There is a danger that people will simply charge ahead unheeding, assuming that America’s economic problems will disappear, and clinging to the delusion that everything will be all right in the end since America is strong and “God is on our side.”
These costs are real and are not going away. You can’t continue to sweep them under the rug. Like your credit card bill, the costs only grow greater if you ignore them.
A new capitalism – brutal and conquering – is moving in. It’s the capitalism of a new category of vulture funds: private equity funds with the appetite of an ogre that command colossal amounts of capital.
The system is busted. That much is clear. Now many people are experimenting with alternatives. Roberto Mangabeira Unger has long been one of those on the cutting edge of fundamental reform. Finally he has the chance to change the course of history.
Net neutrality has become a rallying cry for a new generation of media activists. A new media democracy movement is spawning from these Big Telecom acts of aggression, and the movement is having a surprising level of success.