The Daily Crock

A political Blog

by Robert Weissman / Citizen.org

Washington is in the grip of a fever. It’s hard to find a word other than lunacy to describe what’s going on.

We are veering toward potential economic catastrophe.

And Congress is hung up on a debate that shouldn’t be occurring. It is debating an imaginary problem that conjures scary future scenarios but ignores dire existing circumstances. The consensus proffered solution to the imaginary problem would damage our country and further weaken our economy.

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Life After Capitalism – part 2

by Dr. Stuart Jeanne Bramhall

This is the second of two articles exploring the likelihood that capitalism is on the verge of collapse and what a post-capitalist world might look like.

Like many sustainability activists, I strongly believe that with advanced planning and preparation, the demise of capitalism could be an extraordinarily positive change for most of humankind. I tend to agree with Richard Heinberg of the Post Carbon Institute (see TEOFWAWKIT: The End of the World as We Know It) that global resource scarcity, aggravated by catastrophic climate change, will force the break-up of large nation-states into small self-governing regional units.

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But What If

by Dave McGill

We were assured at the highest levels that the debt ceiling will be raised by August 2. However, what if that is not the case. Some Republican congressmen are now saying that they can’t foresee any situation in which there could be a favorable vote in the House of Representatives for the “long-term” type of deal the president has insisted on from the start. There is no way most of us want to go through this again six months from now.
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by Dr. Stuart Jeanne Bramhall 

This is the first of two articles exploring the likelihood that capitalism is on the verge of collapse and what a post-capitalistic world might look like.

Global Capitalism: a House of Cards

As the global recession and debt crisis worsens, even mainstream analysts are starting to speculate that global capitalism is on the verge of collapse. At the moment, most attention is focused on European “debt contagion.” European Union economists are terrified that the Greek government will default on their debt.

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by Dave McGill

President Obama and the Democrats are attempting to go to bat for the middle and lower classes. Unfortunately, however, a large portion of those that would benefit from these efforts are either ignorant of what is really going on, or they have a pathological obsession to punish themselves. Either way, they are the root of our national problem.

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"We can have democracy in this country,
or we can have great wealth concentrated in the hands of a few,
but we can't have both."

-- Louis Brandeis, Supreme Court justice from 1916--1939