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The Ends of Capitalism

November 16th, 2013 · No Comments

Saving the System
The Ends of Capitalism
by ROB URIE
http://www.counterpunch.org/2013/11/15/the-ends-of-capitalism/
In the midst of the unfolding economic and financial catastrophes of 2009 Barack Obama, the new President of the U.S., entered office with the broad political support needed to lead the country away from the war, militarism and economic pillage of the George W. Bush years. The U.S. wars in Iraq and Afghanistan had left those countries in ruins with over a million Iraqis killed and four or more million displaced. In contrast to the outcomes imagined in the deluded hubris of neo-con ‘think tanks,’ these wars demonstrated both the limits of American military power as means of geopolitical suasion and the absolute moral bankruptcy of America’s ‘leadership’ class from the Bush / Cheney ‘team’ all the way down to the local flag merchants. The economic calamity underway was the broadest and deepest since the Great Depression and shared that human-economic catastrophe’s genesis in runaway finance and its result in a socially untenable and politically incapacitating divide between rich and poor.

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