"Now they designate that Paschal season by her name, calling the joys of the new rite by the time-honoured name of the old observance."
---Bede, "De temporum ratione"
Un carillon ding dong
Fait un peu de ping pong
Dans l'espace léger
Les cloches se répondent
Aux quatre coins du monde
Qu'y a-t-il de changé ?
---S. Lama/ Y.Gilbert, "Qu'y a-t-il de changé ?"
On Dec. 2, Sen. Bernie Sanders (I-Vt.) delivered a timely speech about Milton Friedman’s Legacies, in which he argued that Friedman’s ideology is responsible for the current Economic Crisis and "the enormous damages" it has caused to the middle class and to working families, here and throughout the world at large.
The following goes to the heart of it:
Friedman earned his bread by denouncing government at virtually every turn. He, like his acolyte, former Federal Reserve Chair Alan Greenspan, believed that a largely unregulated free market constituted the most superior form of economic organization imaginable.The Senator's main point was that our country was due for a transformation:
Right-wing economists have argued that we can simply trust wealthy people and large corporations to do the right thing. Recent history has demonstrated what a silly idea that is.
1. We have endured years of right-wing ideology and we are eager to move in a different direction.It has now been barely three months since the Obama administration took office and although I understand how there are those who will find the question a little bit precocious, I think Easter makes it a propitious time to ask:
2. This last general election represented a repudiation of right-wing economic arguments.
3. We will see a major reordering of social and economic priorities.
How is the transformation going?
Are we already living in a world dominated by for-profit corporate entities in which governments' political power has become so limited that no meaningful change can really take place (Jennifer Government comes to mind), or "yes" can we, still?
A "change of direction" would be good. But direction to where? Direction, how? By what means? The international community? What international community?
If "unregulated free market" (aka "turbo-capitalism," "market fundamentalism," "casino capitalism," "cancer-stage capitalism," and "McWorld") is the disease, what is the cure? Regulations? How does one go about fostering the kind of global integration that better provides democratic representation, advancement of human rights and more egalitarian states? Do the nation-states of the world (including a Super Power such as the USA) still have any real say in the economic control of their individual destinies? How does one regulate the world?
Does Barack Obama know?