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April 10, 2026
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"âThe fundamental flaw of Pollockâs narrative is that it hinges entirely on the exact reverse of the âNordicâ notion. This reversal, which provides the basis for the âfounding mythâ of the entire discourse machinery he set in motion, is enshrined in the grotesque proposition that âthe Germans⌠continued, however subliminally, to hold the nineteenth-century conviction that the origin of European civilization was to be found in India (or at least that India constituted a genetically related sibling)â (1993:77) Even to the Romantic period [end of 18th, early 19th century, when this notion was upheld by Johann Herder], this assertion only holds with considerable qualifications (âŚ) To make it the basis for theorizing any aspect of the NS period is rendered absurd by the above-mentioned texts aloneâ."
"Wilhelm Halbfass, the late Indologist at the University of Pennsylvania, took such ridiculous statements into strange, speculative areas and wrote: Would it not be equally permissible to identify this underlying structure as 'deep Nazism' or 'deep Mimamsa'? And what will prevent us from calling Kumarila and William Jones 'deep Nazis' and Adolf Hitler a 'deep Mimamsaka'?"
"One of his [Pollock's] goals is to critique and expunge what he sees as deeply entrenched static social hierarchies, barbarisms and poisons. I do not see anything inherently wrong with this intention by itself; most Hindus welcome improvements and the evolution of their culture. The issue worth debating is that Pollock sees these ills as deeply rooted in the Vedas themselves and as requiring the abandonment of core metaphysical and sacred perspectives."
"âAs was the case with the 1933/34 volume and Rhys Davidsâs paper of 1904, none serve to corroborate Pollockâs presumptions. The same holds for recent evidence-based studies that in any way pertain to such issues [âŚ], all of which confirm that Pollockâs deep ruminations on âthe political economy of Indology in Germany in the period 1800â1945â (1993: 118n5) are entirely unfounded. Nevertheless, his attendant admonition that this is an âimportant questionâ awaiting âserious analysisâ (118n5) has become a kind of gospel, recited by others [âŚ] with increasing confidence, but with very little to show as yet in terms of substantiation. Yet, all this while, dozens of âhistories of German Indologyâ are built on theâstill unfulfilledâpromises of that gospel.â"
"We may in fact characterize the ideological effects of the shastric paradigm more broadly as follows: First, all contradiction between the model of cultural knowledge and actual cultural change is thereby at once transmuted and denied; creation is really re-creation, as the future is, in a sense, the past. Second, the living, social, historical, contingent tradition is naturalized, becoming as much a part of the order of things as the laws of nature themselves: Just as the social, historical phenomenon of language is viewed by MÄŤmÄášsÄ as natural and eternal, so the social dimension and historicality of all cultural practices are eliminated in the shastric paradigm. And finally, through such denial of contradiction and reification of tradition, the sectional interests of pre-modern India are universalized and valorized. The theoretical discourse of ĹÄstra becomes in essence a practical discourse of power."
"Pattanaik makes a good observation when he writes that high-profile India-watching academics âneed to indulge Americaâs saviour complex if they need a share of the shrinking funding. The objective of the research needs to alleviate the misery of some victim and challenge a villain. And so, Doniger will provide evidence of how Puranic tales reinforce Brahmin hegemony, while Pollock will begin his essays on Ramayana with reference to Babri Masjid demolition, reminding readers that his paper has a political, not merely a theoretical, purpose.â... Sheldon Pollock, a very good Sanskritist at least in a purely linguistic sense, is more explicitly involved with the anti-Hindu discourse promoted in India by the missionaries and the Ambedkarites, and their first line of attack, the âsecularistsâ. He has pioneered some valid insights into the Sanskrit âcosmopolisâ, which did not oppress vernacular languages from Gandhari to Javanese but fruitfully coexisted with them to their mutual benefit. But at the same time, he has helped greatly in belittling and politicizing the Ramayana and in promoting the âHinduism bad, Buddhism goodâ thesis. This is not very original, in fact it is only a sophisticated formulation of widely-held views. ... But in this discourse of hate, which instrumentalizes Buddhism as a bludgeon to beat Hinduism with, Pollock has gone farther than all others. In 1993 he published a paper arguing that Hinduism (particularly the Mimansa school, Brahminical par excellence) sits at the centre of Nazi doctrine. Yes, it is long ago, and partly explainable from the war psychology emanating from the Ayodhya controversy, in which he explicitly sided with the negationist school denying Islamâs well-documented destructive role in Hindu history. But he has never retracted this position and has remainthis position and has remainthis position and has remained a leading voice in anti-Hindu and anti-Brahmin discourse.... âBeing placed on a high pedestal is central to both strategies. Criticism also evokes a similar reaction in both sides â they quickly declare themselves as misunderstood heroes and martyrs, and stir up their legion of followers. Doniger and Pollock have inspired an army of activist-academicians who sign petitions to keep âdangerousâ Indian leaders and intellectuals out of American universities and even American soilâ: Subramanian Swamy, Narendra Modi, and in similar controversies Rajiv Malhotra, the Dharma Civilization Foundation and others. Indeed, the Indological communityâs touching (occasional) concern for freedom of speech is not erga omnes... âDespite their deep knowledge of Hinduism, neither Elst nor Frawley, neither Doniger nor Pollock, believe in letting go and moving on, which is the hallmark of Hindu thought, often deemed as a feminine trait. Instead,... Doniger and Pollock keep reminding their readers that Hinduismâs seductive âspiritualityâ must at no point distract one from its communal and casteist truths.â"
"It is important for Pollock that Muslims not be blamed for the decline of Sanskrit. He writes that any theory 'can be dismissed at once' if it 'traces the decline of Sanskrit culture to the coming of Muslim power'. ... The contradiction between his two accounts, published separately, is serious: Muslim invasions created a traumatic enough shockwave to cause Hindu kings to mobilize the 'cult of Rama' and therefore the Hindus funded the production of extensive Ramayana texts for this agenda. And yet, the death of Sanskrit taking place at the same time had little relation to the arrival of Muslims. When Hindus are to be blamed for their alleged hatred towards Muslims, the Muslims are shown to have an important presence; but when Muslims are to be protected from being assigned any responsibility for destruction, they are mysteriously made to disappear from the scene."
"I am not alone in making this point. At least one European Indologist accuses Pollock of relocating Orientalism 'to the "New Raj" across the deep blue sea'... He [GrĂźnendahl] says Pollock's narrative 'is not an evidence-based study of Orientalism or Indology in Germany, but a sophisticated charge of anti-Semitism based largely on trumped-up "evidence".... Pollock's post-Orientalist messianism would have us believe that only late twentieth-century (and now twenty-first century) America is intellectually equipped to reject and finally overcome [âEurocentrismâ...] The path from the 'Deep Orientalism' of old to a new 'Indology beyond the Raj and Auschwitz' leads to the 'New Raj' across the deep blue sea.... Thus, GrĂźnendahl has noted Pollock's tendency to develop broad narratives without any supporting evidence. Moreover, he draws attention to Pollock's messianism in promoting American scholarship.... , casting doubt on Pollock's attempt to analyse Sanskrit objectively. He raises the pertinent question as to whether Pollock is providing the intellectual foundations for America's 'New Raj', to replace the dead British Raj - i.e., whether American imperialism is replacing the dead British imperialism."
"... there exist no good accounts or theorizations of the end of the cultural order that for two millennia exerted a trans-regional influence across Asia-South, Southeast, Inner, and even East Asia- that was unparalleled until the rise of Americanism and global English. We have no clear understanding of whether, and if so, when, Sanskrit culture ceased to make history; whether, and if so, why, it proved incapable of preserving into the present the creative vitality it displayed in earlier epochs, and what this loss of affectivity might reveal about those factors within the wider world of society and polity that had kept it vital."
"For one thing, Sanskrit literary culture was never affected by communicative incompetence, which began to enfeeble Latin from at least the ninth century. The process of vernacularization in India, in so many ways comparable to the European case, was nowhere a consequence of growing Sanskrit ignorance."
"The Veda, the transcendent ĹÄstra, subsumes all knowledge."
"âFrom among the complexities of NS analysis of the Urheimat question it is worth calling attention to the way the nineteenth-century view expressed by Schlegel was reversed: the original Indo-Europeans were now variously relocated in regions of the Greater German Reich; German thereby became the language of the core (Binnensprache), whereas Sanskrit was transformed into one of its peripheral, âcolonialâ forms.â"
"GrĂźnendahl cites many examples where Pollock and his defender Adluri manipulate quotations to make past authors witnesses for their accusations. I vaguely knew that Pollock was wrong in associating the OIT with National-Socialism, but not that he was so spectacularly wrong. His thesis is first of all that India was a central concern for the Nazis. This is put forward most emphatically (but only with bluff) by Pollock and, on his authority, generally taken for granted... The Nazi regimeâs favourite historian H.K.F. GĂźnther believed the homeland lay in Southeastern Europe. This was the reigning opinion in Europe, challenged only by some Nazis who insisted on Germany or Scandinavia as the homeland. All of them agreed that the Indo-European language family had only reached India through an Aryan invasion... Let us add that Marchand agrees to include among the Nazi Indologists Paul Thieme, the revered teacher of Michael Witzel; and he was, like his more militant pupil, a believer in the AIT."
"âIn German Indology of the NS era, a largely nonscholarly mystical nativism deriving ultimately from a mixture of romanticism and protonationalism merged with that objectivism of Wissenschaft earlier described, and together they fostered the ultimate âorientalistâ project, the legitimation of genocide.â"
"âThe Ĺg-Veda as an Aryan text âfree of any taint of Semitic contactâ; the âalmost Nordic zealâ that lies in the Buddhist conception of the marga [way]; the âIndo-Germanic religion-forceâ of yoga; the sense of race and the âconscious desire for racial protectionâ; the âvolksnahe kingshipâ such is the meaning of the Indo-Aryan past for the National Socialist present, a present that, for WĂźst, could not be understood without this past.â"
"âSuch voices ⌠in any case are pretty much in the minority. The dominant ideology is that which ascribes clear priority and absolute competence to shastric codification.â"
"There is nothing remarkable about the people in premodern South Asia having a clear and accurate conception of the spatial organization of their world."
"âHow, concretely, does one do Indology beyond the Raj and Auschwitz in a world of pretty well tattered scholarly paradigms?â"
"âAn example of this more sophisticated orientalism is the work of Paul Thiemeâ... esp. his âanalysis of the Sanskrit word Ärya, where at the end he adverts to the main point of his research: to go beyond India in order to catch the âdistant echo of Indo-germanic customsâ.â"
"âMoving beyond orientalism finally presupposes moving beyond the culture of domination and the politics of coercion that have nurtured orientalism in all its varieties, and been nurtured by it in turn.â"
"Pollockâs attempt to even link the Out-of-India Theory with the Nazi worldview is the diametrical opposite of the truth; it was the rivalling Aryan Invasion Theory (which Pollock himself upholds) that formed the cornerstone and perfect illustration of the Nazi worldview. This linking could only pass peer review because of the general animus against Hinduism and Indo-European indigenism in American academe. The whole forced attempt to associate Hinduism with National-Socialism suggests a rare animosity against Hinduism.... Yes, that is how the Nazis saw it because they were racist and anti-Semitic to begin with. But the knowledge of the Sanskrit tradition could add absolutely nothing to that. There was nothing in the Vedas themselves that suggested anti-Semitism, it was entirely in the eye of the beholder. .... But the objective finality of Pollockâs thesis is more specific, viz. to blacken the Indian homeland hypothesis by associating it with National-Socialism. Reality, however, is just the opposite: more even than other Europeans, the Nazis espoused and upheld a westerly homeland and the invasion hypothesis. This invasion happens to be a corner-stone of Pollockâs worldview, with invader castes guilty of expropriating and subjugating the natives, who became the lower castes. Hitler-Pollock, same struggle!... Pollockâs own enumeration of supposedly India-related activities usually confuses âIndianâ with âIndo-Europeanâ, i.e. âAryanâ or essentially âNordicâ. It is only by confusing those two that an impression of a NS orientation towards India can be created.... That is certainly the NS reading, but from a top Indologist, we might have expected an explanation of whether this was the Indiansâ own intended reading. He doesnât go into this question at all but confidently assumes an indubitably positive answer. To exonerate him, we might take this as merely a logical application of the Aryan invasion scenario, firmly established since the mid-19th century: the Aryans came in, met a different race of aboriginals, and imposed a racial Apartheid on them: the caste system. So, in a way, the case against Pollock is the case against Western Indology as a whole. ... The situation with allegations is simple: either you prove them, or you yourself are guilty of slander. This then can be held against Pollock: he has made a grave allegation, yet has failed to buttress it with proof, though not for lack of trying... The question which Hindus should contemplate, then, is this one. Should the Sanskrit tradition be given in care to a pofessor of Sanskrit who stands by such a grave though false allegation against it?"
"A based economyâwhere workers democratically run enterprises, deciding what, how and where to produce, and what to do with any profitsâcould, and likely would, put social needs and goals (like proper preparation for pandemics) ahead of profits. Workers are the majority in all capitalist societies; their interests are those of the majority. Employers are always a small minority; theirs are the "special interests" of that minority. Capitalism gives that minority the position, profits and power to determine how the society as a whole lives or dies. That's why all employees now wonder and worry about how long our jobs, incomes, homes and bank accounts will lastâif we still have them. A minority (employers) decides all those questions and excludes the majority (employees) from making those decisions, even though that majority must live with their results. Of course, the top priority now is to put public health and safety first. To that end, employees across the country are now thinking about refusing to obey orders to work in unsafe job conditions. U.S. capitalism has thus placed a general strike on today's social agenda. A close second priority is to learn from capitalism's failure in the face of the pandemic. We must not suffer such a dangerous and unnecessary social breakdown again. Thus system change is now also moving onto today's social agenda."
"The third reason capitalism gets blame here is that alternative systemsâthose not driven by a profit-first logicâcould manage viruses better. While not profitable to produce and stockpile everything needed for a viral pandemic, it is efficient. The wealth already lost in this pandemic far exceeds the cost to have produced and stockpiled the tests and ventilators, the lack of which is contributing so much to today's disaster. Capitalism often pursues profit at the expense of more urgent social needs and values. In this, capitalism is grossly inefficient. This pandemic is now bringing that truth home to people."
"The problem of policies aimed to return the economy to what it was before the virus hit is this: Global capitalism, by 2019, was itself a major cause of the collapse in 2020. Capitalism's scars from the crashes of 2000 and 2008-2009 had not healed. Years of low interest rates had enabled corporations and governments to "solve" all their problems by borrowing limitlessly at almost zero interest rate cost. All the new money pumped into economies by s had indeed caused the feared inflation, but chiefly in stock markets whose prices consequently spiraled dangerously far away from underlying economic values and realities. Inequalities of and wealth reached historic highs. âIn short, capitalism had built up vulnerabilities to another crash that any number of possible triggers could unleash. The trigger this time was not the dot.com meltdown of 2000 or the sub-prime meltdown of 2008/9; it was a virus. And of course, mainstream ideology requires focusing on the trigger, not the vulnerability. Thus mainstream policies aim to reestablish pre-virus capitalism. Even if they succeed, that will return us to a capitalist system whose accumulated vulnerabilities will soon again collapse from yet another trigger."
"âIn the light of the coronavirus pandemic, I focus criticism on capitalism and the vulnerabilities it has accumulated for several reasons. Viruses are part of nature. They have attacked human beingsâsometimes dangerouslyâin both distant and recent history. In 1918, the Spanish Flu killed nearly 700,000 in the United States and millions elsewhere. Recent viruses include , and Ebola. What matters to is each society's preparedness: stockpiled tests, masks, ventilators, hospital beds, trained personnel, etc., to manage dangerous viruses. In the U.S., such objects are produced by private capitalist enterprises whose goal is profit. It was not profitable to produce and stockpile such products, that was not and still is not being done. Nor did the U.S. government produce or stockpile those medical products. Top U.S. government personnel privilege private capitalism; it is their primary objective to protect and strengthen. The result is that neither private capitalism nor the U.S. government performed the most basic duty of any economic system: to protect and maintain public health and safety. U.S. capitalism's response to the coronavirus pandemic continues to be what it has been since December 2019: too little, too late. It failed. It is the problem."
"The second reason I focus on capitalism is that the responses to today's economic collapse by Trump, the GOP and most Democrats carefully avoid any criticism of capitalism. They all debate the virus, China, foreigners, other politicians, but never the system they all serve. When Trump and others press people to return to churches and jobsâdespite risking their and others' livesâthey place reviving a collapsed capitalism ahead of public health."
"The second economic reality I would want to talk about, is the fact that he spent more time in this State of the Union message demonizing immigrants than on any other topic. Stories of immigrants being bad, stories of invasions coming, wild exaggerations that have no basis in fact. Let me give you the simplest economics with which to understand that: the United States is an economy of three hundred and twenty five million people; the number of undocumented immigrants in the United States is estimated between 10 and 12 million. Okay you don't need rocket science to understand that nothing that you can do to those poor 10 to 12 million of the lowest paid people in our economy is gonna change the economic conditions for 325 million Americans. Focusing on immigrants is pure scapegoating; it's focusing people on something that doesn't matter because you don't want them to focus on what does matter."
"And here's the third and most important point about this president's bizarre speech: not one word was uttered about inequality. It is the starkest feature of American economic life in the last 40 years. It has gotten worse literally every year, and with the tax cut of 2017, Mr. Trump added his extra to making the inequality even greater than it had been before. Corporations would give an enormous amount of money; back they used it to speculate in the stock market; buy back the shares of their own companies, boosting the amount of money that executives and shareholders get; widening the inequality."
"And then the final twist: he spent a few minutes prancing at the stage saying we will not have socialism, socialism has been recurring or coming back. Mr. Trump, the biggest single cause of Americans interest in socialism is because the economy, the capitalist economy you represent, hasn't worked real well for the majority of people. The inequality you inherited, and made worse, has increased the interest in socialism. You don't like socialism! You're the biggest booster of it in this country. You're the one! You're blind as to what is going on. Your fakery in order to promote yourself politically, is in a way the most dangerous misunderstanding and misleadership that this society cannot now afford, given what is happening to it."
"Let me give you an example: simply the People's Republic of China. They're having a bad year, they're only growing...ready? 6.5%. Which is lower than what they've been able to do for most of the last 15 or 20 years. The Chinese economy has become the second most important in the world because they systematically grow, you got it, faster than the United States. The real wages of Chinese workers, the average amount of money they get adjusted for inflation, has quadrupled in the last 12, 15 years. What happened to the average wage in America, adjusted for inflation? It hardly budged. It went up single digits, not 3-4 times. The experience of the economies in these two countries could not be more different. Excluding that from the conversation - prancing around as if the economy here is the envy of the world - that's not just nonsense. That's straight out lying; and it is meant to position himself as the special person."
"Let's be clear about some things: over the last 20 years the United States has had a hard time achieving economic growth. The last year or two are slightly better, parts of them than the previous ones, and there's no mystery for that: it's because the government gave an enormous boost to the economy. Let me say that again: not private enterprise, not private capitalist corporations, the government gave an enormous boost. What was the form of the boost? The 2017 tax cut in December of that year, which gave corporations a vast amount of hundreds of billions of dollars in taxes they don't have to pay anymore, freeing up that money for them to do whatever they want with; and they mostly used it to increase salaries of executives, to buy back shares of stock in the stock market. All of which was very good for the top one percent, but not for the rest of the American people. All of that is hidden under the rug by Mr. Trump. But even the performance, getting our growth rate up to 3% for a part of that time, even though it's averaging out to two and a half to three percent, that that's the best in the world, that's just a lie!"
"The desperate policies of panic-driven governments involve throwing huge amounts of money at the economies collapsed in response to the coronavirus threat. s create money and lend it at extremely low interest rates to the major corporations and especially big banks "to get them through the crisis." Government treasuries borrow vast sums to get the collapsed economy back into what they imagine is "the normal, pre-virus economy." Capitalism's leaders are rushing into policy failures because of their ideological blinders."
"Companies around the world cannot make plans, cannot make investments, cannot make assumptions about whatâs going to happen, because we donât know what heâs going to do, we donât know what the Chinese are going to do. But, you know, thereâs a more deep historical problem here. And itâs really American history. When we became an independent nation, it was partly because we were held backâtea party, remember?âby the British. They had a rule: They wanted the colony to be subordinate. We didnât want to do that as Americans, and we ended up pushing back against the control, the effort to hold back American development. We went to two wars: the Revolutionary War and, again, the War of 1812. The history records are not good about trying to squelch an upcoming economic power. China is todayâs upcoming economic power. The effort to squelch and stop it is both likely to fail and extremely dangerous, because these trade wars have a nasty habit of becoming military."
"We have a lot of employment, but the quality of the jobs has collapsed over the last 10 years. The people who work now used to be people who had a job with good income, good benefits and good security. The jobs, overwhelmingly, created have none of those things: low wagesâthatâs why our wages have gone nowhere; bad benefitsâthose are shrinking, pensions and so on; and the security is virtually gone. One of our biggest problems in America is people donât know one week to the next what hours theyâre working, what income theyâll get. You canât have a life like this. So, what weâve done is weâve ratcheted down the quality of jobs. Weâve made people use up their savings since the great crash of 2008, so theyâre in a bind. They have really no choice but to offer themselves at lower wages or at less benefit or at less security than before, which is why thereâs the anger, which is why there was the vote for Mr. Trump in the first place, because this talk of recovery really is about that stock market with the funny money that the Fed Reserve pumped in, but is not about the real lives of people, which are in serious trouble, hence the numbers, like a average American family canât get a $400 emergency cost because it doesnât have that kind of money in the background. So, youâve undone the underlying economy, you have this frothy stock market for the 1 percent, and this is an impossible tension tearing the country apart."
"A country that promises it is committed to democracy has never faced the fact that in the enterprise we donât have democracy. We have a tiny group of people making all the decisions. And thatâs not a good idea. And maybe now we can face that the decisions theyâve made, individually and collectively, have plunged us into a situation where we cannot afford the luxury of not facing basic questions about how our economy is organized. We should have done it for the last 50 years. Maybe this new generation of young people coming into the Congress will begin that conversation and, hopefully, bring us along into a national debate on these subjects, which is long overdue."
"Well, you know, easiest way to summarize it: We have been followingâand, unfortunately, Democrats, tooâsomething called trickle-down economics. We do economic policy where we help the folks at the topâwe bail out the big banks, we give a tariff benefitâand we hope it trickles down, which it rarely does. First thing they can do, reverse it. Letâs do trickle-up economics. You help the people at the bottom, in all the different ways that we know how to do because the FDR regime back in the â30s did a lot of that. So we know how to do it. [...] Do itâwell, put people to work. Put people to work doing socially useful things at a decent income, not working in a fast-food restaurant under unbearable personal situations. Hereâs another one: this greening of America. Thereâs a project that could help millions of people in a direct way. Letâs kind of do that."
"We did them before. The minimum wage should be raised, and dramatically. We should be helping all the kinds of people who have been denied help. We should be making sure that jobs are secure, that jobs have proper benefits, that weâre enhancing the benefitsâall the things that could help the folks at the bottom have the money to spend, that will trickle up into the profits and revenues of business. Thatâs a more humane system. And, you know, even if it doesnât work as much as we want it to, at least we will have helped the majority of people. What we have now is trickle-down, that helps those of the top, and then, when it doesnât trickle down, what have we got? Weâve helped those at the topâagain. The focus on trickle-up would be an alternation in our policy thatâs long overdue."
"The underlying reality of most people, which is reflected in our politics, is one of bitterness and anger and resentment that they are not participating in this so-called recovery. And now the rich are also facing the falling apart of this house of cards as the market tumbles down. And poor Mr. Trump, having staked his reputation on a rising market, is now confronted with a declining one and is looking for a scapegoat, which Mr. Powell, his own appointee, is providing to him."
"College students are not happy with answers from professors. Students are challenging them. A tension is growing. Students are chained to student debt they cannot possibly pay backâŚ. This system no longer works for them, and they know it."
"Weâve had an economy that never really escaped the crash of 2008. In a way, the last 10 years have been an economy on life support: vast amounts of money pumped into the economy; record drops in s, inviting everybodyâbusiness, individuals, governmentsâto borrow moneyâa debt-sustained situation. And after a while, you canât mount up the debt on the basis of an economy that hasnât really gotten going. And weâre seeing the eventual break. You know, the capitalist system has a downturn every four to seven years. Itâs had that for centuries. And the last big downturn was 2008 and '09. So, if you do four and seven, and you add it to nine, we're due for one. And every major stock market observer, bank and so on predicts that weâre having a downturn. So itâs really only a question of exactly when. And the stock market anticipates this. And so weâre having, in a way, economic chickens coming home to roost. And the notion that itâs just the Fedâs policy that explains this is really the kind of remark that would get a student a very low grade in any economics course."
"Well, you know, the irony is, itâs one of the bizarre ways an economy works. There was no incentive to take all that money and go in and produce things that might have driven up prices and so on, because the people in America canât afford to buy it. Our wages have been stagnant. The debts have been so big that people are afraid to borrow the way they once did, even though they still do, but not at the growing scale as before. So, all that extra money kind of went into the stock market to make itself make quick money by buying shares, hoping that they would go up. And if all the rich people who get it into their hands do that kind of thing, you see the stock market go up, but the underlying economy doesnât go anywhere. And again, after a while, thatâs not a sustainable arrangement."
"Now, do you think workers would vote to unequally redistribute profits? Of course not. They would vote for equitable distribution."
"So to change inequality in our nation, we must change the organization of the workplace. Until you do that, youâre not serious. You wonât solve any problems by redistributing: Even if you have progressive income tax, the rich will always figure out a way to hide their fortune in overseas tax shelters. So the solution is to equitably distribute profits in the first place."
"When workers make the decisions, you stop outsourcing jobs, you stop the wealth gap, you stop inequality."
"If you donât want inequality, donât unequally redistribute it in the first place: Workers must equitably distribute all profit equally to all workers. After all, profit is merely surplus value of labor, and that belongs to all workers."
"Workers must control the workplace: If workers made the decisions, do you really think they would vote to outsource their own jobs to China? Of course not. Would workers vote to pollute their own air and water and poison their own kids just to make an extra nickel in profit? Of course not."
"The wealth gap between rich and poor is the result of a board of directors dividing up the profits and keeping the lionâs share for themselves."
"Workers must form worker-run cooperatives. Then we can buy goods and services only from worker-run cooperatives, and that would end global sweatshop slavery."
"There is no alternative ("Tina") to capitalism?"
"Really? We are to believe, with Margaret Thatcher, that an economic system with endlessly repeated cycles, costly bailouts for financiers and now austerity for most people is the best human beings can do? Capitalism's recurring tendencies toward extreme and deepening inequalities of income, wealth, and political and cultural power require resignation and acceptance â because there is no alternative?"