Send a Tweet
Most Popular Choices
Share on Facebook 7 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds    H1'ed 6/23/10

America Can't Solve Crises Because It's a Company-Owned Town

By       (Page 1 of 3 pages) (View How Many People Read This)   6 comments
Author 4053
Message Glen Ford
Become a Fan
  (35 fans)


crossposted from the Black Agenda Report


"The overlapping American mega-crises of Katrina, the Crash of 2008, the Great Gusher in the Gulf are 'both the products and the illuminators of the wholly corrupt relationship' between Capital and government."

The United States can no longer engage effectively in "nation-building" in the one place on Earth it has a right and duty to do so: at home. These are the lessons of the 2010 Gulf oil catastrophe, the 2008 financial meltdown and the 2005 Katrina horror disasters that history will rightfully conflate as symptomatic of the fundamental crisis of the rule of Capital. The U.S. has become a company town of speculative and extraction enterprises whose social and physical geography the rulers relentlessly appropriate, monetize and despoil - all with obscene abandon.

At the core of the100 or so activists that gathered in New Orleans for an Emergency Summit to Stop the Gulf Oil Catastrophe, last weekend, were veterans of the ravages of Disaster Capitalism following Hurricane Katrina. They had seen up close how Capital and its servants at all levels of government organized themselves as a public-private mob to drive Black and poor people from the city. They were witnesses to the crafting of a corporate consensus that the exiled poor should have no rights that conflicted with the imperatives of Capital no right to return, no right to reclaim their lives, no rights that cannot be superseded by the claims and ambitions of the oligarchs. They had watched as finance Capital's urban gentrification agenda was near-instantaneously put on fast-forward in New Orleans to ensure the permanent purging of the poor. A kind of perverse anthem seemed to rise from each corporate celebration of the city's imminent and profitable rebirth: "Free the land of Black people!"

"The U.S. has become a company town of speculative and extraction enterprises whose social and physical geography the rulers relentlessly appropriate, monetize and despoil."

Now the land and bayous and sea are made hostile to all life by the depraved indifference of voracious extractors who monetized, securitized and derivitaized the Gulf's most deeply buried oil deposits years before the accursed Deepwater Horizon rig made its last, fatal thrust. The super-deep reservoirs of the Gulf were sold and their oil futures already leveraged to finance yet more assaults on man and nature, even before President Obama's flip-flop on off-shore drilling in August, 2008, when he had the Democratic nomination in the bag.

Next Page  1  |  2  |  3

 

Must Read 2   Well Said 2   Valuable 2  
Rate It | View Ratings

Glen Ford Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Glen Ford is aveteran of Black radio, television, print and Internet news and commentary. He is executive editor of BlackAgendaReport.com and was co-founder of BlackCommentator.com.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Why Barack Obama is the More Effective Evil

We Are Cornered: There's No Way Out Without A Fight

Talking Peace and Justice with Ahmadinejad

#BlackLivesMatter: Chat Partners with Hillary

The 1% Will Earn the People's Hatred

Americans Are Deeply Involved In Afghan Drug Trade

To View Comments or Join the Conversation: