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Third World America: How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream by Arianna Huffington
American Society of Civil Engineers: Report Card, Bernie Madoff, Bernie Sanders, call centre, carried interest, citizen journalism, clean water, collateralized debt obligation, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, David Brooks, extreme commuting, Exxon Valdez, full employment, greed is good, housing crisis, immigration reform, invisible hand, knowledge economy, laissez-faire capitalism, late fees, market bubble, market fundamentalism, Martin Wolf, medical bankruptcy, microcredit, new economy, New Journalism, offshore financial centre, Ponzi scheme, post-work, Report Card for America’s Infrastructure, Richard Florida, Ronald Reagan, Rosa Parks, single-payer health, smart grid, The Wealth of Nations by Adam Smith, too big to fail, transcontinental railway, trickle-down economics, winner-take-all economy, working poor, Works Progress Administration
Single payer never made it out of the gate when it came to health-care reform. But we should bring it into education reform. In a single-payer health-care plan, the federal government provides coverage for all U.S. citizens and legal residents. Patients don’t go to a government doctor—they just have the government pay the bill. And that’s how it would work with education. In a single-payer education plan, the federal government, in conjunction with the states, would provide an education allotment for every parent of a K–12 child. Parents would then be free to enroll their child in the school of their choice. In a single-payer health-care plan, all citizens would be free to select the physician and hospital of their choice. And, unlike in our education system, no one backing single-payer health care ever suggested that patients can see only a doctor in their own district or can be operated on only at the hospital down the street.
Rendezvous With Oblivion: Reports From a Sinking Society by Thomas Frank
Affordable Care Act / Obamacare, Bernie Sanders, big-box store, business climate, business cycle, call centre, crowdsourcing, David Brooks, deindustrialization, deskilling, Donald Trump, edge city, Frank Gehry, high net worth, income inequality, Jane Jacobs, Jeff Bezos, McMansion, new economy, New Urbanism, obamacare, offshore financial centre, plutocrats, Plutocrats, Ponzi scheme, profit maximization, Ralph Nader, Richard Florida, Ronald Reagan, Silicon Valley, single-payer health, The Death and Life of Great American Cities, too big to fail, urban planning, Washington Consensus, Works Progress Administration
But it was the news media’s attitude toward yet a third politician, Senator Bernie Sanders of Vermont, that best revealed the peculiar politics of the media in this time of difficulty and transition (or, depending on your panic threshold, industry-wide apocalypse) for newspapers. To refresh your memory, the Vermont senator is an independent who likes to call himself a democratic socialist. He ran for the nomination on a platform of New Deal–style economic interventions such as single-payer health insurance, a regulatory war on big banks, and free tuition at public universities. Sanders was well to the left of where modern Democratic presidential candidates ordinarily stand, and in most elections he would have been dismissed as a marginal figure, more petrified wood than presidential timber. But 2016 was different. It was a volcanic year, with the middle class erupting over a recovery that didn’t include them and over the obvious indifference of Washington, D.C., toward the economic suffering in vast reaches of the country.
Think of all the grand ideas that flicker in the background of the Sanders-denouncing stories I have just recounted. There is the admiration for consensus, the worship of pragmatism and bipartisanship, the contempt for populist outcry, the repeated equating of dissent with partisan disloyalty. And think also of the loser ideas this pragmatism engendered: the cheers for TARP, the indignant refusal to question the DNC, the dismissal of single-payer health care as a preposterous dream. Why are worshipers of competence often so incompetent? What I am describing, of course, is the ideology of the professional class, of sound-minded East Coast strivers, fresh out of Princeton or Harvard, eagerly quoting as “authorities” their peers in the other professions, whether economists at MIT or analysts at Credit Suisse or political scientists at Brookings.
Empire of Illusion: The End of Literacy and the Triumph of Spectacle by Chris Hedges
Albert Einstein, Ayatollah Khomeini, Cal Newport, clean water, collective bargaining, corporate governance, creative destruction, Credit Default Swap, haute couture, Honoré de Balzac, Howard Zinn, illegal immigration, income inequality, Joseph Schumpeter, Naomi Klein, offshore financial centre, Ralph Nader, Ronald Reagan, single-payer health, social intelligence, statistical model, uranium enrichment
These corporations, not we, pick who runs for president, Congress, judgeships, and most state legislatures. You cannot, in most instances, be a viable candidate without their blessing and money. These corporations, including the Commission on Presidential Debates (a private organization), determine who gets to speak and what issues candidates can or cannot challenge, from universal, not-for-profit, single-payer health care to Wall Street bailouts to NAFTA. If you do not follow the corporate script, you become as marginal and invisible as Dennis Kucinich, Ralph Nader, or Cynthia McKinney. This is why most Democrats opposed Pennsylvania Democratic House Representative John Murtha’s call for immediate withdrawal from Iraq—something that would dry up profits for companies like Halliburton—and supported continued funding for the war.
It is why most voted to reauthorize the Patriot Act. It is why the party opposed an amendment that was part of a bankruptcy bill that would have capped credit card interest rates at 30 percent. It is why corporatist politicians opposed a bill that would have reformed the notorious Mining Law of 1872, which allows mineral companies to plunder federal land for profit. It is why they did not back the single-payer health-care bill House Resolution 676, sponsored by Representatives Kucinich and John Conyers. It is why so many politicians advocate nuclear power. It is why many backed the class-action “reform” bill—the Class Action Fairness Act (CAFA)—that was part of a large lobbying effort by financial firms. CAFA would effectively shut down state courts as a venue to hear most class-action lawsuits. Workers, under CAFA, would no longer have redress in many of the courts where these cases have a chance of defying powerful corporations.
Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required by Kristy Shen, Bryce Leung
"side hustle", Affordable Care Act / Obamacare, Airbnb, asset allocation, barriers to entry, buy low sell high, call centre, car-free, Columbine, cuban missile crisis, Deng Xiaoping, Elon Musk, fear of failure, financial independence, fixed income, follow your passion, hedonic treadmill, income inequality, index fund, longitudinal study, low cost airline, Mark Zuckerberg, mortgage debt, obamacare, offshore financial centre, passive income, Ponzi scheme, risk tolerance, risk/return, Silicon Valley, single-payer health, Snapchat, Steve Jobs, supply-chain management, the rule of 72, working poor, Y2K, Zipcar
We’re only including this policy in case America reverts to its pre-Obamacare health care system. Expat Insurance But now I’d like to talk about my solution. Meaning, this is what we do for health insurance. It may surprise many readers that we have to do anything at all. After all, we are Canadian. Aren’t we supposed to have a gold-plated government-run single-payer health care system at our disposal? Surprisingly, no! Canadians are only eligible for our gold-plated government-run single-payer health care system if they live in Canada. Once we left Ontario for more than two years, we lost our health insurance. That’s right. We were faced with the same flop-sweat-inducing terror of being uninsured as our American friends. So what did I do? The same thing you would have done. I Googled. Turns out, there’s a whole world of insurance for people like us.
Two Nations, Indivisible: A History of Inequality in America: A History of Inequality in America by Jamie Bronstein
Affordable Care Act / Obamacare, back-to-the-land, barriers to entry, basic income, Bernie Sanders, big-box store, blue-collar work, Branko Milanovic, British Empire, Capital in the Twenty-First Century by Thomas Piketty, clean water, cognitive dissonance, collateralized debt obligation, collective bargaining, Community Supported Agriculture, corporate personhood, crony capitalism, deindustrialization, desegregation, Donald Trump, ending welfare as we know it, Frederick Winslow Taylor, full employment, Gini coefficient, income inequality, interchangeable parts, invisible hand, job automation, John Maynard Keynes: technological unemployment, labor-force participation, land reform, land tenure, longitudinal study, low skilled workers, low-wage service sector, mandatory minimum, mass incarceration, minimum wage unemployment, moral hazard, moral panic, mortgage debt, New Urbanism, non-tariff barriers, obamacare, occupational segregation, Occupy movement, oil shock, plutocrats, Plutocrats, price discrimination, race to the bottom, rent control, road to serfdom, Ronald Reagan, Sam Peltzman, Scientific racism, Simon Kuznets, single-payer health, strikebreaker, too big to fail, trade route, transcontinental railway, Triangle Shirtwaist Factory, trickle-down economics, universal basic income, Upton Sinclair, upwardly mobile, urban renewal, wage slave, War on Poverty, women in the workforce, working poor, Works Progress Administration
Democratic presidential hopeful Bernie Sanders made economic inequality one of the cornerstones of his unexpectedly popular campaign: “Unchecked growth—especially when 99 percent of all new income goes to the top 1 percent—is absurd … Where we’ve got to move is not growth for the sake of growth, but we’ve got to move to a society that provides a high quality of life for our people.” Sanders mentioned free college tuition and single-payer health care as important initiatives in this regard.12 At the same time that Americans seem to be grasping for answers to the problem of inequality, the history of American beliefs about, and policies toward, inequality remains understudied.13 In one of the few exceptions to this rule, Securing the Fruits of Labor (1998), James L. Huston argued that from 1765 to 1900, Americans believed that equality and democracy were inseparable but saw the solution to that problem in political measures rather than economic ones.
Although this growth rate slowed after 1973 as the price of energy (and thus the price of production) dramatically increased, by 1979, U.S. annual production was three times what it had been in 1948.3 At the same time that inequality was decreasing, Cold War politics constrained the development of the American welfare state. As the United States and the Soviet Union adopted Cold War stances, even those Americans who had favored some degree of central planning during the 1930s, and particularly during World War II, backed off. Now it was widely believed that government intervention in the economy led to totalitarianism, and that economic freedom was a necessary condition for political freedom.4 Single-payer health insurance and public pensions were rejected in favor of employer-provided benefits. But later, as American industries downsized or moved overseas in the 1970s, health care and retirement would be jeopardized.5 As inequality decreased and the economy grew, prosperous America could afford political concern for “pockets of poverty” in inner cities and Appalachia. Books like The Other America (1962) and Night Comes to the Cumberlands (1963), and television exposés by journalist Edward R.
I Love Capitalism!: An American Story by Ken Langone
activist fund / activist shareholder / activist investor, Berlin Wall, Bernie Madoff, Bernie Sanders, business climate, corporate governance, East Village, fixed income, glass ceiling, income inequality, Paul Samuelson, Ronald Reagan, short selling, Silicon Valley, single-payer health, six sigma, VA Linux, Y2K, zero-sum game
When Bernie Sanders campaigned for the presidency in 2016, I’m afraid he got a lot of college kids to believe that capitalism is bad and that America is headed, or should be headed, toward something that, in my mind, resembles socialism: Guaranteed income. Free college tuition. Single-payer health care. I disagree. Strongly. Guaranteed income: Where’s the incentive to do more, or to do better, if the money you get is detached from the work you do and the effort you put into it? Free tuition: Sounds great, but where’s that money going to come from? Single-payer health care: How are you going to feel about going to a hospital with a serious condition when you have no choice about where to go? I disagree with socialism not (as you might believe) because I’m a rich guy trying to hold on to my money. I disagree because socialism is based on the false notion that we should all be exactly equal in every single way.
Affluenza: The All-Consuming Epidemic by John de Graaf, David Wann, Thomas H Naylor, David Horsey
big-box store, Community Supported Agriculture, Corrections Corporation of America, Donald Trump, Exxon Valdez, financial independence, Ford paid five dollars a day, full employment, God and Mammon, greed is good, income inequality, informal economy, invisible hand, Isaac Newton, Mark Shuttleworth, McMansion, medical malpractice, new economy, Peter Calthorpe, Ralph Nader, Ray Oldenburg, Ronald Reagan, Silicon Valley, Simon Kuznets, single-payer health, The Great Good Place, trade route, upwardly mobile, Yogi Berra, young professional
A variation on this idea that also has merit is to allow workers to take some of their “early retirement” at different stages of their careers, perhaps when they need more parenting time, for example. The ultimate idea, promoted in some European countries, is that a certain number of hours would constitute a total paid work life, with considerable flexibility around when the hours are worked. REMOVING THE BIG OBSTACLE TO WORK SHARING Of course, one additional public policy change would help make work sharing possible. It is single-payer health care, which would relieve the cost of health care provision for American employers. Because health care is so expensive, businesses find it more cost-effective to hire fewer workers and work them longer than pay benefits for more employees. The cost of employer-financed health care is the single most important factor in reducing the international competitiveness of American firms. With a single-payer system, Canada manages to cover all its citizens at a total cost per person that is far less than what we spend in the United States.
See social norms Curing Affluenza (video), 185 D dead zones, 105–6 debt, 18–21 DeWitt, Calvin, 132, 195–96 discontent advertising and, 42, 157, 159 dietary, 120–21 malls, 13, 14 market values and, 52–53 material wealth and, 24, 39, 115–17 self-esteem and, 123–24 sex, 121–22 social isolation and, 64–66, 68–71 throw-away society and, 49–50 See also fulfillment Doherty, William, 47–48 Dominguez, Joe, 179–81 Donovan, Webster, 107–8 Don’t Buy It (website), 219–20 Douglas, Tommy, 228 Dowie, Mark, 164–65 downshifters, 181, 185–86 Dungan, Nathan, 219–20 Dunning, David, 124 Durning, Alan, 95–96, 204 E Earth in Balance (Gore), 2 Earth Institutes, 186 ecological footprint, 96–97, 241 Economic and Philosophical Manuscripts of 1844 (Marx), 135–36 economics dissatisfaction and, 120 and the environment, 170 the G.I. Bill, 147, 149 globalization, 87–88 income inequality, 82–84 poverty, 82–83, 84–87 progress and, 3–4, 7 saving money and, 21–22 of scale, 66–67 single-payer health care, 228 sustainability and, 246, 247 taxes, 229–30 voluntary simplicity and, 232–33 workweek reduction and, 227 See also social class ecophobia, 192 education commercialization, 59–61, 231 Edwards, Felicia, 86 Ehrenreich, Barbara, 50, 85 Eisenhower, Dwight D., 149 Electronic Gaming Monthly (magazine), 58 Elgin, Duane, 183, 187 employment. See work emptiness. See discontent End of Patience (Schenk), 41 Engels, Friedrich, 135, 136 English-Leuck, Jan, 36 environmental impact of automobiles, 94–95, 167 chemical toxicity, 101–4 consumerism, 3, 6, 14, 152 dead zones, 105–6 ecological footprint, 96–97, 241 energy supply, 204 global warming, 166–68 housing toxins, 104 on the lower classes, 85–86 overview, 90–91 personal choice and, 93–94, 198–202, 204–5 policy, 199–200, 229, 245 products, 91–93, 202–4, 245, 246 sustainability and, 237, 245 voluntary simplicity and, 186–87 on wildlife, 97–99, 105–6 See also industrial toxicity; nature; sustainability Escape from Affluenza (documentary), 219 EU (European Union), 44, 230 Europe, 224, 228, 229, 230, 232 expectations automobiles, 25–27, 148–49 food, 27–28, 120–21, 247 housing, 24–25 luxuries, 27, 28–29, 30 standard of living, 23–24, 29–30 Expedia.com, 43–44 extended producer responsibility laws, 202–3, 230 F Faber, Ronald, 112–13 Faludi, Susan, 157, 159 family conservative values and, 52–53 free time and, 225–27 market values, 47–48, 50–52, 57–58 money stress and, 48–50 shopping and, 14 throw-away society and, 49–50 See also children Fever Index, 235 FOF (Focus on the Family), 51–52 food, 27–28, 107–8, 120–21, 247 Ford, Gerald R., 152 Ford, Henry, 148 Fortress America (Blakely), 69 Frank, Robert, 229 free time, 39–41, 43–45, 140–42, 225–27 Friedman, Meyer, 45–46 front groups, 163–64 fulfillment addiction and, 113 de-individualization, 79–80 depression and, 77–78 giving and, 73–74 leisure time and, 39–41, 43–45, 140–42 Marxist thought, 136–37 Maslow’s Hierarchy of Needs, 118–20 materialism, 76–79, 115–17, 235–37 non-material gain and, 151 right livelihood, 74–76, 236–37 See also discontent Furlong, Edward, 105 G Gailus, Jennifer, 62 Galbraith, John Kenneth, 24, 151, 158 GDP (gross domestic product) in the EU, 44 as outmoded measure, 7, 217 and social health, 70, 234, 239–41 Geller, Howard, 199, 204 Gelobter, Michel, 240 Geography of Nowhere (Kuntsler), 65 giving, 62, 73–74 Global Spin (Beder), 163 global warming, 166–68 globalization, 87–88 Goodman, Ellen, 36 Gore, Al, 2, 229 GPI (genuine progress indicator), 7, 239–41 Graham, Malory, 220 green tax system, 229–30 Green, William, 141, 143 Greenbrier High School (GA), 59 Greening Earth Society, 166, 168 Greening the Planet Earth (video), 166, 168 Greenway, Robert, 193–94 H Hagg, Ernest van den, 79–80 Haggard, Ted, 50 Hamm Creek, 73–74 happiness.
Why We're Polarized by Ezra Klein
affirmative action, Affordable Care Act / Obamacare, barriers to entry, Bernie Sanders, Cass Sunstein, centre right, Climategate, collapse of Lehman Brothers, currency manipulation / currency intervention, David Brooks, demographic transition, desegregation, Donald Trump, ending welfare as we know it, Ferguson, Missouri, illegal immigration, immigration reform, Nate Silver, obamacare, Ralph Nader, Ronald Reagan, Silicon Valley, single-payer health, source of truth
He famously ran against the left wing of his own party, flying back to Arkansas to preside over the execution of a brain-damaged inmate and publicly denouncing the rapper Sister Souljah. He worked with congressional Republicans to slash welfare and balance the federal budget. During his second term, he proudly declared that “the era of big government is over.” Health care offers an even starker example. In 1965, a Democratic president created a massive, single-payer health-care system for the nation’s elderly. But as liberal as Medicare was in both conception and execution, it received seventy Republican votes in the House as well as thirteen Republican votes in the Senate. Obamacare, by contrast, was modeled off Mitt Romney’s reforms in Massachusetts and built atop many Republican ideas;V it relied on private insurers for the bulk of its coverage expansion and ended up sacrificing its public option.
If people sort into two parties along the axis of their ideal marijuana policy, those two parties will offer increasingly clear positions on marijuana, and the undecided will be pushed to make a choice, thus further polarizing the country’s beliefs about cannabis. Polarization begets polarization. But it doesn’t beget extremism. We often assume that voters and political systems that split the difference are less extreme than those that don’t, but this idea proves incoherent upon a moment’s inspection. In 1965, most Senate Republicans joined with the Democratic Party to create Medicare, a single-payer health-care system for the elderly. In 2010, not a single congressional Republican voted for Obamacare, a health-care plan based on the system Republican governor Mitt Romney designed in Massachusetts. Under any definition, the 2010 system was more sorted and polarized than the 1965 system—opinions were better aligned by party, and fewer politicians found themselves in the middle. But was the 2010 system more ideologically extreme?
Beyond Outrage: Expanded Edition: What Has Gone Wrong With Our Economy and Our Democracy, and How to Fix It by Robert B. Reich
2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, affirmative action, banking crisis, business cycle, carried interest, collateralized debt obligation, collective bargaining, Credit Default Swap, credit default swaps / collateralized debt obligations, desegregation, full employment, Home mortgage interest deduction, job automation, Mahatma Gandhi, minimum wage unemployment, money market fund, Nelson Mandela, new economy, Occupy movement, offshore financial centre, plutocrats, Plutocrats, Ponzi scheme, race to the bottom, Ronald Reagan, single-payer health, special drawing rights, The Wealth of Nations by Adam Smith, Tim Cook: Apple, too big to fail, trickle-down economics, women in the workforce, working poor, zero-sum game
Get out of your issue cocoon. Too often, progressives become obsessed with one particular issue that becomes “their” fight, to the exclusion of everything else. Don’t get me wrong. It’s fine to fight for more efficient fuels or against climate change, or both; good to be concerned about human rights abuses or to push for gay rights or reproductive rights; worthwhile to mobilize around the needs of children, a single-payer health-care system, or cuts in military spending. But don’t be so mesmerized by any single issue—and don’t allow others to become so single-minded about their own fights—that we fail to join together on the bigger stuff that’s making it harder for the voices of average Americans to be heard on all of these issues and others: the growing concentration of income, wealth, and political power at the top; the increasing clout of global corporations and Wall Street; and the corruption of our democracy.
The Ones We've Been Waiting For: How a New Generation of Leaders Will Transform America by Charlotte Alter
"side hustle", 4chan, affirmative action, Affordable Care Act / Obamacare, basic income, Berlin Wall, Bernie Sanders, carbon footprint, clean water, collective bargaining, Columbine, corporate personhood, correlation does not imply causation, Credit Default Swap, crowdsourcing, David Brooks, Donald Trump, double helix, East Village, ending welfare as we know it, Fall of the Berlin Wall, feminist movement, Ferguson, Missouri, financial deregulation, Francis Fukuyama: the end of history, gig economy, glass ceiling, Google Hangouts, housing crisis, illegal immigration, immigration reform, income inequality, Intergovernmental Panel on Climate Change (IPCC), job-hopping, Kevin Kelly, knowledge economy, Lyft, mandatory minimum, Marc Andreessen, Mark Zuckerberg, mass incarceration, McMansion, medical bankruptcy, move fast and break things, move fast and break things, Nate Silver, obamacare, Occupy movement, passive income, pre–internet, race to the bottom, RAND corporation, Ronald Reagan, sexual politics, Silicon Valley, single-payer health, Snapchat, TaskRabbit, too big to fail, Uber and Lyft, uber lyft, universal basic income, unpaid internship, We are the 99%, white picket fence, working poor, Works Progress Administration
The bill also mandated that everyone buy health insurance or pay a penalty, which forced many young healthy people to dig into their (empty) pockets to buy insurance they would have ordinarily skipped. Republicans were sure this provision would so infuriate young voters that they would flock to the GOP, but this never happened. Instead, most millennials disliked the bill not because it was too liberal but because it was too conservative—over the next ten years, millennials would become the loudest voices demanding single-payer health care, an evolution that would shape the politics of the 2020 campaign. Eric didn’t think the bill was perfect, but he knew it was good. And sitting outside Obama’s office, he’d learned how the game was played. He was there for the strikeouts, like when Treasury Secretary Tim Geithner fumbled the rollout of Obama’s bank rescue plan. He was there for the home runs, like when the Auto Task Force saved hundreds of thousands of jobs in the Midwest.
more than 500,000 new jobs: US Department of the Treasury, TARP Programs, Auto Industry, updated January 8, 2015, treasury.gov/initiatives/financial-stability/TARP-Programs/automotive-programs/pages/default.aspx. for that exact reason: Ashley Parker, “And Now, Starring in the West Wing: Ax & Lesser, The New York Times, June 12, 2009. that followed the recession: Jonathan Alter, The Promise (New York: Simon & Schuster, 2010). told Geithner in 2009: Alter, The Promise, 314. to dramatize his objection: Alter, The Promise. single-payer health care: “More Support for Single Payer Among Those Under 30 Than Older Adults,” Pew Research Center, June 23, 2017, pewresearch.org/fact-tank/2018/10/03/most-continue-to-say-ensuring-health-care-coverage-is-governments-responsibility/ft_17-06-23_healthcare_age_640px/. CHAPTER 9: FUCK THE SYSTEM three-quarter-acre pocket park: Mattathias Schwartz, “Map: How Occupy Wall Street Chose Zuccotti Park,” The New Yorker, November 18, 2011, newyorker.com/news/news-desk/map-how-occupy-wall-street-chose-Zuccotti-park. 40 percent of the active participants: Ruth Milkman, Stephanie Luce, and Penny Lewis, “Changing the Subject,” Murphy Institute, CUNY School of Labor and Urban Studies, 2013, docs.wixstatic.com/ugd/90d188_f7367c3e04de4e94a6f86f9e6b1023ed.pdf.
Power Systems: Conversations on Global Democratic Uprisings and the New Challenges to U.S. Empire by Noam Chomsky, David Barsamian
affirmative action, Affordable Care Act / Obamacare, Albert Einstein, American ideology, Chelsea Manning, collective bargaining, colonial rule, corporate personhood, David Brooks, discovery of DNA, double helix, drone strike, failed state, Howard Zinn, hydraulic fracturing, income inequality, inflation targeting, Intergovernmental Panel on Climate Change (IPCC), Julian Assange, land reform, Martin Wolf, Mohammed Bouazizi, Naomi Klein, Nelson Mandela, new economy, obamacare, Occupy movement, oil shale / tar sands, pattern recognition, Powell Memorandum, quantitative easing, Ralph Nader, Ralph Waldo Emerson, single-payer health, sovereign wealth fund, The Wealth of Nations by Adam Smith, theory of mind, Tobin tax, union organizing, Upton Sinclair, uranium enrichment, WikiLeaks
Going after that—and dealing with radical inequality—makes perfectly good sense. So does creating jobs. The basic problem we face is not a deficit but rather joblessness. A majority of the population agrees with that.17 But the banks don’t agree, so therefore it’s not discussed in Washington. We could have a reasonable health care system, like other industrial countries. Not exactly utopian. Again, fighting for that makes perfectly good sense. A single-payer health care system has a lot of popular support, but the financial institutions are against it, so it’s not even discussed. A national health care system would, incidentally, eliminate the deficit, among other things—not that the deficit is all that important. There are further goals I don’t think are unfeasible but could be revolutionary in import. So, for example, if a multinational corporation is shutting down an efficient manufacturing installation because it doesn’t make enough profit for them and they would rather shift it to China, the workforce and community could decide that they want to take it over, purchase it, direct it, and keep it running.
The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay by Emmanuel Saez, Gabriel Zucman
activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, Berlin Wall, business cycle, Cass Sunstein, collective bargaining, corporate governance, Donald Trump, financial deregulation, income inequality, income per capita, informal economy, intangible asset, Jeff Bezos, labor-force participation, Lyft, Mark Zuckerberg, market fundamentalism, Mont Pelerin Society, mortgage debt, mortgage tax deduction, new economy, offshore financial centre, oil shock, patent troll, profit maximization, purchasing power parity, race to the bottom, rent-seeking, ride hailing / ride sharing, Ronald Reagan, shareholder value, Silicon Valley, single-payer health, Skype, Steve Jobs, The Wealth of Nations by Adam Smith, transfer pricing, trickle-down economics, uber lyft, very high income, We are the 99%
Putting a price on carbon is critical to combat climate change, but since spending on fuel and other carbon-intensive goods absorbs a greater share of income for the poor than for the rich, carbon taxes are typically regressive. To offset this pain, fighting climate change will require additional progressive taxes. Governments that forget this basic truth will learn it the hard way. Or take health care. In the United States, two of the most comprehensive efforts to introduce universal health insurance—the Clinton proposal of 1993, and the Vermont single-payer health care project of 2014—failed not for lack of general support, but largely because there was no palatable, fair funding solution. That’s what happens when only spending matters, and not how the money is raised. Often, no spending occurs. Since the failure of Clinton’s 1993 universal health care plan, thousands of Americans have died for lack of insurance;2 millions have lived with the fear of losing theirs.
The New Ruthless Economy: Work & Power in the Digital Age by Simon Head
Asian financial crisis, business cycle, business process, call centre, conceptual framework, deskilling, Erik Brynjolfsson, Ford paid five dollars a day, Frederick Winslow Taylor, informal economy, information retrieval, medical malpractice, new economy, Panopticon Jeremy Bentham, shareholder value, Shoshana Zuboff, Silicon Valley, single-payer health, supply-chain management, telemarketer, Thomas Davenport, Toyota Production System, union organizing
Latest figure on dismissals 210 NOTES TO CHAPTER 10 provided by Lance Compa, author of "Unfair Advantage," and are based on National Labor Relations Board data. 5. Ibid. 6. Ibid., p. 8. 7. National Labor Relations Board, Decision and Order, Caterpillar Inc. v. UAW, Cases 33-CA-10414 and 33-CA-10415, December 10,1996, p. 2. 8. Translation from the Greek by Ludwig Edelstein, available at www.pbs. org/wgbh/nova/doctors/oath__classical.html. 9. See, for example, Dr. Marcia Angell, "Dispelling the Myths about Single-Payer Health Care," Physicians for a National Health Program (PNHP, undated); "National Health Insurance, Single Payer Fact Sheet"(PNHP, 2001); Dr. Gordon Schiff and Dr. David U. Himmelstein, "Questions and Answers about Single Payer National Health Insurance" (PNHP: 1996). Ad Hoc Committee to Defend Health Care, Cambridge, Mass., "For Our Patients, not for Profits, a Call to Action," JAMA 278 (21): 1733-38 (December 3, 1997); Dr.
Plenitude: The New Economics of True Wealth by Juliet B. Schor
Asian financial crisis, big-box store, business climate, business cycle, carbon footprint, cleantech, Community Supported Agriculture, creative destruction, credit crunch, Daniel Kahneman / Amos Tversky, decarbonisation, dematerialisation, demographic transition, deskilling, Edward Glaeser, en.wikipedia.org, Gini coefficient, global village, IKEA effect, income inequality, income per capita, Intergovernmental Panel on Climate Change (IPCC), Isaac Newton, Joseph Schumpeter, Kenneth Arrow, knowledge economy, life extension, McMansion, new economy, peak oil, pink-collar, post-industrial society, prediction markets, purchasing power parity, ride hailing / ride sharing, Robert Shiller, Robert Shiller, sharing economy, Simon Kuznets, single-payer health, smart grid, The Chicago School, Thomas L Friedman, Thomas Malthus, too big to fail, transaction costs, Zipcar
First, universality is central. The Social Security system, which has been a marvel of low bureaucratic costs and high popularity, succeeds in part because its coverage is so wide. When access to programs is restricted, the costs of maintaining the boundaries and ferreting out free riders can be high, and perverse incentives are introduced. In universal systems, these problems disappear. Single-payer health care systems, which include everyone, are much more cost-effective than private insurance. In the United States, the fraction of health care costs attributed to administration, rather than care, has been estimated to be as high as 31 percent. Second, costs can be kept low by avoiding private profit from essential services. The health care system, which went heavily in the direction of for-profit provision, is in shambles.
The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future by Andrew Yang
3D printing, Airbnb, assortative mating, augmented reality, autonomous vehicles, basic income, Ben Horowitz, Bernie Sanders, call centre, corporate governance, cryptocurrency, David Brooks, Donald Trump, Elon Musk, falling living standards, financial deregulation, full employment, future of work, global reserve currency, income inequality, Internet of things, invisible hand, Jeff Bezos, job automation, John Maynard Keynes: technological unemployment, Khan Academy, labor-force participation, longitudinal study, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, megacity, Narrative Science, new economy, passive income, performance metric, post-work, quantitative easing, reserve currency, Richard Florida, ride hailing / ride sharing, risk tolerance, Ronald Reagan, Sam Altman, self-driving car, shareholder value, Silicon Valley, Simon Kuznets, single-payer health, Stephen Hawking, Steve Ballmer, supercomputer in your pocket, technoutopianism, telemarketer, The Wealth of Nations by Adam Smith, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, unemployed young men, universal basic income, urban renewal, white flight, winner-take-all economy, Y Combinator
Technology that should decrease costs has been kept at the door, because for most actors in the system, the goal is to increase revenue and profitability. The more services, tests, appointments, procedures, and expensive gadgets you use, the better. The system rewards activity and output over health improvements and outcomes. Changing these incentives is key. The most direct way to do so would be to move toward a single-payer health care system, in which the government both guarantees health care for all and negotiates fixed prices. Medicare—the government-provided health care program for Americans 65 and over—essentially serves this role for senior citizens and has successfully driven down costs and provided quality care for tens of millions. Most everyone loves Medicare—it’s politically bulletproof. Sam Altman, the head of Y Combinator, suggests rolling out Medicare across the population by gradually lowering the eligibility age over time.
Shadow Work: The Unpaid, Unseen Jobs That Fill Your Day by Craig Lambert
airline deregulation, Asperger Syndrome, banking crisis, Barry Marshall: ulcers, big-box store, business cycle, carbon footprint, cashless society, Clayton Christensen, cognitive dissonance, collective bargaining, Community Supported Agriculture, corporate governance, crowdsourcing, disintermediation, disruptive innovation, financial independence, Galaxy Zoo, ghettoisation, gig economy, global village, helicopter parent, IKEA effect, industrial robot, informal economy, Jeff Bezos, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, Mark Zuckerberg, new economy, pattern recognition, plutocrats, Plutocrats, recommendation engine, Schrödinger's Cat, Silicon Valley, single-payer health, statistical model, Thorstein Veblen, Turing test, unpaid internship, Vanguard fund, Vilfredo Pareto, zero-sum game, Zipcar
But the galloping cost of benefits—one rule of thumb pegs them at 40 percent of salary—has put steady pressure on employers. Healthcare expenses, in particular, have driven up this line item. In the United States, healthcare has become an enormous, seemingly uncontrollable sector, swelling relentlessly and growing far faster than the rest of the economy—much as cancer grows, without relationship to neighboring cells. Short of a seismic change such as universal single-payer health insurance with price controls on drugs and procedures, the upward pressure on employee benefits will continue. The upshot is a strong incentive to replace full-time employees with part-time, outsourced, overseas, or contract workers, who receive no benefits. Better yet, simply lay people off—or hand off jobs to customers as shadow work. Politicians and pundits who shake their heads at the stubbornness of high unemployment rates are either overlooking or ignoring the obvious.
Give People Money by Annie Lowrey
"Robert Solow", affirmative action, Affordable Care Act / Obamacare, agricultural Revolution, Airbnb, airport security, autonomous vehicles, barriers to entry, basic income, Bernie Sanders, bitcoin, clean water, collective bargaining, computer age, crowdsourcing, cryptocurrency, deindustrialization, desegregation, Donald Trump, Edward Glaeser, Elon Musk, ending welfare as we know it, everywhere but in the productivity statistics, full employment, gender pay gap, gig economy, Google Earth, Home mortgage interest deduction, income inequality, indoor plumbing, information asymmetry, Jaron Lanier, jitney, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kickstarter, Kodak vs Instagram, labor-force participation, late capitalism, Lyft, M-Pesa, Mahatma Gandhi, Mark Zuckerberg, mass incarceration, McMansion, Menlo Park, mobile money, mortgage tax deduction, new economy, obamacare, Peter Thiel, post scarcity, post-work, Potemkin village, precariat, randomized controlled trial, ride hailing / ride sharing, Robert Bork, Ronald Reagan, Sam Altman, self-driving car, Silicon Valley, single-payer health, Steve Jobs, TaskRabbit, The Future of Employment, theory of mind, total factor productivity, Turing test, two tier labour market, Uber and Lyft, uber lyft, universal basic income, uranium enrichment, War on Poverty, Watson beat the top human players on Jeopardy!, We wanted flying cars, instead we got 140 characters, women in the workforce, working poor, World Values Survey, Y Combinator
the policies supported by: “Reparations,” The Movement for Black Lives, July 26, 2016, https://policy.m4bl.org/reparations/. the election of a black president: Ta-Nehisi Coates, “Fear of a Black President,” Atlantic, Sept. 2012. “key factor” associated with support for Trump: Sean McElwee and Jason McDaniel, “Economic Anxiety Didn’t Make People Vote Trump, Racism Did,” Nation, May 8, 2017. only for those he sees as deserving of them: Dylan Matthews, “Why the Alt-Right Loves Single-Payer Health Care,” Vox, Apr. 4, 2017. “Why Trump Must Champion Universal Healthcare”: Richard Spencer, “Why Trump Must Champion Universal Healthcare,” Altright.com, Mar. 23, 2017. pushing for a federal jobs guarantee: Neera Tanden, Carmel Martin, Marc Jarsulic, Brendan Duke, Ben Olinsky, Melissa Boteach, John Halpin, Ruy Teixeira, and Rob Griffin, “Toward a Marshall Plan for America: Rebuilding Our Towns, Cities, and the Middle Class” (Washington, DC: Center for American Progress, May 16, 2017).
The Healing of America: A Global Quest for Better, Cheaper, and Fairer Health Care by T. R. Reid
Berlin Wall, British Empire, double helix, employer provided health coverage, fudge factor, Kenneth Arrow, medical malpractice, profit maximization, profit motive, single-payer health, South China Sea, the payments system
1 “I felt that no boy should have to depend either for his leg or his life upon the ability of parents to raise enough money,” Douglas wrote in his memoir.“I came to believe that people should be able to get ... health services irrespective of their individual capacity to pay.”2 When he was elected premier (that is, governor) of the province of Saskatchewan in 1944, Douglas turned that passionate belief into a government-run, single-payer health care system for all of Saskatchewan’s 1 million residents. The program was so successful and so popular that residents of other provinces began demanding the same program. The federal government in Ottawa signed on; by 1961 everyone in Canada was covered by a taxpayer-funded hospital insurance program. Today the public health insurance system covers all medical and psychiatric care, in or out of the hospital.
The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality by Bhaskar Sunkara
Affordable Care Act / Obamacare, agricultural Revolution, Bernie Sanders, British Empire, business climate, business cycle, capital controls, centre right, Charles Lindbergh, collective bargaining, Deng Xiaoping, deskilling, Donald Trump, equal pay for equal work, feminist movement, Ferguson, Missouri, Francis Fukuyama: the end of history, full employment, gig economy, Gunnar Myrdal, happiness index / gross national happiness, Honoré de Balzac, income inequality, inventory management, labor-force participation, land reform, land value tax, Mark Zuckerberg, means of production, Mikhail Gorbachev, Neil Kinnock, new economy, Occupy movement, postindustrial economy, precariat, race to the bottom, Ralph Waldo Emerson, self-driving car, Silicon Valley, single-payer health, telemarketer, The Wealth of Nations by Adam Smith, too big to fail, union organizing, Upton Sinclair, urban renewal, We are the 99%
In a 1994 Pew survey, 63 percent thought that immigrants were a burden, and only 31 percent said they were strengthening the country. When asked the same question in 2016, just 27 percent saw immigrants as a burden, and 63 percent thought immigration was a good thing.3 Even after being subjected to three years of attacks from both the Right and corporate Democrats, Bernie Sanders is among the most popular politicians in the United States. His central demands—a universal jobs program and single-payer health insurance—both enjoy substantial support among voters. Polls show that 52 percent want a jobs guarantee nationwide, with even higher favorability in poor states like Mississippi (72 percent). Medicare for All could be just as popular a platform plank: in April 2018 support for the measure crept above 50 percent.4 The challenge is to take these individual “policy preferences” and bundle them into a coherent politics, but this has been precisely the Sanders campaign’s breakthrough.
How Democracies Die by Steven Levitsky, Daniel Ziblatt
Affordable Care Act / Obamacare, Ayatollah Khomeini, basic income, Berlin Wall, Bernie Sanders, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, centre right, Charles Lindbergh, clean water, David Brooks, Donald Trump, Fall of the Berlin Wall, Gunnar Myrdal, illegal immigration, immigration reform, income inequality, Jeff Bezos, Nate Silver, Norman Mailer, old-boy network, Robert Gordon, Ronald Reagan, single-payer health, The Rise and Fall of American Growth, universal basic income
Think of recent boycott movements aimed at state governments that refused to honor Martin Luther King Jr.’s birthday, continued to fly the Confederate flag, or violated gay or transgender rights. When major businesses join progressive boycotts, they often succeed. Building coalitions that extend beyond our natural allies is difficult. It requires a willingness to set aside, for the moment, issues we care deeply about. If progressives make positions on issues such as abortion rights or single-payer health care a “litmus test” for coalition membership, the chances for building a coalition that includes evangelicals and Republican business executives will be nil. We must lengthen our time horizons, swallow hard, and make tough concessions. This does not mean abandoning the causes that matter to us. It means temporarily overlooking disagreements in order to find common moral ground. A broad opposition coalition would have important benefits.
The Knowledge Illusion by Steven Sloman
Affordable Care Act / Obamacare, Air France Flight 447, attribution theory, bitcoin, Black Swan, Cass Sunstein, combinatorial explosion, computer age, crowdsourcing, Dmitri Mendeleev, Elon Musk, Ethereum, Flynn Effect, Hernando de Soto, hindsight bias, hive mind, indoor plumbing, Isaac Newton, John von Neumann, libertarian paternalism, Mahatma Gandhi, Mark Zuckerberg, meta analysis, meta-analysis, obamacare, prediction markets, randomized controlled trial, Ray Kurzweil, Richard Feynman, Richard Thaler, Rodney Brooks, Rosa Parks, single-payer health, speech recognition, stem cell, Stephen Hawking, Steve Jobs, technological singularity, The Coming Technological Singularity, The Wisdom of Crowds, Vernor Vinge, web application, Whole Earth Review, Y Combinator
We asked participants whether they supported or rejected various policies that were hot-button issues at the time (2012): Whether there should be a national flat tax Whether there should be a cap-and-trade program on carbon emissions Whether there should be unilateral sanctions on Iran Whether the retirement age for Social Security should be raised Whether there should be a single-payer health care system Whether there should be merit-based pay for teachers As in the standard procedure, we first asked people to rate their understanding of an issue on a scale of 1 to 7. Next we asked them to provide an explanation of all the effects that the policy would lead to. For instance, the instructions for the cap-and-trade issue read, “Please describe all the details you know about the impact of instituting a cap-and-trade system for carbon emissions, going from the first step to the last, and providing the causal connection between the steps.”
No Shortcuts: Organizing for Power in the New Gilded Age by Jane F. McAlevey
affirmative action, Affordable Care Act / Obamacare, Albert Einstein, anti-communist, call centre, clean water, collective bargaining, feminist movement, hiring and firing, immigration reform, informal economy, Mark Zuckerberg, mass incarceration, Naomi Klein, new economy, Occupy movement, precariat, Right to Buy, Ronald Reagan, Silicon Valley, Silicon Valley startup, single-payer health, The Chicago School, union organizing, Upton Sinclair, women in the workforce
Movement actors can and must reasonably predict the concession costs in advance; otherwise, they enter the fight without knowing which strategies to deploy. As Luders says, different economic actors are unequally vulnerable and concession costs are not static—they are variable and contingent on the ability of actors to force disruption costs. If, for example, the movement actors’ demand is for single-payer health care, activists must understand what it will cost the health care industrial complex to concede that demand. Without that understanding they will not know the magnitude of the fight on their hands, and might adopt the wrong strategy, applying an insufficient mobilizing approach rather than an all-out organizing approach. An incorrect power analysis can lead people who want to end capitalism to think that small numbers of demonstrators occupying public spaces like parks and squares and tweeting about it will generate enough power to bring down Wall Street.
The Wealth of Humans: Work, Power, and Status in the Twenty-First Century by Ryan Avent
"Robert Solow", 3D printing, Airbnb, American energy revolution, assortative mating, autonomous vehicles, Bakken shale, barriers to entry, basic income, Bernie Sanders, BRICs, business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, Clayton Christensen, cloud computing, collective bargaining, computer age, creative destruction, dark matter, David Ricardo: comparative advantage, deindustrialization, dematerialisation, Deng Xiaoping, deskilling, disruptive innovation, Dissolution of the Soviet Union, Donald Trump, Downton Abbey, Edward Glaeser, Erik Brynjolfsson, eurozone crisis, everywhere but in the productivity statistics, falling living standards, first square of the chessboard, first square of the chessboard / second half of the chessboard, Ford paid five dollars a day, Francis Fukuyama: the end of history, future of work, gig economy, global supply chain, global value chain, hydraulic fracturing, income inequality, indoor plumbing, industrial robot, intangible asset, interchangeable parts, Internet of things, inventory management, invisible hand, James Watt: steam engine, Jeff Bezos, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph-Marie Jacquard, knowledge economy, low skilled workers, lump of labour, Lyft, manufacturing employment, Marc Andreessen, mass immigration, means of production, new economy, performance metric, pets.com, post-work, price mechanism, quantitative easing, Ray Kurzweil, rent-seeking, reshoring, rising living standards, Robert Gordon, Ronald Coase, savings glut, Second Machine Age, secular stagnation, self-driving car, sharing economy, Silicon Valley, single-payer health, software is eating the world, supply-chain management, supply-chain management software, TaskRabbit, The Future of Employment, The Nature of the Firm, The Rise and Fall of American Growth, The Spirit Level, The Wealth of Nations by Adam Smith, trade liberalization, transaction costs, Tyler Cowen: Great Stagnation, Uber and Lyft, Uber for X, uber lyft, very high income, working-age population
The European right is pushing, in some cases, for greater national sovereignty (or even an exit from the European Union) and tighter controls on immigration. They are not yet mounting a broad assault on liberalism and democracy – though that may come. The left, meanwhile, is advocating an end to austerity policies in some cases and expansions to the welfare state in others. Sanders campaigned on free college tuition and the creation of a single-payer health insurance system. They are not yet running on confiscatory taxation and nationalization of the means of production. Both political extremes might never have the opportunity to pursue their aims to their logical conclusion. But radicalism will become an increasingly real and powerful force in global politics until governments begin answering the difficult questions posed by the digital revolution.
The Googlization of Everything: by Siva Vaidhyanathan
1960s counterculture, activist fund / activist shareholder / activist investor, AltaVista, barriers to entry, Berlin Wall, borderless world, Burning Man, Cass Sunstein, choice architecture, cloud computing, computer age, corporate social responsibility, correlation does not imply causation, creative destruction, data acquisition, death of newspapers, don't be evil, Firefox, Francis Fukuyama: the end of history, full text search, global pandemic, global village, Google Earth, Howard Rheingold, informal economy, information retrieval, John Markoff, Joseph Schumpeter, Kevin Kelly, knowledge worker, libertarian paternalism, market fundamentalism, Marshall McLuhan, means of production, Mikhail Gorbachev, moral panic, Naomi Klein, Network effects, new economy, Nicholas Carr, PageRank, Panopticon Jeremy Bentham, pirate software, Ray Kurzweil, Richard Thaler, Ronald Reagan, side project, Silicon Valley, Silicon Valley ideology, single-payer health, Skype, Social Responsibility of Business Is to Increase Its Profits, social web, Steven Levy, Stewart Brand, technoutopianism, The Nature of the Firm, The Structural Transformation of the Public Sphere, Thorstein Veblen, urban decay, web application, zero-sum game
The very hint of government involvement was enough to disrupt rational debate over policy. Public failure has had two perverse effects on politics and policy. First, it has corroded faith in state institutions, effectively precluding arguments for their extension or preservation (in the United States, anyway). For example, President Barack Obama apparently considered that proposing a Canadian-style, single-payer health-care system would be completely unpalatable to the American public and powerful healthcare interests. So he quickly and publicly dismissed the idea early in 2009, reversing years of endorsing such a system’s proven success in Canada and many other places.62 In the United States any suggestion of regulation or public investment must be couched in the language of the market if it is to be taken seriously.
Servant Economy: Where America's Elite Is Sending the Middle Class by Jeff Faux
back-to-the-land, Bernie Sanders, Black Swan, Bretton Woods, BRICs, British Empire, business cycle, call centre, centre right, cognitive dissonance, collateralized debt obligation, collective bargaining, creative destruction, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, currency manipulation / currency intervention, David Brooks, David Ricardo: comparative advantage, disruptive innovation, falling living standards, financial deregulation, financial innovation, full employment, hiring and firing, Howard Zinn, Hyman Minsky, illegal immigration, indoor plumbing, informal economy, invisible hand, John Maynard Keynes: Economic Possibilities for our Grandchildren, Kickstarter, lake wobegon effect, Long Term Capital Management, market fundamentalism, Martin Wolf, McMansion, medical malpractice, mortgage debt, Myron Scholes, Naomi Klein, new economy, oil shock, old-boy network, Paul Samuelson, plutocrats, Plutocrats, price mechanism, price stability, private military company, Ralph Nader, reserve currency, rising living standards, Robert Shiller, Robert Shiller, rolodex, Ronald Reagan, school vouchers, Silicon Valley, single-payer health, South China Sea, statistical model, Steve Jobs, Thomas L Friedman, Thorstein Veblen, too big to fail, trade route, Triangle Shirtwaist Factory, union organizing, upwardly mobile, urban renewal, War on Poverty, We are the 99%, working poor, Yogi Berra, Yom Kippur War
To expect a confused and divided citizenry to agree on a common economic agenda and impose it on the governing class—yes. There is simply not enough space now in our political discourse for the governing class to consider policy solutions that reach to the level of the problems that it is are supposed to solve. Serious regulation of Wall Street is off the table. Abandoning the role of world policeman is off the table. In the debate over health care, a single-payer health care system like Canada’s is off the table. Industrial policies and trade policies are off the table. Strengthening the bargaining position of workers is off the table. Government planning to build a sustainable economy by moving off the sandpile of consumption and debt is well off the table. These ideas are judged as impractical by the corporate media, which defines political reality for the electorate.
Tightrope: Americans Reaching for Hope by Nicholas D. Kristof, Sheryl Wudunn
Affordable Care Act / Obamacare, basic income, Bernie Sanders, carried interest, correlation does not imply causation, creative destruction, David Brooks, Donald Trump, dumpster diving, Edward Glaeser, Elon Musk, epigenetics, full employment, Home mortgage interest deduction, housing crisis, impulse control, income inequality, Jeff Bezos, job automation, jobless men, knowledge economy, labor-force participation, low skilled workers, mandatory minimum, Martin Wolf, mass incarceration, Mikhail Gorbachev, offshore financial centre, randomized controlled trial, rent control, Robert Shiller, Robert Shiller, Ronald Reagan, Shai Danziger, single-payer health, Steven Pinker, The Spirit Level, universal basic income, upwardly mobile, Vanguard fund, War on Poverty, working poor
Members of Congress opposed to a public option don’t seem to object to the government covering the cost of medical services for themselves: in addition to receiving a 72 percent subsidy—paid by taxpayers—on premiums for a gold-level ACA plan, they can use the navy-run Office of the Attending Physician and get free outpatient services at military facilities in the Washington area. The reason we have a single-payer health-care system for the elderly (Medicare) but not for children is simple: seniors vote, and children don’t. So while American children die at 55 percent higher rates than children in other advanced countries, Americans who make it to age sixty-five and qualify for Medicare then have a remaining life expectancy similar to that of our peer countries. Opponents of universal coverage for all ages protest that it is unaffordable.
Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford
"Robert Solow", 3D printing, additive manufacturing, Affordable Care Act / Obamacare, AI winter, algorithmic trading, Amazon Mechanical Turk, artificial general intelligence, assortative mating, autonomous vehicles, banking crisis, basic income, Baxter: Rethink Robotics, Bernie Madoff, Bill Joy: nanobots, business cycle, call centre, Capital in the Twenty-First Century by Thomas Piketty, Chris Urmson, Clayton Christensen, clean water, cloud computing, collateralized debt obligation, commoditize, computer age, creative destruction, debt deflation, deskilling, disruptive innovation, diversified portfolio, Erik Brynjolfsson, factory automation, financial innovation, Flash crash, Fractional reserve banking, Freestyle chess, full employment, Goldman Sachs: Vampire Squid, Gunnar Myrdal, High speed trading, income inequality, indoor plumbing, industrial robot, informal economy, iterative process, Jaron Lanier, job automation, John Markoff, John Maynard Keynes: technological unemployment, John von Neumann, Kenneth Arrow, Khan Academy, knowledge worker, labor-force participation, liquidity trap, low skilled workers, low-wage service sector, Lyft, manufacturing employment, Marc Andreessen, McJob, moral hazard, Narrative Science, Network effects, new economy, Nicholas Carr, Norbert Wiener, obamacare, optical character recognition, passive income, Paul Samuelson, performance metric, Peter Thiel, plutocrats, Plutocrats, post scarcity, precision agriculture, price mechanism, Ray Kurzweil, rent control, rent-seeking, reshoring, RFID, Richard Feynman, Rodney Brooks, Sam Peltzman, secular stagnation, self-driving car, Silicon Valley, Silicon Valley startup, single-payer health, software is eating the world, sovereign wealth fund, speech recognition, Spread Networks laid a new fibre optics cable between New York and Chicago, stealth mode startup, stem cell, Stephen Hawking, Steve Jobs, Steven Levy, Steven Pinker, strong AI, Stuxnet, technological singularity, telepresence, telepresence robot, The Bell Curve by Richard Herrnstein and Charles Murray, The Coming Technological Singularity, The Future of Employment, Thomas L Friedman, too big to fail, Tyler Cowen: Great Stagnation, uber lyft, union organizing, Vernor Vinge, very high income, Watson beat the top human players on Jeopardy!, women in the workforce
See skill biased technological change (SBTC) Schlosser, Eric, 210 Schmidt, Michael, 108, 109 Schwarzenegger, Arnold, 22 S-curves, 66–67, 68, 69, 70–71, 250 secular stagnation, 274n self-driving cars, See autonomous cars Selingo, Jeffrey J., 140, 141 Semiconductor Industry Association, 80 service sector, 12–20 The Shallows (Carr), 254 Shang-Jin Wei, 225 Silvercar, 20 Simonyi, Charles, 71 single-payer health care system, 165–167, 169 The Singularity, 233–238, 248 The Singularity Is Near (Kurzweil), 234 Singularity University, 234 Siu, Henry E., 49, 50 skill biased technological change (SBTC), 48 skills, acquisition of by computers, xv–xvi Skipper, John, 201 “Skynet,” 22 Slate (magazine), 153 Smalley, Richard, 244–245 Smith, Adam, 73 Smith, Noah, 219–220, 273 Smith, Will, 111 social media response program, 93–94 social safety net, 278.
The Boy Who Could Change the World: The Writings of Aaron Swartz by Aaron Swartz, Lawrence Lessig
affirmative action, Alfred Russel Wallace, American Legislative Exchange Council, Benjamin Mako Hill, bitcoin, Bonfire of the Vanities, Brewster Kahle, Cass Sunstein, deliberate practice, Donald Knuth, Donald Trump, failed state, fear of failure, Firefox, full employment, Howard Zinn, index card, invisible hand, Joan Didion, John Gruber, Lean Startup, More Guns, Less Crime, peer-to-peer, post scarcity, Richard Feynman, Richard Stallman, Ronald Reagan, school vouchers, semantic web, single-payer health, SpamAssassin, SPARQL, telemarketer, The Bell Curve by Richard Herrnstein and Charles Murray, the scientific method, Toyota Production System, unbiased observer, wage slave, Washington Consensus, web application, WikiLeaks, working poor, zero-sum game
Looking at our government today—a House of professional politicians, a Senate filled with multimillionaires, a string of presidential family dynasties—it seems hard to maintain that our officials are in fact “derived from the great body of the society” and not “a favored class” merely posing as representatives of the people. Unless politics is a tradition in your family, your odds of getting elected to federal office are slim. And unless you’re a white male lawyer, you rarely get to vote for someone like yourself in a national race. Nor, in reality, do we have an opportunity to choose policy positions: no major candidates support important proposals that most voters agree with, like single-payer health care. Instead, national elections have been boiled down to simple binary choices, which advertising men and public relations teams reduce to pure emotions: Fear. (A bear prowls through the woods.) Hope. (The sun rises over a hill.) Vote Smith. Or maybe Jones. Nor does the major media elevate the level of debate. Instead of substantive discussions about policy proposals and their effects, they spend their time on horse-race coverage (who’s raised the most money?
Capitalism, Alone: The Future of the System That Rules the World by Branko Milanovic
"Robert Solow", affirmative action, Asian financial crisis, assortative mating, barriers to entry, basic income, Berlin Wall, bilateral investment treaty, Black Swan, Branko Milanovic, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carried interest, colonial rule, corporate governance, creative destruction, crony capitalism, deindustrialization, dematerialisation, Deng Xiaoping, discovery of the americas, European colonialism, Fall of the Berlin Wall, financial deregulation, Francis Fukuyama: the end of history, full employment, ghettoisation, gig economy, Gini coefficient, global supply chain, global value chain, high net worth, income inequality, income per capita, invention of the wheel, invisible hand, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, labor-force participation, laissez-faire capitalism, land reform, liberal capitalism, low skilled workers, Lyft, means of production, new economy, offshore financial centre, Paul Samuelson, plutocrats, Plutocrats, post-materialism, purchasing power parity, remote working, rent-seeking, ride hailing / ride sharing, Silicon Valley, single-payer health, special economic zone, The Wealth of Nations by Adam Smith, Thorstein Veblen, uber lyft, universal basic income, Vilfredo Pareto, Washington Consensus, women in the workforce, working-age population, Xiaogang Anhui farmers
I thank Carla Yumatle for this comment. 22. Daniel Markovits, “A New Aristocracy,” Yale Law School Commencement Address, May 2015, https://law.yale.edu/system/files/area/department/studentaffairs/document/markovitscommencementrev.pdf (italics in the original). 23. One possible counterargument is to see forces of decommodification reflected in the demand for open-source software and free (single-payer) health care in the United States, trends that may become more important in the future. It is a possibility: nobody knows what will happen in the future. However, I think that the arguments presented here, based on the internal logic of the system (not least on the set of values it promotes), point in the opposite direction. 24. I saw the effect of wealth on commodification first hand when I worked on African household surveys, where a number of activities that are routinely monetized in rich economies are performed “for free” at home and had to have their values imputed; otherwise we would grossly underestimate the consumption level of households in many African countries. 25.
How the World Works by Noam Chomsky, Arthur Naiman, David Barsamian
affirmative action, anti-communist, Ayatollah Khomeini, Berlin Wall, Bernie Sanders, Bretton Woods, British Empire, business climate, capital controls, clean water, corporate governance, deindustrialization, Fall of the Berlin Wall, feminist movement, glass ceiling, Howard Zinn, income inequality, interchangeable parts, Isaac Newton, joint-stock company, land reform, liberation theology, Monroe Doctrine, offshore financial centre, plutocrats, Plutocrats, race to the bottom, Ralph Nader, Ronald Reagan, Rosa Parks, single-payer health, strikebreaker, Telecommunications Act of 1996, transfer pricing, union organizing, War on Poverty, working poor
See also Soviet Union “reforms” in Serb conflict and after Soviet collapse Ryan, Randolph Sabra and Shatila (Lebanon) Sachs, Jeffrey Sadat, Anwar Saddam Hussein Sahoun, Mohammed Said, Edward on hypocrisy on Middle East PLO confronted by US-Israel policy opposed by Sakharov, Andrei Salinas Sanders, Bernie San Diego, skilled workers lacking in Sandinistas S&Ls San Jose Mercury News Santiago, Daniel São Paulo Sarajevo Saskatchewan Saudi Arabia Save the Children Schanberg, Sydney Scheiner, Charlie schools, underfunded Schor, Julie Schoultz, Lars Schultz, George Schurmann, Franz science and technology biotechnology interactive technology Pentagon as conduit for investment prisons and public funding for recruitment of scientists in India semiconductors telecommunications Scott, Peter Dale Second Amendment secret services, incompetence of Security Council resolutions (UN) “security zone,” self image Sematech consortium semiconductors Senate Foreign Relations Committee (US) Serbs service role of Third World countries sexism, class differences vs. Shabak Shamir, Yitzhak shantytowns Sharon, Ariel Shavit, Ari Sicily Sidon Siemens signs of progress (and not) “silent genocide” in Africa Silvers, Robert Simpson, Chris Singer, Daniel single-payer health-care plan Skidelsky, Robert slavery Slavs, conflicts between slums See also shantytowns “smash and grab,” Smith, Adam on British imperialism capitalism and on free markets and equality on India on mercantilist system socialist-anarchist tradition and on “vile maxim” of the “masters,” wealth vs. democracy and Smith Corona smoking and tobacco deaths due to expansion into foreign markets freedom and now lower-class social harm due to US tobacco exports war on drugs and SNCC social conditioning socialism doctrinal meaning of meaning of new opportunity for Soviet Union not example of socialist-anarchist tradition socially responsible investing Social Policy Social Security Social Security “reform,” social services Social Text Socrates Sokal, Allen Solarz, Steven Solow, Bob Somalia atrocities in Bosnia vs.
Fire and Fury: Inside the Trump White House by Michael Wolff
Affordable Care Act / Obamacare, barriers to entry, Bernie Sanders, centre right, disintermediation, Donald Trump, drone strike, Edward Snowden, Elon Musk, forensic accounting, illegal immigration, impulse control, Jeff Bezos, Jeffrey Epstein, obamacare, Peter Thiel, Renaissance Technologies, ride hailing / ride sharing, Robert Mercer, Ronald Reagan, Saturday Night Live, self-driving car, Silicon Valley, single-payer health, Travis Kalanick, WikiLeaks, zero-sum game
But almost immediately upon arriving and paying his $150 registration fee, he had attracted first one reporter and then a growing circle, a spontaneous press scrum, and he responded by giving an ad hoc news conference. Like Yiannopoulos, and in many ways like Trump and Bannon, Spencer helped frame the ironies of the modern conservative movement. He was a racist but hardly a conservative—he doggedly supported single-payer health care, for instance. And the attention he received was somehow less a credit to conservatism than another effort by the liberal media to smear conservatism. Hence, as the scrum around him increased to as many as thirty people, the CPAC irony police stepped in. “You’re not welcome on the property,” announced one of the security guards. “They want you off the property. They want you to cease.
We Were Eight Years in Power: An American Tragedy by Ta-Nehisi Coates
affirmative action, Affordable Care Act / Obamacare, Bernie Madoff, Bernie Sanders, Broken windows theory, Charles Lindbergh, crack epidemic, crony capitalism, David Brooks, deindustrialization, desegregation, Donald Trump, fear of failure, Ferguson, Missouri, Gunnar Myrdal, housing crisis, Howard Zinn, income inequality, jitney, low skilled workers, mandatory minimum, mass incarceration, moral panic, new economy, obamacare, payday loans, phenotype, Ronald Reagan, Rosa Parks, single-payer health, The Bell Curve by Richard Herrnstein and Charles Murray, War on Poverty, white flight
One must be able to name the bad bargain that whiteness strikes with its disciples—and still be able to say that it is this bargain, not a mass hypnosis, that has held through boom and bust. And there can be no conflict between the naming of whiteness and the naming of the degradation brought about by an unrestrained capitalism, by the privileging of greed and the legal encouragement to hoarding and more elegant plunder. I have never seen a contradiction between calling for reparations and calling for a living wage, on calling for legitimate law enforcement and single-payer health care. They are related—but cannot stand in for one another. I see the fight against sexism, racism, poverty, and even war finding their union not in synonymity but in their ultimate goal—a world more humane. To Kenyatta, Tom, Nikola and Amelie, who went with me into the deep, and saw me back to shore ACKNOWLEDGMENTS This book was made possible by The Atlantic, which, from fact check to paycheck, supported me through these eight years.
Democracy Incorporated by Sheldon S. Wolin
affirmative action, Berlin Wall, British Empire, centre right, coherent worldview, collective bargaining, colonial rule, corporate governance, creative destruction, cuban missile crisis, David Ricardo: comparative advantage, dematerialisation, Donald Trump, Fall of the Berlin Wall, full employment, illegal immigration, invisible hand, mass incarceration, money market fund, mutually assured destruction, new economy, offshore financial centre, Ralph Nader, Ronald Reagan, school vouchers, single-payer health, stem cell, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Thorstein Veblen
Thus we have two distinct conceptions of change, each involving active governmental intervention. One we can call mitigative or tactical change. It seeks to redress a situation or condition without significantly modifying power relationships (e.g., a “tax break for the middle class”). The other, paradigmatic or strategic change, institutes not only a new program but recasts basic power relationships: it reforms, empowers, sets a new direction (e.g., a single-payer health care system). Democracy Incorporated describes the paradigmatic change represented by the amalgamation of state and corporate power. Sometimes a paradigmatic change takes the form of an attack on an entrenched or longstanding status quo—for example, reducing the power of the antebellum plantation owners. Sometimes a mitigative change might seek to undo a previous paradigmatic change in order to restore, to a limited extent, the status quo ante.
Republic, Lost: How Money Corrupts Congress--And a Plan to Stop It by Lawrence Lessig
asset-backed security, banking crisis, carried interest, circulation of elites, cognitive dissonance, corporate personhood, correlation does not imply causation, crony capitalism, David Brooks, Edward Glaeser, Filter Bubble, financial deregulation, financial innovation, financial intermediation, invisible hand, jimmy wales, Martin Wolf, meta analysis, meta-analysis, Mikhail Gorbachev, moral hazard, Pareto efficiency, place-making, profit maximization, Ralph Nader, regulatory arbitrage, rent-seeking, Ronald Reagan, Sam Peltzman, Silicon Valley, single-payer health, The Wealth of Nations by Adam Smith, too big to fail, upwardly mobile, WikiLeaks, Zipcar
The prevention of governmental action, and this is the aim of many lobbies, is relatively easy under these circumstances.”86 “Most issues,” Baumgartner and his colleagues find, “do not reach those final stages and most are not highly publicized, even within the Beltway.”87 That means, again, the opportunity for invisible influence is great. Senator Larry Pressler (R-S.D.; 1979–1997) describes a particular example, drawn from the recent battle over health care: There should have been an up or down vote on [single-payer health insurance], or a vote at least on cloture. There was neither. For some reason, it just went away. Barack Obama abandoned it completely, although he had said he was for it. Some Republicans are for it—I was for it way back and Nixon was for it… on a much more significant basis. Bob Packwood had a plan for it. But the point is, when they really started doing the health care bill, everybody disappeared who was for a single payer system.
Bullshit Jobs: A Theory by David Graeber
1960s counterculture, active measures, basic income, Berlin Wall, Bernie Sanders, Bertrand Russell: In Praise of Idleness, Bretton Woods, Buckminster Fuller, call centre, cognitive dissonance, collateralized debt obligation, David Graeber, Donald Trump, equal pay for equal work, full employment, global supply chain, High speed trading, hiring and firing, informal economy, Jarndyce and Jarndyce, Jarndyce and Jarndyce, job automation, John Maynard Keynes: technological unemployment, knowledge worker, moral panic, post-work, precariat, Silicon Valley, Silicon Valley startup, single-payer health, software as a service, telemarketer, The Future of Employment, Thorstein Veblen, too big to fail, Travis Kalanick, universal basic income, unpaid internship, wage slave, wages for housework, women in the workforce, working poor, Works Progress Administration, young professional, éminence grise
If that seems a daring claim, even conspiracy talk, consider the following quote, from an interview with then US president Barack Obama about some of the reasons why he bucked the preferences of the electorate and insisted on maintaining a private, for-profit health insurance system in America: “I don’t think in ideological terms. I never have,” Obama said, continuing on the health care theme. “Everybody who supports single-payer health care says, ‘Look at all this money we would be saving from insurance and paperwork.’ That represents one million, two million, three million jobs [filled by] people who are working at Blue Cross Blue Shield or Kaiser or other places. What are we doing with them? Where are we employing them?”9 I would encourage the reader to reflect on this passage because it might be considered a smoking gun.
Digital Disconnect: How Capitalism Is Turning the Internet Against Democracy by Robert W. McChesney
2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, access to a mobile phone, Albert Einstein, American Legislative Exchange Council, American Society of Civil Engineers: Report Card, Automated Insights, barriers to entry, Berlin Wall, business cycle, Cass Sunstein, citizen journalism, cloud computing, collaborative consumption, collective bargaining, creative destruction, crony capitalism, David Brooks, death of newspapers, declining real wages, Double Irish / Dutch Sandwich, Erik Brynjolfsson, failed state, Filter Bubble, full employment, future of journalism, George Gilder, Gini coefficient, Google Earth, income inequality, informal economy, intangible asset, invention of agriculture, invisible hand, Jaron Lanier, Jeff Bezos, jimmy wales, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Julian Assange, Kickstarter, Mark Zuckerberg, Marshall McLuhan, means of production, Metcalfe’s law, mutually assured destruction, national security letter, Nelson Mandela, Network effects, new economy, New Journalism, Nicholas Carr, Occupy movement, offshore financial centre, patent troll, Peter Thiel, plutocrats, Plutocrats, post scarcity, price mechanism, profit maximization, profit motive, QWERTY keyboard, Ralph Nader, Richard Stallman, road to serfdom, Robert Metcalfe, Saturday Night Live, sentiment analysis, Silicon Valley, single-payer health, Skype, spectrum auction, Steve Jobs, Steve Wozniak, Steven Levy, Steven Pinker, Stewart Brand, Telecommunications Act of 1996, the medium is the message, The Spirit Level, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, Thorstein Veblen, too big to fail, transfer pricing, Upton Sinclair, WikiLeaks, winner-take-all economy, yellow journalism
James Losey e-mail to author, Aug. 13, 2012. 106. Meinrath e-mail to author, Aug. 13, 2012. 107. Josh Smith, “FCC Chairman Lobbies Pentagon for More Spectrum,” National Journal online, Aug. 3, 2012, techdailydose.nationaljournal.com/2012/08/fcc-chairman-lobbies-pentagon.php. 108. E-mail from S. Derek Turner, research director for Free Press, to the author, May 2, 2012. 109. Lynn Sweet, “Obama on Why He Is Not for Single Payer Health Insurance: New Mexico Town Hall Transcript,” Chicago Sun Times, May 14, 2009, http://blogs.suntimes.com/sweet/2009/05/obama_on_why_he_is_not_for_sin.html. 110. Al Gore, “Networking the Future: We Need a National ‘Superhighway’ for Computer Information,” Washington Post, July 15, 1990, B3. 111. See Streeter, Net Effect, 106–15. 112. Gerry Smith, “Without Internet, Urban Poor Fear Being Left Behind in Digital Age,” Huffington Post, Mar. 1, 2012. 113.
Dopesick: Dealers, Doctors, and the Drug Company That Addicted America by Beth Macy
Affordable Care Act / Obamacare, centre right, crack epidemic, deindustrialization, Donald Trump, invisible hand, labor-force participation, mandatory minimum, mass incarceration, McMansion, medical residency, meta analysis, meta-analysis, obamacare, offshore financial centre, RAND corporation, rent-seeking, single-payer health, urban renewal, War on Poverty, working poor
But he was taking Suboxone now—“responsibly,” he told me, “because my wife wouldn’t have it any other way.” Having lost scores of people to opioid overdose, including his mom and grandmother, he hadn’t used illicit drugs in more than three years. “I had put off going to RAM for years because I figured they’d make you feel like shit about yourself, like ninety percent of the social service people do,” he said. “But everyone was just…so…kind.” If there’s an argument to be made for a single-payer health care system with mental health and substance abuse coverage, this is the lumpy ground on which to make it, a gravel lot in which upward of three thousand Appalachians camp out for days in 100-degree heat to be treated in exam rooms cobbled together from bedsheets and clothespins. Behind a banner for the virginia-kentucky district fair & horse show, patients wait in bleachers while volunteers pass out bottles of water as they triage them to pop-up clinics for medical, dental, and eye care.
Coders: The Making of a New Tribe and the Remaking of the World by Clive Thompson
2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 4chan, 8-hour work day, Ada Lovelace, AI winter, Airbnb, Amazon Web Services, Asperger Syndrome, augmented reality, Ayatollah Khomeini, barriers to entry, basic income, Bernie Sanders, bitcoin, blockchain, blue-collar work, Brewster Kahle, Brian Krebs, Broken windows theory, call centre, cellular automata, Chelsea Manning, clean water, cloud computing, cognitive dissonance, computer vision, Conway's Game of Life, crowdsourcing, cryptocurrency, Danny Hillis, David Heinemeier Hansson, don't be evil, don't repeat yourself, Donald Trump, dumpster diving, Edward Snowden, Elon Musk, Erik Brynjolfsson, Ernest Rutherford, Ethereum, ethereum blockchain, Firefox, Frederick Winslow Taylor, game design, glass ceiling, Golden Gate Park, Google Hangouts, Google X / Alphabet X, Grace Hopper, Guido van Rossum, Hacker Ethic, HyperCard, illegal immigration, ImageNet competition, Internet Archive, Internet of things, Jane Jacobs, John Markoff, Jony Ive, Julian Assange, Kickstarter, Larry Wall, lone genius, Lyft, Marc Andreessen, Mark Shuttleworth, Mark Zuckerberg, Menlo Park, microservices, Minecraft, move fast and break things, move fast and break things, Nate Silver, Network effects, neurotypical, Nicholas Carr, Oculus Rift, PageRank, pattern recognition, Paul Graham, paypal mafia, Peter Thiel, pink-collar, planetary scale, profit motive, ransomware, recommendation engine, Richard Stallman, ride hailing / ride sharing, Rubik’s Cube, Ruby on Rails, Sam Altman, Satoshi Nakamoto, Saturday Night Live, self-driving car, side project, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, single-payer health, Skype, smart contracts, Snapchat, social software, software is eating the world, sorting algorithm, South of Market, San Francisco, speech recognition, Steve Wozniak, Steven Levy, TaskRabbit, the High Line, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, universal basic income, urban planning, Wall-E, Watson beat the top human players on Jeopardy!, WikiLeaks, women in the workforce, Y Combinator, Zimmermann PGP, éminence grise
In other words, the tech founders and executives were, remarkably, less likely than garden-variety Democrats to agree with basic libertarian ideas. The study also found that the tech folks were extremely globalist in their worldview, with 44 percent, more than any other group, agreeing that “trade policy should prioritize the wellbeing of those abroad instead of Americans.” And they supported many classically redistributionist tax-and-spend policies: 82 percent supported single-payer health care even if it meant raising taxes, and 75 percent supported spending federal money on programs that benefited only the poor. Nearly all supported same-sex marriage, and 82 percent favored gun control. “In other words,” as the researchers concluded in their paper, “technology entrepreneurs are not libertarians.” They were, in many ways, just traditional Californian leftish thinkers. With one big exception: regulating corporate behavior.
Economic Dignity by Gene Sperling
active measures, Affordable Care Act / Obamacare, autonomous vehicles, basic income, Bernie Sanders, Cass Sunstein, collective bargaining, corporate governance, David Brooks, desegregation, Detroit bankruptcy, Donald Trump, Double Irish / Dutch Sandwich, Elon Musk, employer provided health coverage, Erik Brynjolfsson, Ferguson, Missouri, full employment, gender pay gap, ghettoisation, gig economy, Gini coefficient, guest worker program, Gunnar Myrdal, housing crisis, income inequality, invisible hand, job automation, job satisfaction, labor-force participation, late fees, liberal world order, longitudinal study, low skilled workers, Lyft, Mark Zuckerberg, market fundamentalism, mass incarceration, mental accounting, meta analysis, meta-analysis, minimum wage unemployment, obamacare, offshore financial centre, payday loans, price discrimination, profit motive, race to the bottom, RAND corporation, randomized controlled trial, Richard Thaler, ride hailing / ride sharing, Ronald Reagan, Rosa Parks, Second Machine Age, secular stagnation, shareholder value, Silicon Valley, single-payer health, speech recognition, The Chicago School, The Future of Employment, The Wealth of Nations by Adam Smith, Toyota Production System, traffic fines, Triangle Shirtwaist Factory, Uber and Lyft, uber lyft, union organizing, universal basic income, War on Poverty, working poor, young professional, zero-sum game
See pursuit of potential and purpose; worker potential self-sufficiency, 91, 94–96 Semuels, Alana, 98 Sen, Amartya, 8, 48, 135 Seneca Falls Convention, 15 Service Employees International Union (SEIU), 77, 79, 187, 205, 210, 254 sexual harassment. See workplace sexual harassment Shapiro, Carl, 115 Shared Security System, 193–94 shareholder primacy, 118–22 sheepherders, 261–62 Shell, Ellen Ruppel, 275–76 Sherman Act of 1890, 23 Shierholz, Heidi, 265 Shih, Willy, 140 Sides, John, 292 Silva, Jennifer, 287 “silver or lead,” 72, 116, 117 single-payer health care, 100–101, 102–3, 106 Sitaraman, Ganesh, 45–46, 104–5 Skills For Chicagoland’s Future, 213–14 skills and labor markets, 269–71, 281–84 skills gap debate, 270–71 skills training, 281–84 slavery, 18, 63, 67, 82–83, 260–61, 284, 293 Smith, Adam, 107, 173 Smith, Jeanetta, 93–94 SNAP (Supplemental Nutrition Assistance Program), 91, 92–93, 187–88, 190, 329n Snellman, Kaisa, 287 Snyder, Jack, 294 Social Darwinism, 90–91 socialism, 103, 106 Social Security, 23–24, 159–60, 161, 174, 188, 189, 200–201 Social Security Act of 1935, 24, 73 Social Security Caregiver Credit Act of 2019, 328n Social Security Disability Insurance (SSDI), 91, 93–94, 198–200, 336n Sparling, Dara and Rob, 195–96 Sperling, Doris, 149, 216 Sperling, Larry, 31 Sperling, Rick, 217, 287 Sprung-Keyser, Ben, 285 Stack-Martinez, Rebecca, 252 “stakeholder test,” 119–20 stakeholder theory, 119, 281 Standard Oil, 71–72 Stanton, Elizabeth Cady, 15 static economies, 130–31 status quo policies, 8, 131–34 stealing tips, 264–65 Steinbaum, Marshall, 278 STEM (Science, Technology, Engineering and Mathematics) majors, 280–81 Stephanopoulos, George, 239 Stern, Andy, 187, 205 Stewart, Potter, 11 Stiglitz, Joseph, 8, 104, 136, 146, 247 Stout, Lynn, 119 Strine, Leo, 119–20 student loan debt, 97–98, 274–75, 276 subprime mortgage crisis, 109, 112 Summers, Lawrence, 220–21 summer school activities, 286–88 Sunstein, Cass, 135, 158 Supplemental Nutrition Assistance Program.
Strange Rebels: 1979 and the Birth of the 21st Century by Christian Caryl
anti-communist, Ayatollah Khomeini, Berlin Wall, Bretton Woods, British Empire, colonial rule, Deng Xiaoping, financial deregulation, financial independence, friendly fire, full employment, income inequality, industrial robot, Internet Archive, Kickstarter, land reform, land tenure, liberal capitalism, liberation theology, Mahatma Gandhi, means of production, Mikhail Gorbachev, Mohammed Bouazizi, Mont Pelerin Society, Neil Kinnock, new economy, New Urbanism, oil shock, open borders, open economy, Pearl River Delta, plutocrats, Plutocrats, price stability, rent control, road to serfdom, Ronald Reagan, single-payer health, special economic zone, The Chicago School, union organizing, upwardly mobile, Winter of Discontent, Xiaogang Anhui farmers, Yom Kippur War
Attlee himself had worked in the slums of East London as a young man, and the experience had left him with a profound sense of the need for wide-ranging social protections. It took the Labour government just a few short years to implement a raft of social welfare policies that transformed British society. The Labourites established child subsidies, expanded a range of social insurance programs, built vast new tracts of public housing, imposed far-reaching rent controls, and launched a comprehensive program of state-run, single-payer health care (the National Health Service). It all proved enormously popular. Labour’s economic policies were even more far-reaching. “It is doubtful whether we have ever, except in war, used the whole of our productive capacity,” the Labour election manifesto proclaimed. “This must be corrected.” Attlee and his cabinet set out to do this through a series of measures that transformed British capitalism.
The Unwinding: An Inner History of the New America by George Packer
Affordable Care Act / Obamacare, Apple's 1984 Super Bowl advert, bank run, big-box store, citizen journalism, cleantech, collateralized debt obligation, collective bargaining, corporate raider, Credit Default Swap, credit default swaps / collateralized debt obligations, deindustrialization, diversified portfolio, East Village, El Camino Real, Elon Musk, family office, financial independence, financial innovation, fixed income, Flash crash, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, housing crisis, income inequality, informal economy, Jane Jacobs, life extension, Long Term Capital Management, low skilled workers, Marc Andreessen, margin call, Mark Zuckerberg, market bubble, market fundamentalism, Maui Hawaii, Menlo Park, Neil Kinnock, new economy, New Journalism, obamacare, Occupy movement, oil shock, paypal mafia, peak oil, Peter Thiel, Ponzi scheme, Richard Florida, Robert Bork, Ronald Reagan, Ronald Reagan: Tear down this wall, shareholder value, side project, Silicon Valley, Silicon Valley startup, single-payer health, smart grid, Steve Jobs, strikebreaker, The Death and Life of Great American Cities, the scientific method, too big to fail, union organizing, urban planning, We are the 99%, We wanted flying cars, instead we got 140 characters, white flight, white picket fence, zero-sum game
She hadn’t given up on music and the arts, but she also wanted to organize, get down and dirty, be in the fight. She was twenty when Obama emerged in the 2008 campaign. She thought it would be awesome to have a black man as president, but she wondered if he’d turn out to be as progressive as Hillary—he knew how to play to both sides. Then, suddenly, it began to feel like a popular movement was rising, for things like single-payer health care, and if Obama was the reason for that movement, she was going to be for him. When the Wall Street crisis hit right before the election, she thought, “This is it, the financial system is coming to an end.” She expected a return to the fifties and sixties, harsh regulations and a blue-collar economy, but without the bigotry (because the American dream in those days didn’t make room for people like her and her mother).