Kategoriak: All - inequality - globalisation - healthcare

arabera andrew thi 12 years ago

262

economic1-4

The text explores the growing influence of corporatocracy in various sectors, highlighting how powerful lobby groups and large corporations dominate the political and economic landscape.

economic1-4

.........priceOfCivilisation.....

age of Paul Samuelson ideals

libertarian extreme
taxes is government extortion
free market forces reign supreme
devoid of social responsibilty
core belief

individual have no resposibility except respect liberty & property of others

Paul Samuelson great synthesis
govnmt to perform3 tasks

stabilise macro econm

provide public goods

redistribute income 2 protect poor/unlucky

market to allocate most goods
illustrations..
govnm to allrviate financial instability by..

active government policies

well directed fiscal pol

well directed monetary pol

financial regulation

mkt economy prone 2 financial instability
market systematically under provide public goods
fairness require government to redistribute income ..
efficiency does not guarantee fairness
market are reasonable efficient

prosperity loss

new gilded age
age of impunity for the rich

wall st firms

Goldman Sachs,Citigroup, jpmorgan

dick cheney

massive inequality of wealth
divided work force
investment squeeze
job &saving crisis

outcome

fiscalWaste
environmtSustainability
decency
socialCohesion

history

reaganEra
taxCuts/ shrinkGovernm/risingInequality
roaring20
decadeOfCorruptn&speculation
progessiveEra
corrupt gildedAge

corporatocracy

4lobbygrps
healthCareIndustry

AMA restrict supply of new doctr thr ctrl&placemnt in medical sch

giver met reimburse cost w/ little system oversignt&ctl

hospital &Doctor reimburse on cost-plus basis

sky high prices protected by patent

bigOilTransportMilitaryComplex

sabotage mass transport and clean fuel initiative

hijack climate chg frm national agenda

dependence military trap in MEast

heavy oil dependence

wallStWashintonComplex

financialsystemCtrlbyWallSt

few large firm (goldmansachs, Jpmorgan,Citigroup,MorganStanley )

exert financial ctl over US economy

deregulation

unfavourable tax policy for middle/lower income worker

economic effect of globalisation

CEO friendly political env

militaryIndustryComplex

fiscal waste

useless war

militarisation

drivers

emphasisOnBottomline
globalisation

american's economic crisis

kowtow to lobbyists
open-ended war in Afghanistan
stingy foreign aid
unprecedented budget drficit
unaffordable tax cut
massive military budget

moral crisis

dishonesty as contagious social diseases
repeated exposure corporates lies in

military contr

financial/ investmnt

oil ind

Subtopic

drugs ind

parade of CEOs who cheated
phone claims of --

official statements of military statements (on Vietnam)

campaign comercials

advertisement

abuse of rich &pweful
lack of respect, honesty and compassion
lackOf civic virtue

cure

moral cures
educating ourselves deeply abt society needs
vigilant steward for future generation
bear fair share of taxes
multiple act of good citizenship
proposePolicies
taxCuts4rich

shortterm cure

temp tax cuts
quantitative easing
significantCutsInPublicOutlays
budget stimulus

economicMalice

longTerm/structre vs cyclical
education
energy policy
budget shortfall

symptons

environmentalActivitist
shareholder activitists
socialJustice
impunityOfRich
addr corrupt privileges
occupyMovement