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.
Walter Moss: Dorothy Day’s work and legacy serve as a gentle reminder to politicians and those of us among the “chattering classes,” that what matters most is not what we say or how we or others label us, but how we contribute to the common good.
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.
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.
Robert Reich: With corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you’d expect jobs be coming back. But you’d be wrong.
John Peeler: “Winner-Take-All Politics” provides a well-documented analysis of how the United States government, since the 1970s, has systematically enriched the top one percent of the country at the expense of everyone else. Written by distinguished political scientists, Jacob Hacker and Paul Pierson, the book shows how big business interests ratcheted up their national organizations to defend their interests in national policy debates. In addition to employing far stronger lobbying, these interests created think-tanks such as the American Enterprise Institute and the Heritage Foundation, designed to challenge the liberal conventional wisdom of the New Deal and Great Society and replace it with an explicitly conservative, free-market-oriented way of thinking.
Robert Reich: Nothing is trickling down to the Average Worker economy. Job growth is still anemic. Unemployment won’t get down to pre-recession levels for 20 years. And almost half of October’s new jobs were in temporary help.
Steve Hill: the government of Chancellor Angela Merkel not only pursued different economic policies than the Obama administration, but Germany also has a greater degree of economic democracy than the U.S.
Gary Corseri: Each of the 16 authors in this collection of contemporary essays and articles about our New-World-Order socio-political-economic mess are digging at the roots of evil; each exposes another layer of lies, frauds, half-truths, myths or cover-ups about the way our global system actually operates.
Tom Hall: Every time that they’ve had the chance, Republicans have given our tax dollars to corporations for the specific purpose of moving our jobs to China and other anti-democratic Asian nations.