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The One Percent Blues

The One Percent Blues
Fri, 9/6/2013 - by Anthony Haden-Guest
This article originally appeared on Creative Time Reports

The hugely rich have always been with us, of course, but now it’s… different. When wealth was generated by land, trade and manufacturing, everybody lived in the same world—though some in nicer parts of it than others. But now that dull “real” world has been magicked into a wondrous VIP Room where insiders play games like arbitrage and asset stripping – Hello, Bain! – while trafficking in financial instruments referred to by acronyms, and so arcane that some of their users apparently understand them only dimly. There have, of course, always been traders that bet on failure—the corner pawn shop, for one—but they were small stuff. Today, mighty empires are built from disaster and debt.

But, hey, the players say they feel “unloved”—persecuted by grungy taxpayers and snippy regulators? Woe is us! Hence this lament.

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Their tactics to force construction of data centers even against significant opposition from local communities have become increasingly forceful and hostile.

Whether Republicans want to be the party of Christianity or the party of worshipping false idols is a question they’ll have to seriously reckon with very soon, unless they want the American electorate to speak for them.

“Storytelling teaches not through instruction, but through imagination and example,” says the Sami artist Máret Ánne Sara. “These stories don’t provide direct answers, but rather the ethical tools to navigate and sustain the world.”

Republicans’ fate in the 2026 midterms is likely sealed. But they could be out of power for multiple subsequent election cycles if Democrats are smart.

In November, Indigenous protests in London included the launch of “Bringing It All Back Home,” confronting corporate power head-on.

Republicans’ fate in the 2026 midterms is likely sealed. But they could be out of power for multiple subsequent election cycles if Democrats are smart.

Posted 1 month 6 days ago

Whether Republicans want to be the party of Christianity or the party of worshipping false idols is a question they’ll have to seriously reckon with very soon, unless they want the American electorate to speak for them.

Posted 1 month 6 days ago

Their tactics to force construction of data centers even against significant opposition from local communities have become increasingly forceful and hostile.

Posted 6 days 17 hours ago

“Storytelling teaches not through instruction, but through imagination and example,” says the Sami artist Máret Ánne Sara. “These stories don’t provide direct answers, but rather the ethical tools to navigate and sustain the world.”

Posted 1 month 6 days ago