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Trade protection accumulates upon a single point the good which it effects, while the evil inflicted is infused throughout the mass. The one strikes the eye at a first glance, while the other becomes perceptible only to close investigation. ↗
THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor. ↗
What we are dealing with here is another version of the Lacanian 'il n'y a pas de rapport ...': if, for Lacan, there is no sexual relationship, then, for Marxism proper, there is no relationship between economy and politics, no 'meta-language' enabling us to grasp the two levels from the same neutral standpoint, although—or, rather, because—these two levels are inextricably intertwined. ↗
The media are desperately afraid of being accused of bias. And that's partly because there's a whole machine out there, an organized attempt to accuse them of bias whenever they say anything that the Right doesn't like. So rather than really try to report things objectively, they settle for being even-handed, which is not the same thing. One of my lines in a column—in which a number of people thought I was insulting them personally—was that if Bush said the Earth was flat, the mainstream media would have stories with the headline: 'Shape of Earth—Views Differ.' Then they'd quote some Democrats saying that it was round. ↗
#conservatism #conservatism-in-the-us #democratic-party-united-states #economics #flat-earth
Maybe they'd use biological or chemical weapons instead. Maybe they'd crash the world economy. Maybe they'd turn every program on television into one of those reality shows." "That's mostly done already, Harry." "Oh. Well. I've got to believe that the world is worth saving anyway. ↗
Now here's somebody who wants to smoke a marijuana cigarette. If he's caught, he goes to jail. Now is that moral? Is that proper? I think it's absolutely disgraceful that our government, supposed to be our government, should be in the position of converting people who are not harming others into criminals, of destroying their lives, putting them in jail. That's the issue to me. The economic issue comes in only for explaining why it has those effects. But the economic reasons are not the reasons ↗