Mr. Obama, You’re No Socialist

brian patrick moore

Berry Craig: One of the strangest—and for me, most annoying—perversions of politics in the Obama era is the meme pursued by so many on the right suggesting that this president is a raging socialist who seeks to install a permanent welfare state in America—despite all evidence to the contrary

Paul Krugman Discovers Marx (and Misses the Point)

paul krugman

Ann Robertson and Bill Leumer: Amazingly, Krugman never mentions the decline of organized labor as a huge factor explaining the decline of the standard of living of working people, adding that there has been so little discussion of these developments.

A Capitalism for the People

luigi zingales

John Peeler: We need a capitalism in which no firm is too big to fail, in which corporations serve the public interest, and in which every person has a solid foundation for living a productive life..

The Free Market in China: Just How Free Is ‘Free’?

bejiing street

Steve Hochstadt: For many people in the U.S., the fact that China is ruled by the Communist Party provides a ready-made answer — communism is the opposite of freedom.

Taxing the Rich and the Jobs Crisis

wealth and labor

Ann Robertson and Bill Leumer: Taxing the rich and using the money to finance a massive jobs program, as was done in the 1930s, can certainly substantially lower unemployment.

Can Obama Stop Casino Capitalism?

obama biden

Shamus Cooke: The banking oligarchy is so intertwined with the political and economic establishment that real regulatory change cannot happen until the system itself is transformed from below, by a powerful social movement. Pleading to politicians to fix so-called Casino Capitalism is increasingly naive.

Not Socialism, but Better, Fairer Capitalism

socialism and capitalism

Robert Reich: The answer is to reform capitalism. The world’s productivity revolution is outpacing the political will of rich societies to fairly distribute its benefits.

Can Capitalist Cultures Become More Humane?

homeless man

Walter Moss: The capitalist cultures of corporations and other capitalist institutions can become more humane. Whether they will or not is another question.

The White Working Class Was Bamboozled

union organizing

David Love: If Stockholm Syndrome relates to the feeling of empathy that kidnap victims have with their captors, then certainly what we are witnessing today is a Stockholm Syndrome of those on the losing end of American capitalism.

An Apology for Mass Mexican Deportation

deported mexicans great depression

Bill Fletcher: For right-wing populists and for too many of our own people, it is easier to blame the immigrant for our suffering than to recognize that capitalism will use whoever it can to weaken the power of working people.

Keynes and Hayek, Obama and the Republicans

friedrich von hayek

Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

Ron Paul, Ross Perot

ross perot

Brent Budowsky: Whether the 2012 champion of patriotic capitalism against crony capitalism is Ron Paul, Jon Huntsman, Obama or someone else, that candidate will win a standing ovation from a grateful nation rebelling against corruption, whether that leader is Democratic, Republican or Independent.

Capitalism Is the Enemy of Democracy

occupy la arrest

David Kristjanson-Gural: Excluding people from having a say over what happens to the wealth we create is the first and the most fundamental way that any capitalist system undermines democracy. We are fundamentally disenfranchised in the places we work.

Real Social Security: A Just Distribution of Wealth

Elizabeth Warren2

Charles Hayes: When I hear senate candidate Elizabeth Warren explain to an audience that no one makes a fortune in America all on their own, I can’t help but wonder why it has taken so long for this argument to surface.

Cuba’s “Silent Transition” Toward A Free Market Economy

cuba

Sherwood Ross: Whatever the shape of the future, Raul Castro, who promised Cuba would never return to capitalism, appears to be doing just that.

Is Consumer Capitalism Outdated?

Walter Moss: If consumer capitalism is indeed replaced by a new economic structure, many capitalist bricks may still be needed for any new construction. Whether we choose to attempt new building or just apply a little patching here or there is up to us.

Why Conservatives Need to Support the #OccupyWallStreet Movement

occupy wall street

David Love: Conservatives proclaim that they believe in freedom and the free market. But freedom never meant the right of a handful to steal most of the nation’s wealth, run roughshod over the rest of us and wreck the country for a buck.

We Could Use A Little Class Warfare Right Now

wall street protests

David Love: American politics is legalized bribery and corruption. With the social welfare system peeling away for austerity’s sake, American capitalism, unfettered, is reverting back to its natural state of exploitation – allowing a few winners, mostly losers, and a lot of cold-bloodedness and cold-heartedness to go around.

How Not To Talk About Financial Panics: New Rules For Pundits

economy-sinking

James Livingston: Never act like you know what will happen next. You don’t, and nobody else does either. In fact, nobody knows what just happened.

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From Casey Anthony to Wall Street: Crime Pays

casey-anthony-wide

Brent Budowsky: One of the great sources of outrage in our age is that again and again, crime pays. The victims, from young girls who die while vermin eat their corpse to embezzled investors who lose their money, from tortured prisoners to jobless workers to homeless victims of mortgage fraud, pay the price.

Reimagining Capitalism: An End to Mythologies

market-wide

John Peeler: The economy, like the polity, ought to be democratically controlled. Democracy should operate at the level of the firm as well as the community: employees should be owners.

Made in 
the USA

iwo-jima-wide

Brent Budowsky: Buy American. Each of us individually and together has the power to lift our land the way previous generations of Americans lifted America to defeat depression, prevail in war and soar to the moon in less than a decade.

Don’t Use The ‘Free Market’ As An Excuse

media-monopolies

Tina Dupuy: The truth is we don’t have a “free market.” Never have and probably never will. So when politicians like representatives Paul Ryan and Michele Bachmann talk about how this savior-in-theory can deliver us – it can’t.

A Question for Governor Kasich

john-kasich-wide

Bob Letcher: Do you have an approach for getting people past the bitterness that divides them, so that they can reinvent capitalism together; or, do you think that capitalism doesn’t need reinventing,?”

Americans Would Doom an American Reconstruction Effort

nuclear-tsunami-wide

David Love: I’m betting on Japan to win this, with their ganbatte spirit, highly educated workforce, long-term strategy and dedication to technological advancement.

Economic Powerhouse Germany

germany

Steven Hill: Germany has evolved a social capitalism which has proven to be more stable and efficient than America’s Wall Street capitalism, not to mention more ecologically sustainable.

Faith Predators: Looting the American Dream

bible

Sikivu Hutchinson: The solipsism of the prosperity gospel as vehicle for commodity capitalism mires African-American communities in an endless spiral of dependence on the supernatural.

New Politics, Patriotic Capitalism

David and Holly Petraeus

Brent Budowsky: This is the first in a series of columns that will propose that progressive populist Democrats and conservative populist Republicans unite behind new economic policies that I will call patriotic capitalism.



Seven Reasons Why Capitalism Can’t Recover Anytime Soon

economy

Shamus Cooke: To deal with working people more ruthlessly, the radical right is being unleashed. In normal times these bigots yell furiously but no one listens. But in times of economic crisis they’re given endless airtime on all major media outlets.

Disaster Capitalism in Haiti, New Orleans, Congo and Pakistan

Ezili Danto

Ezili Dantò: Since the 2004 Bush regime change in Haiti, US large footprint in “poor?” Haiti keeps increasing. US Embassy in Haiti is the fifth largest US Embassy compound in the world, after Iraq, Afghanistan, China
and Germany.

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