Baltimore IMC : http://baltimore.indymedia.org
Baltimore IMC

In the Other Press

To alleviate the problem of articles from other press sources being reposted on this IMC site, this section allows users to link to articles published elsewhere, and to contribute and read comments on those pieces. Have something interesting to post?

 

Commentary :: Economy

Post-neoliberalism or post-capitalism?

"Market-liberalisation was accompanied by a far-reaching de-regulation of politics. Milton Friedman called it a “neo-liberal counterrevolution” against Keynesianism…" "Markets are disembedded from society and nature since the “great transformation” to a market economy in the 18th and 19th century. Financial markets are moreover disembedded from markets for real goods, services and labour: The monetary economy is “autonomised” and self-valorising, i.e., delinking from dynamics in the real economy. Financial markets are self-referential, they follow their own logics of development. The relations between social reproduction and the accumulation dynamics of the real economy on the one side and the working of financial markets on the other have widely been dissolved. This is a consequence of the all-embracing liberalisation of markets in general and particularly of finance since the end of the Bretton Woods regime in the 1970s. Neo-liberalism is the theoretical background of liberalised and self-referential financial markets. Karl Polanyi described disembedded markets in general as "satanic mills" , pushing labour into misery, nature into environmental destruction, and the monetary system into a malfunctioning state. Disembedded financial markets work even more than product- and labour-markets as satanic mills, because their horizon is not the “real” national economy but the world market, i.e. the economy on a global scale. In terms of time they are characterised by an endemic “myopia” . Financial actors only have a very short-term horizon. The higher the interest rate and the financial yield, the shorter the perspective of actors on financial markets. Therefore, the counter-movements against the destructive functioning of the satanic mill in order to protect labour (the emergence of the welfare state), nature (environmental regulations) and money (the monetary and financial authorities, i.e. central banks, national and international authorities of supervision etc.) must develop a global and long-term perspective."

Open article in new window...

View/Add Comments

News :: Activism : Baltimore MD : Civil & Human Rights : Crime & Police : Culture : Drugs : Economy : Education : Elections & Legislation : Gender and Sexuality : Labor : Local Resources : Media : Politics : Poverty : Protest Activity : Race and Ethnicity : U.S. Government : Urban Development

A Small Victory Against Driving While Black?

Race plays a role in every aspect of the criminal justice system but street encounters between police officers and minority citizens are particularly problematic. Interactions that lead to criminal charges are reviewable by a court later on, but the ability to accurately recreate the totality of what happened during a foot or traffic stop is almost impossible. The police have broad discretion to act on the street…. Please read more by going to the blog site: http://www.nlg-maryland.org/blog.html

Open article in new window...

View/Add Comments

Commentary :: Economy

The End of Neoliberalism: Alternatives to Finance-led Capitalism

"Unstable financial markets do not behave rationally; they cal also create losers on a scale which would today make the 1930s look like a bad day at the races..The goal of the WTO rules is to make a commodity and a profit out of every object.. This includes food, water and energy, education, health and culture as well as the handover of every public service to the private sector."

Open article in new window...

View/Add Comments

Commentary :: Children

VIDEO: The Narcissism Epidemic

Narcissism, overestimation of self or self as center of the universe, is different than healthy self-esteem. Narcissism brings distrust and aversion, not success. Spirituality, inclusion in a greater reality, and gratitude are antidotes. Saying "I love you" is an invitation to connection while repeating "I am special: or "I am a princess" foster separation. As prejudice can be gradually overcome, narcissism can be overcome individually and collectively.

Open article in new window...

View/Add Comments

Commentary :: Labor

What's Wrong with a 30-Hour Work Week?

"When US workers struck for the eight hour day in 1886, they were going beyond pay issues and demanding that labor have a role in controlling the process of production. Today, we need a progressive alliance to challenge not only how many hours we work, but the quality, durability and even the necessity of goods we produce. Drastically cutting the hours we work will help save the Earth’s ecology only if it is part of an overarching goal to improve the quality of our lives while reducing the grand mass of manufactured objects."

Open article in new window...

View/Add Comments

Commentary :: Activism

How "liberal" has become a poisoned brand

"Might John F. Kennedy serve as a model for how “liberals” could again speak from their moral heart? Back when the assault on “liberal” was beginning, Kennedy passionately defended his ethical vision.
Kennedy said:
“If by a 'liberal' they mean someone who looks ahead and not behind, someone who welcomes new ideas without rigid reactions, someone who cares about the welfare of the people — their health, their housing, their schools, their jobs, their civil rights, and their civil liberties — someone who believes we can break through the stalemate and suspicions that grip us in our policies abroad, if that is what they mean by a 'liberal,' then I'm proud to say I'm a 'liberal.’”

Open article in new window...

View/Add Comments

Commentary :: Environment

From Bubbles to Living Economies

The old story promised stability based on enterprise but delivered chaos based on speculation. It preached transparency but created a world ruled by occult financial knowledge.." This 24-page pdf article was presented at the first meeting of the WFC Commission on Future Finance, Cairo, March 28-29, 2009. "The pioneer of a `steady-state', ethical and ecological economics, Prof. Herman Daly, warned that economic globalization is the last attempt to escape natural limits by growing into the economic and ecological space of other countries. Having now reached global limits from which there is no escape, we need to recognize that natural laws will always overrule economic laws. You can negotiate with creditors but not with melting glaciers! Non-existent oil cannot be burnt at any price.." to read the article from the World Future Council, http://www.worldfuturecouncil.org, click

Open article in new window...

View/Add Comments

Commentary :: Economy

The Future of the American Dream

"Here is the grand vision I suggest Americans can pursue: the right of all citizens to larger lives. Not to get richer than the next guy or necessarily to accumulate more and more stuff but the right to live life more fully and engage more expansively the elemental possibilities of human existence…"

Open article in new window...

View/Add Comments

Views

Account Login

Calendar

No events for this day.

view calendar week
add an event

Donations

Help support us!

RSS Syndication

Media Centers

 

This site made manifest by dadaIMC software