Molly Ivins
America continues to weaken, but why worry
...For those who prefer to get their economic news from a more respectable source than a cartoon, I recommend Bill Greider's op-ed article in the July 18 New York Times, "America's Truth Deficit." He begins with the startling thesis that we face structural economic problems as serious as those that destroyed the late Soviet Union and that, like the USSR before its breakup, our leaders cannot talk about these problems honestly. "
weakening position in the global trading system is obvious and ominous, yet leaders in politics, business, finance and the news media are not willing to discuss candidly what is happening and why. Instead they recycle the usual bromides about the benefits of free trade and assurances that everything will work out for the best."
It is a curious thing that as the disadvantages and, indeed, perils of globalization become clearer and the subject of ever-more worried books by respected economists, the mainstream media keep treating the whole problem as though it were about a bunch of protesters in turtle costumes at the G8 summit. If it were not for Lou Dobbs on CNN, one would never even hear it mentioned on television.
Forget what the Supreme Court thinks about teaching creationism in the schools: Think about what it will contribute to the spiraling disasters of globalization by dismantling the entire economic regulatory system built up over the past 100 years. As Greider notes, "Washington defines 'national interest' primarily in terms of advancing the global reach of our multinational enterprises." Problem is, our multinational corporations increasingly work against the interests of Americans themselves. In addition to outsourcing jobs, the companies locate sham headquarters in off-shore tax havens to avoid paying taxes. The only restraints we have ever had on multinational corporations are government regulation and the right to sue the bastards for the various kinds of harm they cause. It is precisely those two forms of control that are being not just undermined but tossed out entirely by an increasingly activist right-wing judiciary...
(It's always hard to pick out a few paragraphs)
Sorry. I was too busy reading.
http://www.workingforchange.com/article.cfm?itemid=19382
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