We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lapp√©, excerpt from Time for Progressives to Grow Up

Thursday, November 28, 2013

Timothy Geithner joins the Warburg Pincus Fund

Click here to access report from VoltaireNet

A portrait of a director of the ruling class


I occasionally make reference to "directors" of the ruling capitalist class. Mostly, they keep well out of the news and hidden from public view. However, a few do make it into the media spotlight and Timothy Geithner is an excellent example of such a director who circulates between strategic offices in the government such as Treasury Secretary and key banking institutions.