Posts Tagged ‘capitalism’

The Truth about the Wall Street Bailout: How “Free Market Capitalism” Really Works. Nader and Chomsky Explain the Game, a Nanny State to Take Care of the Rich

Thursday, January 21st, 2010

http://tinyurl.com/ChomskyCD
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http://representativepress.blogspot.com/2008/09/truth-about-wall-street-bailout.html
Presidential candidate Ralph Nader (subscribe to the Nader channel http://www.youtube.com/subscription_center?add_user=votenader08 ) has a good video about the wall street bailout, I’ll play you a short clip and also a clip of Chomsky talking about capitalism in the real world .

Nader is right, the bailout is yet another example of socialism for the rich which has been the game that’s always been played.

I recommend this CD of Noam Chomsky talking at Harvard in 96.
Chomsky explains that the free market theory sold to the public is just a fantasy. He shows how in the real world, different rules apply to the rich. the rich make sure they have the nanny state to take care of themselves. We are being played for fools. Let’s get the word out. Send this link to others: http://Tinyurl.com/BailoutTruth
http://representativepress.blogspot.com/2008/09/truth-about-wall-street-bailout.html

Duration : 0:4:4

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3.19 & 20 – The Global Divide 1 (Commanding Heights Sample)

Sunday, November 1st, 2009

Commanding Heights: The Battle for the World Economy

NARRATOR: Globalization did not cause global poverty, but it did make us more aware of it. And by creating a single global market, it raised the question of how that market benefits the world’s poorest nations.

DANIEL YERGIN: We are seeing around the world a movement towards greater reliance on markets, greater confidence in markets. But for that confidence to last it has to be seen that these markets are fair, that they are delivering the benefits widely, that people are benefiting from them. And if they don’t have that kind of legitimacy, then the confidence is not going to remain, and the markets will be vulnerable to disruption and be replaced by other kinds of controls. So every day the market has to earn and prove its legitimacy, and that’s a big test, particularly in the developing world, where the number-one issue, the central preoccupational concern, is the issue of poverty, and delivering the goods means lifting people out of poverty. And that more than anything else is what these markets would be judged by.

JEFFREY SACHS: Professor of Economics, Harvard University: The world is more unequal than at any time in world history. There’s a basic reason for that, which is that 200 years ago everybody was poor. A relatively small part of the world achieved what the economists call a modern economic growth. Those countries represent only about one-sixth of humanity, and five-sixths of humanity is what we call the developing world. It’s the vast majority of the world. The gap can be 100-1, maybe a gap of $30,000 per person and $300 per person. And that’s absolutely astounding to be on the same planet and to have that extreme variation in material well being.

Watch all of Commanding Heights at PBS.org

http://www.pbs.org/wgbh/commandingheights/hi/story/index.html

Duration : 0:7:28

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Why Use Open Source? Shelly Roche reports in from DrupalCon 2009 on Open Source & the Free Market

Tuesday, October 13th, 2009

http://bytestyle.tv: Shelly Roche recaps her first DrupalCon in DC… drupal is an open source content management system, which basically means it’s free, it can pretty much do anything you need it to — from blogging to news, to video — and it has a huge community of uber-devoted developers who are constantly making it better.

Sponsor my next video:
http://bytestyle.tv/sponsors

follow Shelly on twitter:
http://twitter.com/shellyroche

more from Shelly here:
http://bytestyle.tv
http://breakthematrix.com (btm uses drupal!)
http://bureaucrash.com

Drupal Links:
http://drupal.org
http://developmentseed.com
http://lullabot
http://treehouseagency.com
http://acquia.com
http://commonplaces.com

Other Resources:
http://www.opensource.org/
http://www.gnu.org/copyleft/gpl.html

Duration : 0:1:58

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