story479

I have written the story on the collapse of The Enron Corporation and in doing so I have naturally proceeded with my critical understanding of reality as researched on the Internet. I have highlighted the intricacies of the corrupted behavior of Enron to show the perversity of our ideology of the Free Market. Yet, we have the big media corporations which in the name of the ideology of the Free Market whitewash all the news and ignore the root causes of the collapse of Enron, that is the Free Market itself: globalization, deregulation, and corporate welfare.

In my Enron's story I mentioned how the company entered a deal with the Maharashtra State Electricity Board (MSEB) in India with the assistance of the American embassy and the CIA. And I wish the readers to ponder on the guarantees provided to Enron by the State of Maharashtra to "indemnify and keep indemnified the company against any loss sustained or incurred by the Company by reason of the invalidity, illegality or unenforceablity" of the deal. Now, with this kind of inconceivable clause (and out of the law to my understanding) it is obvious that people get to hate Enron and corporate globalization. But again, our corporate media is consciously oblivious of any critical thinking and they don't tell us the truth as they whitewash all the news.

What I want to say is that we don't need the whitewash of the corporate media, what we need is an alternate media.

Some references

The Enron Saga (India) http://www.altindia.net/enron/

An Alternate Reality, by Paul Krugman, November 25, 2001 http://www.pkarchive.org/column/112501.html

Debating Alternate Realities, by Danny Schechter, November 29, 2001 http://www.mediachannel.org/views/dissector/reality.shtml