Capitalism Will Collapse Because Elites ‘Allow Poor to Rot,’ Tariq Ali Tells Chris Hedges (Video)

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  • Nice article today. May 29, 2016 Dr. Paul Craig Roberts 2016 : Vote BREXIT – End the EU, a CIA Covert Operation

    “Remain” or “Leave”? What does the UK’s EU Referendum—scheduled 23rd June—really amount to? Is it simply the opportunity for UK citizens to decide if Britain should stay in the European Union? Or is it something of greater significance, with broader and more serious implications? And just what is this thing called the EU anyway?

    https://youtu.be/9otn_5LVQq8

    • Just Watching

      It will be a sad loss the day Mr Roberts is gone.

    • Just Watching

      It will be a sad loss the day Mr Roberts is gone.

  • Just Watching

    When I told friends in 1986 that I was a New Deal Democrat they thought it a good place to be. I actually enjoyed the Reagan Admin being forced to enforce New Deal banking laws against the Savings and Loan fraudsters (20,000 went to prison)… Come the Clintons, media monopolies and made for TV emotionalism, sex and porno politics, were all it took to make sure the next group of banksters were the ones doing the screwing. In 2006, brainwashed millenials, fake progressives and fake leftists looked at me like I’m a bolshevik when I mentioned that lots of bankers and arms dealers needed to go to jail… Along with the Clintons, Bushes and their media liars.
    *
    In 2016, silence and mass social sexual bribery, neoliberal austerity and robbery, make it routine for the White House to run irregular contra death squads thourghout the middle east and africa that make Reagan’s Nicaraugua Contras look small and insignificant. “How dare you try to hold Obama to account” for crimes worse than the last eight presidents combined… He has only to drop a nuke or two to climb the lofty heights of infinite notoriety.

  • MrLiberty

    But we do not have CAPITALISM – we have CRONY CAPITALISM (the unholy collusion between the nearly infinite power of government and big business interests). Capitalism will never collapse. People save, invest in improving themselves or their businesses, and always strive to produce products to please their customers. Such an arrangement can NEVER fail. What will fail is this unholy alliance which most certainly has conspired not only against the poor, but against the middle class as well. The root of the problem is GOVERNMENT and government power. Without it, businesses, no matter how big, would have to please customers and promote voluntary exchange of monies for their products or services. With government power, they can simply force governments to steal on their behalf, destroy their competition through legislation, regulation, permit costs, licensure requirements, etc. or even the forced purchase of their products as we see in Obamacare. Sorry, CAPITALISM has been the ONLY economic mechanism that has EVER truly raised the poor from their poverty. Get rid of government and its power over the economy, the money supply, the free banking sector, etc. and big business will NEVER be able to maintain its hold over the citizens of any nation and the poor will once again have the ability to rise up from their condition.

    • diogenes

      You’re right that government — that is, corrupt legislation and enforcement — is the problem. The financial flim-flam that is Wall Street, the funny money of the Fed, the fake environmental and pharmaceutical and labor regulation and policing, the hoax of the creation out of nothing and lies of “corporate personhood” by corrupt lawyers and the entire structure of “crony capitalism” as you call it — all this is legally and enabled and operated by corrupt bad legisation. Your idea of “less government” is just replacing bad regulation and corrupt laws with no law at all except the jungle law of oligarchic plutocrats.

      This case is present in more detail, with copious references, in my essay, The Distribution of Wealth in America, posted elsewhere on this site. Come back and talk to us when you have absorbed it. Meanwhile stop boring us and cluttering discussion with this stale repetitive cant.

      What you call “capitalism” is a hoax and its propaganda that you parrot is another hoax. You need to read Thorstein Veblen at get your head clear of the delusions of predatory finance and its apologists.

      • MrLiberty

        There are places you can go to clear up your ignorance about capitalism and economics you know. I suspect you aren’t open to new ideas however. I’ve read your piece. You clearly missed the point somewhere.

    • Tim Chambers

      No, the corruption of government by the capitalist elites is the problem, not government itself. A government that represents the majority interest will never be captured by the elites so long as the majority knows its interest and cannot be persuaded to vote against its interest.

  • diogenes

    Thank you for posting this. How tall can the house of cards be built before it topples? How long will the peons and organization hirelings on whose docile or drugged or cowed shoulders it rests stand still for it? Time will tell, and the resistance and counteractions of the kings and aces will determine the extent of the ensuing collapse. That is what their rule is all about: destruction, short term and long. The big pigs roll the dice and all their slaves and overseers stand around and squeel “we we we” all the way home.

    • TrumpGodzillaRising

      It topples 23rd June (8 days time) when the UK votes to leave a collapsing liberal EU. This will accelerate collapse of the neoliberal world order.

  • JUNE 14, 2016 LET’S CREATE NEW VERSION OF HOUSE UN-AMERICAN ACTIVITIES COMMITTEE

    Former House Speaker Newt Gingrich proposed the creation of a new version of the controversial House Un-American Activities Committee to root out American citizens who plan to commit terrorist attacks in the U.S.. “We originally created the House Un-American Activities Committee to go after Nazis. We passed several laws in 1938 and 1939 to go after Nazis and we made it illegal to help the Nazis. We’re going to presently have to go take the similar steps here,” Gingrich said in a Monday appearance on “Fox and Friends.”

    http://talkingpointsmemo.com/livewire/newt-gingrich-proposes-creating-new-house-unamerican-activities-committee