Occupy The Bourgeoisie: ‘First they came for the factory worker, and I said nothing. . .’
I think that even the most Occupy-sympathetic will acknowledge the “threat of being reduced to proletarians” motivates many protestors, whether they’d term it thus or not. After all, the fundamental orientation of American capitalism – deindustrialization, the supremacy of finance, the extreme concentration of wealth among the tippy-top, the increasing indebtedness of everyone else – has been much the same for most of the past 30 years. For those of the 99% who could also be described as of the 5-10%, this wasn’t much of an issue. It’s understandable, if not exactly inspiring; first they came for the factory worker, and I said nothing. . .
http://tinyurl.com/6vzr3b2
Professor: ‘We are Closer to the Homeless on the Street’
Professor Edward Gomez came to Redlands’ Ed Hales Park on Saturday to speak about the rich, the poor, their history and the world they all inhabit.
It was an address that stopped many in their tracks, especially when he attacked the notion of the “middle class.” The term, he told a crowd of some 60 people, implies most possess at least half the wealth of some billionaires.
“Someone pulled the skin over my eyes and wants you and me to believe we are at least halfway to the billionaire’s world,” Gomez said with intense passion in his voice. “We are nowhere near them. And if you don’t understand this 99 percent — and I’m sure you do because I’m preaching to the choir — I know that … somebody in our level is nowhere near them. We are (financially) closer to the homeless on the street.”
http://tinyurl.com/7paf7x2
The robosigning deal is a useless embarrassment
Politically, the settlement reveals the corrupting influence of bank bailouts. Government is supposed to enforce laws equally and fairly. Instead, it is protecting its investments in rogue banks. They are committed to their original error and are loath to admit it. This is the reason that after a surgical accident, a new surgeon does the repair. He is objective and has nothing to hide. Conflicted governments, though, are focused on their reputation and reelection.
The robosigning agreement will serve as an exemplar to future generations of what not to do when confronted with failing banks.
http://tinyurl.com/7gkg2bq
On the graduate with no future
The political implication of [the] shift in subjectivity is that the field of higher education becomes characterised by isolated, competitive, self-interested individuals who think of themselves as mini-entrepreneurs competing in a marketplace. Whereas the public university was funded on the grounds that it was a collective investment that would benefit society as a whole, the neoliberal university attracts funds on an individual basis from students who want to invest in themselves and their own market potential.
One of the flaws in creating an education system that encourages students to think like mini-capitalists is that capital requires a profitable return on its investment or else people will lose confidence in the system and it will go into crisis. This is exactly what is happening in the current environment of recession and austerity, as a whole generation of young people who personally invested in their education on the assumption that they would be rewarded with added earning power are graduating only to be greeted with indifference from potential employers.
http://tinyurl.com/7korhrz
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