The recently declared bankruptcy of Detroit City could serve as an epitome of the rise and fall of not just American capitalism, but the capitalist system generally as an historical mode of production. It is a mode of production that is no longer viable as a way of efficiently organizing and sustaining society in the 21st Century. In fact, the system has become the nemesis of American and other societies across the world.
Yesterday President Obama chose Knox College in Galesburg, Illinois (originally founded by anti-slavery activists in the 1830s) to float the economic program he has been working out with Wall Street investment bankers. His aim is to wrap this program in a democratic rhetoric. The speech’s actual content boils down to: “I’m doing fine and housing prices are recovering. The way to heal the economy faster is to make a Public-Private Partnership (with Wall Street) to finance new infrastructure investment. The government will guarantee a return – and if there’s any loss, we (you taxpayers) will bear it.” His political genius was not to sugar-coat the shady parts of his proposals.
“One man’s collateral damage is another man’s son.” (Political cartoonist, Jeff Danziger, August 2nd 2006)
The words of Nasser al-Aulaqi, have a measured, dignified determination, shadowed by bewilderment and the betrayal by a country for which he had had respect, happy memories and which had provided aspects of the basis for his considerable achievements.
Nasser al-Aulaqi is the father of Anwar al-Aulaqi and the grandfather of sixteen year old Abdulrahman al-Aulaqi, both killed in American drone strikes in the Yemen, within two weeks of each other, in September and October 2011, respectively. Both were American citizens.