Tag: Paul Krugman

Greek Financial Debacle is a Crisis of Soulless Economics

ROBERT C. KOEHLER – Austerity, the brutal tool of neoliberal capitalism, stands up to Greek democracy and stares it down. Oh well. We’re remarkably comfortable with soulless economics. Pope Francis, speaking this week in Paraguay, cried to the nations of Planet Earth: “I ask them not to yield to an economic model … which needs to sacrifice human lives on the altar of money and profit.”

Errors and Lies: How the U.S. Was Lied into War

PAUL KRUGMAN – Surprise! It turns out that there’s something to be said for having the brother of a failed president make his own run for the White House. Thanks to Jeb Bush, we may finally have the frank discussion of the Iraq invasion we should have had a decade ago. But many influential people — not just Mr. Bush — would prefer that we not have that discussion. There’s a palpable sense right now of the political and media elite trying to draw a line under the subject. Yes, the narrative goes, we now know that invading Iraq was a terrible mistake, and it’s about time that everyone admits it. Now let’s move on.

Six Myths About Climate Change that Liberals Rarely Question

ERIC LINDBERG – We have a situation, then, where one half of the population says it is not happening, and the other half says it is happening but fighting it doesn’t have to change our way of life. Like a dysfunctional and enabling married couple, the bickering and finger-pointing, and anger ensures that nothing has to change and that no one has to actually look deeply at themselves, even as the wheels are falling off the family-life they have co-created. And so do Democrats and Republicans stay together in this unhappy and unproductive place of emotional self-protection and planetary ruin. Here are some of the stories we tell ourselves, to allow us to continue this behavior. How to kick the habit? That’s a little tougher.

White House Dries Out Moral Collapse in Spin Cycle

NORMAN SOLOMON – On December 5th, in a column about economic policy, Paul Krugman focused on “moral collapse” at the White House — “a complete failure of purpose and loss of direction.” Meanwhile, President Obama flew to Afghanistan, where he put on a leather bomber jacket and told U.S. troops: “You’re achieving your objectives. You will succeed in your mission.” For the Obama presidency, moral collapse has taken on the appearance of craven clockwork, establishing a concentric pattern — doing immense damage to economic security at home while ratcheting up warfare overseas.

Beltway Bulletin: Campaign Finance Reform

PHIL CARVER: On Feb. 11, two key Democrats, Sen. Charles Schumer (NY) and House member Chris Van Hollen (MD), outlined a bill to reform spending on elections. The bill will seek to undo the worst effects of the U.S. Supreme Court decision of Jan 21 in the case of Citizens United v. the Federal Election Commission.