Howard Zinn | From Empire to Democracy

[kpete]

Howard Zinn | From Empire to Democracy

Thursday 02 October 2008

»

by: Howard Zinn, The Guardian UK

photo
Miko Sloper, 56, protests in front of the US Capitol. (Photo: Nikki Kahn / The Washington Post)

Let's not waste $700 billion on a bailout, but use "big government" for what it's best at - shaping a society that is fair and peaceable.

This current financial crisis is a major way-station on the way to the collapse of the American empire. The first important sign was 9/11, with the most heavily-armed nation in the world shown to be vulnerable to a handful of hijackers.

And now, another sign: both major parties rushing to get an agreement to spend $700 billion of taxpayers' money to pour down the drain of huge financial institutions which are notable for two characteristics: incompetence and greed.

There is a much better solution to the current financial crisis. But it requires discarding what has been conventional "wisdom" for too long: that government intervention in the economy ("big government") must be avoided like the plague, because the "free market" will guide the economy towards growth and justice.

................

more at:
http://www.truthout.org/article/howard-zinn-from-empire-democracy

[Wapsie B]

1. He needs to write a textbook that's in the hands of every high school student

in this country. I should say that would be allowed to be in every school.

[Solly Mack]

2. K&R