A Political and Literary Forum
A sweeping new history of U.S. capitalism finds that economic gains have always been driven by the state.
Justin H. Vassallo
We must act now to support families and businesses. Greatly expanding U.S. unemployment insurance is an obvious way to go—in part because the system is already up and running.
Decades of neoliberal austerity will make it harder to fight the COVID-19 pandemic. Now, more than ever, we must rebuild our social safety net and forge a New Deal for public health.
Amy Kapczynski, Gregg Gonsalves
Debt’s ubiquity is a burden, but also an opportunity.
Ben Bernanke, Timothy Geithner, and Henry Paulson still have not reckoned with the failures of neoliberal planning in the wake of the financial crisis.
The Trump administration’s sanctions against Iran and cuts to SNAP benefits are two sides of the same war that the rich are waging against the global poor.
Accountability is important. But tests that tie school funding to student performance only make things worse.
For the sake of justice and democracy, we need a progressive wealth tax.
Gabriel Zucman, Emmanuel Saez
They can give up free-market orthodoxy, but still can’t bring themselves to embrace labor.
Designed as a bucolic working-class suburb of St. Louis, the nearly all-black town of Centreville now floods with raw sewage every time it rains.
With its elite decision-makers and opinion-formers—and over 1.5 million copies sold per week—the Economist has exerted tremendous influence on popular liberal discourse for more than a century.
In the 1940s and ’50s, the general public understood and agreed upon Keynesian economic principles. Today, we can learn a lot from the popularizing efforts that led to that consensus and long-lasting economic success.
Moral thinking about debt has fluctuated throughout U.S. history. Today’s calls for cancellation suggest it may be poised for transformation once again.
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Erik Nielson, Andrea L. Dennis
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