single-payer health

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pages: 300 words: 78,475

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, Bear Stearns, 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, Savings and loan crisis, 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

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.

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. If we don’t hold our health hostage to the value of our property, why do we do this with our children’s education? The annual educational cost per child—equalized for urban and suburban school districts across each state—would come from current education funding sources. When it comes to quality control, in health care the guidelines incorporated by Medicare are used to manage the quality of health-care services.


pages: 182 words: 55,234

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, prosperity theology / prosperity gospel / gospel of success, Ralph Nader, Richard Florida, Ronald Reagan, Silicon Valley, single-payer health, Steve Bannon, 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.

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.


pages: 373 words: 80,248

Empire of Illusion: The End of Literacy and the Triumph of Spectacle by Chris Hedges

Albert Einstein, Ayatollah Khomeini, Bear Stearns, Cal Newport, clean water, collective bargaining, corporate governance, creative destruction, Credit Default Swap, haute couture, Herbert Marcuse, Honoré de Balzac, Howard Zinn, illegal immigration, income inequality, Joseph Schumpeter, Naomi Klein, offshore financial centre, Ralph Nader, Ronald Reagan, Seymour Hersh, single-payer health, social intelligence, statistical model, uranium enrichment

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 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.


pages: 389 words: 81,596

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

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.


pages: 332 words: 89,668

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.

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.


I Love Capitalism!: An American Story by Ken Langone

activist fund / activist shareholder / activist investor, Bear Stearns, 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.


pages: 378 words: 102,966

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, disinformation, 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

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.

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.


pages: 412 words: 96,251

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, disinformation, Donald Trump, ending welfare as we know it, Ferguson, Missouri, illegal immigration, immigration reform, microaggression, 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.

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.


pages: 124 words: 39,011

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, Savings and loan crisis, 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

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.


pages: 164 words: 44,947

Socialism Sucks: Two Economists Drink Their Way Through the Unfree World by Robert Lawson, Benjamin Powell

Airbnb, anti-communist, Berlin Wall, Bernie Sanders, business cycle, cognitive dissonance, crony capitalism, Deng Xiaoping, Donald Trump, en.wikipedia.org, equal pay for equal work, Fall of the Berlin Wall, Gini coefficient, hiring and firing, illegal immigration, income inequality, indoor plumbing, invisible hand, Kickstarter, means of production, Mont Pelerin Society, profit motive, road to serfdom, Ronald Reagan, single-payer health, special economic zone, The Wealth of Nations by Adam Smith

Marxism, Nations, and Migration • Capitalism and the Gender Binary • The Rise of Red Power and the American Indian Movement • Artists Against War • Gender and Disability • Whose Clinics? Our Clinics! Defending Abortion rights • What Do Socialists Say About White Privilege? • All Eleven Million: The Fight for Immigrant Rights • From TrumpCare to Medicare for All: The Growing Movement for Single-Payer Health Care • Socialism and Women’s Liberation • Athletes in Revolt: Black Lives Matter in Sports Today • U.S. Imperialism under Trump • From #MeToo to No More: How Can We End Sexual Harassment and Assault? • CSI Is Lying to You: Junk Science in Criminal Convictions • Queens of the Resistance: A Revolutionary Drag Show The thing is, Bob and I are also concerned with a lot of the same issues discussed in these sessions, but it’s not obvious what they have to do with socialism.


pages: 504 words: 129,087

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, disinformation, 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, microaggression, 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, Steve Bannon, 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

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.

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, Herbert Marcuse, 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

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.


pages: 232 words: 70,361

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, independent contractor, 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, Tax Reform Act of 1986, The Wealth of Nations by Adam Smith, transfer pricing, trickle-down economics, uber lyft, very high income, We are the 99%

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.


pages: 300 words: 76,638

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, Bear Stearns, 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, San Francisco homelessness, self-driving car, shareholder value, Silicon Valley, Simon Kuznets, single-payer health, Stephen Hawking, Steve Ballmer, supercomputer in your pocket, technoutopianism, telemarketer, The future is already here, 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.


pages: 242 words: 245

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

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.


pages: 242 words: 73,728

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, Modern Monetary Theory, 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 is already here, 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 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).


pages: 229 words: 72,431

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, the strength of weak ties, The Theory of the Leisure Class by Thorstein Veblen, Thorstein Veblen, Turing test, unpaid internship, Vanguard fund, Vilfredo Pareto, you are the product, zero-sum game, Zipcar

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.


pages: 309 words: 78,361

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, Yochai Benkler, Zipcar

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.


pages: 340 words: 81,110

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

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.


pages: 324 words: 86,056

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, Steve Bannon, telemarketer, The Wealth of Nations by Adam Smith, too big to fail, union organizing, Upton Sinclair, urban renewal, We are the 99%

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.


pages: 294 words: 85,811

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.


pages: 423 words: 92,798

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, independent contractor, 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.


pages: 323 words: 90,868

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, independent contractor, 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.


pages: 313 words: 91,098

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, 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.”


pages: 281 words: 95,852

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, Ian Bogost, independent contractor, 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, Yochai Benkler, zero-sum game

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.


pages: 364 words: 99,613

Servant Economy: Where America's Elite Is Sending the Middle Class by Jeff Faux

back-to-the-land, Bear Stearns, 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, Savings and loan crisis, 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, you are the product

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.


pages: 307 words: 96,543

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, Savings and loan crisis, 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.


pages: 484 words: 104,873

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, bond market vigilante , 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, Tragedy of the Commons, 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.


pages: 377 words: 110,427

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, functional programming, 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

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.


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, household responsibility system, 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, Tax Reform Act of 1986, The Theory of the Leisure Class by Thorstein Veblen, 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

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.


pages: 394 words: 112,770

Fire and Fury: Inside the Trump White House by Michael Wolff

Affordable Care Act / Obamacare, barriers to entry, Bernie Sanders, Biosphere 2, centre right, disinformation, 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, Steve Bannon, 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.


pages: 349 words: 114,914

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, San Francisco homelessness, single-payer health, Steve Bannon, The Bell Curve by Richard Herrnstein and Charles Murray, War on Poverty, white flight

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.


pages: 489 words: 111,305

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, disinformation, 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, Nixon triggered the end of the Bretton Woods system, 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.


pages: 476 words: 125,219

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, disinformation, 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, Post-Keynesian economics, 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, Yochai Benkler

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.


pages: 637 words: 128,673

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

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.


pages: 538 words: 121,670

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, Mikhail Gorbachev, moral hazard, Pareto efficiency, place-making, profit maximization, Ralph Nader, regulatory arbitrage, rent-seeking, Ronald Reagan, Sam Peltzman, Savings and loan crisis, Silicon Valley, single-payer health, The Wealth of Nations by Adam Smith, too big to fail, upwardly mobile, WikiLeaks, Yochai Benkler, 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.


pages: 385 words: 123,168

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, functional programming, global supply chain, High speed trading, hiring and firing, independent contractor, informal economy, Jarndyce and Jarndyce, Jarndyce and Jarndyce, job automation, John Maynard Keynes: technological unemployment, knowledge worker, moral panic, Post-Keynesian economics, 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?”


pages: 441 words: 124,798

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, obamacare, offshore financial centre, RAND corporation, rent-seeking, single-payer health, urban renewal, War on Poverty, working poor

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.


pages: 572 words: 124,222

San Fransicko: Why Progressives Ruin Cities by Michael Shellenberger

activist fund / activist shareholder / activist investor, affirmative action, Affordable Care Act / Obamacare, Albert Einstein, anti-communist, Bay Area Rapid Transit, Bernie Sanders, business climate, centre right, coronavirus, correlation does not imply causation, Covid-19, COVID-19, crack epidemic, delayed gratification, desegregation, Donald Trump, Golden Gate Park, Haight Ashbury, housing crisis, Intergovernmental Panel on Climate Change (IPCC), Jane Jacobs, mandatory minimum, mass incarceration, meta-analysis, microaggression, RAND corporation, randomized controlled trial, remote working, rent control, Ronald Reagan, San Francisco homelessness, Savings and loan crisis, Silicon Valley, single-payer health, South of Market, San Francisco, Steven Pinker, The Death and Life of Great American Cities, walkable city

“The Salvation Army has detox beds available,” he said, “but the city actually discourages you from going to the Salvation Army because it’s a faith-based organization. So there’s really nowhere to go for treatment.”22 Is the reason for the lack of drug treatment that the United States does not have a single-payer health-care system like Medicare for All, or the Canadian system? There may be good reasons for such a system. But Canada has a single-payer system, and yet the West Coast province of British Columbia has seen overdose deaths increase 74 percent, from 984 deaths in 2019 to 1,716 deaths in 2020.23 Like San Francisco, Seattle, and Los Angeles, British Columbia’s most populous city, Vancouver, embraced decriminalization, harm reduction, and Housing First.


pages: 499 words: 144,278

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, algorithmic bias, Amazon Web Services, Asperger Syndrome, augmented reality, Ayatollah Khomeini, backpropagation, 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, disinformation, 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, hockey-stick growth, HyperCard, Ian Bogost, 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!, WeWork, WikiLeaks, women in the workforce, Y Combinator, Zimmermann PGP, éminence grise

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.”


pages: 667 words: 149,811

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, disinformation, 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, Ida Tarbell, income inequality, independent contractor, 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, 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 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.


pages: 559 words: 169,094

The Unwinding: An Inner History of the New America by George Packer

Affordable Care Act / Obamacare, Apple's 1984 Super Bowl advert, bank run, Bear Stearns, 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, independent contractor, 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, Savings and loan crisis, 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 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).


pages: 780 words: 168,782

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, disinformation, financial deregulation, financial independence, friendly fire, full employment, household responsibility system, 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, Shenzhen special economic zone , single-payer health, special economic zone, The Chicago School, union organizing, upwardly mobile, Winter of Discontent, Xiaogang Anhui farmers, Yom Kippur War

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.