[Marxism] Dismantling the Economy

michael perelman michael at ecst.csuchico.edu
Fri Oct 30 20:49:08 MDT 2009

During the New Deal, the government left a legacy of buildings, parks, 
and public spaces.  Gray Brechin deserves great credit for documenting 
this achievement.


In contrast, the U.S. is engaged in wasteful spending on war and 
bailouts that will leave a pitifully small legacy. What king of legacy 
will Obama leave?

I remember when the United States was going to prosper as an information 
economy, based on the premise that we are either the smartest or the 
best educated in the world. To ensure success in achieving this vision, 
the country is engaged in a massive defunding of education. California, 
of course, is the leader in this respect.

Presumably, imposing requirements multiple choice tests and scripted 
teaching in the poor neighborhoods will be all we need, once we can 
break the teachers' unions.

In line with the steady undermining of information in the information 
economy, the University of California is making some questionable 
choices.  Here is one that has not been widely publicized:

California is contemplating a $10 billion bond to finance a massive 
statewide water project.  One would assume that the state would want to 
have access to as much information for guidance in such matters.

Yet the University of California is getting ready to mothball its 
valuable Water Resources Center Archives, which a Sacramento Bee article 
observed, "For decades it has served as a shrine for engineers, lawyers 
and academics working to understand and improve the management of water, 
California's most precious resource." The problem is that the school 
cannot afford the $230,000 annual cost, probably equal to a couple of 
superfluous vice presidents.

Weiser, Matt. 2009. "UC Archives on Water Imperiled." Sacramento Bee (26 
October): p. B 1.

Michael Perelman
Economics Department
California State University
Chico, CA

530 898 5321
fax 530 898 5901

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