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Inside the New Print Edition of Our Subscriber-Only Newsletter!
How the Press Gave Madoff Four More Years to Steal His Billions
It’s one of the greatest and most shameful failures in the history of journalism. In the new edition of our newsletter Eamonn Fingleton traces how the Wall Street Journal was handed a precise outline of Madoff’s Ponzi scheme in 2005 and sat on it. The New York Times also passed on chances to nail Madoff. Thousands, poor as well as rich, lost their life savings in consequence. Read Fingleton on how the watchdogs of the Fourth Estate took good care to snooze in their kennels. ALSO in the new edition, Paul Craig Roberts concludes the shortest, sharpest outline of economics ever written with a brilliant essay on the economics of a full, green world. Get your new edition today by subscribing online or calling 1-800-840-3683 Contributions to CounterPunch are tax-deductible. Click here to make a donation. If you find our site useful please: Subscribe Now! CounterPunch books and gear make great presents.
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Today's Stories February 20 / 22, 2009 Paul Craig Roberts February 19, 2009 Norman Finkelstein Harry Browne Robert Bryce Brian M. Downing Fred Gardner Andy Worthington Wajahat Ali Laura Carlsen Deb Reich Christopher Ketcham Website of the Day February 18, 2009 Paul Craig Roberts Mike Whitney M. Shahid Alam Patrick Cockburn Conn Hallinan Dave Lindorff Rannie Amiri Gareth Porter Eric Hobsbawm Christopher Brauchli Martha Rosenberg Website of the Day February 17, 2009 Michael Hudson Mike Whitney Ralph Nader Joanne Mariner John Ross Belén Fernández Mats Svensson David Macaray Gregory Vickrey M. Junaid Levesque-Alam Michael Dickinson Website of the Day February 16, 2009 Patrick Cockburn Oscar Guardiola-Rivera Paul Craig Roberts Uri Avnery P. Sainath Dedrick Muhammad / Michael Brown Carla Blank Patrick Irelan Dan Bacher Fidel Castro Harvey Wasserman Website of the Day February 13 - 15, 2009 Alexander Cockburn Joshua Frank Mike Whitney George Ciccariello-Maher Nikolas Kozloff Brian M. Downing Paul Craig Roberts Christopher Ketcham Ron Jacobs Dave Lindorff Alan Maass Chuck Spinney Phil Gasper Stephen Lendman Charles Thomson Kathy Sanborn Saul Landau Len Wengraf Harvey Wasserman David Macaray Tom Stephens Seth Sandronsky David Yearsley Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend February 12, 2009 P. Sainath Jean Bricmont Michael Hudson Peter Lee Dave Lindorff February 11, 2009 Neve Gordon Peter Morici Andy Worthington Marjorie Cohn Fred Gardner Niranjan Ramakrishnan Zoe Blunt Belén Fernández Martha Rosenberg Website of the Day Blues of the Day
February 10, 2009 Kathy Kelly Nikolas Kozloff Uri Avnery Michael J. Berg Russell Mokhiber Joe Bageant Gareth Porter Dave Lindorff Rannie Amiri Harvey Wasserman Niranjan Ramakrishnan Website of the Day February 9, 2009 Vicente Navarro Paul Craig Roberts Julio Sanchez / National Lawyers Guild Jonathan Cook Alana Smith Binoy Kampmark Sam Bahour Nicole Colson Ron Jacobs Website of the Day February 6-8, 2009 Alexander Cockburn Ishmael Reed James Abourezk William Blum Patrick Cockburn Henry A. Giroux Manuel Garcia, Jr. Mouin Rabbani David Yearsley Saul Landau Jules Rabin Raymond J. Lawrence Janette Habel Dave Lindorff Missy Beattie Dale Gieringer John Ross Richard Rhames Bob Wing Robert Bryce David Macaray James L. Secor Jason Flom / Norm Kent Kim Nicolini Lorenzo Wolff Poets' Basement Website of the Weekend February 5, 2009 Michael Mandel Saul Landau / Ralph Nader Robert Bryce Russell Mokhiber Sameh Habeeb / Dave Lindorff Carmelo Ruiz-Marrero George Ochenski Website of the Day February 4, 2009 Arno J. Mayer Paul Craig Roberts Patrick Cockburn Jonathan Cook Fred Gardner Stan Cox Margaret Kimberley Lawrence Velvel Dave Lindorff Doug Giebel Serge Quadruppani Website of the Day February 3, 2009 David Price Bill Moyers Kirkpatrick Sale Conn Hallinan Peter Morici George Ciccariello-Maher Muhammad Idrees Ahmad Allan Nairn Norman Solomon David Macaray Website of the Day February 2, 2009 Uri Avnery Ralph Nader Gareth Porter Paul Craig Roberts Harvey Wasserman Rannie Amiri Cal Winslow Steve Early Alan Farago Diane Farsetta January 30 / February 1, 2009 Alexander Cockburn Michael Hudson Ismael Hossein-Zadeh Dave Lindorff Saul Landau Andy Worthington Subcomandante Marcos Robert Jensen Ron Jacobs Gareth Porter Allan Nairn Laura Carlsen Rev. William E. Alberts Christopher Brauchli Jules Rabin Col. Dan Smith Missy Beattie Tom Barry J. Michael Cole Manuel Garcia, Jr. Dan Bacher David Rosen Don Monkerud Binoy Kampmark Lorenzo Wolff David Yearsley Poets' Basement January 29, 2009 Peter Linebaugh Paul Craig Roberts Riz Khan M. Reza Pirbhai Wajahat Ali Gregory Vickrey Dina Jadallah-Taschler Alison Weir Alan Farago Walter Brasch Website of the Day
January 28, 2009 Norman Finkelstein Noam Chomsky Patrick Cockburn Rob Larson George Wuerthner Allan Nairn M. Junaid Stefan Simanowitz Charles R. Larson Website of the Day January 27, 2009 Winslow T. Wheeler Yigal Bronner / Joshua Frank Jordan Flaherty Ralph Nader Rev. José M. Tirado Benjamin Dangl Russell Mokhiber Martha Rosenberg C. G. Estabrook Website of the Day January 26, 2009 Paul Craig Roberts Deepak Tripathi Vijay Prashad Peter Lee Allan Nairn Uri Avnery John Sayen Dave Lindorff Lawrence R. Velvel David Macaray Roger Burbach Norman Solomon Website of the Day January 23 / 25, 2009 Alexander Cockburn P. Sainath Patrick Cockburn Saul Landau Sasan Fayazmanesh Alan Farago Christopher Brauchli Andy Worthington Ron Jacobs Lawrence Velvel Henry A. Giroux David Yearsley Raymond F. Gustavson Dave Lindorff Roberto Rodriguez Dina Jadallah-Taschler Fidel Castro J. Michael Cole Bob Fitrakis / Ramzy Baroud Mohammad Ali Shabani Richard Rhames Stephen Martin Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend January 22, 2009 Paul Craig Roberts Kathy Kelly Allan Nairn Lawrence Velvel Andy Worthington Peter Morici Joseph G. Davis Adriana Kojeve Benjamin Dangl Website of the Day January 21, 2009 Gabriel Kolko Harry Browne Michael Colby Lawrence R. Velvel Audrey Stewart Wajahat Ali Binoy Kampmark David Kεr Thomson John Ross Allan Nairn Sheldon Richman Website of the Day January 20, 2009 Chuck Spinney Kathy Kelly Raymond Deane Ralph Nader Audrey Stewart Jonathan Cook Harvey Wasserman Christopher Ketcham Robert Jensen Dave Lindorff David Macaray |
Weekend Edition A Hollow Message of Social JusticeSlumdog Millionaire's Dehumanizing View of India's PoorBy MITU SENGUPTA Slumdog Millionaire, one of the most celebrated films of recent times, tells the rags-to-rajah story of a love-struck boy, Jamal, who, with a little help from “destiny,” triumphs over his wretched beginnings in Mumbai’s squalid slums. Riding on a wave of rave reviews, Slumdog is now poised to win Hollywood’s highest tribute, the Academy Award for Best Picture. This honour could add some US$100 million to Slumdog’s box-office revenues, as Oscar wins usually do. But it will also enhance the film’s already-robust reputation as an authentic representation of the lives of India’s urban poor. So far, most of the awards collected by the film have been accepted in the name of “the children,” suggesting that its own cast is promoting it not as an entertaining, cinematically spectacular work of fiction, which it is, but as a powerful tool of advocacy. Nothing could be more worrying, as Slumdog, despite all hype to the contrary, delivers a disempowering narrative about the poor that renders hollow its apparent message of social justice. Many Indians are angered by Slumdog because it tarnishes their country’s image as a rising economic power and beacon of democracy. While understandable, this is not defensible. Though at times embarrassingly contrived, most of the film’s heartrending scenarios reflect a sad, but well-documented reality. Torture is not unheard of among the police, though none is surely dim enough to target an articulate man who is also a rising media phenomenon. Beggar-makers do round-up abandoned children and mutilate them to make them more sympathetic, though such a child will unlikely ever chance upon a $100 bill, much less be capable of identifying it by touch alone. If anything, Boyle’s magical tale, with its unconvincing one-dimensional characters and absurd plot devices, understates the depth of suffering among India’s poor. It is impossible, for example, that Jamal would emerge from his ravaged life with a dewy complexion and upper-class accent. The real problem with Slumdog, however, is not its shallow portrayal of poverty, but its minimizing of the capabilities and even basic humanity of those it claims to speak for. It is no secret that Slumdog is meant to reflect life in Dharavi, the vast sprawl of slums at the heart of Mumbai. The film depicts Dharavi as a feral wasteland, with little evidence of order, community or compassion. Other than the children, the no-one is even remotely well-intentioned. Hustlers and petty warlords run amok, and even Jamal’s schoolteacher is inexplicably callous. This is a place of sheer evil and decay. But nothing is further from the truth. Dharavi teems with dynamism, and is a hub of small-scale industries, whose estimated annual turnover is between US$50 to $100 million. Nor is Dharavi bereft of governing structures and productive social relations. Residents have built strong collaborative networks, often across potentially volatile lines of caste and religion. Many cooperative societies work together with NGOs to provide residents with essential services such as basic healthcare, schooling and waste disposal, often compensating for the formal government’s woeful inadequacy in meeting their needs. Although these under-resourced organizations have touched only the tip of the proverbial iceberg, their efforts must be acknowledged, along with the fact that slum-dwellers, despite their grinding poverty, have lives of value and dignity, and a resourcefulness that stretches far beyond the haphazard, individualistic survival-of-the-fittest sort shown in Slumdog. In the end, Slumdog presents a profoundly dehumanizing view of the poor, with all its troubling political implications. Since there are no internal resources, and none capable of constructive voice or action, all “solutions” must arrive externally. After a harrowing life in an anarchic wilderness, salvation finally comes to Jamal in the form of an imported quiz-show, which he succeeds in thanks only to “destiny.” Must other unfortunates, like the stoic Jamal, patiently await their own destinies of rescue by a foreign hand? While this self-billed “feel good movie of the year” may help us “feel good” that we are among the lucky ones on earth, it delivers a patronizing, colonial and ultimately sham statement on social justice for those who are not. Mitu Sengupta, Ph.D. is an Assistant Professor in the Department of Politics & Public Administration at Ryerson University in Toronto. She can be reached at mitu.sengupta@gmail.com
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