[Peace-discuss] After 50 years: MLK defeated by neoliberalism, not racism

[C. G. Estabrook]

<democracyatwork>, not wok: the only cooking is metaphorical.


On Aug 28, 2013, at 9:31 AM, "C. G. Estabrook" <carl at newsfromneptune.com> wrote:

> From Richard Wolff's <democracyatwok.info>
> 
> <marchon3.1.png>
> August 28, 2013
> March on Washington
> The 1963 March on Washington deserves an honest 50th anniversary. Did it reach its goals? Are we there yet? The March demanded a decent, livable wage for all Americans as a way to reduce income and social as well as racial inequality. It made that noble goal real and legitimate to millions, but it remains unachieved. The decades since show a steady decline in the share of national income going to the lower 90 percent of American households. Besides earning a falling share of the national income, most Americans have and keep accumulating unsustainable debts. The American Dream that their parents' and grandparents' generations fought for slips ever further out of reach.
> 
> Martin Luther King understood that his dream, like the aims of the 1963 March, was blocked by an economic system that had to be changed. That's what brought him finally to Memphis.
> 
> Today that economic system again fails us. It has plunged most Americans into economic crisis since 2007. Ironically, the crisis cuts so deep and lasts so long because Americans earn too little, cannot borrow much more, and so cannot spend enough.
> 
> <marchon1.png>
> Meanwhile, the richest 10 percent and large corporations hoard trillions they do not invest because people aren't spending enough.
> 
> Dr. King grasped that contradiction. Overcoming it requires profound change. The 1963 March took a step toward that end. Our history since then teaches the need for more steps. That is what we are doing and why we ask for your support. Much progress has been made and many hurdles have been overcome. Together, we can cooperatively address the economic impediments to our shared dream.
> 
> Please visit our Take Action page, which has suggestions for how to get more out of our work by being involved, and how you can support our efforts with a donation. Your generous support is the lifeblood that allows us to keep building a movement through our radio programs, websites, blogs, books, and events.
> 
> Thank you!
> 
> 
> 
> 
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