Requiem for the American Dream (5)

Chomsky’s fourth principle of the concentration of wealth and power is to “Shift the Burden.” He uses the word “burden” in the sense of the responsibility for maintaining and managing the society in which one lives. Morality demands that people who have greater wealth and bigger incomes ought to be held responsible at a higher…

Requiem for the American Dream (4)

The third principle of the concentration of wealth and power is “Redesign the Economy,” i.e., use your political influence to change the rules of the economic system, so that it favors the already advantaged class in new and more powerful ways. Noam Chomsky identifies two major factors under this principle: (1) financialization of the economy and…

Systemic Problems (2)

The following discussion is based on, and inspired by, the work of Jack Harich and associates, which can be accessed here. A systemic problem is one that originates in the structure of a system rather in the behavior of individuals participating in the system. This does not mean that individuals play no role in causing the problem; rather, it…