Showing posts with label Crisis of Capitalism. Show all posts
Showing posts with label Crisis of Capitalism. Show all posts

Oct 1, 2008

Crisis of Capitalism

Demagoguery and Realism

Santiago Alba Rico - Rebelión

Translation: Machetera

The same day that the U.N.’s Food and Agriculture Organization (FAO) reported that almost a billion human beings are affected by hunger and that the aid necessary to save their lives would cost $30 billion dollars, six central banks (United States, Japan, Canada, England and Switzerland) injected $180 billion dollars in the financial markets in a concerted action to save the private banks.

In the face of data such as this, there are only two possible alternatives: that we be demogogues or that we be realists.


Read the rest of this great article that speaks bluntly;

http://machetera.wordpress.com/2008/09/24/demagoguery-and-realism/


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