Friday READ – 26 September 2014
Posted by greydogg, 99GetSmart
* CHRIS HEDGES: THE COUP D’ ETAT IS OVER, THE CORPORATIONS WON
Chris Hedges talks with the libertarians at ReasonTV about capitalism, from Aristotle to AIG.
VIDEO @ http://youtu.be/61ZjXsDKDHQ
* INSIDE THE KOCH BROTHERS’ TOXIC EMPIRE
By Tim Dickinson, Rolling Stone
Together, Charles and David Koch control one of the world’s largest fortunes, which they are using to buy up our political system. But what they don’t want you to know is how they made all that money
The enormity of the Koch fortune is no mystery. Brothers Charles and David are each worth more than $40 billion. The electoral influence of the Koch brothers is similarly well-chronicled. The Kochs are our homegrown oligarchs; they’ve cornered the market on Republican politics and are nakedly attempting to buy Congress and the White House. Their political network helped finance the Tea Party and powers today’s GOP. Koch-affiliated organizations raised some $400 million during the 2012 election, and aim to spend another $290 million to elect Republicans in this year’s midterms. So far in this cycle, Koch-backed entities have bought 44,000 political ads to boost Republican efforts to take back the Senate.
What is less clear is where all that money comes from. Koch Industries is headquartered in a squat, smoked-glass building that rises above the prairie on the outskirts of Wichita, Kansas. The building, like the brothers’ fiercely private firm, is literally and figuratively a black box. Koch touts only one top-line financial figure: $115 billion in annual revenue, as estimated by Forbes. By that metric, it is larger than IBM, Honda or Hewlett-Packard and is America’s second-largest private company after agribusiness colossus Cargill. The company’s stock response to inquiries from reporters: “We are privately held and don’t disclose this information.”
But Koch Industries is not entirely opaque. The company’s troubled legal history – including a trail of congressional investigations, Department of Justice consent decrees, civil lawsuits and felony convictions – augmented by internal company documents, leaked State Department cables, Freedom of Information disclosures and company whistle-blowers, combine to cast an unwelcome spotlight on the toxic empire whose profits finance the modern GOP. […]
* AGE OF IGNORANCE
By Charles Simic, NYRBlog
Widespread ignorance bordering on idiocy is our new national goal. It’s no use pretending otherwise and telling us, as Thomas Friedman did in the Times a few days ago, that educated people are the nation’s most valuable resources. Sure, they are, but do we still want them? It doesn’t look to me as if we do. The ideal citizen of a politically corrupt state, such as the one we now have, is a gullible dolt unable to tell truth from bullshit.
An educated, well-informed population, the kind that a functioning democracy requires, would be difficult to lie to, and could not be led by the nose by the various vested interests running amok in this country. Most of our politicians and their political advisers and lobbyists would find themselves unemployed, and so would the gasbags who pass themselves off as our opinion makers. Luckily for them, nothing so catastrophic, even though perfectly well-deserved and widely-welcome, has a remote chance of occurring any time soon. For starters, there’s more money to be made from the ignorant than the enlightened, and deceiving Americans is one of the few growing home industries we still have in this country. A truly educated populace would be bad, both for politicians and for business.
It took years of indifference and stupidity to make us as ignorant as we are today. Anyone who has taught college over the last forty years, as I have, can tell you how much less students coming out of high school know every year. At first it was shocking, but it no longer surprises any college instructor that the nice and eager young people enrolled in your classes have no ability to grasp most of the material being taught. Teaching American literature, as I have been doing, has become harder and harder in recent years, since the students read little literature before coming to college and often lack the most basic historical information about the period in which the novel or the poem was written, including what important ideas and issues occupied thinking people at the time. […]
* HOW POLITICS MAKES US STUPID
By Erza Klein, Vox
There’s a simple theory underlying much of American politics. It sits hopefully at the base of almost every speech, every op-ed, every article, and every panel discussion. It courses through the Constitution and is a constant in President Obama’s most stirring addresses. It’s what we might call the More Information Hypothesis: the belief that many of our most bitter political battles are mere misunderstandings. The cause of these misunderstandings? Too little information — be it about climate change, or taxes, or Iraq, or the budget deficit. If only the citizenry were more informed, the thinking goes, then there wouldn’t be all this fighting.
It’s a seductive model. It suggests our fellow countrymen aren’t wrong so much as they’re misguided, or ignorant, or — most appealingly — misled by scoundrels from the other party. It holds that our debates are tractable and that the answers to our toughest problems aren’t very controversial at all. The theory is particularly prevalent in Washington, where partisans devote enormous amounts of energy to persuading each other that there’s really a right answer to the difficult questions in American politics — and that they have it.
But the More Information Hypothesis isn’t just wrong. It’s backwards. Cutting-edge research shows that the more information partisans get, the deeper their disagreements become. […]