Monday, March 23, 2009
Chris Hedges in an interview with Marc's Red Room
“Either we learn to live with severe limitations and change our life style, or we continue to exist in a culture of illusion”, says Chris Hedges in an interview with Marc’s Red Room.
Basically, he argues that an attempt to resurrect a financial system that was based on borrowing and consumption is utter lunacy. No matter how much money is pumped into the financial institutions, they can never be saved because; it’s build around a false economy. It’s an economy of consumption! He further argues that, Obama is no different then Bush in many ways as he surrounded himself with the same guys who got us into this mess, in the first place.
I like Chris Hedges a lot and follow his articles on Mondays in the award winning blog TruthDig.com regularly….
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5 Comments:
I read that Starbuck's is presenting lower priced coffees on its menu.
The idea of releasing a movie called The Shopaholic now, seems like a cruel joke.
i hope we are getting to a new era. in fact, any reasonable one could see that there was something severely wrong with the system. but yet, the system was too powerful and could easily supress the criticism.
yet, things seem to be changing.
Renegade Eye: All I can say is "It's about time Starbucks reduced their coffee prices"! :)
Super hero: let's hope for things to be changing. But I am not quite optimistic as you.... I am a sceptic at heart... :)
Its interesting, because normally I do not agree with Chris Edges because he so focuses on the doom and gloom of everything. In this interview, I do agree with him on many things. I do believe that we can not really sustain our lifestyles that we all have grown accustomed to unfortunately. Whats scary is that we can not sustain this lifestyle for all the developing countries that sees ours and want it too.
However, the problem that I always have with Chris is that he never really presents solutions. What is his solution to the collapsing banks? Let them go? Watch our entire financial sector wipe out over night and have chaos and poverty tomorrow? Or, do what Obama is doing - pump some artificial life into the economy and then try to talk everybody down from their 3 car garage high?
mberkmen: I agree with you in that, Chris has a way of looking at the issue at hand with a negative tone. Nevertheless, that does not diminish his words or make it incorrect.
He does not paint a rosy picture that is for sure... :) But honestly, is there anything rosy about what is happening with the economy right now... a big fat NO!
Every economist, analyst, journalist is giving solutions to the current problem... I am confused as hell.... Aren't you?
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