In this excerpt from "Disaster Capitalism," Antony Lowenstein examines how modern capitalism "guarantees unfairness and rewards greed," threatening society and the planet.
After eight years of complaining about "Obama deficits," Republicans are proposing huge tax cuts that deny the government $2 trillion of revenue.
WHO POWERS YOUR NEWS?
Don't let corporations or the government influence what you read -- support independent media like Truthout!
Donations from readers are the only way we can keep publishing. We're counting on you.
Hond joined Columbia Magazine in 2005, and became senior writer in 2007. He has published two novels and won several CASE awards for his magazine articles.