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Showing posts with the label oligarchy

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“The United States, as pundits hourly remind us, is now cleaved into two almost equal-sized political universes. But power abhors stalemates and clearly in the present world the evolution is towards differential experiments in post-fascist oligarchy and pseudo-democracy. A weak and court-enchained Biden-Harris White House, built on the betrayal of progressives and subservient to a donor class of Silicon Valley and Wall Street billionaires, will face a new depression without the wind of popular enthusiasm at its back. Where does this point except to total destruction in the 2022 midterm and the further triumph of the new darkness?” — Ecologist and geographer Mike Davis
A good take on Putin's Russia with no mention of Syria.  A bit soft on the American-led political-economy of "inevitability".  "Americans and Europeans have been guided through our new century by what I will call  the politics of inevitability  – a sense that the future is just more of the present, that the laws of progress are known, that there are no alternatives, and therefore nothing really to be done. In the American, capitalist version of this story, nature brought the market, which brought democracy, which brought happiness. In the European version, history brought the nation, which learned from war that peace was good, and hence chose integration and prosperity." "Vladimir Putin's politics of eternity"

Jimmy Carter: ‘The US is an Oligarchy’

Carter told Brzezinski and secretary of state  Cyrus Vance  as early as January 1979 that it was vital to "repair our relationships with Pakistan" in light of the unrest in Iran.  One initiative Carter authorized to achieve this goal was a collaboration between the CIA and Pakistan's  Inter-Services Intelligence  (ISI); through the ISI, the CIA began providing some $500,000 worth of non-lethal assistance to the mujahideen on July 3, 1979—several months prior to the Soviet invasion. The modest scope of this early collaboration was likely influenced by the understanding, later recounted by CIA official  Robert Gates , "that a substantial U.S. covert aid program" might have "raise[d] the stakes" thereby causing "the Soviets to intervene more directly and vigorously than otherwise intended. That same Carter now considers the U.S. an oligarchy
Louis Proyect: "All me cynical but my take on the middle-class protests in Venezuela is that it is less interested in democracy than it is in ratcheting the Gini coefficient back towards one. I remain a committed Marxist but when it comes to Maduro versus Leopoldo Lopez, the opposition leader who was a key figure in the 2002 coup attempt, I’ll stick with Maduro—warts and all. Or I should say Boligarchs and all."  Yes, but also have to be very critical of Maduro.
"[W]ith  Macron the void is not in contradiction with fullness of content, even if at the present moment when he does have to show something to the outside world, the void is greatly preferable. For the substance is the oligarchy’s: this is the fullness of a class’s project to persevere, in the very moment that everything condemns it, testimony to an era that has perceptibly reached its tipping point. In these conditions, for the oligarchic substance to maintain itself in the face of — and against — everything else, it needed an empty candidate, a candidate who said nothing, for what truly had to be said would be too obscene to present openly: the rich want to remain rich, and the powerful to remain powerful. That is this class’s only project, and that is its candidate Macron’s  raison d’être . In this sense, he is the spasm of a system pushing back its own death. He is its final response, the only way of disguising a continuity that has become intolerable to the rest of society,
1. Greece's model of capitalism under oligarchic PASOK. 2. Financial terrorism by the Troika 3. As Yannis Retsis says: "It is a crime." 4. "Tsipras is a traitor", many who voted aganist the bailout and more austerity say . The Greek tragedy ... Update: Forbes.com says that the IMF predicts that unepmloyment in Greece will to 12% by 2040! These are good news for those Greeks who could wait and find a job at the age of 60+.
" A new study from Princeton spells bad news for American democracy—namely, that it no longer exists. Asking "[w]ho really rules?" researchers Martin Gilens and Benjamin I. Page argues that over the past few decades America's political system has slowly transformed from a democracy into an oligarchy, where wealthy elites wield most power. Using data drawn from over 1,800 different policy initiatives from 1981 to 2002, the two conclude that rich, well-connected individuals on the political scene now steer the direction of the country, regardless of or even against the will of the majority of voters."
"Putting a stop to the far Right’s advances and the furious referendums would demand a break with the social-demolition policies that feed… the far Right’s advances and the furious referendums. Yet these are neoliberalism’s very policies!" An Oligarchy Aggrieved