The goal of this blog is to critically reflect on the social, cultural, and political foundations of market societies. In particular, the objective is to spur discussion on how the current economic systems around the globe are constructed, what institutional and structural problems have developed, and how these problems can be fixed to create a better functioning economy and society.
Monday, January 31, 2011
Repression and Poverty Underpin the Uprising in Egypt
Recent events in Egypt could be an opportunity for the United States to support the people of Egypt, but no Obama administration official has recommended publicly that President Hosni Mubarak should step down. We speak with Samer Shehata, assistant professor of Arab politics at Georgetown University, about the U.S.-backed Mubarak regime and the record inflation and poverty that underpin the ongoing protests. "In Egypt, from 2004 until the present, the government and its reforms were applauded in Washington by World Bank, the IMF and U.S. officials," Shehata says. "But what all of that masked was what was going on at the level of real people and ordinary lives."
WHY INDEPENDENT MEDIA? For true democracy to work, people need easy access to independent, diverse sources of news and information. But the last two decades have seen unprecedented corporate media consolidation. The U.S. media was already fairly homogeneous in the early 1980s: some fifty media conglomerates dominated all media outlets, including television, radio, newspapers, magazines, music, publishing and film. In the year 2000, just six corporations dominated the U.S. media.
In addition, corporate media outlets in the U.S. are legally responsible to their shareholders to maximize profits. And U.S. "public" media outlets accept funding from major corporations, as well as from the Corporation for Public Broadcasting, which has attempted in the past to exert political and editorial influence on public news producers.
Democracy Now! is funded entirely through contributions from listeners, viewers, and foundations. They do not accept advertisers, corporate underwriting, or government funding. This allows them to maintain their independence.
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