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.
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
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.
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.
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
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, […]