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The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
William Greider
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William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
Editor
Journalist
Writer
Cincinnati
Ohio
William Harold Greider
Role
Globalization
Roles
Wasted
Interest
Commercial
American
Washington
Self
Interests
Global
Protector
Threat
Appointed
Dollars
Readiness
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Everyone's values are defined by what they will tolerate when it is done to others.
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The problem of modern democracy is rooted in its neglect of unorganized people.
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In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
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In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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Creating a positive future begins in human conversation. The simplest and most powerful investment any member of a community or an organisation can make is to begin with other people as though the answers mattered.
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Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
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The present struggle seems less about abolishing big government than about who gets to use it.
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Leaks and whispers are a daily routine of news-gathering in Washington.
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Children born today have a fifty-fifty chance of living to 100.
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If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.
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When self-important people and powerful institutions are governed by illusion, history has a way of biting back.
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People know elections, like television commercials, are not real.
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If everyone has to be a watchdog in order to make government work, then the foxes will also volunteer to serve.
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Democracy begins in human conversation. A democratic conversation does not require elaborate rules of procedure or utopian notions of perfect consensus. What it does require is a spirit of mutual respect-people conversing critically with one another in an atmosphere of honesty and shared regard.
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A newly elected representative quickly discovers that his job in government-aside from making new laws-is to act as a broker, middleman, special pleader and finagler.
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A profound political question is suddenly on the table: Must the country continue to give precedence to private financial gain and market determinism over human lives and broad public values?
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If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to finance comfortable retirements and high-quality healthcare for all citizens, including those at the bottom of the wage ladder.
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