Steve Hochstadt: The problem with treating corporations as people for the purpose of political speech is that it provides another opportunity for rich and powerful corporate executives to magnify their speech with money which belongs to others.
Romney Likes Unions — in Poland
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Berry Craig: While Romney saluted Solidarity, he conveniently omitted the role of trade unions in building the American middle class.
Thoughts on Tax Day 2012
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Robert Reich: I worry about the well-financed big lies that the very rich are the nation’s “job creators,” that the benefits from tax cuts on the rich “trickle down” to everyone else.
Protests, Not Parades, This Labor Day
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Robert Reich: Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.
American Competitiveness, and the President’s New Relationship with American Business
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Robert Reich: President Obama must not be seduced into believing — and must not allow the public to be similarly seduced into thinking — that the well-being of American business is synonymous with the well-being of Americans.
The Big Lie
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Robert Reich: Americans no longer have the purchasing power to keep the economy going at full capacity. Since the debt bubble burst, most Americans have had to reduce their spending; they need to repay their debts, can’t borrow as before, and must save for retirement.
Economic “Recovery?” Not for You and Me
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Jim Fuller: The essential hidden fact of economics in 21st century America: What we have is exactly what the tiny economic elite, the one or two percent of richest Americans, wants us to have.
Why We Are Moving Toward a Recessionary Era
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Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.
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Putting the Brakes on the Corporate Model
Ron Wolff: How ironic (and unfortunate) it is that Toyota’s massive current crisis was caused, by its own admission, by a switch from the traditional Japanese model of high quality to the Western desire for growth and profit.