Wednesday, February 23, 2011

Oligarchy

thirty years i've been ranting about america turning into an oligarchy.

now, finally, a mainstream voice of reason, and a nobel prize winner to boot, conjures up the same dream.

i'd call it a corporate oligarchy, ie., fascism, but you'll get the drift if you take five minutes to read:

http://www.nytimes.com/2011/02/21/opinion/21krugman.html?_r=1&ref=paulkrugman

7 Comments:

Anonymous Anonymous said...

ORIGINS OF A MIND

So anyway, John Nash shared the Nobel Prize in Economics for his work (when he was 23 years old ) in the simplistically described "game theory."
We see him frequently, with his wife, at Market Fair, in Princeton eating at the Market Fair food court.
He has schizophrenia.
It appears he prefers food from Teriaki Boy.

Nora

February 23, 2011  
Blogger Bill Simpson said...

now that's quite a tangent, nc. and very nicely written.

i might add genghis khan grew up poor, no mother, eating mostly marmots he killed with stones.

by the way, j. nash as good lookin of a fellar as r. crowe?

February 24, 2011  
Anonymous Anonymous said...

Well, I would describe Dr. Nash as gnarled, gnome-ish. . .mumbling to himself & giggling, totally un-distracted by the business of the mall.

The man (in real life) is more interesting than the character (in a really good movie).

(For me, anyway)

nora

February 24, 2011  
Blogger chuck said...

But unfortunately Kruggie doesn’t have an answer. Like Paddy O’Bama, his solution is to hope. “So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t.”
OK, Paul. I hope it doesn’t.

February 24, 2011  
Blogger Bill Simpson said...

this is an unfair attack on paul. in this brief piece he's simply trying to raise awareness as to what's going on out there. i asked a dozen guys at the bar the other nite if they knew what was going on in wisconsin and only one had a vague, fox news idea.

for years klugman has been advocating state and federal legislation that would narrow income gaps thru more equitable taxation, levying higher tariffs on imports to level the playing field for the US, government support of emerging industries, and a whole host of other economic measures. you may or may not agree with his solutions but you can't say the dude hasn't been thinking the problem over.

February 25, 2011  
Blogger chuck said...

Sorry. My point was poorly made. I wasn't taking St. Paulie to task as much as I was the general electorate (including myself), whose range of political activism runs from doing nothing to griping a lot to hoping things will get better.

February 25, 2011  
Blogger Bill Simpson said...

maybe we just haven't been pushed hard enough yet.

February 25, 2011  

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