The Left Anchor

One of the great successes of capitalism has been the distortion of social classes. For years we have lived in the belief that the great merchants of the world had a human side, they were supportive, having lunch with the workers and parked their car in blue zone if only once a year. The working class has made him believe he could have at its disposal a kind of Chinese copy of the life of the rich, cruise vacations, plasma TV, small apartment on the beach and children studying in private schools.
Continue Reading…

“What a terrible time when some idiots that lead to a blind “

William Shakespeare

Just as the great churches are also failing to provide answers to the spiritual concerns of individuals, political parties and pyramid hierarchical structures are also failing to fulfill its role as a pool of managers of public and leadership social policy is in serious decline.
Continue Reading…

While more and more Spanish swell the unemployment lists, Alfredo Saenz, CEO of Banco Santander, won 10.23 million a year. In addition, its pension plan, which will take any day, is 85.7 million, ie a thousand times higher than the average of other mortals.

It’s just a contradiction of which occur in these times of crisis. In Britain, for example, the rich have increased their assets during 2009 by 30 percent, starting with the steel king, Lakshi Mittal, who hoards 28 000 million.
Continue Reading…

There was once a football match in which the goals were not equal. The T had to defend a goal of 10 meters, while the B team’s goal only measuring 1 meter. It is not difficult to imagine the result, nor what the computer that receives almost all the goals.

If the rules are not just the result is written in advance. Something similar is happening today in this struggle between banking and workers. Competition rules are rigged in favor of one team.
Continue Reading…

The terrorist attacks today in Moscow, Russia, and killed dozens of people were allegedly perpetrated by Islamic nationalists .

The history of the conflict in Chechnya is very long. The Chechens were a minority oppressed by the Tsarist empire, so strongly joined the Soviet Revolution. Support for the Bolsheviks was overwhelming and, as a result, could defeat uprisings by Islamic extremists. The collectivization of the ’30s was, however, was rejected and severe conflicts between government forces and the local population, that grew with the Second World War, as a Chechen rebel government sought an alliance with Nazi Germany.
Continue Reading…

Here you have a joke that I have received through tuenti, which I found very enlightening.

“SON: Dad, I have to do a job for escuela.Te I can ask a question?
FATHER: Yes, hijo.Qué want to know?
SON: What is politics?
DAD: Well, let’s take our home as ejemplo.Yo am who I bring the money home, so I can call “capitalism.” Your mother is the one that manages the money, so we can call “government” . Between the two of you and take care of your needs, then you would be “the people”. A maid can call the “working class” and your little sister would be “the future”. Do you understand son?

Continue Reading…

Over at The American Prospect, Howard Gleckman has written a good post on the bizarre economic system that’s been created in the financial market. To call it capitalism would be a mis-classification. Rather, we have a system in which large firms can take huge risks without worrying about going bust, because at the end of the day the Fed will step in to pull their asses out of the fire. The Fed has allowed the firms to become so large, so enmeshed in the capital system that they’ve been freed of the ultimate risks that are supposed to lead to rational thinking in a free market. They’ve made themselves too important to our economy for the Fed to allow them to ever actually receive the full measure of consequence for the wrong-headed actions.
Continue Reading…

Harold Meyerson of The American Prospect has a great new piece up regarding the shrinkage of the middle class over the last two decades. His first target is the notion among some that technological advances contributed greatly to the growing disparity between the middle and upper class. By this logic, it was technology that allowed educated workers to be more productive and thusly more valuable than those who worked more labor intensive jobs. Meyerson notes the fallacy of this argument:

In the 1980s, economic inequality in America soared. Many mainstream economists at the time laid the blame on technological change, which enabled better educated Americans to benefit from productivity gains while less educated Americans lagged behind. As Thomas Lemieux, an economist at the University of British Columbia, argues in a paper (”The Changing Nature of Wage Inequality”) issued by the National Bureau of Economic Research last October, that thesis failed to explain why the same rise in inequality wasn’t evident in other advanced economies undergoing analogous technological changes.
Continue Reading…