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" "In sum, there is nothing irrational about spending three dollars of public money to protect one dollar of private investment—at least not from the perspective of the investors. To protect one dollar of their money, they will spend three, four, and five dollars of our money. In fact, when it comes to protecting their money, our money is no object.
Michael Parenti (born 30 September 1933) is an American political scientist, historian and media critic.
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In the end I created a career of my own, concentrating on my writing and lecturing, reaching larger audiences than I would had I ended up with tenure and a full teaching load. It was Virginia Woolf who said that it is terrible to be frozen out of a sacred tradition-but even more terrible to be frozen into it.
The overthrow of communism gave a green light to the unbridled exploitative impulses of Western corporate interests. No longer needing to convince workers that they live better than their counterparts in Russia, and no longer constrained by a competing system, the corporate class is rolling back the many gains that working people in the West have won over the years. Now that the free market, in its meanest form, is emerging triumphant in the East, so will it prevail in the West.
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