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

Thursday, January 16, 2020

Posts that I especially recommend today: Thursday, January 16, 2020

  • JPMorgan’s Historic Earnings Confirm that Fed Loans Are Subsidizing Profits on Wall Street by Pam Martens and Russ Martens from Wall Street on Parade. (Note: With the economy overwhelming controlled by major corporations, most especially financial institutions, I don't see why people are surprised by the latter serving their own interests. The Fed, which is privately owned by major banks which, in turn, are owned by major capitalists, is in control of our currency and the issuing of loans to themselves. The fact that the law regarding the Fed states that the institution should serve the needs of the nation is another illustration of how laws are made to camouflage the dominance of major capitalists.)
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