibrium-economicum.net, article "Free-Marketeers versus Workers (April 2006).    

ANGUS SIBLEY, website http://www.equilibrium-economicum.net, "Querying economic orthodoxy"

by parisien on Wed Apr 11th, 2007 at 06:28:15 AM EST
[ Parent ]

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