Hakan
@hakanderin
Prius te ipsum, deinde cetera.
191 okur puanı
Kasım 2017 tarihinde katıldı
Şu anda okuduğu kitap
In the realm of political decision-making, a widely circulated U.S. study showed that the views of ordinary people make no difference to public policy: a lack of control on a mass scale. "When a majority of citizens disagree with economic elites or with organized interests, they generally lose," the authors concluded, adding that "even when fairly large majorities favor policy change, they generally do not get it."
The notion that capitalism is meant to provide equality and opportunity for all must be taken on faith, since history and material reality provide no evidence for it.
The political system seems to be failing as much as the economic system," Stiglitz writes in his 2012 book, The Price of Inequality. In the eyes of many, he continues, "capitalism is failing to produce what was promised, but is delivering on what was not promised -inequality, pollution, unemployment, and most important of all, the degradation of values to the point where everything is acceptable and no one is accountable.
In recent years, though, the actuality of elite dominance and the assault on the middle and lower classes has struck home across ideological lines. No less an authority than the multibillionaire investment tycoon Warren Buffett has seen the writing on the wall. "There's class warfare, all right," he told the New York Times in 2006, "but it's my class, the rich class, that's making war, and we're winning." The ice-cream magnate Ben Cohen, a wealthy man with a social conscience, put it even more frankly, telling the same paper in 2020: "What we have in America is a democracy that's run for the benefit of corporations. That's a disaster. We're looking at it, we're living it and it continues to get worse." In our globalized world, America's way of doing things is the template for many countries.
... the New York Times had reported on the deepening insecurity of American families: "The costs of housing, health care and education are consuming ever larger shares of household budgets and have risen faster than incomes. Today's middle-class families are working longer, managing new kinds of stress and shouldering greater financial risks than previous generations did."