“Now, comrades, what is the nature of this life of ours? Let us face it: Our lives are miserable, laborious, and short. We are born, we are given just so much food as will keep the breath in our bodies, and those of us who are capable of it are forced to work to the last atom of our strength.” —George Orwell, Animal Farm

Capitalism Is Beyond Saving, and America Is Living Proof Jacob Bacharach TruthDig 8/31/2018

Policies that fail in the same way over and over are not failing. Someone is lying about their intent. The drug war didn’t fail to stem the flow of banned narcotics and to stop epidemic abuse and addiction; it succeeded at building a vast carceral and surveillance apparatus targeted at people of color as a successor to Jim Crow.

The war in Iraq didn’t fail to bring democracy to the Middle East; it smashed an intransigent sometimes-ally in the region, and deliberately weakened and destabilized a group of countries whose control of, and access to, immense oil reserves was of strategic American interest.

The “end of welfare as we know it” didn’t fail to instill in the nation’s poor a middle-class sense of responsibility; it entrenched a draconian regime of means-testing and a Kafkaesque bureaucracy for access to even meager social benefits for a rapidly shrinking middle class.

It’s not that “Capitalism isn’t working,” as Noah Smith recently argued in Bloomberg. It’s that it’s working all too well.

Read the whole article at Truthdig.


Late Stage Capitalism thinking:

The Death of Neoliberalism Is an Opportunity to Birth a New System

Sunday, May 06, 2018 By Cliff DuRand, Truthout | News Analysis

As the old order disintegrates around us, it offers us an opportunity for independence, an opportunity to build alternatives to capitalism. This will not be by petitioning the elite to fix things for us; it will be by ourselves directly participating in the challenging task of creating new institutions that better serve human needs. This will take courage and creativity. By and large, this will be on the local level, where face-to-face communities can work in the nooks and crannies of society, not controlled by corporations and their political minions. We need to build a new social order from the bottom up.
Truthout story


 Capitalism is killing us 

Princeton economics researchers Anne Case and Angus Deaton have documented the decline of life expectancy for working class Americans. Their study, “Mortality and morbidity in the 21st century,” first reported in 2015 and recently updated, reveals a shocking reversal of earlier trends toward longer healthier lives. The authors suggest that the increased mortality rates, which they characterize as “deaths of despair,” are due in part to a measurable deterioration in economic and social wellbeing.

Recent research by The National Research Council and the Institute of Medicine reported similar disturbing findings. They found a pervasive health disadvantage for Americans relative to sixteen comparable high-income or “peer” countries.

Both studies pointed to an array of potential contributing factors. They noted economic stresses, poor diet, substance abuse, gun violence, high infant mortality, and less available health care.

Economist Richard Wolff has documented the stagnation of workers’ wages throughout the same decades represented in the previous reports. One startling statistic he offers is most telling, American workers are laboring 20% longer hours today than in 1970 while workers in all the other advanced industrial nations have enjoyed reduced work hours. The Professor explains the social and economic forces which produced the phenomenon and lays blame primarily upon unregulated capitalism and the decline of worker union representation.

Economist Gar Alperovitz in his book “What Then Must We Do” describes our present condition as “stalemate, stagnation, and economic pain” and, like Professor Wolff, argues for evolutionary redesign of our economic system. Both advocate for greater democracy in the workplace, specifically worker cooperatives, as the means of providing more secure employment, greater economic security for both worker and community, and greater social coherence.

Schoharie County is presently developing a plan for our economic future. Fairweather Consulting, and all our community leaders he will bring to the table to develop an Economic Development Plan, should have our support. And, we hope the advice of the above referenced economic experts is considered, and incorporated, in the blueprint for our economic future.

Capitalism is killing us. We must do better for our children and the generations to follow. Worker cooperatives will prove to be a valuable strategy for achieving economic vitality and building community wealth. Let’s do it!



And some of us are killing ourselves

THE NATIONAL Center for Health Statistics released a study in 2016 that examined suicide trends from 1999 to 2014.

IN 2015, an estimated 44,193 people died by suicide in the U.S., with 22,018 of these deaths involving a gun. That's an average of 121 deaths by suicide every day...For every suicide, there are about 25 attempts that do not end in death.

The study showed that overall suicide rate rose by 24 percent in these 15 years, putting suicide rates at their highest in nearly 30 years. Almost every age group saw an increase except people over the age of 75, who already have some of the highest suicide rates. A substantial increase occurred among middle-aged white people.


Fallout from the so-called "Gig Economy?"

So Lonely I Could Die

 Social isolation, loneliness could be greater threat to public health than obesity, researchers say  |  Julianne Holt-Lunstad

"... studies, representing more 300,000 participants, and found that greater social connection is associated with a 50 percent reduced risk of early death. ...[a] second study,... examined the role that social isolation, loneliness or living alone might have on mortality. Researchers found that all three had a significant and equal effect on the risk of premature death, one that was equal to or exceeded the effect of other well-accepted risk factors such as obesity."

The American Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States.   Read the whole report here

See also the recently published book "Lost Connections" by

"What really causes depression and anxiety... Johann Hari was told that problems were caused by a chemical imbalance in his brain. ...trained in the social sciences, he began to investigate whether this was true... Across the world, Hari found social scientists who were uncovering evidence that depression and anxiety are not caused by a chemical imbalance in our brains. In fact, they are largely caused by key problems with the way we live today."

Synopsis by Powells Books


This from the Public Banking Institutes's Ellen Brown:

Financial Insecurity Ruins Our Lives:

Financial insecurity ruins people’s lives. It wrecks families, ruins personal relationships, destroys dreams, and demoralizes communities. It breeds hatred, violence, and identity-based resentment. The Tavistock Institute’s April 2014 study (a British study) on how poverty affects personal relationships is sobering. “Poverty and economic hardship have a negative effect on relationship quality and stability and cause a greater risk of relationship breakdown,”

Read the whole article here

and much, much more....

Note: A search for Failure of Capitalism produces
About 52,700,000 results (0.52 seconds)

Unless it Changes, Capitalism will Starve Humanity by 2050 | Feb 9, 2016
Capitalism has generated massive wealth for some, but it's devastated the planet and has failed to improve human well-being at scale. • Species are going extinct at a rate 1,000 times faster than that of the natural rate over the previous 65 million years...

American Capitalism's Great Crisis and How to Fix it -
May 11, 2016 - America's economic problems go far beyond rich bankers, too-big-to-fail financial institutions, hedge-fund billionaires, offshore tax avoidance or any particular outrage of the moment. In fact, each of these is symptomatic of a more nefarious condition...

DeepMind: '...capitalism is currently failing us' Business Insider..
May 10, 2017 - The capitalist model embraced by countries around the world is failing to serve humanity in many areas. That was the message of DeepMind cofounder Mustafa Suleyman this week — the highly educated entrepreneur who sold his artificial intelligence (AI) startup to Google for £400 million in 2014.

No Wonder Millennials Hate Capitalism - NYT
Dec 4, 2017 - For older Americans, the collapse of Communism made it seem as though there was no possible alternative to capitalism. But given the increasingly oligarchic nature of our economy, it's not surprising that for many young people, capitalism looks like the god that failed...

What Happens After Capitalism? Eudaimonia and Co
Mar 11, 2018 - The great lesson of the last century is very simple: first extreme socialism failed, and the Soviet empire fell. Now extreme capitalism is failing, and America is falling. Two mighty kingdoms — one single lesson: yesterday's extremes have both failed...

Can Capitalism be saved from itself? - Brookings Institution
Jan 16, 2018 - Homi Kharas explains how 2018 offers an opportunity to address some of the built-in flaws of capitalism if, policymakers are willing to take on the challenge.

Economic stress - role in increasing US death rate - Science Daily
Dec 9, 2016 - Greater stress and anxiety resulting from economic insecurity may be at least partly to blame for the U.S. death rate that the government has increased for the first time in a decade, says an expert on poverty and inequality.

On Economic Violence
Why Are Mass Killings So Common In The US?
Eric London, Popular Resistance 2.26.18
The statistics on deaths in the United States are staggering.
Since 2000, there have been 270,000 murders in the US, 600,000 drug overdoses (200,000 involving opioids), 650,000 suicides (130,000 by veterans), and 85,000 workplace deaths. An estimated 700,000 people have died prematurely during this period due to lack of health care. Police killed over 12,000 people from 2000 to 2014, and up to 27,000 immigrants have died attempting to cross the US-Mexico border since 1998. The government has executed roughly 850 prisoners since 2000. Over 2.2 million adults are currently incarcerated in jails and prisons, with another 4.7 million on probation or parole.”
That equals over 2.3 million deaths in the last 17 years, over 140,000 avoidable deaths each year. At the root of these deaths is economic violence that devastates communities in the US and other countries.
Economic violence perpetrated in the US feeds the war machine. Military spending now consumes 57% of federal discretionary spending, leaving only 43% to meet basic needs such as education, housing, transportation and energy.
Eric London is a DC-based strategist at TSD Communications. His stints in government and politics include senior positions with House Democratic leadership and in the Clinton Administration. London’s current specialty is advising not-for-profit, corporate, and campaign clients on crisis and public affairs communications.
Read more at: Popular Resistance

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