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Sunday, May 27, 2018

Book Excerpt: Can Democracy Survive Global Capitalism?

In Can Democracy Survive Global Capitalism (W.W. Norton, 2018), Robert Kuttner refreshes the great tradition of political economy to examine the upheavals of our era. From worsening inequality and the domination of global finance to the rise of fascist movements masquerading as populism, he reveals how the U.S, economy went wrong and why bad policy threatens democracy both here and abroad.  The following is excerpted from the preface:

A quarter century ago in the glow of post-communist triumphalism, many were predicting that globalization would link democracy with capitalism in a splendid convergence. Instead, we are witnessing a primitive backlash against both the global market and liberal democracy.…

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Big Loopholes In Facebook’s New Political Ad System

Reprinted with permission from ProPublica.


What Facebook’s New Political Ad System Misses

Facebook’s long-awaited change in how it handles political advertisements is only a first step toward addressing a problem intrinsic to a social network built on the viral sharing of user posts.

The company’s approach, a searchable database of political ads and their sponsors, depends on the company’s ability to sort through huge quantities of ads and identify which ones are political. Facebook is betting that a combination of voluntary disclosure and review by both people and automated systems will close a vulnerability that was famously exploited by Russian meddlers in the 2016 election.

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5 Worst Right-Wing Outrages Of The Week

Reprinted with permission from AlterNet.


Evangelical Author Believes Trump Is Under Attack by “Luciferian” Beings

During an interview last week on Jim Bakker’s show, Evangelical author and radio host Paul McGuire made remarks that highlight the extent of extremism we’re seeing on the Christian far-right.

In a clip now gaining steam on the internet, McGuire goes all-in to defend Trump by claiming his opposition is literally demonic.

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“The unprecedented attacks against President Trump and his administration are something that we’ve never seen before in all of human history,” McGuire said.…

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