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 Lappé, excerpt from Time for Progressives to Grow Up

Friday, October 17, 2014

Richest one percent controls nearly half of global wealth

Click here to access article by Andre Damon from World Socialist Web Site.
In the aftermath of the 2008 crash, state treasuries all around the world were looted to bail out the financial system, while central banks printed money to prop up the values of financial assets held primarily by the rich. Meanwhile, social services were slashed to pay for these bailouts, even as companies used mass unemployment to drive down their employees’ wages. The result has been an unprecedented increase in social inequality.
This process was spearheaded by the Obama administration [directors of the US capitalist class and sold to us by the entire ruling class media including their faithful employee and Chief of Public Relations, Barack Obama]....