Ten myths about capitalism Capitalism in the neoliberal version has exhausted itself. Financial sharks do not want to lose profits, and shift the main burden of debt to the retirees and the poor. A ghost of the “European Spring” is haunting the Old World and the opponents of capitalism explain people how their lives are being destroyed. This is the topic of the article of a Portuguese economist Guilherme Alves Coelho. New Yorker's DOMA Cover Features Bert And Ernie The New Yorker celebrated the Supreme Court's historic rulings on gay marriage with one of its most awesome covers of all time. It marked the moment by featuring what many people consider to be one of the most famous gay couples in pop culture: Bert and Ernie. In the magazine's cover, titled "Bert and Ernie's Moment Of Joy," the two Sesame Street characters are shown snuggling together on the couch as they watch the landmark Supreme Court rulings on television.
Mike Konczal: '13 Bankers,' Financialization and the Real Economy How has financialization changed the real economy? James and Simon do an excellent job tracing the history of the conflict between the financial sector and the government in their book "13 Bankers." They do this history in two dimensions: first as a history of the United States' complicated relationship with the financial sector and large, concentrated banks, and second as a cross-section of the world in the late 1990s and early 21st century. From Andrew Jackson to recent problems in South Korea, they tell a narrative that connects ways in which the financial sector, when too big and too connected, is capable of capturing their regulators.
TED-Ed website launches in beta, lets teachers customize video lessons TED-Ed Launches Groundbreaking Website with New Tools for Customized Learning TED-Ed Platform Allows Teachers to "Flip" Video Content and Create Tailored Lesson Plans NEW YORK--(BUSINESS WIRE)--TED, the nonprofit organization devoted to "Ideas Worth Spreading," today launches the second phase of its TED-Ed initiative: a groundbreaking website [ housed on TED.com that enables teachers to create unique lesson plans around TED-Ed video content. "Kohl's is committed to kids' education and we are thrilled to partner with TED to provide inspiring educational tools for teachers and students around the world"
Criminalized poor are swelling Britain's slave labor private prisons Click! Another notch on the ratchet turning the UK from civilization to fascism this week as Britain's Justice minister, Chris Grayling, announced ten year jail sentences for those who claim too much state benefit. The latest statistics from the Department for Work and Pensions (DWP) show that £1.3bn was fraudulently claimed in 2012/13. Tax Justice Network figures estimating tax fraud by the super-rich at £60bn, which is around 50 times greater, seem to have 'evaded' Grayling; as has the estimated five times greater figure of £10bn in unclaimed benefits. The sad fact is simply that tyrants are running the show and rather than pay their fair share they intend to squeeze the poor until the pips squeak.
Beyond Capitalism - Looking To The Future What's wrong with capitalism? You will (or should!) already know what capitalism is, so I won't waste your time explaining it. In this part of the post I'm referring to the current corporate-capitalist system that prevails throughout most of the world. To give you a heads up, my criticisms of capitalism are split into three key sections - inequality and poverty perpetuated by capitalism, the instability and un-sustainability of capitalism, and finally what I see as the immorality of capitalism. The Evolution of Propaganda Design The emergence of a new kind of aesthetic in Russian and Soviet art after the revolution of 1917 largely resulted from the state having experienced a revolution, the arts became revolutionary too and changed dramatically. In the United States, no such revolution occurred, which is quite evident in US World War I propaganda, which usually employs a visual language similar to earlier works. By the time of the Great Depression of the 1930s things really started to change, and American posters took on a new direction. I include some posters here that weren't state sponsored, and thus might not be propaganda in a strict sense, but I consider them all noteworthy and interesting, so I hope you can forgive me for this. While American propaganda of this period carried on older traditions in graphic design, and was not as groundbreaking as Soviet propaganda of the same period, it is nevertheless fascinating. World War I
Harold Meyerson - Building a Better Capitalism So what kind of capitalism shall we craft? Now that the market fundamentalism to which we've adhered for the past 30 years has -- by its own criterion of increasing shareholder value -- totally failed? Now that Alan Greenspan has proclaimed himself "shocked" that "the self-interest of lending institutions to protect shareholders' equity" proved to be an illusion?