The Dominant Economic Model of the 21st Century: Pain and Suffering for — Almost — All

Truthdig / By Chris Hedges

March 3, 2014  |  This article originally appeared on TruthDig.com, and is reprinted here with their permission.OXFORD, England—The morning after my  Feb. 20 debate at the Oxford Union, I walked from my hotel along Oxford’s narrow cobblestone streets, past its storied colleges with resplendent lawns and Gothic stone spires, to meet  Avner Offer, an economic historian and Chichele Professor Emeritus of Economic History.Offer, the author of “ The Challenge of Affluence: Self-Control and Well-Being in the United States and Britain Since 1950,” for 25 years has explored the cavernous gap between our economic and social reality and our ruling economic ideology. Neoclassical economics, he says, is a “just-world theory,” one that posits that not only do good people get what they deserve but those who suffer deserve to suffer. He says this model is “a warrant for inflicting pain.” If we continue down a path of mounting scarcities, along with economic stagnation or decline, this neoclassical model is ominous. It could be used to justify repression in an effort to sustain a vision that does not correspond to the real world.Offer, who has studied the rationing systems set up in countries that took part in World War I, suggests we examine how past societies coped successfully with scarcity. In an age of scarcity it would be imperative to set up new, more egalitarian models of distribution, he says. Clinging to the old neoclassical model could, he argues, erode and perhaps destroy social cohesion and require the state to engage in greater forms of coercion.

“The basic conventions of public discourse are those of the  Enlightenment, in which the use of reason [enabled] us to achieve human objectives,” Offer said as we sat amid piles of books in his cluttered office. “Reason should be tempered by reality, by the facts. So underlining this is a notion of science that confronts reality and is revised by reference to reality. This is the model for how we talk. It is the model for the things we assume. But the reality that has emerged around us has not come out of this process. So our basic conventions only serve to justify existing relationships, structures and hierarchies. Plausible arguments are made for principles that are incompatible with each other.”

Offer cited a concept from social psychology called the  just-world theory. “A just-world theory posits that the world is just. People get what they deserve. If you believe that the world is fair you explain or rationalize away injustice, usually by blaming the victim.

“Major ways of thinking about the world constitute just-world theories,” he said. “The Catholic Church is a just-world theory. If the Inquisition burned heretics, they only got what they deserved. Bolshevism was a just-world theory. If  Kulaks were starved and exiled, they got what they deserved. Fascism was a just-world theory. If Jews died in the concentration camps, they got what they deserved. The point is not that the good people get the good things, but the bad people get the bad things. Neoclassical economics, our principal source of policy norms, is a just-world theory.”

Offer quoted the economist  Milton Friedman: “The ethical principle that would directly justify the distribution of income in a free market society is, ‘To each according to what he and the instruments he owns produces.’ ”

“So,” Offer went on, “everyone gets what he or she deserves, either for his or her effort or for his or her property. No one asks how he or she got this property. And if they don’t have it, they probably don’t deserve it. The point about just-world theory is not that it dispenses justice, but that it provides a warrant for inflicting pain.”

Read more » Alternet
http://www.alternet.org/economy/dominant-economic-model-21st-century-pain-and-suffering-almost-all

80 Percent Of U.S. Adults Face Near-Poverty, Unemployment: Survey

By HOPE YEN

WASHINGTON — Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

Read more » Huffington Post
http://www.huffingtonpost.com/2013/07/28/poverty-unemployment-rates_n_3666594.html

UK most unequal country in the West

Huge gap between rich and poor in Britain is the same as Nigeria and worse than Ethiopia, UN report reveals

By Geoffrey Lean and Graham Ball

Britain is now the most unequal country in the Western world, an authoritative new United Nations report reveals. The gap between rich and poor is as great as in Nigeria.

Detailed statistics in the Human Development Report published last week also demonstrate that inequality has grown sharply during Conservative rule and that the poor in Britain now have to live on much the same incomes as their equivalents in Hungary and Korea.

Read more > The Independent.co.uk
http://www.independent.co.uk/news/uk-most-unequal-country-in-the-west-1329614.html

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Via Facebook

Canada drops out of top 10 most developed countries list

The United Nations human development index now ranks Canada as 11th

By the Canadian Press

Canada has slipped out of the top 10 countries listed in the annual United Nation’s human development index — a far cry from the 1990s when it held the first place for most of the decade.

The 2013 report, which reviews a country’s performance in health, education and income, places Canada in 11th place versus 10th last year.

American Marxism as a guide to action:

Marxist political advice and its discontents

By Omar Ali

Professor Vijay Prashad  is the George and Martha Kellner professor of history at Trinity college. He is also a prominent left wing activist. The two roles have different requirements. Here he tries to bridge the gap. 

Someone had commented on 3quarksdaily.com that this is “Another bucketload of gormless Marxist verbiage around a central anti-semitic core: forget the mountains of corpses and the decades of torture and oppression – Assad’s main crime is defined as “neoliberalism … and a practice of accommodation with both the US and Israel.”

That triggered the following comment (i have edited the original slightly for clarity)  from me: The real problem with neomarxist verbiage is not double standards or selective outrage, its the unbridgeable gap between being a professor and being an actor on the ground in a civil war in a faraway country.
Vijay Prashad as a professor in a first world University may eventually contribute to changing the way X or Y issue is framed in the mind of the elite, and that in turn will eventually have some impact somewhere in actual daily politics and political struggles but those are big “eventually-s”. Some professors are OK with that and focus on doing their research and writing their books and teaching their students in the hope that their analysis will eventually “trickle down”. But that (for obvious reasons) is not very satisfying for most of us. Hence the need to suggest practical courses of action in today’s clash, to pick sides, to “organize a relief column”. Unfortunately (or fortunately, depending on your estimate of said professor’s wisdom and insight) this aspect of a professor’s work has near-zero real world relevance.
I don’t know how to fix this problem, but it does seem to be a real problem. Most right wingers are almost by definition closer to the ruling elites so maybe they dont feel the pain as much, but left wing professors are in a painful bind here..to have no opinion on proximate politics and wars seems silly, but to have an opinion that arises logically from their theoretical framework is frequently sillier, and any honest and good man may end up in Professor Prashad’s position. Its a real dilemma.

In an attempt to pre-empt misunderstandings, let me add:

1. My question is not about the details of his analysis.

2. Its about this scenario. Lets say Vijay is Vladimir Lenin. Well, in that case he is not only a theoretician (though he would like to believe that his superior understanding of theory informs his practice), he is an organizer, a rebel, a leader, a politician with day to day decision to make. Very fine nuances and very involved calculations will come into play. Many of those calculations will be very cynical. All of them will be locally bound by existing circumstances. Theory will have to give way again and again. But Vijay (probably not even in his own mind, but I don’t know him personally, so I cannot say for sure) is not Lenin. He is a professor. He does research, he writes books. He has theories. And he is part of a broader left wing academic current that has its own internal dynamics very far from the ground in Syria. I am saying I don’t expect him to say things that are too useful as guides to action.
3. What do you think?

Courtesy: Brown Pundits

Sufism [Sindhyat/ Humanity] binds millions of hearts in subcontinent: Abida Parveen

Sufi legend Abida Parveen, who is on a trip to New Delhi for the Jahan-e-Khusrau festival said Sufism binds millions of people in the subcontinent and that the forthcoming festival is an effort to create a spiritual mood. The 10th edition of the three-day festival starts March 2 in New Delhi at Humayun’s Tomb. “Sufism has evolved from the beginning of this universe. It bridges the gap between the hearts. This festival brings different colours together. This is a message from heart to heart. This is an effort to create a spiritual context for the common people,” she said. Organised by the Rumi foundation and designed and directed by filmmaker-painter Muzaffar Ali, the three-day festival was announced by Ali and Abida Parveen and Sharmila Tagore-members of the Rumi Foundation. Parveen had been a part of the festival since its beginning, but couldn’t attend the festival last year due to health reasons. Jahan-e-Khusrau 2012 will see performances by Abida Parveen, Ali Zafar, Hans Raj Hans, Andrea Griminelli (Italian flautist) and will also introduce new faces like Indra Naik, Vidhi Sharma, Rajesh Pandey, Vidhi Lal, and Shivani Varma. Reminiscing on her long association with the festival, Parveen said that whenever she comes to perform for Jahan e Khusrau “an extraordinary noorani (blissful) process begins. The Rumi Foundation knows how to collect different colours and create an atmosphere which is so pure and durgahi that no difference is felt between the one who’s singing and the one who’s listening. Even if one person gets attached with the Sufi saints in such an atmosphere, it’s enough to break all barriers of faith and territorial boundaries,” she said. “Tasawuf (a Sufi term that means focusing on one’s relationship with God) is God’s name. We don’t need any language or identity to understand Allah,” added the singer. Celebrating 10th year of Jahan-e-Khusrau, Muzaffar Ali maintained that the journey of Jahan e Khusrau began with the thought of bringing all pure souls together on one platform in Delhi, a city of great souls and saints. Over the last decade, Jahan e Khusrau has presented rare poetry of the mystics of the sub-continent. It has showcased Sufi singers, dancers and musicians, including Azam Ali, Masood Habibi, Shubha Mudgal, Shafqat Ali Khan, Shubjaat Hussain Khan to introducing fresh promising talent such as Zila Khan, Archana Shah, Indira Naik and Rajesh Pandey among others.

Courtesy: Pakistan Today

Who stole our country? Major cities brace for ‘Occupy Canada’

– Canadian cities brace for Occupy Wall Street’s weekend shift across the border

By Steve Mertl, Daily Brew

Toronto and other major cities are bracing for the Canadian echo of the Occupy Wall Street protest this weekend.

Thousands of people have been camped out in New York’s financial district for a week, staging marches to protest the growing gap between America’s super rich and the harried middle and working classes. Hundreds have been arrested.

The movement, sparked by an idea in Vancouver-based Adbusters magazine last summer, has since spread to dozens of American cities and now is migrating north. Toronto, Vancouver, Montreal, Calgary, Regina and even sleepy Charlottetown are scheduled to see protests on Saturday.

Toronto will be the main focal point of the Canadian effort. Protesters are expected to converge at King and York Streets in the heart of Canada’s finance and investment centre Saturday morning.

The group OccupyTO’s website raises the spectre of a New York-style long-term action rather than a one-day protest. ….

Read more » Daily Brew » YahooNews

Bridging The Communication Gap With PPP!

By Dr. Khalil Ahmad

With time, disconnect with the Pakistan Peoples Party is widening. The more one listens to news and reads newspapers, the more one is convinced of the distending communication gap between the PPP and non-PPP camps. It seems both of them are talking to themselves only. Watching talk shows on TV channels, where representatives from both camps talk face to face, is an experience these days as they appear to be an exercise in monologic dialogue, without communicating a bit! …

Read more : asinstitute