archive

Stories of the American recession

How is it that our nation is awash in money, but too broke to provide jobs and services? David Korten introduces a landmark new report, “How to Liberate America from Wall Street Rule.” Can the middle class be saved? The Great Recession has imperiled America's values as well as its economy — here's how we can rebuild our hollowed-out middle class (and a roundtable). The American political system isn’t working for average Americans anymore; don’t blame the Tea Party, new political science research suggests — blame inequality. Does America need manufacturing? Amid the working-class ruins of Michigan, the Obama administration is pursuing what amounts to a stealth industrial policy. The Dollar-Store Economy: The ubiquitous dollar store is the American dream writ small. Umair Haque on how our economy was overrun by monsters and what to do about it. Is socialism possible in the United States? There is no reason Wall Street parasites must run this country forever. Why journalists need to keep telling the sad stories of the American recession, and how to do it better. Here are 8 reasons young Americans don't fight back: How the US crushed youth resistance. Our National Time Bomb: Here is a guide to the U.S. fiscal outlook. The return of a zero-sum world: Reaganomics and Rubinomics are both doomed — what will replace them? What Republicans get wrong about capitalism: Conservative hero Adam Smith thought workers — not Rick Perry's "job creators" — were the engine for growth. Sally Kohn on how American businesses don't succeed in spite of government — they succeed because of it. As companies move production overseas and as other industries grow faster, manufacturing is accounting for a smaller share of the economy — and the nation has no distinct plan for the sector’s future.