Do the Math: American Economy and Society

By: Friday May 2, 2014 1:20 pm

When most people talk about economics there are lots of statistics, as if economics is about math. Economics is really about people. It shows who we are as a nation and tells us what we will become. In 21st century America, our hope now is that we’ll someday better people than we have become. But do the math; it’ll be a hard road.

 

FDL Book Salon Welcomes Sam Pizzigati, The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class

By: Sunday February 10, 2013 1:59 pm

I can think of few books about a slice of American history that have more relevance to the vital debates of today than Sam Pizzigati’s “The Rich Don’t Always Win.” Sam’s book tells the story of how the United States, one of the world’s most unequal societies in the early 1900s, became by the middle of the 20th century one of the most equal nations on earth. He shows how average Americans, organized in the labor and other movements, mobilized and vanquished a plutocracy even more powerful than ours today.

Why is this relevant to today? Well, starting with the election of Ronald Reagan in 1980, the U.S. government — fueled by a far right ideology — passed “free market” taxes and other policies that left the nation once again as one of the most unequal on earth by the beginning of this century.

The Story of the Janesville GM Plant

By: Thursday August 30, 2012 3:00 pm

I’ve already made myself clear about our glorious post-fact universe, and I don’t really think these examples of the traditional media supposedly meeting their obligations relative to Paul Ryan’s convention speech fit the bill. These examples come from the segregated “fact-check” organizations and the opinion pages of the large newspapers and media outlets. The facts are shunted off to the side, separated from the “news,” which is a calm regurgitation of what happened, ripped from context and perspective.

Lying in Post-Fact America

By: Thursday August 30, 2012 6:35 am

We live in a time when the media literally thinks it’s a separate job to separate true from false in reporting on national political figures. They think their main job is theater criticism.

FDL Movie Night: Heist: Who Stole the American Dream?

By: Monday April 2, 2012 5:00 pm

You know things are bad when Paul Craig Roberts, one of the founders of Reaganomics, says about deregulation and the current state of the economy:

It’s gone too far.

With Heist: Who Stole the American Dream, directors Frances Causey and Donald Goldmacher trace the roots of today’s current economic crisis back to a 1971 memorandum written by Lewis F. Powell Jr.– a Virginia lawyer and representative of the tobacco industry who later became an associate justice of the United States Supreme Court. The Powell Memo, written for the Chamber of Commerce, lays out a very solid, point by point plan for corporations to loosen regulations and gain greater and greater control of the economy for their own benefit at the expense of of the American people.

FDL Movie Night: “The Revenge of the Electric Car”

By: Monday November 7, 2011 5:00 pm

It’s baaaack! The electric car is charging its way onto the freeways and Chris Paine, our guest tonight, documents the vehicle’s resurrection by GM (who killed off the EV1), Nissan and Tesla along with Reverend Gadget aka Greg Abbott’s retro-fitted electric cars which use the bodies of Boxters and other sports cars to house rechargeable batteries. In Revenge of the Electric Car, Paine takes us through the death of the EV1 to the return of the electric car, spurred as much by public demand as by rising gas costs, corporate rivalry, and in some cases the creators’ desire to redeem themselves or to be heroes.

FDL Movie Night: “Smile ‘Til It Hurts: The Up with People Story”

By: Monday August 8, 2011 5:00 pm

Up with People was a non-profit corporation, a counter to the counterculture, the voice of Nixon’s Silent Majority and it’s well-publicized busload of kids traveling the world and staying with host families delivered an experiment in a new life style, a freshly scrubbed version of hippies. Whether singing “Freedom Isn’t Free” at a barbed wire Berlin Wall checkpoint, showcasing their talents at Richard Nixon’s Inaugural, or performing in later years before groups of auto workers–who unknowingly would soon be laid off by the tour sponsor General Motors–Up with People was on message for the Establishment, spreading the word that being nice was nice, and the nicer you were to people, the more niceness would spread. And the world would live happily ever after.

Why Unemployment Makes the Tea Party Happy

By: Thursday July 14, 2011 10:30 am

Their irresponsible position is that corporations and billionaires should not have to share the sacrifices needed to keep our economy on track for recovery. That is why they vehemently oppose efforts to cut corporate welfare and to eliminate subsidies for the oil companies. Unlike most Americans, who believe we should pull together to find real solutions, these politicians are intent on dividing Americans by destroying programs that have broad public support. At the same time, they have done all in their power to create instability in the economy and put more Americans out of work.

GM IPO: Rattner’s Pump Dump

By: Thursday November 18, 2010 2:04 pm

When Steven Rattner published this piece on the GM IPO in HuffPo, he had not yet been sued by NY’s Attorney General for allegedly being “willing to do whatever it took to get his hands on pension fund money including paying kickbacks, orchestrating a movie deal, and funneling campaign contributions,” nor had he yet settled–with no admission of guilt–the SEC investigation that alleges he, “delivered special favors and conducted sham transactions that corrupted the Retirement Fund’s investment process.” Thus, it would go too far to call the Steven Rattner that published that piece a fraudster, or even an alleged fraudster.

But a big part of this victory lap is fraudulent.

SUPPORT FIREDOGLAKE
Follow Firedoglake
TODAY’S TOP POSTS
CSM Ads advertisement
Advertisement