Modern Fashion or Global Fascism?

Post-September 11, much remains the same. The recession that officially began in March of 2001 got a bit deeper. Globalization remains the defining trend. As before, the key operating principle that underlies the Washington/Wall Street consensus comes to this: “maximize financial returns and–trust us–everything will work out fine.” We’ve now got $17 trillion in the hands of U.S. money managers, invested with faith in that neoliberal premise.