archive

Americans didn’t always yearn for riches

From Dollars and Sense, Gerald Friedman on the Great Tax-Cut Experiment: Has cutting tax rates for the rich helped the economy? Robert Reich on the myth of living beyond our means. Steve Randy Waldman reviews Freaks of Fortune: The Emerging World of Capitalism and Risk in America by Jonathan Levy. Matthew Wood reviews The Failure of Capitalist Production: Underlying Causes of the Great Recession by Andrew Kliman. Robert Teitelman reviews Doing Capitalism in the Innovation Economy: Markets, Speculation and the State by William Janeway. A book salon on The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class by Sam Pizzigati. Before greed: Richard White on how Americans didn’t always yearn for riches. Yes, Virginia, the rich continue to get richer: The top 1% got 121% of income gains since 2009.