Tag: Amy Goodman

Economist Richard Wolff discusses how austerity is making economic problems worse and the cure for these economic woes.

As Washington lawmakers pushes new austerity measures, economist Richard Wolff calls for a radical restructuring of the U.S. economic and financial systems. We talk about the $85 billion budget cuts as part of the sequester, banks too big to fail, Congress’ failure to learn the lessons of the 2008 economic collapse, and his new book, “Democracy at Work: A Cure for Capitalism.” Wolff also gives Fox News host Bill O’Reilly a lesson in economics 101.

   AMY GOODMAN: Professor Wolff, before we end, I want to turn back to the crisis in Cyprus and relate it to what’s happening here. Bill O’Reilly of Fox News warned his audience last week that Cyprus and other European countries are facing economic hardships because they’re so-called “nanny states.”

       BILL O’REILLY: Greece, Italy, Spain, Portugal, Ireland, now Cyprus, all broke. And other European nations are close. Why? Because they’re nanny states, and there are not enough workers to support all the entitlements these progressive paradises are handing out.

   AMY GOODMAN: That’s Bill O’Reilly of Fox News. Richard?

   RICHARD WOLFF: You know, he gets away with saying things which no undergraduate in the United States with a responsible economic professor could ever get away with. If you want to refer to things as nanny states, then the place you go in Europe is not the southern tier-Portugal, Spain and Italy; the place you go are Germany and Scandinavia, because they provide more social services to their people than anybody else. And guess what: Not only are they not in trouble economically, they are the winners of the current situation. The unemployment rate in Germany is now below 5 percent. Ours is pushing between 7 and 8 percent. So, please, get your facts right, Mr. O’Reilly.

   The nanny state, you call it, the program of countries like Germany and Scandinavia, who tax their people heavily, by all means, but who provide them with social services that would be the envy of the United States-a national health program that takes care of you, whether you’re employed or not, and gives you proper healthcare. In France, for example, the law says when you go to work, you get five weeks’ paid vacation. That’s not an option; that’s the law. You get support when you’re a new parent for your child care and so forth. They provide services. And they are successful in Germany and Scandinavia, much more than we are in the United States and much more than those countries in the south.

   So they’re not broken, the south, because they’re nanny states, since the nanny states, par excellence, are doing better than everyone. The actual truth of Mr. O’Reilly is the opposite of what he says. The more you do nanny state, the better off you are during a crisis and to minimize the cost of the crisis. That’s what the European economic situation actually teaches. He’s just making it up as he goes along to conform to an ideological position that is harder and harder for folks like him to sustain, so he has to reach further and further into fantasy.

H/t Heather at Crooks and Liars

Capitalism efficient? We can do so much better

by Richard Wolff, The Guardian

For all its vaunted efficiency, capitalism has foisted wasteful inequality and environmental ruin on us. There is an alternative

What’s efficiency got to do with capitalism? The short answer is little or nothing. Economic and social collapses in Detroit, Cleveland and many other US cities did not happen because production was inefficient there. Efficiency problems did not cause the longer-term economic declines troubling the US and western Europe.

Capitalist corporations decided to relocate production: first, away from such cities, and now, away from those regions. It has done so to serve the priorities of their major shareholders and boards of directors. Higher profits, business growth, and market share drive those decisions. As I say, efficiency has little or nothing to do with it.

Many goods and services once made in the US and western Europe for those markets are now produced elsewhere and transported back to them. That wastes resources spent on the costly relocation and consequent return transportation. The pollution (of air, sea and soil) associated with vast transportation networks – and the eventual cleaning up of that pollution – only enlarges that waste.

As the most expensive presidential election in U.S. history comes to an end, broadcaster Tavis Smiley and professor, activist Dr. Cornel West join us to discuss President Obama’s re-election and their hopes for a national political agenda in and outside of the White House during Obama’s second term. At a time when one in six Americans is poor, the price tag for combined spending by federal candidates – along with their parties and outside groups like super PACs – totaled more than $6 billion. Together, West and Smiley have written the new book, “The Rich and the Rest of Us: A Poverty Manifesto.” Both Tavis and Smiley single out prominent progressives whom they accuse of overlooking Obama’s actual record. “We believe that if [Obama] is not pushed, he’s going to be a transactional president and not a transformational president,” Smiley says. “And we believe that the time is now for action and no longer accommodation. … To me, the most progressive means that you’re taking some serious risk. And I just don’t see the example of that.” West says that some prominent supporters of Obama “want to turn their back to poor and working people. And it’s a sad thing to see them as apologists for the Obama administration in that way.”

Transcript can be read here

“In a recent interview on Democracy Now!, ex-Princeton professor and frequent Obama critic Dr. Cornel West lashed out against the president as well as pundits Michael Eric Dyson, Melissa Harris-Perry and Rev. Al Sharpton.

West called Obama a “Rockefeller Republican in blackface” and said Dyson, Harris-Perry and Sharpton were all “for sale.”

West, along with TV personality Tavis Smiley, has been one of President Barack Obama’s loudest and harshest African-American critics. Although West endorsed and campaigned for Obama during the 2008 campaign, he has since complained that the first black president turned his back on impoverished Americans.”

Cenk Uygur and Jayar Jackson discuss West’s comments and racial attitudes toward Obama in general. Is there a way he should act as both the president and a leader for the black community? How would he manage that?

Cross posted from Docudharma

Illegal immigration in America started on October 12, 1492 when Christopher Columbus bumped into an island in the Bahamas thinking he found the western route to India. We all know how that turned out.

The history of the treatment of Native Americans by the illegal immigrants from Europe is abominable and continues to this day. Of the over 500 treaties the United States government signed with Native American tribes, the government has broken or violated every one. That’s quite a foreign policy record.

Twenty-two years ago South Dakota renamed the second Monday in October Native American Day in honor of the indigenous people who suffered near-annihilation after Columbus opened doors to the New World. This is how Native Americans commemorate the day:

Diana King is an enrolled member of the White Earth Indian Nation in northern Minnesota. For the last 12 years, she has taught at the Waubun High School, which is located on a reservation. “Columbus Day is a chance to teach about who we once were, what has become of us since Europeans arrived on our shores and who we are today – a struggling but surviving people,” King says.

Each October, King creates a bulletin board that illustrates a rich display of indigenous life on the American continents circa 1492.[..]

“I want teachers to teach more about Indian civilization just like they do with Egyptian or European history,” she says. “Our … history did not begin with Christopher Columbus.” [..]

“Even though 70 percent of our students are Native, most of our teachers are non-Indian,” she says. “When I started here there were no Ojibwe language classes and there was no after-school program for Native students. Working with teachers to help educate them about our students about their culture and the issues they face living on the reservation is critical to promoting success.” [..]

“We should have been wiped out,” she says. “It’s a miracle Native people still exist. I have never liked the word ‘conquered.’ We are still here after 500 years. And maybe every time Columbus Day comes around, we should rethink who the real heroes are: the explorer or the survivors?”

Also from Democracy Now!, Amy Goodman interviews Native American Activist Dennis Banks who shared his experiences and view about this day:

On “Columbus Day” – known to many as Indigenous Peoples Day – we’re joined by Dennis Banks, a legendary Native American activist from the Ojibwe Tribe. In 1968, he co-founded the American Indian Movement. A year later, he took part in the occupation of Alcatraz Island in California. In 1972, he assisted in AIM’s “Trail of Broken Treaties,” a caravan of numerous activist groups across the United States to Washington, D.C., to call attention to the plight of Native Americans. That same year, AIM took over the Bureau of Indian Affairs building in Washington, D.C. In early 1973, AIM members took over and occupied Wounded Knee on the Pine Ridge Indian Reservation for 71 days, which some have come to call Wounded Knee II. Earlier this year, he led a cross-country walk from Alcatraz to Washington calling for the release of imprisoned Native American activist Leonard Peltier. Banks shares his thoughts about Columbus Day, the U.S. treatment of American Indians, and his own story of growing up in the BIA boarding school system.

Please sign the petition to President Barack Obama: Clemecy for Leonard Peltier.

Thanks to my friend Izzy, aka Black Eagle.

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