Sunday, April 04, 2010

"greed-driven free-market ideology"

King was not the only one to anticipate bad things ahead for the U.S. His popularity dropped rapidly both because of his opposition to the Vietnam war, but also to the widening gap between poverty and wealth in this country. What he foresaw then has become even worse with the loss here of industrial jobs to China and others who abuse their workers and so can sell here cheaper -- Walmart and others that have driven out our small neighborhood stores.

In Morningside Heights (Columbia) stores are selling at outrageous rates and our lower West Harlem stores have been driven out of business.

People living in public housing are hit from all directions. In one category of public housing with the ending off of a 25 year lease arrangement, people are literally being evicted by new market rates that replaced their previously affordable rents. Slightly south of Columbia some big outfits are buying up rental housing, doing some reconstructing of apartments which allows them, too, to raise rents to market rates.

One would expect Columbia to be fighting for such people in need, but in Manhattanville it is trying to evict them with eminent domain tactics. They have allowed the low cost stores to be driven out in this process.

As a Columbia Ph.D. I am appalled by my own university.

The caring people in NYC are being drowned out by the BIG MONEY which includes our richest one, Mayor Bloomberg, who bought himself an illegal third term in office and who always supports the huge real estate interests rather than our our needy -- particularly our growing numbers of homeless.

"Bill Moyers and Michael Winship | Dr. King's Economic Dream Deferred
Bill Moyers and Michael Winship, Truthout: "This is a perilous moment. The individualist, greed-driven free-market ideology that both our major parties have pursued is at odds with what most Americans really care about. Popular support for either party has struck bottom, as more and more agree that growing inequality is bad for the country, that corporations have too much power, that money in politics has corrupted our system, and that working families and poor communities need and deserve help because the free market has failed to generate shared prosperity - its famous unseen hand has become a closed fist."
Read the Article"

http://www.truthout.org/dr-kings-economic-dream-deferred58258
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
--
Ed Kent [blind copies]

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