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dennyc
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Between a Rock and a Squishy Place

- James Howard Kunstler -

Does anyone really expect America to be integrated into the "Global Economy" without turning out like the workers and small business owners in Sri Lanka, Indonesia, Greece, etc? Good guy Billy boy Clinton started us rolling to big time corporate dominance and his successors have been working very diligently and admirably to make things worse for the majority of us. It hasn't been capitalism for quite some time now; but I'm at a loss to find an appropriate term that fits this impoverishment of not only our traditional sources of wealth, but for our ideas and creative capital formation and investment on almost any level but large scale corporate. The little guy stands less and less of a chance to truly create, develop and market a worthy idea and business plan and if you should come up with one, watch out and be careful who you share it with. It's open season - on us.

Commented 3942 days ago

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Beginning of the headline :The rock is reality. The squishy place is the illusion that pervasive racketeering is an okay replacement for an economy. The essence of racketeering is the use of dishonest schemes to get money, often (but not always) employing coercion to make it work. Some rackets can function on the sheer cluelessness of the victim(s). Is it fair to suppose that money management is at the heart of the sort of advanced, complex economy that developed early in the 20th century? I think so. Money is the li... Read More

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