Karen Finney: Weeks after the election, congressional Republicans are still clinging to similar bad math and bad assumptions that th eRomney campaign made, yet hoping for a different result.
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.
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.
Mark Bowen: In baseball, as in life, we need people like Bud Selig to exercise their judgment as to when certain challenges have gone too far. But in baseball, as in life, we’ll eventually get to the point where our paranoia over imagined unintended consequences gives way to our recognition of the value of doing the job right.
Walter Moss: As we face the simultaneous challenges of creating more jobs and a more sustainable environment for our children and grandchildren, are we not capable of new thinking? Are we not capable of demonstrating that yes, we can evolve toward an economy that evidences more of what Schumacher thought it should — Beauty, Truth, and Goodness?
Robert Reich: Paper entrepreneurs ensure that capital is allocated efficiently among product enrepreneurs. But paper entrepreneurs do not directly enlarge the economic pie. They only arrange and divide the slices. They provide nothing of tangible use. For an economy to maintain its health, entrepreneurial rewards should flow primarily to product, not paper.
Every Friday the LA Progressive features a comment that was particularly noteworthy. This week we are featuring a comment submitted by Wayne Williams, commenting on “The Walled Garden: Fading Away at the California Democratic Party,” by Brad Parker. Wayne writes: “Those of us who have watched the machinations of the party leadership parade before us [...]