Is an American creditor more powerful than the President?
For one of the country’s greatest orators, Martin Luther King Jr. rarely gets his say on labor. It’s as if some keepers of his flame don’t want to hear him say that we are not free at last until labor can check capital. Yet even they must know, if only dimly, that the March on [...]
The speech that everyone gets wrong.
My editorial in the Akron Beacon Journal. CHICAGO: As a lawyer I work for people like you — people who lose their health insurance, or who are fired because they’re sick. Sometimes they’re people who never dreamed they’d get whacked, but the boss walks in, and poof, they’re gone. Our little law firm represents people [...]
If U.S. President Barack Obama wins re-election, let him thank his lucky stars that entitlements are out of control. If Medicare was capped and couldn’t shoot up automatically, unemployment would probably be in double digits
From the New Press… Tired of working ’til you drop and not going anywhere? Try to imagine your life in a full-blown European social democracy—especially the German version. In an idiosyncratic, entertaining travelogue written in a “chatty, anecdotal style [that’s] appealingly digressive and winning” (Publishers Weekly), Thomas Geoghegan explains the appeal of “boring” Germany, where workers sit as [...]
The tea party has a secret: it wants to raise your taxes.
Come on, Democrats: think of F.D.R., Robert Wagner, or heck, even Lyndon B. Johnson. Let’s ask ourselves: Who are we for?
In the U.S., the over 43 million people living in poverty aren’t going to save. We have an inequality index that can go head to head with Egypt’s. Of course food’s cheaper here, so no one’s in the streets. As for the middle class, the collapse of unions explains the rest.
Since nothing breeds change like ambitions born of discontent, maybe, if he rattles up enough readers with notions of a better way of living, Geoghegan will eventually succeed in bringing us a few steps closer to his European dream. That would be nice. And even if he doesn’t, we’ll start to think twice about defining happiness and well-being via GDP statistics – a definite and resoundingly human step in the right direction.
On Tom’s Bookshelf
Barbara Ehrenreich - Blood Rites: Origins and History of the Passions of War
Jefferson Cowie - Stayin' Alive: The 1970s and the Last Days of the Working Class
Simon Johnson and James Kwak - Thirteen Bankers
Richard Rorty - Philosophy and the Mirror of Nature
Olivia Manning - Fortunes of War: the Balkan Trilogy