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..
Robert Reich: As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big. By all means, give regulators resolution authority and also impose the tightest regulations possible. But Congress and the White House shouldn’t stop there. Limits should be placed on how big big banks can become.
Is a “cap and trade” system for managing U.S. emissions of carbon dioxide likely to be as successful as the sulfur dioxide “cap and trade” program established by the Clean Air Act of 1990? Most people familiar with the sulfur program agree that it has been a success. Yet plans to use the same kind [...]