OK, boilerplate nonsense

This climate injustice is only one manifestation of the inequalities and injustices built into the capitalist powers’ imperial exploitation of the “under-developed” world. In the late Immanuel Wallerstein’s framework, the core capitalist powers compete with each other for dominance in exploiting the resources of the underdeveloped periphery nations.

Consequently, each of the capitalist powers is loathe to weaken its competitive position vis à vis the other capitalist economies. In a capitalist world, each economic unit must act to protect what it deems its own interests. The only counterweight comes from the public sector.

Yet in a capitalist world, each public authority — local, state or national government — is constrained by the fear that pushing public interests too far will cause capital flight, thereby undermining its viability. And, of course, corporations and the wealthy dominate the shaping of public policy — nowhere more than in the US.

Sigh. But then this is some kid, right?

Ted Morgan is emeritus professor of political science at Lehigh University

Sigh.

13 comments on “OK, boilerplate nonsense

  1. Actually, I’d have been more surprised if it had been written by a kid.

  2. “Public interest” would involve stripping away all the layers of taxpayer subsidy that keep people like him under a roof and fed.

  3. ‘This climate injustice is only one manifestation of the inequalities and injustices built into the capitalist powers’ imperial exploitation of the “under-developed” world.’

    If you lump reification fallacies together, what do you get? Above nonsense.

    My climate injustice complaint: San Diego gets better weather than I do.

    Better to leave the “under-developed” world undeveloped, unless developed by the Chinese.

  4. The only counterweight is the mass of individual consumers. Fifty years ago “A&P” dominated the US supermarket sector until several US churches (including Eastern Baptist) advocated a boycott as a protest against racial discrimination among employees and “A&P” sank.

  5. ‘Don’t count on capitalism to defeat climate change’

    The goal of Climate Change™ is to defeat capitalism.

  6. Thanks for the reminder of The Great Atlantic & Pacific Tea Company, John. I worked for them awhile while in college. Late 1960s.

    Your description of their demise matches no account I can find on the internet.

  7. @ Gamecock
    That’s what I heard and read in the late 60s/early 70s. Obviously I wasn’t there so you may know better than I but until now I have had no reason to doubt it.

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