Robert Reich: It’s estimated that in five years over 40 percent of the American labor force will be in such uncertain work; in a decade, most of us.
Peter Dreier: Pasadena Minimum Wage Law — Pasadena residents working at low-wage jobs in Los Angeles will get a pay increase of $23 million.
Ellen Brown: In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?
Steven Singer: If only we had a natural defense against prejudice. Racism, classism, xenophobia, sexism, homophobia – we take all that in with every breath.
RJ Eskow: In today’s environment, reinstating Glass-Steagall is not just the right policy – although it is certainly that. It’s also an excellent litmus test for politicians who say they’re willing to take on Wall Street.
RJ Eskow: Third Way’s argument against inequality as a leading source of our current economic woes puts them directly at odds with leading economists, including Nobel Prize winner Joseph Stiglitz.
Chris Sosa: Poor Americans are the group we should be discussing more than middle-income Americans, and the Congressional Budget Office has troubling analyses on why that group is getting poorer.
Robert Reich: Something odd happened. It turned out that many of the conservative Republicans and Tea Partiers I met agreed with much of what I had to say, and I agreed with them.
Leonard Isenberg: Democratic socialism programs arguably have saved free enterprise capitalism in our country and around the world by cleaning up after the unrestrained excesses of endemic corporate greed that has cyclically been allowed to continuously tank the world economy.
Mark Naison: After five years, you look around and you are a stranger where you once felt at home. None of the people who worked to bring back the neighborhood from crime and violence and disinvestment are still there
Lawrence Wittner: The shock and disbelief with which many political pundits have responded to Bernie Sanders’s description of himself as a “democratic socialist”—a supporter of democratic control of the economy—provide a clear indication of how little they know about the popularity and influence of democratic socialism over the course of American history.
Ellen Brown: One good gimmick deserves another. The debt ceiling could be eliminated for good, by restoring to the government its constitutional authority to create money.
Steve Hochstadt: By obscuring these uncomfortable elements of Adam Smith’s theory, free market absolutists offer another myth: regulation has only costs, not benefits.