From Empire to Democracy By Howard Zinn

Dandelion Salad

By Howard Zinn
ICH
10/03/08 “The Guardian

Let’s not waste $700bn on a bail-out, 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 $700bn 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.

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via From Empire to Democracy    : Information Clearing House – ICH.

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