Americans Are "Hope Fiends" Because Honestly Looking at the Present Situation Would Destroy Just About Everything We Hold As Reality

An awareness of class makes clear who is screwing whom. That's why American capitalism's official line is that we are a "classless society."

There was nothing left to steal, so extorting the future was the only option left. Assuming the skimmers and the scammers manage to extract enough public monies to pump up corporations one more time, there will be another and bigger disaster not far down the road. We don't need the Oracle of Delphi to predict this. Capitalism is unstable as hell, like an unbalanced dreidel that keeps tilting ever more wildly off center until it falls over or eventually ... Full Story »

Posted by Dwight Rousu - via Jon Mitchell (f), Fabrice Florin (f)
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Subjects: World, U.S., Business
Member Tags: World Economy
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# Tweets: 4 (as of 2010-03-02)
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Posted by: Posted by Dwight Rousu - Mar 2, 2010 - 4:49 AM PST
Content Type: Article
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Edited by: Dwight Rousu - Mar 2, 2010 - 5:13 AM PST

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Jon Mitchell
4.0
by Jon Mitchell - Mar. 4, 2010

I really enjoyed reading this, and it perked up my antennae to look critically at the world around me. Good journalism should do that. It was a bit ranty and long, and it didn't really go to any outside sources to corroborate Bageant's assessment, but his opinion still makes for an invigorating read.

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Chris Finnie
3.3
by Chris Finnie - Mar. 2, 2010

Too long. No point to it. Nicely written meandering. Bageant should spend less time with his tortillas and more time thinking about what to do about any of this.

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Dwight Rousu
4.1
by Dwight Rousu - Mar. 2, 2010

Bageant is an excellent writer. He makes the depressing outlook sound like poetry.

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