Counterpoint

The Counterpoint column, written by USC Price Associate Professor Peter Robertson, addresses a number of issues relevant to contemporary society by articulating a perspective that runs counter to the dominant narrative of modern culture.

New posts will appear monthly.

A Postmodern Perspective

September 1, 2014
The introduction to a new column written by Associate Professor Peter Robertson. “A Postmodern Perspective” looks at the study of organizational culture and lays the groundwork for this column articulating a narrative that runs counter to the dominant.

The Growth Problem

October 1, 2014
Despite the “more is better” approach we’ve been taking, it makes much more sense for the design and implementation of public policy to be guided more directly by the goal of improving the happiness and life satisfaction of people and communities, rather than on increasing economic growth.

False Dichotomy

November 1, 2014
It is easy to point to the polarized nature of politics– the ongoing battle between Democrats and Republicans, liberals and conservatives – as being a primary factor underlying the loss of public faith in American government. But a more subtle analysis suggests that this polarization is really just a symptom of even deeper problems.

Government 2.0

December 1, 2014
The bureaucratic form of organization was generated and institutionalized in the context of the modern, mechanistic worldview and industrial-era culture, a new and different form is being generated and may become institutionalized in the context of a post-modern, ecological worldview and information-age culture.

Money Power (Part 1)

January 15, 2015
A historical overview of the emergence of the institution of banking, beginning with an explanation of the emergence of interest-based fractional reserve banking and the problems associated with its institutionalization as standard banking practice. Followed by a quick look at the history of central banking in this country, from the first Bank of the United States to the founding of the Federal Reserve. This history is then reconsidered in terms of a struggle by the money power – the dominant European and American financiers – to gain control over the American monetary system.

Money Power (Part 2)

February 15, 2015
Americans have long been concerned about the dominance of the money power, the capacity of these elite financiers to exert influence not just on the economy but on politics and government as well, all towards their own ends rather than the public good.  Since it is widely understood that the primary goal in capitalism is to maximize profit, we should assume that the capitalists in charge of the world’s central banks and the international banking system share this objective.  Unfortunately, with profit maximization as their primary goal, capitalists too readily discount the importance of other considerations such as human well-being, with efforts to make money oftentimes generating negative externalities that reduce the quality of life for people outside the profit margins.  This is the great danger in outsourcing Congress’ constitutional power over the monetary system to a consortium of private bankers.  As the history of the 20th century suggests, those controlling the money and the banks have found many ways to profit at the expense of the people.

 

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