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    Entries in supercapitalism (2)

    Friday
    Feb132009

    Overwhelming democracy while battling for competitive edge

    Updated on Friday, February 13, 2009 at 21:35 by Registered Commentermavenandmeddler

    “The flow of corporate money into Washington has accelerated over the last several decades because of supply and demand. … It has been like an arms race.” Robert B. Reich, from “Supercapitalism: The Transformation of Business, Democracy, and Everyday Life

    Many years ago, I was visiting the Mexican city of Oaxaca, and while on a tour out to the pyramids there, encountered the usual gauntlet of poor children. It was like being mobbed, and all I could see was blur of faces and grasping hands, all looking for a Peso, or better yet a Dollar. What would the harm be in giving these dozen or so kids a few bucks? This is the very definition of ‘slippery slope’, because the obvious question is “where will it end?” If I had given out the money, a dozen more would have appeared instantly.

    This sort of mob driven giveaway is unsustainable. And so it is with corporate lobbyists.

    Click to read more ...

    Sunday
    Jan252009

    Should be on your nightstand: "Supercapitalism - The Transformation of Business, Deocracy, and Everyday Life" by Robert B. Reich

    “Reich documents in lurid detail the explosive growth of corporate lobbying expenditures and campaign contributions since the 1970s … Supercapitalism is a grand debunking of the conventional wisdom in the style of John Kenneth Galbraith.” - The New York Times

    Click to read more ...