Top Level - MarketTicker Forums. Zero hedge | on a long enough timeline, the survival rate for everyone drops to zero. Market-Ticker. The sound-design-film-music Daily. Tech News | Innovation News | Money News. Remembering the Boxer Uprising: A righteous fist. Wall Street, investment bankers, and social good. A few months ago, I came across an announcement that Citigroup, the parent company of Citibank, was to be honored, along with its chief executive, Vikram Pandit, for “Advancing the Field of Asset Building in America.”
This seemed akin to, say, saluting BP for services to the environment or praising Facebook for its commitment to privacy. During the past decade, Citi has become synonymous with financial misjudgment, reckless lending, and gargantuan losses: what might be termed asset denuding rather than asset building. In late 2008, the sprawling firm might well have collapsed but for a government bailout. Even today the U.S. taxpayer is Citigroup’s largest shareholder. The award ceremony took place on September 23rd in Washington, D.C., where the Corporation for Enterprise Development, a not-for-profit organization dedicated to expanding economic opportunities for low-income families and communities, was holding its biennial conference.
There is something in what Mack says. How Dems Allowed the Tea Party to Rebrand the GOP. TRNN Replay (first published days before the 2010 elections) - Paul Jay: Top six ways Obama and the Democratic Party allowed a resurgence of the Republicans - Transcript PAUL JAY, SENIOR EDITOR, TRNN: Welcome to the The Real News Network, I'm Paul Jay in Washington. On Tuesday, American voters are going to choose which section of the American elite they want to govern them. Who says that's the choice? Conservative pundit George Will did, that was in the fall of 2008 during the Presidential elections.Here's what he had to say: GEORGE WILL, ABC.COM: "Surely in a democracy it's time for us to quit being sentimental and say the question we settle in an election is not whether elites shall rule but which elites shall rule. "JAY: George Will did something that no one is supposed to do on American television. More Info Comments Our automatic spam filter blocks comments with multiple links and multiple users using the same IP address.
Petty China's Nobel problems to continue. China reacted initially by terming the award an “obscenity” and demanded an apology. It accused Europeans generally of using the Nobel prize as part of a plot to contain China. It has also accused the West of trying to force its values on China. Now, however, the focus is on the scheduled formal ceremony for the conferment of the award in Oslo on Dec. 10, at a grand ceremony in the presence of the king and queen of Norway. It is unclear who will receive the award on Liu's behalf. Needless to say, the intended recipient will be kept in prison and will not be allowed to travel to Norway. It is also highly unlikely that his wife, Liu Xia, will be allowed to do that either. Liu's wife has made public a list of about 140 names of his friends whom she has asked to receive the award on her husband's behalf.
However, there are one or two dissidents who are currently overseas, and who may therefore be able to fly to Oslo. And so, it seems, Liu's peace prize will not lie uncollected gathering dust. Naked capitalism. IFC.com – Independent Film Channel – News, Interviews, Schedule & Shows. False consciousness. Author: Daniel Little University of Michigan-Dearborn “False consciousness” is a concept derived from Marxist theory of social class. The concept refers to the systematic misrepresentation of dominant social relations in the consciousness of subordinate classes.
Marx himself did not use the phrase “false consciousness,” but he paid extensive attention to the related concepts of ideology and commodity fetishism. Members of a subordinate class (workers, peasants, serfs) suffer from false consciousness in that their mental representations of the social relations around them systematically conceal or obscure the realities of subordination, exploitation, and domination those relations embody. Related concepts include mystification, ideology, and fetishism. Marx offered an objective theory of class, based on an analysis of the objective features of the system of economic relations that constitute the social order.
References Althusser, Louis. 1971. Gramsci, Antonio. 1971. Marx, Karl. 1971. Usa-vs-mexico-border-volleyball-32258-1273862509-35.jpg (600×289)