Smart. Sharp. Funny. Fearless.
Thursday, June 21, 2018
capitalism

Book Excerpt: Can Democracy Survive Global Capitalism?

In Can Democracy Survive Global Capitalism, Robert Kuttner refreshes the tradition of political economy for our era — and connects worsening inequality with the rise of fascist movements.

May 27, 2018
Guaranteed Job

Calling Trump’s Bluff: A Guaranteed Job For Every American Who Wants To Work

The job guarantee asserts that, if individuals bear a moral duty to work, then society and employers bear a reciprocal moral duty to provide good, dignified work for all. It would finally make real the ideal, stated in Franklin Roosevelt’s “Economic Bill of Rights,” that every American possesses a “right to a useful and remunerative job” and “to earn enough to provide adequate food and clothing and recreation.” Not a paternalistic aid, and not some tribute to aristocratic virtue, but a right to be claimed and exercised

March 25, 2017

Capitalism And Education Are Incompatible Partners

The news left tens of thousands of students stunned: Just as the fall semester was starting, ITT Technical Institute, one of the nation’s largest chains of for-profit colleges, shut down all its campuses, stranding some would-be graduates a few months shy of a diploma.

September 10, 2016
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 25, 2016. REUTERS/Brendan McDermid

Why Can’t Our Economy Promote Equality And Shared Prosperity?

You don’t have to be in “Who’s Who” to know what’s what. For example, if tiny groups of Wall Street bankers, billionaires and their political puppets are allowed to write the rules that govern our economy and elections, guess what? Only bankers, billionaires and puppets will profit from those rules.

August 28, 2016
Democratic presidential candidate Sen. Bernie Sanders (I-VT) takes part in a rally to preserve union pensions in Washington

Interview: Labor Historian Nick Salvatore on Eugene Debs, Bernie Sanders, and Socialism in Modern American Politics

The major difference between the Debs era and what Bernie Sanders is dealing with now has less to do with socialism than it has to do with capitalism.

February 27, 2016

Pope To Tell U.S. Congress Capitalism Must Change, Cardinal Says

Pope Francis will denounce the inequalities of capitalism when he becomes the first pontiff to address Congress on his visit to the U.S. in September

May 14, 2015

Permanent Armageddon

It’s time to ratchet down our apocalyptic political rhetoric.

December 29, 2014

The Tea Party Case For A Higher Minimum Wage

If Tea Party Republicans were political animals, they’d support President Obama’s call to raise the minimum wage to $10.10 an hour. I know that sounds insane. A federally mandated wage appears to embody most everything the Tea Party stands against. But as the Tea Party struggles in this year’s midterm elections against the Republican establishment, […]

March 25, 2014

When Socialism Saves Capitalism

WASHINGTON — Have you noticed that one of the Obama administration’s most successful programs is also its most “socialist” initiative? OK, the bailout of General Motors and Chrysler was not socialist in the classic sense: the government was not looking to hold onto the companies over the long run. Their turnaround was accomplished in significant […]

September 22, 2011