- HOST: Eric Draitser
- GUEST: Laura Carlsen
- TOPICS: US strategic objectives in Latin America and economic contradictions in the US-Mexico relationship.
This Week on CounterPunch Radio
Americans are taught to revel in our power and supremacy. Over 650 major military bases span the whole world. We wage endless wars. American corporations are the most powerful economic organizations in history. The fusion of economic and military power makes our empire unlike any the world has ever seen.
I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment. In other words, capitalists make profits because their costs are externalized and born by others. In the US, society and the environment have to pick up the tab produced by capitalist activity.
In the past when critics raised the question about external costs, that is, costs that are external to the company although produced by the company’s activities, economists answered that it was not really a problem, because those harmed by the activity could be compensated for the damages that they suffered. This statement was intended to reinforce the claim that capitalism served the general welfare. However, the extremely primitive nature of American property rights meant that rarely would those suffering harm be compensated. The apologists for capitalism saved the system in the abstract, but not in reality. More
It’s impossible to promote single payer and defend Obamacare at the same time. It’s impossible to have a credible unity tour between Bernie Sanders and Tom Perez. It’s impossible to call yourself a populist a defend a law written by insurance industry lobbyists.
Let’s start with the so-called unity tour just completed with Sanders and Perez. Crowds came out to see single payer Sanders and boo corporate Obamacare Perez. More
Exclusively in the New Print Issue of CounterPunch
In this issue: Dan Glazebrook explains why Trump’s alliance with Russia may increase the odds of a war on Iran. The End of Diplomacy? Former CIA analyst Mel Goodman provides a field guide to Trump’s cabinet. Fukushima, Still Melting: John LaForge on the 6-year long crisis at the ruined Fukushima nuclear site; Refugees vs. Climate Change: Ben Debney on real and manufactured crises. The New Latin American Feminism by Laura Carlsen. The ICEmen Cometh by Jeffrey St. Clair. Organizing on the Border by Kent Paterson. Inside Steve Bannon’s Brain by Chris Floyd. What Does the Left Want? by Yvette Carnell. Catalonia Rising by Daniel Raventos and Julie Wark. Who Profits From Rate-Tweaking? by Mike Whitney. From Sea to Dying Sea by Lee Ballinger. Breakdown at the Oscars by Ed Leer.