edition.cnn.com : Are jobs obsolete? · By Douglas Rushkoff, Special to CNN
edge.org : The Local-Global Flip, or, "The Lanier Effect" · A Conversation with Jaron Lanier [8.29.11]
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I'm starting to think that the Left might actually be right | By Charles Moore
What with the the phone-hacking scandal, the eurozone crisis and the US economic woes, the greedy few have left people disillusioned with our debased democracies.
"(...) As for the plight of the eurozone, this could have been designed by a Left-wing propagandist as a satire of how money-power works. A single currency is created. A single bank controls it. No democratic institution with any authority watches over it, and when the zone’s borrowings run into trouble, elected governments must submit to almost any indignity rather than let bankers get hurt. What about the workers? They must lose their jobs in Porto and Piraeus and Punchestown and Poggibonsi so that bankers in Frankfurt and bureaucrats in Brussels may sleep easily in their beds. (...)"
via telegraph.co.uk
„Ich beginne zu glauben, dass die Linke recht hat“ | Im bürgerlichen Lager werden die Zweifel immer größer, ob man richtig gelegen hat, ein ganzes Leben lang. Gerade zeigt sich in Echtzeit, dass die Annahmen der größten Gegner zuzutreffen scheinen. Von Frank Schirrmacher
via faz.net
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via nytimes.com | OP-ED COLUMNIST | The President Surrenders | By PAUL KRUGMAN
"A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.
For the deal itself, given the available information, is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status. (...)" continue...
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Famed Freelancer [Jonathan Tasini] Files Lawsuit Condemning HuffPo’s Use Of Free Bloggers | paidContent http://bit.ly/isL555
and sueddeutsche.de
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"Just last week, for example, the McKinsey Global Institute, the research arm of the consulting firm, released a study estimating that the country needs 21 million additional jobs by 2020 to reduce the unemployment rate to 5 percent. The study (see PDF) was skeptical that this would happen. Ugh. Pessimism and slow growth become a vicious cycle.
Battered confidence most obviously reflects the ferocity and shock of the financial collapse and the ensuing recession, including the devastating housing collapse. But there’s another, less appreciated cause: disillusion with modern economics."
via Hunkered-down America · newsweek.com
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