Jan 14, 2012

GOP candidates dyeing their white collars blue

With attacks on Mitt Romney’s career as a venture capitalist coming fast and furious from his primary opponents, the Republican presidential campaigns have entered strange new territory for the GOP: economic reality, or, more precisely, the economy that most people experience. Most people, it ...

Jan 11, 2012

U.S. no longer a land of opportunity

“Over the past three years, Barack Obama has been replacing our merit-based society with an Entitlement Society,” Mitt Romney wrote in USA Today last month. The coming election, Romney told Wall Street Journal editors last month, will be “a very simple choice” between Obama’s ...

Nov 30, 2011

Clash of democracy and capitalism

Do capitalism and democracy conflict? Does each weaken the other? To the American ear, these questions sound bizarre. Capitalism and democracy are bound together like Siamese twins, are they not? That was our mantra during the Cold War, when it was abundantly clear that ...

Nov 23, 2011

The occupiers are gone, but the suites remain

The tents are gone from Zuccotti Park, though tents, and their attendant grunge, were hardly what Occupy Wall Street was about. The pathologies of the streets that came with urban encampment have been, if not dispelled, at least dispersed. The pathologies of the suites ...

Nov 12, 2011

The eurozone's turmoil is bound to continue

Italy and Greece are not Germany. Until recently, Germany did not want them to be. They were lands of the sunny south, of less work-driven, more pleasure-oriented cultures. To Germans, they smelled of sex (see Thomas Mann) and good food. Consider, as one illustration ...

Oct 8, 2011

Rescuing America from Wall Street

Better late than never, the movement to take America back from Wall Street has arrived. This week the ranks of the Occupy Wall Street encampment swelled as MoveOn.org members, union activists and ordinary disgruntled citizens joined the demonstration against our financial sector’s misrule of ...

Sep 8, 2011

America's post-industrial society going bust

Of all the lies that the American people have been told the past four decades, the biggest one may be this: We’ll all come out ahead in the shift from an industrial to a post-industrial society. Yes, we were counseled, there will be major ...

Sep 5, 2011

Jobs could reboot working class

In the week since he announced he was stepping down as Apple’s CEO, Steve Jobs has been accorded the kind of demigod status that Americans bestow on the handful of their countrymen who invent, manufacture and market the goods that change their lives for ...

Aug 27, 2011

The GOP's tax increase hits the wrong target

America’s presumably anti-tax party wants to raise your taxes. Come January, the Republicans plan to raise the taxes of anyone who earns $50,000 a year by $1,000, and anyone who makes $100,000 by $2,000. Their tax hike doesn’t apply to income from investments. It ...

Aug 24, 2011

Rick Perry: America's Manchurian candidate

Rick Perry’s Texas is Ross Perot’s Mexico come north. Through a range of enticements we more commonly associate with Third World nations — low wages, no benefits, high rates of poverty, scant taxes, few regulations and generous corporate subsidies — the state has produced ...