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The age of rentier capitalism (we’re more exploited than ever!)

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     from the article: “….once economic liberalization [Neo-Liberalism] took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.”

   

Similarly, Neo-Libs and Neo-Cons have dominated politically, leaving little room for any who support social-democracy or justice. Power has consolidated against people.

 

How intellectual property makes us more unequal

Al Jazeera September 7, 2014 

 

It is well known that globalization has put strong downward pressure on wages and benefits of workers in wealthy countries, as companies have offshored and outsourced labor to lower-wage locations and justified wage cuts to try to stay competitive. But politicians and economists have yet to come to terms with the fact that in the rich world the income distribution system itself has broken down irretrievably.

The 20th century was the only century in which most income was divided between capital (profits) and labor (wages), with the struggle for shares mediated by the state through regulations, fiscal policy and a system of social protection. But once economic liberalization took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.

Meanwhile, rental income, linked to the control of natural resources, property, financial assets and intellectual property, has become a dominant force in the global economy.

This is the age of rentier capitalism; rich countries are becoming rentier economies. A rising share of global income is going to rent, rather than to wages or profits from productive activities. This perpetuates inequalities: It disproportionately favors the wealthy, and accentuates inequality over generations.  read more here

 

Am I Next? America’s Militarized Police Forces

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Demonstrators Aaron Little (R), Gianni Cook (C) and Troy Jones hold signs while protesting against the death of black teenager Michael Brown, outside St Louis County Circuit Clerk building in Clayton, Missouri August 12, 2014. Police said Brown, 18, was shot in a struggle with a gun in a police car but have not said why Brown was in the car. At least one shot was fired during the struggle and then the officer fired more shots before leaving the car, police said. But a witness to the shooting interviewed on local media has said that Brown had been putting his hands up to surrender when he was killed. The FBI has opened a civil rights investigation into the racially charged case and St. Louis County also is investigating.  REUTERS/Mario Anzuoni

Daily Kos         Demonstrators Aaron Little (R), Gianni Cook (C) and Troy Jones hold signs while protesting against the death of black teenager Michael Brown, outside St Louis County Circuit Clerk building in Clayton, Missouri August 12, 2014.

If the murder in Ferguson, Missouri was an isolated case, it would be tragic enough. But how many Fergusons dot this country of ours? Likely innumerable, and that is an unbearable thought.

One Nation Under SWAT

War Comes Home: The Excessive Militarization of American Policing
11 Eye-Opening Facts About America’s Militarized Police Forces
Police Militarization In Ferguson – Business Insider

Update:  8/17/14

Police Threaten To Shoot, Mace Reporters In Ferguson

Update x2:

Pentagon’s 1033 Program is Preparing for War Against the Civil Population
By Martin Armstrong
This was the design of the military to prepare for civil unrest because the government WILL default on social welfare and social security not to mention confiscating pensions.
 

The United States Of Cruelty

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By Charles P. Pierce,  June 24, 2014    Esquire

……We cheer for cruelty and say that we are asking for personal responsibility among those people who are not us, because the people who are not us do not deserve the same benefits of the political commonwealth that we have. In our politics, we have become masters of camouflage. We practice fiscal cruelty and call it an economy. We practice legal cruelty and call it justice. We practice environmental cruelty and call it opportunity. We practice vicarious cruelty and call it entertainment. We practice rhetorical cruelty and call it debate. We set the best instincts of ourselves in conflict with each other until they tear each other to ribbons, and until they are no longer our best instincts but something dark and bitter and corroborate with itself. And then it fights all the institutions that our best instincts once supported, all the elements of the political commonwealth that we once thought permanent, all the arguments that we once thought settled — until there is a terrible kind of moral self-destruction that touches those institutions and leaves them soft and fragile and, eventually, evanescent. We do all these things, cruelty running through them like hot blood, and we call it our politics…..

read full article here

Let Your Life Be a Friction to Stop the Machine! – a must watch video

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This Is A Must Watch Video

A brief and crucial history of the United States

“Liberty cannot be preserved without a general knowledge among the people” – John Adams – Second President – 1797 – 1801

Now is the first day of a new beginning.

Each one – Reach One- Each One – Teach One

Posted February 23, 2012 – Class War FilmsTranscript

Let Your Life Be a Friction to Stop the Machine

Nightmare and insanity are akin: mysterious and involuntary states that skew and distort objective reality. One wakens from nightmare; from insanity there is no awakening.

Whether Americans live in the one state or the other is the paramount question of this era.

For two hundred years Americans have been indoctrinated with a mythology created, imposed and sustained by a manipulating cabal: the financial elite that built its absolute control on the muscle and blood, good will, ignorance and credulity, of its citizenry.

America began with the invasion of a populated continent and the genocide of its native people. Once solidly established, it grafted enslavement of another race onto that base.

With those two pillars of state firmly in place it declared itself an independent nation in a document that nobly proclaimed the equality of all mankind.

In that act of monumental hypocrisy America’s myth had its beginning.

continue reading here

“There is a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can’t take part; you can’t even passively take part, and you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it, that unless you’re free, the machine will be prevented from working at all!”  -  Mario Savio – Sproul Hall, University of California, Berkeley on December 2, 1964.

 

Water Liberty: How Innovation Trumps Privatization

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By Rady Ananda
COTO Report     May 2, 2014

The World Bank joins Nestlé in wanting to privatize water, deeming it “extremist” to suggest that those born on this planet have a natural right to clean, potable water. Meanwhile, RT’s Abby Martin reports that the watchdog group Corporate Accountability International recently released a new analysis showing that:

“Investing in private water does not extend access and is also counterproductive for economic development. By contrast, infrastructure investment, abandoned by the corporate sector, is where real benefit can be achieved: the World Health Organization estimates more than $10 of economic benefit from every $1 invested in water infrastructure systems.”

continue reading this article

TPP Investment Map: New Privileges for 30,000 Companies?

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  Public Citizen

The Trans-Pacific Partnership (TPP) threatens so much of what we hold dear – this secret agreement will censor our Internet, send jobs overseas, undermine environmental regulations, and remove our most basic democratic rights.

Under previous presidential administrations, the United States signed a number of free trade agreements (FTAs) that grant foreign corporations extraordinary rights and protections beyond the rights of domestic companies. A little-known FTA mechanism called “investor-state” enforcement allows foreign firms to skirt domestic court systems and directly sue governments for cash damages (our tax dollars) over alleged violations of their new rights before UN and World Bank tribunals staffed by private sector attorneys who rotate between serving as “judges” and bringing cases for corporations. Using this extreme system, corporations have sued the U.S. government in foreign trade tribunals for enacting laws or regulations that “interfered” with the corporations’ expected profits.  This “interference” has included essential environmental regulations, health laws, and domestic court decisions. These cases are not just threats to domestic U.S. policies. U.S. corporations have also used FTAs to attack public interest laws abroad.

If a corporation wins its private enforcement case, the taxpayers of the “losing” country must foot the bill. Over $380 million in compensation has already been paid out to corporations in a series of investor-state cases under U.S. FTAs. Of the nearly $14 billion in the 18 pending claims under U.S. FTAs, all relate to environmental, energy, public health, land use and transportation policies – not traditional trade issues.

The Obama administration is currently negotiating a sweeping new FTA called the Trans-Pacific Partnership (TPP) with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam — the first FTA negotiated by the Obama administration.  Despite Obama’s many campaign promises to scale down investor-state enforcement in trade agreements, the leaked investment chapter of the TPP reveals that the Obama administration intends to expand even further the extreme investor-state model of past FTAs. If passed, the TPP would grant thousands of corporations these extraordinary rights to sue governments over public interest policies for taxpayer compensation.

Below are the maps of the locations of multinational corporations that would get these new rights if Congress would pass the TPP.  More than 6,000 corporations with nearly 30,000 corporate affiliates would be able to use these rights, including over 300 financial services companies that could challenge essential financial sector regulations through investor-state provisions. These corporations could challenge the local zoning and environmental laws of your community, so zoom in using the “+” button to see which corporations are in your city.  Click on the dots to see the names of the corporations and their industry. The color of the marker indicates the country of the parent company. The red lines on the map are the borders of the districts of the U.S. House of Representatives. Click here for a full list of companies based in TPP countries that operate in the United States, sorted by congressional district.

[read the rest (and see the interactive graphic) here]

Wealth Inequality in America: perception and reality

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Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.

References:
http://www.motherjones.com/politics/2…
http://danariely.com/2010/09/30/wealt…
http://thinkprogress.org/economy/2011…
http://money.cnn.com/2012/04/19/news/…

Written by laudyms

April 28, 2014 at 1:37 pm

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