QOTD

QOTD

by digby

Atrios:

Well the consensus seems to be we need to just install bankers as the leaders of all the countries, and the only way any of us can survive is if all the richest countries of the world are turned into 3rd world hellholes after the middle class gives all of their money to rich people.


That's about it.

This phenomenon is also known as disaster capitalism:

After each new disaster, it’s tempting to imagine that the loss of life and productivity will finally serve as a wake-up call, provoking the political class to launch some kind of “new New Deal.” In fact, the opposite is taking place: disasters have become the preferred moments for advancing a vision of a ruthlessly divided world, one in which the very idea of a public sphere has no place at all. Call it disaster capitalism. Every time a new crisis hits—even when the crisis itself is the direct by-product of free-market ideology—the fear and disorientation that follow are harnessed for radical social and economic re-engineering. Each new shock is midwife to a new course of economic shock therapy


Update: QOTD Part Deux: from Greg Sargent:

The ultra wealthy will spend a whole lot of undisclosed money on a whole lot of ads filled with a whole lot of lies designed to dupe a whole lot of struggling Americans into believing that their number one problem in life is a rag-tag band of nose-ringed hippies who somehow managed to compel our media to tentatively begin a discussion about this, and the very modest actions we should take to begin to change it.

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