Keep Our Focus On Economic Inequality: No Bait and Switch

http://www.popularresistance.org/keep-our-focus-on-economic-inequality-no-bait-and-switch/

At CounterPunch, Jason Hirthler identifies one of the most important dynamics in the modern political world: "For every social advance, an economic price paid." Hirthler examines the real-life aftermath of the social breakthroughs and advances represented by the social justice campaigns of Martin Luther King, the ending of apartheid under the aegis of Nelson Mandela, and racial symbolism in the election of the first black American president, Barack Obama. In every case, Hirthler notes, genuine social achievements were followed by a brutal and ruthless expansion and entrenchment of ‘neoliberal’ economics — that is, the aggrandisement of elite power and privilege. One of the most glaring examples detailed by Hirthler is what happened after the genuinely astonishing and significant triumph of Mandela and the ANC: the share of South Africa’s wealth owned by whites has actually increased since the ending of the apartheid, thanks to the ANC’s betrayal of its own economic principles and its capitulation to the existing economic power structure.

Sent by gReader Pro

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s