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6 years in, and a 40-year flashback

As has been widely noted, this past week marked the fifth anniversary of the Bush administration's unethical, immoral, and unwinnable war in Iraq. As the war enters its sixth bloody year, no end appears in sight. The fragile, fractious political situation in Iraq is no better now than it ever was. The public infrastructure is still shattered, with such basic necessities as electricity and potable water still widely unavailable in many regions of the country for more than a few hours a day. The so-called surge is stalled and its tenuous successes are failing to take hold. Everyday violence is still omnipresent, and the 3,000-year-old civilization of Iraq is still in shattered ruins. By any measure, George Bush's ill-advised Iraq adventure is an unqualified disaster.

Numerous comparisons have been made between the untenable situation in Iraq today and the equally untenable situation in Vietnam back in the 1960's. Not all of those comparisons are apt or accurate, but many of them are. America in the spring of 1968 was a very different place than it is in the spring of 2008, even though it's fundamentally unchanged in many ways today. Racial and political tensions were far higher then than they are today, with riots in the streets still in the news and bombings of banks and other public institutions still far too common for comfort. The assassinations of Martin Luther King and Bobby Kennedy were raw wounds in the shared psyche of America in 1968. And overseas, an endless war against amorphous insurgents continued to drain the hearts and minds and blood and treasure of our nation's best and brightest for the sake of a cause that no one could satisfactorily explain at home.


M. Loutre's picture

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Words to live by

Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes --indeed, deletes-- the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.

But most of the people who use the new designation --economists, in particular-- are innocent as to the effect. They see nothing wrong with their bland, descriptive terminology. They pay no attention to the important question: Whether money "wealth" accords a special power. (It does.) Thus the term innocent fraud.


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