Hillary Clinton and the Phoniness of Identity Politics
Submitted by gjohnsit on Tue, 09/27/2022 - 11:15amGiorgia Meloni is set to become Italy’s first female prime minister, and Hillary Clinton thinks that this a good thing for women.
Giorgia Meloni is set to become Italy’s first female prime minister, and Hillary Clinton thinks that this a good thing for women.
“The moment you doubt whether you can fly, you cease for ever to be able to do it.”
― J. M. Barrie, Peter Pan
Italy's political crisis has everyone's attention, as well it should.
But there are other crises building in Europe that shouldn't be ignored, such as Italy's banking system.
This isn't the first time democracy and capitalism have clashed, but rarely has it been so obvious and with such high stakes. This is late stage capitalism, and the mask is off.
We need to understand what the liberals already know but are unwilling to admit publicly; liberalism is in a deep crisis. The liberal wing of the ruling class has caught itself on the horns of a dilemma.
On the one hand, the Liberals serve the interests of capitalism, in that sense the shift from Keynesian Liberalism to Neoliberalism comes about due to the economic crisis following the demise of Keynesianism due to stagflation in the 1970s.
What does it mean? Potentially it could dwarf Brexit.
Few people outside of the financial media are talking about it, but Italy's banks are virtually bankrupt.
This evening's music features Chicago blues harmonica player Big Walter Horton.