petej + corruption   409

What 46 Populist Leaders Did to Democracy - The Atlantic
Populist governments, in our working definition, are united by two fundamental claims: (1) Elites and “outsiders” work against the interests of the “true people,” and (2) since populists are the voice of the “true people,” nothing should stand in their way.
politics  populism  democracy  BolsonaroJair  Brazil  TrumpDonald  ModiNarendra  WidodoJoko  Indonesia  India  USA  power  press  media  civilLiberties  MouffeChantal  corruption  Italy  transparency 
december 2018 by petej
Secrets and Lies of the Bailout – Rolling Stone
So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors. The bailout has also made lying on behalf of our biggest and most corrupt banks the official policy of the United States government. And if any one of those banks fails, it will cause another financial crisis, meaning we’re essentially wedded to that policy for the rest of eternity – or at least until the markets call our bluff, which could happen any minute now.
finance  crash  crisis  bailout  banks  FRB  deception  BernankeBen  PaulsonHank  SummersLarry  reform  regulation  viability  corruption  fraud  secrecy 
september 2018 by petej
Why Trump Supporters Don’t Care About Cohen’s Admission - The Atlantic
Cohen’s admission makes it harder for Republicans to claim that Trump didn’t violate the law. But it doesn’t really matter. For many Republicans, Trump remains uncorrupt—indeed, anticorrupt—because what they fear most isn’t the corruption of American law; it’s the corruption of America’s traditional identity. And in the struggle against that form of corruption—the kind embodied by Cristhian Rivera—Trump isn’t the problem. He’s the solution.
USA  politics  corruption  TrumpDonald  CohenMichael  TibbettsMollie  immigration  Iowa  tradition  identity  fascism  law 
august 2018 by petej
Manafort, Cohen, and Trump: The System Is Rotten - The Atlantic
What Trump has done, by consistently defending his criminal associates, and by attacking the prosecutions as politically motivated or corrupt, is make the implicit obvious: The little people go to prison, the big people do whatever they want. At least, most of the time. The surprise is not that Trump surrounded himself with advisers who committed crimes, or that Trump himself encouraged his advisers to flout the law. The surprise is the mere possibility that any of them will pay for it.
USA  politics  justice  ManafortPaul  CohenMichael  crime  corruption  fraud  wealth  power  TrumpDonald 
august 2018 by petej
How social media took us from Tahrir Square to Donald Trump - MIT Technology Review
Rather, the problem is that when we encounter opposing views in the age and context of social media, it’s not like reading them in a newspaper while sitting alone. It’s like hearing them from the opposing team while sitting with our fellow fans in a football stadium. Online, we’re connected with our communities, and we seek approval from our like-minded peers. We bond with our team by yelling at the fans of the other one. In sociology terms, we strengthen our feeling of “in-group” belonging by increasing our distance from and tension with the “out-group”—us versus them. Our cognitive universe isn’t an echo chamber, but our social one is. This is why the various projects for fact-checking claims in the news, while valuable, don’t convince people. Belonging is stronger than facts.
socialMedia  politics  activism  communication  ArabSpring  Egypt  TahrirSquare  Tunisia  Syria  Iran  Twitter  MubarakHosni  authoritarianism  power  control  ObamaBarack  targeting  technoUtopianism  bigData  misinformation  polarisation  NSA  security  Facebook  Google  monopolies  YouTube  algorithms  attention  insults  TrumpDonald  USA  Russia  trolling  interference  corruption  accountability  filterBubble  surveillance  platforms  personalData  inequality  precarity  insecurity  dctagged  dc:creator=TufekciZeynep  recommendations 
august 2018 by petej
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