Wednesday, September 17, 2008
Response to Re: Imperialism 101
In response to Alali’s post I too think that Parenti is on target when he exposes the realities of capitalism. Parenti is not torching America for its support of capitalism; he is trying to inform the general public of the inherent problems with capitalism. If anything he is trying to improve America through his critique. Studying economics has made me relatively aware of capitalism’s flaws and that rarely are there Pareto optimal situations (Pareto optimality refers to when no one is worse off and at least one person is better off). There are always losers to make winners in capitalism and I think that the Parenti passage brings this to our attention. Parenti is not attacking the United States, he is simply proving the age-old expression that you can’t have your cake and eat it too. As for the last two lines of Alali’s post, I feel like globalization and the growing interdependence of nations around the world is taking the blinders off the general public. Eventually no one will be too far away to forget about in this ever-shrinking world.
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