Corruption is a relative crime: a bribe in one country might be a gratuity in another or a lawful act of lobbying in yet another. However, these norms are not set in stone. Public servants and businesspeople adjust to new systems. Citizen expectations change. Democracies evolve. These changes require enforcers like Vincent Green. But they also require whistleblowers and everyday people who refuse to acquiesce to wrongs. Green’s book shows why we should fight for a more transparent and accountable democracy, and many concrete and important steps towards this goal.
|By: Gabriel M. Kuris Saturday September 21, 2013 1:59 pm|
|By: lakota Saturday September 14, 2013 8:00 pm|
There are currently 88,000 U.S. troops stationed in Afghanistan. That’s down from the peak troop level of about 100,000 who were stationed there in March of 2011. Troop strength is expected to shrink to 68,000 by the end of September and by the end of 2014, most U.S. troops are expect to be out of the country.
|By: Les Leopold Saturday September 14, 2013 1:59 pm|
Here’s the core of her argument. Because banks create most of our money, they control the very essence of the economy. To regain control of our economic well-being we need public banks that make investments in the public goods, services and jobs that we all need. Public banks can do all that without running up the national debt or raising taxes. Public banks, like private banks, fund investments. But, as Ellen writes:
“The difference is that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons it into private accounts, progressively drawing money out of the productive economy.”
|By: RJ Eskow Saturday July 13, 2013 1:59 pm|
The word “corruption” does not appear in the title or subtitle of the latest book by John Nichols and Robert W. McChesney, which is called Dollarocracy: How the Money and Media Election Complex is Destroying America. But the word resonates on every page. American democracy has been profoundly corrupted by the – usually legal – infusion of billions of dollars into the political process, and this jeremiad against corruption comes at a critical historical moment.
|By: Bethany McLean Saturday January 26, 2013 1:59 pm|
Back in the summer of 1975, a group of women met at the first United Nations Conference on Women in Mexico City. A Danish economist named Ester Boserup had just published an analysis noting that while women performed over 65% of the world’s work, they earned only 10% of the income, and owned less than 1% of the world’s property. And women were routinely denied commercial banking privileges. One of the attendees, Michaela Walsh, had what was at the time a radical observation: unless women got access to money and credit, they would never have power.
Over the next decade, the network she created, which has come to be known as Women’s World Banking, became one of the pioneering forces in helping women entrepreneurs enter the financial world and get credit they would not otherwise have been able to access. Today, WWB is an integral part of what we all know as microfinance.
|By: Michael K. Busch Sunday December 2, 2012 1:59 pm|
In The Foreign Policy Auction: Foreign Lobbying in America, Freeman unpacks the ways in which governments from around the world attempt to use finance capital to ensure that the sausage factory on Capitol Hill churns out American foreign policy in their favor. The book is unrelentingly thorough, engaging, and sober. “There is no arch-villain here,” Freeman warns at the start, “no dark lord, no one to unmask at the end of the show. There are only politicians seeking reelection, lobbyists seeking more revenue, and foreign governments competing for influence over the most influential government the world has ever known.”
|By: Peterr Thursday July 19, 2012 2:20 pm|
“You know, you should really look at where Mitt has led his life, where he’s been financially. He’s a very generous person . . .” said Ann Romney, rather sensibly. When pushed, however, she backed off quickly. Why not release more tax returns? “”Because there are so many things that will be open again for more attack. . . . We’ve given all you people need to know and understand about our financial situation and about how we live our life.”
She’s wrong about the latter but dead right about the former. If you want to understand someone’s moral values, it makes sense to look at how they lead their life by the checks they write. But rather than ask for the whole truckload of check stubs, I’d settle for seeing some more tax returns.
|By: Dean Baker Sunday July 1, 2012 7:00 pm|
The Washington Post is heavily invested in NAFTA. At the time of the debate it abandoned any pretext of being an objective newspaper, allowing both its opinion and news pages to be overwhelmingly dominated by proponents of the agreement. Since its passage the Post has refused to acknowledge that the agreement has had the intended effect in the United States of lowering the wages of manufacturing workers. (
|By: Jerome Armstrong Sunday June 24, 2012 1:59 pm|
The system is designed to split us, and we are the ones who have to engage in education and conversation in order to come together to reform the political structure.
|By: George Zornick Saturday February 4, 2012 1:59 pm|
Citizen’s United is not merely a mistake easily corrected, nor is the case simply about campaign finance or money in politics. Citizen’s United is a corporate power case masquerading as a free speech case. In many ways, the decision was less a break from the recent past than a proclamation about the sad reality of corporate power in America.