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Currently viewing articles tagged with Financial Crisis.
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The Company Men
In many ways, I could not help but think of Arthur Miller’s “Death of a Salesman” when watching this film. Miller, a committed Marxist, understood the depths of the illusions that “company men” (salarymen in Japan) had in the system.
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The Debt Crisis: A Case of False Memory Syndrome
The acclaimed author, Milan Kundera, has written that, “The struggle of man against power is the struggle of memory against forgetting.” But the ongoing world financial crisis shows how false memories can fool us and make us unable to confront corporate power.
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Web Exclusive: Welcome to 2011 - The American Dream lives on while you’re sleeping
Investors and traders celebrated the New Year, thinking the market will boom in 2011. The tens of millions unemployed, foreclosed or already homeless went to sleep early—to escape the pessimism that has descended on the middle and lower middle classes in much of the country.
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Wall Street’s Killing Fields
The pundits are very busy these days looking for scapegoats among the swindlers, liars and manipulators who by their greed and excesses have caused the meltdown that led to this mother of all stock market crashes. Now it’s true that in the midst of every economic boom some masters of the universe exercise no scruples in grabbing their share, and then some, of the profit bonanza; and when conditions sour, find novel ways of hiding their true bottom lines to keep investor capital coming their way.
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