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View Diary: Taibbi: My Advice to WS Protestors w/update on picture (157 comments)

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  •  "Rebuilding the middle class"?? (8+ / 0-)

    Well, that would put the lie to the notion that the "middle class" got there all by itself, through "hard work and savings," and that the poor are poor because they're lazy.  Remember, this was the mythology that accompanied the rise of capitalism in the 1950s and 1960s, with its dissing of the beatniks and the hippies.

    Are we to say that, this time around, middle class get privileges over the poor because we "rebuilt the middle class"?  We can't have a real capitalist economy, because the real capitalist economy is deep into its decline phase.  So we're going to have a simulacrum of a capitalist economy, with a "rebuilt middle class"?

    Come on, dallasdoc.  Criticizing petty reforms, you suggest another irrational capitalist system to replace the one we have now.  It's not "realistic," and it's not even enough.  Let's start with the notion of SUSTAINABILITY.  We can't sustain the banks, because they're bankrupt, having gambled away 400% of global GDP on now-worthless securities.  The red ink that would otherwise appear on their balance sheets is hidden through accounting fraud, propped up through government bailouts.  When they die, and they will die, we'll need a new economy.  Let's call for a global debate on what that would look like.

    "The solution is not 'Main Street, not Wall Street,' but to change the system where Main Street cannot function without Wall Street." -Slavoj Zizek

    by Cassiodorus on Thu Oct 13, 2011 at 10:19:03 AM PDT

    [ Parent ]

    •  Oh my Cass, (2+ / 0-)
      Recommended by:
      ocular sinister, Cassiodorus

      My retirement is doomed.    This misery is going to continue through 2020.    OWS should bring back the misery index.

      Yes we can, but he won't.

      by dkmich on Thu Oct 13, 2011 at 01:21:45 PM PDT

      [ Parent ]

    •  Good call man - exactly what I was thinking (2+ / 0-)
      Recommended by:
      zett, Cassiodorus

      when I read that comment above: the scale is too small.

      Let's call for a global debate on what that would look like.
      *emphasis added

      The solution cannot be about propping up the U.S. middle class ONLY, but must instead work on equalizing income globally. That would foster actual global harmony and make the U.S. safer.

      Irrevocable commitment to any religion is not only intellectual suicide; it is positive unfaith because it closes the mind to any new vision of the world. - Alan Watts On the Taboo Against Knowing Who You Are

      by ocular sinister on Thu Oct 13, 2011 at 01:53:21 PM PDT

      [ Parent ]

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