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FT.com / Columnists / Lunch with the FT - Lunch with the FT: Slavoj Žižek
Interesting and off the wall (in different directions) interview.
- Zizek is quite the interesting intellectual. A little too weird for me, but, he is quite useful in certain areas; especially in pop-culture and such. - jackstephens on 2009-03-07
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the financial crisis has killed off the liberal utopianism that flourished after the collapse of the Soviet Union in 1991 and all the grand talk about the “end of history”. The terrorist attacks of September 2001 and the financial meltdown have exploded the myth that the market economy and liberal democracy have all the answers to all the questions.
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But even if capitalism is temporarily repaired, Žižek says, this will do nothing to resolve its inherent contradictions.
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Companies bailed out by America's government have lost half their value in 2009 | Bailing the ailing | The Economist
Firms have not done well with the bailouts
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AMERICA'S government has bailed out over 20 ailing companies since the demise of Lehman Brothers in September. And once, it seems, is often not enough.
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AMERICA'S government has bailed out over 20 ailing companies since the demise of Lehman Brothers in September. And once, it seems, is often not enough.
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Grasping Reality with Both Hands: Stimulus Ostriches
"Of all the strange things that have happened this winter, perhaps the strangest has been the emergence of large-scale Republican Party opposition to the Obama administration's effort to keep American unemployment from jumping to 10% or higher."
The End of Poverty? « Louis Proyect: The Unrepentant Marxist
"The discovery of gold and silver in America, the extirpation, enslavement and entombment in mines of the aboriginal population, the beginning of the conquest and looting of the East Indies, the turning of Africa into a warren for the commercial hunting o
BBC NEWS | Asia-Pacific | Downturn hits Philippine remittances
"In the Philippines, about eight million people - one in 10 adults - work abroad.
Millions of families depend on the money they send back.
But now a crisis is looming - as the economic downturn means thousands are losing their jobs overseas and being se
Communist Party of Ireland - Irish economy begins to implode
"The economic and financial crisis facing our country is growing and deepening daily and exposing as never before the myths of capitalism. The Government and the political establishment are overseeing the rip-off of €7,000,000,000 from the National Pensio
Total Capitalism by Colin Leys
"Like total war, total capitalism demands the subordination of everything to a single goal - national competitiveness, as defined by trans-national corporate elites. The result is a dramatic erosion of democracy, social cohesion and honesty in public life
Reading Marx’s Capital with David Harvey » Blog Archive » Why the U.S. Stimulus Package is Bound To Fail
"The events of 2008 have therefore to be situated in the context of a deeper pattern. Since these stresses are internal to the capitalist dynamic (which does not preclude some seemingly external disruptive event like a catastrophic pandemic also occurring
PeonInChief: Lenin Was Wrong
" Lenin was wrong. The capitalist will hang himself with the rope he paid way too much money for."
Far Eastern Economic Review | Why America Can't Save Asia
"The U.S. Congress has finally passed a much anticipated stimulus bill for $787 billion. While desperately needed, it is unlikely to lift America or Asia out of the rapidly deteriorating economic crisis anytime soon. Government efforts at this stage are s
Grasping Reality with Both Hands: Defenders of the "Treasury View", Part CXIV: David Harvey Speaks! And Claims to Know More About Keynesian Economics than Joan Robinson
"Harvey doesn't want to study John Hicks. Fine. He would rather go study Joan Robinson. Fine. Let him go study Joan Robinson. Let him go study Joan Robinson by all means, for Robinson had no doubt that the "Treasury View" that Harvey espouses was an erron
China's trade collapses | Not made in China | The Economist
"IMPORTS to China plunged in January, signalling that demand is shrinking alarmingly: they fell by 43.1% compared with a year earlier, worse than forecast and double the decline in December. But China's trade surplus, at $39.1 billion, is one of the bigge
Greed Is Good - WSJ.com
"The anger at Wall Street only grew at the news that Merrill Lynch, after reporting $15 billion of losses, had rushed to pay $4 billion in bonuses on the eve of its merger with Bank of America. Because Merrill Lynch and Bank of America were receiving subs
Geithner Sets Out Sweeping Overhaul to Bank Bailout - NYTimes.com
"The White House plan to rescue the nation’s financial system, announced on Tuesday by Timothy F. Geithner, the Treasury secretary, is far bigger than anyone predicted and envisions a far greater government role in markets and banks than at any time since
Bayan -- Groups to hold counterpoint to government 'job summit' on Monday
"The umbrella group Bagong Alyansang Makabayan together with Ibon Foundation and RESIST! will convene a 2-day forum entitled “Global Financial and Economic Crisis: Exposing Capitalism, Looking for Alternatives” on Monday. The gathering will be a sharp cou
FT.com / Asia-Pacific - Asia’s migrant workers face uncertainty
"Across Asia there are already plenty of signs that the global economic slowdown is having an impact on workers. Beijing this week said 20m migrant workers who had gone elsewhere within China in search of work had lost their jobs because of the crisis.
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Japan’s Big-Works Stimulus Is Lesson - NYTimes.com
"Over two decades, Japan accumulated the largest public debt in the developed world while failing to generate a convincing recovery."
FT.com / Asia-Pacific - IMF almost halves Asia’s growth prospects
"The International Monetary Fund warns that the export-dependent continent will not be able to pull through on its own as it announces sharp downgrades of its global growth forecasts"
Unemployment in China | A great migration into the unknown | The Economist
"China’s leaders are struggling to cope with the biggest upsurge of unemployment the country has faced in years. Migrants from the countryside, the main source of labour for export-oriented industries and construction sites, have been the hardest hit so f
LENIN'S TOMB: France's General Strike
"Greek workers are up in arms, the Italian working class is revolting against the Berlusconi administration, protesters in Iceland have deposed their government, and now Sarkozy is the latest to feel the wrath."
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