The Sacred Cows of Capitalism

I am starting to see that racism and capitalism are bedfellows. The accrued wealth and power of white individuals, businesses, neighborhoods, communities, institutions, and even nation-states, cannot be separated from capitalism’s mechanisms of accruing wealth and power that developed in tandem with racism and inequity. I’m mostly speaking about the United States, with its uniqueContinue reading “The Sacred Cows of Capitalism”

Bill Clinton and the Bondholders

Bill Clinton entered the White House in January 1993 with an ambitious plan of social programs including the reform of the healthcare system to provide universal coverage. Robert Rubin, a Goldman Sachs boy, joined the Clinton administration as Assistant to the President on Economic policy. After learning of Bill Clinton’s progressive social agenda he simplyContinue reading “Bill Clinton and the Bondholders”