themcglynn.com

19 Nov

Alain Badiou on the Financial Collapse

” The ordinary citizen must “understand” that it is impossible to make up the shortfall in social security, but that it is imperative to stuff untold billions into the banks’ financial hole? We must somberly accept that no one imagines that it’s possible to nationalize a factory hounded by competition, a factory employing thousands of workers, but that it is obvious to do so for a bank made penniless by speculation.”

– Alain Badiou, ”De quel reel cette crise est-elle le spectacle?“ Le Monde, October 17, 2008

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