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Ralph Nader: Avaricious Brilliance For Economic Disaster

August 27, 2013

Ralph Nader published his latest article on eurasiareview: news and analysis on August 24, 2013.

Ralph Nader: Avaricious Brilliance For Economic Disaster

Nader starts off his article discussing Larry Summers, Former President of Harvard University, Served as Director of the National Economic Council for  President Obama, and former Secretary of the Treasury under President Clinton. Nader’s article is mocking the word brilliance as the US has used it while identifying people like Larry Summers. Nader shows why  brilliance is used contradictorily.

Under the influence of Summers and others Nader associates the Recession of ’08, when over 8 million jobs were lost, the loss of billions of dollars due to a risky investment at Harvard, and sexist remarks demoting women, with Summers and his brilliance. 

Nader says “Wall Street likes people labeled brilliant. It hides their greed.”

His article goes on to discuss the issue of designating someone as brilliant and the then abundance of trust given to  the people label brilliant.

read more here. 

 

Read Ralph Nader’s latest book Told You So: The Big Book of Weekly ColumnsNader_ToldYouSo_150dpi_large

Introduction by Jim Hightower

The column is the most natural literary form for a citizen’s advocate, and Ralph Nader may be its most robust and forceful practitioner. Told You So: The Big Book of Weekly Columns presents a panoramic portrait of the problems confronting our society and provides examples of the many actions an organized citizenry could and should take to create a more just and environmentally sustainable world. Drawing on decades of experience, Nader’s columns document the consequences of concentrated corporate power; threats to our food, water and air; the corrosive effect of commercialism on our children; the dismantling of worker rights; and the attacks on our civil rights and civil liberties. Nader also offers concrete suggestions to spark citizen action and achieve social change.

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