Capitalism as it exists today is radically incompatible with democracy.
There is “capitalism” and then there is “really existing capitalism.”
The term “capitalism” is commonly used to refer to the U.S. economic system, with substantial state intervention ranging from subsidies for creative innovation to the “too-big-to-fail” government insurance policy for banks.
The system is highly monopolized, further limiting reliance on the market, and increasingly so: In the past 20 years the share of profits of the 200 largest enterprises has risen sharply, reports scholar Robert W. McChesney in his new book “Digital Disconnect.”
Continue reading Noam Chomsky: Can Civilization Survive Capitalism?
by Irfan Husain
DIAGNOSING the mental health of a nation is just as tricky as diagnosing an individual with a personality disorder.
…. So much for the diagnosis. What`s the cure? The hallmark of an educated mind is the ability to analyse problems coolly and rationally. An emotional response is usually the wrong one. But our minds are conditioned by years of slogans and clichés, as well as historical baggage that is no longer relevant. The disconnect between reality and our twisted perceptions grows by the day. …
… So let`s open our eyes to reality and face the world as it really is, and not how our tortured dreams have made it out to be.
Read more : DAWN
…. “Every dead body that ‘mysteriously’ turns up in Balochistan after ‘mysteriously’ going missing — the last count was 13,000 dead — is another nail in the coffin of any peace and stability in the province. It will not be long before we will be burying the soul of the largest province in this country. Short-sighted hated policies, cruel treatment, what comes close to an illegal occupying force in uniform and the consequent hate-fuelled sentiments of the Baloch people have turned one more part of Pakistan against the centre. Enough with the rhetoric and the cosmetic promises; Balochistan needs a determined political solution, otherwise we can, literally, kiss it goodbye.”
Brutality is the hallmark of small men with large influence. History has never seen or heard of a brutish sage. This is the debilitating cost of being governed by ‘small men’ and therein lies the bane of the rule of small men who cast long shadows. They neutralise virtues and allow vice to prevail and prosper. Their disconnect from reality curtails every opportunity for reform and progress. Woe betide the people ruled by small men.
To read full article : Daily Times