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Alternative Radio (Aust.) PO Box 780 Morwell Victoria 3848 Australia tel. 61-3-5134-8556 mob. 61-413-597-828 inquiries@araustralia.org |
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www.araustralia.org |
Alternative Radio (Aust.) PO Box 780 Morwell Victoria 3848 Australia tel. 61-3-5134-8556 mob. 61-413-597-828 inquiries@araustralia.org |
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The scale of corporate scandals is unprecedented in American history. Many workers have lost not only their jobs but also their savings, pensions and investments. Upper management, the so-called captains of industry, cashed in their stocks long before they tanked. Wall Street brokers, dependent on commissions, were selling investors stocks they were describing in internal memos as 'crap' and 'junk'. WorldCom, the telecom giant, might take the cake for sheer perfidy. It originally acknowledged it had cooked their books to the tune of four billion dollars. Now it says that there's another three. Responding to public outcry, Congress passed a corporate reform bill that consumer advocate Ralph Nader calls "modest". Rogue capitalism has many people asking the question, Can the system be fixed?
Howard Zinn, professor emeritus at Boston University, is perhaps this country's premier radical historian. He grew up in the slums of Brooklyn. As a teenager, he worked in a shipyard. During World War II, he saw combat duty as an air force bombardier. After the war, he went to Columbia University on the GI Bill. He was an active figure in the civil rights and anti-Vietnam War movements. His masterpiece, A People's History of the US continues to sell in huge numbers. He has written several plays including the widely acclaimed Marx in Soho.
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