This is from a February 1938 letter by John Maynard Keynes to Franklin Roosevelt, expressing his alarm at the return to slump in 1937–38, and offering suggestions on how to reverse it. I’ve cleaned up a few marks and jacked up the contrast to make it more legible. The whole letter is really worth reading; it’s full of sentences like “The handling of the housing problem has been really wicked.” The bourgeoisie doesn’t make them like these two anymore. (Click on the graphic to enlarge it.) Thanks for the pointer, Mike Konczal.
A startling bit of news from last night’s OWS Demands Working Group meeting. Someone from the Sanitation Committee at Zuccotti reported that they’re in desperate need of brooms, dustpans, and garbage bags. Someone—cops? freelance thugs (as opposed to the professional uniformed thugs)? pranksters?—has been sneaking in at night and breaking the broom handles and stealing the dustpans and trashbags. Since keeping the park clean is Mayor Bloomberg’s preferred excuse for a clampdown, this is ominous. If you’d like to donate some of these goodies, please drop them by the park. The THE YIPPIE… Read More
Last night, I went to the meeting of the OWS Demands Working Group, held in historic Tompkins Square Park, scene of many a riot and other kind of uprising in its 161-year history. There were about 75 people there, to discuss what to do with the draft set of demands that the group had passed past week. On Friday, I wrongly reported that the OWS General Assembly had rejected the draft and disavowed the working group. In fact, the GA hasn’t even discussed the issue. According to people at last night’s meeting, whoever controls the… Read More