Posts tagged corporatocracy
Posts tagged corporatocracy
In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.
The Wageless, Profitable Recovery - NYTimes.com
via ultralaser
(via ultralaser)
Yes, literally that title is what actually happened…
(Source: theyoungturks, via mgolladwyne)
Photo of the Day: The Empire State Building’s pre-scheduled rainbow light display honoring NYC Pride Week becomes that much more meaningful in light of the state’s legalization of same-sex marriage.
A huge publicity display prepared in advance of the vote but we still have nearly 10% unemployment in this country. I’m not sure this is any kind of step forward for anyone. This seems more like a distraction to keep people from hammering politicians with real issues.
(Source: thedailywhat, via melovecoffee)

My objection to any debate NOT concerning wresting control of our nation from our corporate overlords.
Right here.
No, I’m sorry, scarcity has always existed. As long as someone wants a good, it is scarce. Are you trying to tell me that if capitalism didn’t exist, then we’d be bombarded with free goods, and we’d have more of everything than we could ever possibly want? That there would be an infinite number of Cadillacs? That no matter what happened, absolutely everyone would have their own laptop? Fifty laptops? A million Cadillacs and a billion laptops?
It makes no sense.
Capitalism creates artificial scarcity. When someone tries to establish a monopoly in order to raise prices the first thing they have to do is make sure that you can’t get a good or service from some other source. For example, if I send you a bill for $50,000 for your oxygen supply for 2011, you are likely to tell me to jump in a lake, however if I remove all other available oxygen from your immediate vicinity (hypothetically, of course, I’m not saying it’s actually going to happen)…you will do absolutely anything to get $50,000 and you will give it to me in order to keep breathing.
Something very similar actually happened to the Argentinian water supply. Deregulation made a days worth of water cost a week’s wages and the people rightfully rioted. The problem with capitalism then is that no one wants to address the point where it is no longer competitive but becomes extortion. If they do try to address it they get called socialists by the far right.
“They’re gonna let us die.” - B.P. oil spill survivor victim.
(Source: firejustwaitingforfuel, via rebekahpark)
Why you should never vote for another Republican as long as you live.
Follow the money, if you can
The Republicans are filibustering a bill that would require political ads to disclose who funded them. Democrats need only a single vote to break the filibuster, but not a single Republican will support the bill. This bill is a small thing that would reverse some of the Supreme Court decision (“Citizen’s United“) that opened up the floodgates for corporations to spend unlimited amounts of money on political ads, with no accountability.
I don’t think there could be a clearer signal of who owns the Republican Party, and whose interests they represent.
The Denver Post reports that on a key vote that would have cracked down on predatory lending interest rates, Colorado Senators Michael Bennet and Mark Udall first voted against the measure, and then switched their vote to “yes” when they knew the bill wouldn’t pass. The post quotes a spokesman for Bennet’s primary challenger, Andrew Romanoff, “saying it appears Bennet changed his vote after it was clear the (interest rate) cap proposal would die, so he could tell constituents he voted “yes” for consumer protection” - even though when it counted he voted “no.” - David Sirota
click the above link for more and cspan video
by the way, both shysters are Dems
Via brooklynmutt
Do I know you well enough to call you fellow plunderers? There is not an industrial company on earth, not an institution of any kind, not mine, not yours, not anyone’s that is sustainable. I stand convicted by me, myself alone, not by anyone else, as a plunderer of the earth, but not by our civilisation’s definition. By our civilisation’s definition, I’m a captain of industry. In the eyes of many a kind of modern day hero. But really, really, the first industrial revolution is flawed, it is not working. It is unsustainable. It is the mistake and we must move on to another and better industrial revolution and get it right this time.