At The Financial Times: my reply to Pastaneta

@Pastaneta @Premonition

Is there nothing like the perpetual keening of the minions of Capitalist Class? With apologies to Karl Marx! The Bail Out followed by Quantitative Easing isn’t/wasn’t enough? On that question see these two essays that define the term antithetical.

AEI propagandist first

https://www.aei.org/publication/since-2009-feds-qe-purchases-transferred-almost-half-trillion-dollars-treasury-isnt-gigantic-wealth-transfer/

NYT hack second:

And not one prosecution of any Investment House or Bank executive, whose combined criminality was ‘put behind us’ as Obama looked to the future! Obama just another Neo-Liberal conformist, whose appointments were run of the mill, in every way. That ‘Hope and Change’ evolved into the SOS, and our present economic doldrums, if that even describes an economy made up of low paying service jobs: the realization of the ‘philosophy ‘ of the Hayek/Mises/Friedman trio, with the help of that indefatigable pamphleteer Ayn Rand. This trio plus one believed the future was about Robber Capital being the master, to the groveling Worker as slave, without the mythical possibility of the Slave’s self-emancipation through a fight to the death. A schoolmaster’s daydream! See Hegel and Kojève for the ennui inducing particulars.

StephenKMackSD

http://on.ft.com/2ga7iC8

 

 

About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s