With high unemployment, massive poverty, inequality, and a weak economic recovery, the economy is obviously the number-one issue in public consciousness. President Barack Obama and Mitt Romney continue to trade barbs on the presidential campaign trail. Romney accuses Obama of being “anti-business”, while Obama criticizes Romney’s record with Bain Capital, Romney’s private equity firm that was involved in outsourcing American jobs overseas. Amidst this cacophony of superficial babble and quacking from two politicians backed by multinational corporations and Wall Street, one fact is conveniently left out of the discussion — the $1 trillion national security budget.
Category Archives: Poverty
The $1 trillion national security budget
Posted by Adam Hudson on July 29, 2012 in Economy, Empire/Hegemony, Inequality, International Relations, Irregular warfare & covert operations, Military-industrial complex, war economy, & war profiteering, Poverty, War & Peace
Tags: $1 trillion, 2011 debt deal, 2012 presidential election, anti-war, Barack Obama, CIA, drones, economic injustice, economic justice, empire, global economic crisis, imperialism, militarism, military-industrial complex, Mitt Romney, national security, national security budget, unemployment, War
Occupy Wall Street: a movement against oligarchy
It has been three months since the Occupy Wall Street movement began on September 17, 2011. For the first few days, the movement was largely ignored by the mainstream media. Now it has gotten to the point where it cannot be ignored. The movement has spread to over one thousand cities across the United States and around the world. Occupy Wall Street does not have a clear set of demands nor is there an easily identifiable leadership. Yet, it is united by the economic suffering shared by millions of people. The movement’s lack of clear demands is the most persistent criticism people (both detractors and supporters) make against Occupy Wall Street. While demands are important, this criticism misses what the movement is really about. Read the rest of this entry »
Posted by Adam Hudson on December 13, 2011 in Activism & Social Change, Anarchism, Capitalism, Economy, Inequality, Late-2000s financial crisis/recession/depression, Occupy Wall Street, Poverty, Radical/Revolutionary Ideas
Tags: anti-capitalism, capitalism, corporate greed, economic injustice, economic justice, global economic crisis, Inequality, Occupy Wall Street, oligarchy, OWS, social movement, Wall Street