GOP Still Making Bad Assumptions

gop stale mates

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.

The False Lure of Third Parties

romney disaster

Tom Hall: Third parties offer, once every four years, the pretense that their presidential candidates, with no supporting body of local, state or Congressional allies, will make major changes in “the system”. This is balderdash.

Money, Power, and Politics

electrical union

Ann Robertson and Bill Leumer. As a result of the unions’ current orientation toward the Democratic Party, one must look long and hard for compelling examples, aside from the 1930s, when unions put up a valiant struggle.

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.

Mitt’s Low-Tax Killing

romney fever

Robert Reich: Now that Mitt Romney is the presumed Republican candidate, it’s fair to ask how he made so much money ($21 million in 2010 alone) and paid such a low tax rate (only 14.9 percent).

Shutting Cities Down: Now and Then

national motto

Lee Fang: The American political and economic system is falling apart. No matter who wins an election, in many cases, the outcomes are the same: well-heeled corporate interests dictate policy.

Is Consumer Capitalism Outdated?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.

Imperfections

joyce blown call

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.

From an Economy of Consumption to an Economy of Sustainability

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?

Paper Entrepreneurs Beating Product Entrepreneurs: 30 Years On

Stock-broker

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.

Friday Feedack: Dorothy and the Land of Oz, Indeed

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 [...]

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