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" "[pp 6-9] Marx warned that capitalism has built within it the seeds of its own destruction.... Unable to expand and generate profits at past levels, the capitalist system would begin to consume the structures that sustained it. It would prey upon, in the name of austerity, the working class and the poor, driving them ever deeper into debt and poverty.... Politics would become subordinate to economics, leading to political parties hollowed out of any real political content and subservient to corporations.... *Capitalist oligarchs hoard huge sums of wealth, $7.6 trillion stashed in overseas tax havens.... In the end corporate monopolies obliterate free market competition.... Corporations feast on taxpayer money.
Christopher Lynn Hedges (born September 18, 1956) is an American journalist, Presbyterian minister, and visiting Princeton University lecturer. His books include War Is a Force That Gives Us Meaning (2002), a finalist for the National Book Critics Circle Award for Nonfiction. In 2002, Hedges was one of eight reporters at The New York Times collectively awarded the Pulitzer Prize for the paper's coverage of global terrorism. He hosted the television program On Contact for RT America from 2016 to 2022
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The United States, as the near unanimous vote to provide nearly $40 billion in aid to Ukraine illustrates, is trapped in the death spiral of unchecked militarism. No . No . No viable Covid relief program. No respite from 8.3 percent inflation. No infrastructure programs to repair decaying roads and bridges, which require $41.8 billion to fix the 43,586 structurally deficient bridges, on average 68 years old. No forgiveness of $1.7 trillion in . No addressing . No program to feed the . No rational gun control or curbing of the epidemic of nihilistic violence and . No help for the . No of $15 an hour to counter 44 years of wage stagnation. No respite from gas prices that are projected to hit $6 a gallon.
They have risen from a decayed world where opportunity which confers status, self-esteem and dignity has dried up for most Americans.... A decline in status and power, an inability to advance, a lack of education and health care and a loss of hope are crippling.... Humiliation fuels loneliness, frustration, anger and feelings of worthlessness. When you are marginalized and rejected by society, life often has little meaning.
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