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The U.S. senator and former presidential candidate offers a progressive takedown of the uber-capitalist status quo that has enriched millionaires and billionaires at the expense of the working class, and presents a blueprint for what transformational change would actually look like.
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Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy.
Today, America has greater wealth inequality and lower social mobility...
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Future America, governed by President Durham, is in a recession, saddled with a socialized healthcare system and crippling taxes. The citizens are demoralized and the government seeks to use the country's entrepreneurs and wealth-makers to get America back on its feet. One such patriot, however, has different plans: raise Atlantis and create a new America, one based on the founding principles of the nation. Now he just has to get his friends and family...
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Robust financial markets support capitalism, they don't imperil it. But in 2008, Washington policymakers were compelled to replace private risk-takers in the financial system with government capital so that money and credit flows wouldn't stop, precipitating a depression. Washington's actions weren't the start of government distortions in the financial industry, Nicole Gelinas writes, but the natural result of 25 years' worth of such distortions....
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The sustainable business expert and author of Climate Solutions presents a plan to upgrade capitalism to meet the challenges of the twenty-first century.
The commons-the collective natural and cultural resources that belong to all of humanity-is currently under siege. It is being squandered under our current version of corporate, globalized capitalism. This is Capitalism 2.0. And, according to Peter Barnes, we're long overdue for an upgrade.
Our...
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"In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch's achievements didn't stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE's stock price ever higher, often at the expense of workers, consumers,...
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On Wall Street, in the culture of high tech, in American government: Libertarianism-the simple but radical idea that the only purpose of government is to protect its citizens and their property against direct violence and threat-has become an extremely influential strain of thought. But while many books talk about libertarian ideas, none until now has explored the history of this uniquely American movement-where and who it came from, how it evolved,...
10) Wealth supremacy: how the extractive economy and the biased rules of capitalism drive today's crises
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"Author of The Divine Right of Capital exposes the myths of capitalism today and calls for an end to wealth supremacy and capital bias. Wealth Supremacy makes a case that no one else is making: instead of pointing to billionaires as the sole problem or being another analysis of wealth inequality, it clearly articulates the pervasive, unnamed bias toward wealth that invisibly pervades the system. We know the system is rigged-what isn't commonly understood...
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Pulitzer Prize-winning economic journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. Thirty years ago, "greed is good" and "maximizing shareholder value" became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from...
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Journalist Barry C. Lynn paints an alarming picture: most of our public debates about globalization, competitiveness, creative destruction, and risky finance are nothing more than a cover for the widespread consolidation of power in nearly every sector of the American economy.
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"The progressive economics writer redefines the national conversation about American freedom"--
Health insurance, student loan debt, retirement savings, child care, work-life balance, access to home ownership-- these are the issues driving America's current political debates. Konczal believes they are all linked by a single question: should we allow the free market to determine our lives? His answer is a resounding "no". With chapters on the history...
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We all know that the very rich have gotten a lot richer these past few decades while most Americans haven't. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have fallen behind. Why do the "have-it-alls" have so much more? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it-until now.In their lively and provocative...
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Americans have always loved guns. This special bond was forged during the American Revolution and sanctified by the Second Amendment. It is because of this exceptional relationship that American civilians are more heavily armed than the citizens of any other nation. Or so we're told. In The Gunning of America, historian Pamela Haag overturns this conventional wisdom. American gun culture, she argues, developed not because the gun was exceptional,...
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Argues that the solution to increasing income inequality in the United States is not to increase taxes on the rich, but to phase out welfare programs and create a culture of achievement.
To save the American Dream we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. Watkins and Brook believe that the American Dream is under attack-- but that the real key to making America a freer,...
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"In this vivid and surprising history, we meet activists, investors, executives, and workers who fought over a simple question: Is the role of the corporation to deliver profits to shareholders, or something more? On one side were "business statesmen" who believed corporate largess could solve social problems. On the other were libertarian intellectuals such as Milton Friedman and his oft-forgotten contemporary, Henry Manne, whose theories justified...
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2014.
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With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing...
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"American democratic capitalism is in danger. How can we save it? For its first 200 years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency, spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentenary in 1976, the American economy was the envy of the world....
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We love to hate the 800-pound gorilla. Walmart and Amazon destroy communities and small businesses. Facebook turns us into addicts while putting our personal data at risk. From skeptical politicians like Bernie Sanders who, at a 2016 presidential campaign rally said, “If a bank is too big to fail, it is too big to exist,” to millennials, only 42 percent of whom support capitalism, belief in big business is at an all-time low. But are big companies...
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