Comments on: Banks crush People

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Sat, 12 Jun 2010 14:18:04 +0000

Dylan,

Is that eh Dvid Harvey who wrote a brillinat book about Postmodernism?

In it he discusses Taylorism and Fordism?

By: Dylan

Dylan — Sat, 12 Jun 2010 13:06:03 +0000

"To my mind it is a charter for the empowerment of the wealthy by the robbing of the poor."

Not suere if youve seen David Harvey's work or if ive mentioned this before, but he writes about this proces. He calls it "accumulation by dispossession". He links it closely to Marx's concept of primitive accumulation - i.e. that that process never really ended it rather transformed.

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Sat, 12 Jun 2010 11:41:17 +0000

Yes, I too believe we are at one of those cusps where new responses are required to cope with the structures of power and finance. New resposes, new politics, new leaders.

Exciting times for those who aren't afraid of change.

By: Rob

Rob — Sat, 12 Jun 2010 11:19:28 +0000

I'm for increasing property taxes and other monopoly taxes while reducing all tax on productive labour. however I don't expect to see this common sense solution being implemented anytime soon because it would reduce the amount of money that the banks could extract from the housing market. in this globalized offshore world, taxing stuff that cannot be easily delocalised is the only way to go. we now have this crazy system where the most tax falls on things that are most important, I.e. jobs. I really think that the only way people can crush banks is through a revolution – the political class is simply too scared or too corrupt to take the plunge.