Economics
-
Liberalism 5.0?
The core institutions, ideas and expectations that shaped American life for the sixty years after the New Deal don’t work anymore. The gaps between the social system we inhabit and the one we now need are becoming so wide that we can no longer paper over them. But even as the failures of the old
-
Happy New Year
(h/t Truthdig)
-
Henry A. Giroux: Neoliberalism Defined
Neoliberalism is a philosophy which construes profit making as the essence of democracy and consuming as the only operable form of citizenship. It also provides a rationale for a handful of private interests to control as much as possible of social, economic, and political life in order to maximize their personal profit. Neoliberalism is marked
-
Quote of the Day: Glenn Greenwald
This last point is the critical one for me, and most illustrative of why I find the effort to cut Social Security so appalling. For the moment, leave to the side abstract debates over the propriety of social programs, or even debates over specific proposals such as raising the retirement age or means-testing. Instead, let's
-
Waiting for That Moment of Clarity
What's the cause of that sick feeling you probably have in your stomach? Josh Marshall attempts to answer: What's particularly chilling is that the elite and popular policy debates are moving in the same direction. The professional economists, international financial agency types, etc are pushing for retrenchment. They seem to have won the argument at
-
Quote of the Day: Brad DeLong
Have decades of widening wealth inequality created a chattering class of reporters, pundits and lobbyists who’ve lost their connection to mainstream America? Has the collapse of the union movement removed not only labor’s political muscle but its beating heart from the consciousness of the powerful? Has this recession, which has reduced hiring more than it
-
Glenn Beck: Man of the Seventies
. . . the 1870s, that is. From Robert H. Wiebe's The Search for Order 1877-1920: America in the late nineteenth century was a society without a core. It lacked those national centers of authority and information which might have given order to such swift changes. American institutions were still oriented toward a community life
-
Quote of the Day: Ezra Klein
The White House obviously can't pick all its fights at once, but as of yet, it hasn't picked any fights on Labor's behalf, or even shown a bare interest in doing so in the future. Some probably take that as Obama being usefully dismissive of a special interest, but in the long-run, letting Labor continue