Wildcat Economics The Supramodern Shaking Uncontrollably
we are at war...
critical analysis
disemboweled poetry
street media
the movement
Search DU


Enter your email to receive DU's Dispatches from the Supramodern

Think Irresponsibly

Saturday, September 27, 2008

The Economist is a rag that I love to hate. In terms of international political affairs coverage it can’t be beat. In terms of its politics, I’m inclined to throw a Molotov Cocktail—a figurative one of course—into its editorial department.

The Molotov Cocktail would create less damage than the 160-plus years of its publication has created by helping decision makers, bureaucrats and those who hold the power of the purse think responsibly.

The recent “Think Responsibly” marketing campaign is crafty, The Economist logo on a bottle cap, with a play on the phase beaten into our heads with every booze ad, “Drink Responsibly” printed underneath. It’s very good, and I’m sure they’ve sold a few more papers by showing the world what makes neo-classical economists laugh.

By thinking responsibly The Economist has espoused an unquestioning free-market ideology that creates winners and losers of the most extreme degrees, and that calls any form of defense the loser takes a barrier to trade.

The losers may be Mexican maize farmers washed out of the market with freely traded U.S. subsidized corn, or U.S. steel workers cut out of the market by an undervalued Chinese currency.

While The Economist’s distinctly wry British wit is entertaining, it lacks unique and innovative insights.

The world yet again faces a crisis bred out of capitalist greed and neoliberal economic principles, and The Economist supports the $700 billion Wall Street bail out, but with no systemic reform.

I think it’s prime time for a little irresponsible thinking.

--Nico Rahim

Posted in: Wildcat Economics

Add to: Digg Add to: Del.icio.us Add to: Reddit Add to: StumbleUpon Add to: Slashdot Add to: Furl Add to: Yahoo Add to: Spurl Add to: Google Add to: Technorati Add to: Newsvine Add to: Ma.Gnolia



Wildcat Economics

nico rahim
oakland, california

 recent entries

arrowThink Irresponsibly
arrowWhy copyleft is right (and how commercialization is wrong)
arrowTwo points from Mexico: Integrating activism on both the points of production and consumption
arrowAnti-G8 Fallout: Learning from Past Actions in San Francisco: An Interview with Josh Wolf
arrowIt is hard to stand when your back is broken.
arrowDoing it for Daddy
arrowDivide & Conquer
arrowA Positive Failure: The end of the WTO Doha Round talks
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 License.