Don't Kid Yourself. We'll Never Have A Pre-2008 Economy Again

Alan: 95 year old Air Force general friend AWC -- who has visited over 200 countries and both poles twice -- says the world's economy is undergoing a fundamental re-calibration now that dark-skinned peoples who have been systematically excluded by white-skinned people take "their place at the table." It is difficult for most Americans to realize that their plight is propelled by a sea change in planetary politics:Earth is moving beyond "white privilege" as a necessary prelude to more widely distributed justice. The piggishness of the 1% makes Americans' plight even worse.

"Politics and Economics: The 101 Courses You Wish You Had"

http://paxonbothhouses.blogspot.com/2012/01/politics-and-economics-101-curricula.html

***

"Plutocracy Triumphant"

A compendium of cartoons documenting the disappearance of democratic process.
http://paxonbothhouses.blogspot.com/2014/05/plutocracy-triumphant.html

***

Don't kid yourself. We'll never have a pre-2008 economy again. "Two reactions usually follow. One is that of the Washington Post, whose report on July 30 was ebullient....The other comes from economists who insist that things could have been better, if only policies had been different....Is the baseline that we use for these judgments a reasonable one? Are we still in the world that existed from 1945 to 2007? Or have things changed in ways that make the record of those years much harder to repeat? There are at least four broad reasons to fear that we now live in a rougher world — a world in which we can no longer expect the 'normal' times we have grown so used to." James K. Galbraith in Politico Magazine.