The Abe and Joe Talk Radio Show on 11/16/10

Air date: 
Tue, 11/16/2010 - 8:00am - 9:00am
Short Description: 
With corporate money at the wheel, whither then for the progressive?

As the populist wave that swept President Obama into office gives way to Business as Usual, Americans are waking up to the realities of life in a plutocracy. Both Frank Rich in the New York Times and Chris Hedges on Alternet reflect on this point in grand fashion. Rich, in a column titled "Who Will Stand Up to the Superrich?" writes that the issue is "issue is whether the country can afford the systemic damage being done by the ever-growing income inequality between the wealthiest Americans and everyone else, whether poor, middle class or even rich."

Hedges describes the current outbreak of economic dislocation and political alienation as "a recipe for fascism." Is there a way forward for thinking citizens? Abe and Joe discuss the alternatives.

 

 

Comments

Today's (16 Nov) show

More Chris Hedges - check out his scathing critique of our culture at wearemany.org

I understand your admiration of the progress made under the capitalist system.  And Karl Marx also understood and admired the dynamics and potential of the capitalist system.   But the system is doomed by its own success.  See any of the lecture, books, and videos from David Harvey and Richard Wolff.

The age of regulated captial was successful , but it was achieved by regulation; laws and policies implemented and then destroyed by Congress and the Executive branch.   And if somehow the economic system is re-regulated the political system will always be able to eat away at and eliminate the controls on greed and speculation.   Its the system.  We do not have an economic consititution, or a economic bill of rights built into the current Constitution.  What in our political system keeps us from establishing an economic system that at least insulates from the economic cyles, bubbles and busts.  Why is the economic system considered to be outside purview of our political system.  "Hands off our free market".  

 

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