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Tuesday, July 25, 2006 |
A few weeks ago I excerpted the Harper's article about Wal-Mart for you.
Breaking the Chain is now available completely.
The essay is essential for a full understanding of the neocon monopoly drive. What holds true for the national American economy also applies internationally.
"But what should concern us today even more is a mirror image of monopoly called 'monopsony'. Monopsony arises when a firm captures the ability to dictate price to its suppliers, because the suppliers have no real choice other than to deal with that buyer.
The ultimate danger of monopsony is that it deprives the firms that actually manufacture products from obtaining an adequate return on their investment. In other words, the ultimate danger of monopsony is that, over time, it tends to destroy the machines and skills on which we all rely."
11:48:18 AM 
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When criminals have grabbed power, one of their priorities is getting a grip on the media and suppressing criticism and proof of their wrongdoing.
Spotlight: "Israel has issued new censorship guidelines banning reporting of the 'use of unique kinds of ammunition and weaponry' in Lebanon.
This comes amid reports that Israel is using chemical weapons against civilians in Lebanon."
Observer: "Tony Blair flies to California this week to address the annual get-together of News Corporation - led by one Rupert Murdoch. From Europe to broadcasting, terrorism to the direction of the nation, what is the truth about one of the most intriguing relationships in British public life?
The fortunes of New Labour and News Corp have always been entwined, but just how closely is now emerging. The Observer can reveal the extraordinary efforts Blair and Murdoch make to conceal their relationship, even arranging clandestine meetings abroad because the tycoon regarded Downing Street as too public. Also clear for the first time is the belief among senior aides that Blair would have held a referendum on the euro had it not been for the Eurosceptic Murdoch newspapers."
Scotsman: "Police could be forced to shoot members of the public to maintain order in the event of a terrorist 'dirty bomb' or biological attack on Britain, it was claimed yesterday.
The Police Federation annual conference in Blackpool was told that so few officers have been trained to deal with a chemical, biological, nuclear or radiological strike that they would have to resort to 'very unsavoury but necessary' crowd control."
Which only means that in a similar attack the police would shoot victims without knowing for sure whether they are contaminated or not, as there is no time to check first.
NYTimes: "The American Bar Association said Sunday that President Bush was flouting the Constitution and undermining the rule of law by claiming the power to disregard selected provisions of bills that he signed."
11:27:37 AM
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