Did she say “revolution”?

Naomi Klein speaks at the National Conference on Media Reform:

Now I want to return to another moment of profound crisis, after the market crash of 1929, that was the moment that created the new deal. Now it didn’t happen because FDR was a great guy. It happen because people in this country were so radicalized, so determined, so organized that he was able to sell the New Deal to the elites as a compromise because the alternative was Revolution.

Matt Taibbi writes about the 2009 financial crisis:

And all this happened at the end of eight straight years devoted to frantically chasing the shadow of a terrorist threat, eight years spent stopping every citizen at every airport to search every purse, bag, crotch and briefcase for juice boxes and explosive tubes of toothpaste. Yet in the end, our government had no mechanism for searching the balance sheets of companies that held life-or-death power over our society.

Then he says something interesting about democracy, education, and revolution as a two way street:

By creating an urgent crisis that can only be solved by those fluent in a language too complex for ordinary people to understand, the Wall Street crowd has turned the vast majority of Americans into non-participants in their own political future. There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power. In the age of the CDS and CDO, most of us are financial illiterates. By making an already too-complex economy even more complex, Wall Street has used the crisis to effect a historic, revolutionary change in our political system — transforming a democracy into a two-tiered state, one with plugged-in financial bureaucrats above and clueless customers below.

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One Response to “Did she say “revolution”?”

  1. Uncollected99 Says:

    I had to laugh when reading this part:

    “Yet in the end, our government had no mechanism for searching the balance sheets of companies that held life-or-death power over our society.”

    What about all the trillions spent on all the wars around the world, did they solve anything, did they make the world a safer and free place?

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