Word: todayã
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...fact is that today??s America suffers from a serious economic imbalance; decades of untrammeled corporate greed and apathetic conservative government have produced a nation where a small group of wealthy people live in astonishing luxury while everyone else hangs by a shoestring. These elites—insurance companies are just a small example, alongside media barons, oil tycoons, financial wizards, and D.C. power brokers—have taken control of our government and our economy to no one’s benefit but their own, and in the process they are destroying the fabric of American society...
...Nationalism of this sort, of course, is foundational to any imperial project, insofar as Empire presumes the moral correctness of its expansive reach. And in its quest for ‘consensus’ (or better polling figures, as today??s tired political climate would have it), it only requires that not too many Americans disagree that their government’s foreign policy be directed by a mandate to secure hegemony. In everyday rhetoric, including—tellingly—among today??s Democratic presidential hopefuls, this often translates into a pledge to protect national...
...While it’s often noted that athletics are big business, many people continue to hold on to the notion that professional sports is just a game. This is the basis for so many fan complaints about exorbitant salaries, increased commercialization, and deteriorating moral standards in today??s sporting world. But if professional sports was “just a game” as they say, then big conference colleges and prep high schools wouldn’t be sending scouts to under-15 basketball games, and 13-year-olds wouldn’t be getting offered...
...competitive games and accidents that unstructured play can provoke. Of course, the implication, much of the time, is that the potential for lawsuits will also be minimized. While we sympathize with the pressures that have instigated this trend, we believe that it is ultimately harmful to the welfare of today??s youth. Americans have a well-deserved reputation for suing at the slightest provocation. Whether as consumers, employees, patients, or parents, the courts are often the option of first resort, instead of the last. Schools have not been immune to our litigious society—on the contrary...
...will have absolutely no effect. Unlike goods and services, whose prices can be affected by changes in demand, the price of a financial asset is determined by its expected returns. If a firm forgoes a profitable investment, then another firm will take advantage of that investment instead. In today??s world of highly mobile global capital, opportunities for profit rarely go unnoticed—someone will step in as soon as we leave...