Rescue The Middle Class: Save Capitalism

Saving Capitalism

Robert Reich: Business leaders know the U.S. economy can’t get out of first gear as long as wages are declining. And their own businesses can’t succeed over the long term without a buoyant and growing middle class.

The Next U.S. War Should Target Poverty

Obama Targets Poverty

Randy Shaw: On issue after issue—education, housing, health care, transportation, student debt—the American people are being shortchanged because Beltway wisdom says that the U.S. cannot “afford” solutions.

3 Biggest Right-Wing Lies About Poverty

Lies About Poverty

Robert Reich: So why do so many right-wing Republicans tell these three lies? Because they make it almost impossible to focus on what the poor really need – good-paying jobs, adequate safety nets, and excellent schools.

Freedom Summer II

Freedom Summer

Robert Reich: Although Walmart is no Bull Connor, it’s the poster child for keeping low-wage workers down. America’s largest employer, with 1.4 million workers, refuses to provide most of them with an income they can live on.

Unfettered Capitalism Leads to Corruption

Unfettered Capitalism Leads to Corruption

Charles Hayes: At its best, capitalism dramatically improves lives; at its worst, unchecked greed ravages the environment, oppresses individuals, and destroys culture. Capitalism is analogous to radiation. Used carefully, it can produce miraculous results, while overuse kills.

Tim Geithner’s Pillow Book

Tim Geithner

RJ Eskow: It’s not that Tim Geithner is venal, or evil, or corrupt. The problem is that he is deeply embedded in a social group whose worldview is insulated from the very experiences and viewpoints that could have enriched and improved Geithner’s public service immeasurably.

Better Than Redistributing Income

Redistributing Income

Richard Wolff: Bringing democratic decision-making into the core organization of enterprises provides the best chance for a less unequal initial distribution of income than is now common in most societies.

Too Much Talk About Taxes

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Steve Hochstadt: Our conversations about government all seem to revolve around whether the tax rate is high or low, or who should pay more or less. We need to talk more about what we want government to do.

Did Washington Rescue the Wrong Economy?

Tim Geithner Is Wrong

Richard Eskow: Borrower relief has an even greater stimulus effect than originally thought — if it is targeted towards non-wealthy homeowners. Wealthier homeowners are less likely to spend money when offered debt relief.