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OpEdNews Op Eds    H3'ed 8/14/09

Global Depression and Regional Wars - Part I

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Egalitarianism defines it, something missing in America's roots, so it's high time it got there with little time to waste. Democratic socialism "is a means to a better material life (as reflected in) higher living standards, greater political freedom, social equality of conditions, and internal and external security." Successful socialist states effectively serve the majority of workers. They use internal resources for their own needs, not licensed for foreign predators to exploit them for profit unavailable for domestic use.


"Capitalism thrives on social inequalities." Socialism strives for equality, lessening poverty, providing essential services, and helping the most needy with subsidies and other benefits. Policies must include:


-- "massive investment in quality housing, household appliances, public transport, environmental concerns and infrastructure;"


-- economic diversification focusing on major investments in raw material industrialization, "producing quality goods of mass consumption....and in agriculture" - to efficiently address essential needs; and


-- investment in education, health care, jobs creation, and other essential areas for public well-being.


Twenty-first century socialism must achieve "solidarity at home" with the general welfare as top priority. "Above all, socialism is about social equality - in income, schools and hospitals....between (and within) classes" and achieving it by "effectively re-distribut(ing) wealth and property to all workers, white and black, Indian farmer and urban worker, men and women, and young and old."


Bernard Madoff: Wall Street Swindler Strikes Powerful Blows for Social Justice


Consummate insider Madoff's clients represented a who's who of high net worth individuals and institutions, including banks, pension funds, universities, charities, insurers, other money managers, synagogues, his Palm Beach Country Club, and prominent figures like Thyssen family members, Senator Frank Lautenberg, Jeffrey Katzenberg, Liliane Bettencourt (called the world's wealthiest woman), and many others - over 4000 in all now poorer for the experience.


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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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