progressive economics

progressive economics

A Case for Socialism in Modern America

socialism August 9th, 2018

There are few topics in the United States that get beat down like a hammer pounding a nail into a board than socialism. It’s as if the very word is a curse or slander of something dear to you. One hears: “Socialism in the US, I’d rather DIE first!”; “You’re a Socialist?? then go live somewhere where you’re wanted!”; “Creeping Socialism is like weeds in a garden; once it gets started, it spreads everywhere!” In this guest blog, economist and author Carl Conrad opines on what socialism is, what it isn’t, and why it is a necessary and useful bulwark against runaway capitalism.

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Author John Abrams on His Employee-Owned Company

company July 31st, 2018

This essay is fully titled: “Thinking Like Cathedral Builders: Outrageous Behavior, Freedom, and Hope” and is authored by John Abrams. It is one of the chapters in the book LIVING A LIFE OF VALUE. In this piece, Abrams, president and CEO of South Mountain Company, Inc. , a forty-year-old employee-owned design and building company located on the island of Martha’s Vineyard, Massachusetts and the author of THE COMPANY WE KEEP: Reinventing Small Business for Community, People, and Place (Chelsea Green Publishing, 2005) writes wonderfully.

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Philosophical Fundamentals: Marxism

Marxism July 24th, 2018

Marxism is a philosophical, political and social movement derived from the work of Karl Marx and Friedrich Engels (1829 – 1895) in the second half of the 19th Century. It is a theoretical-practical framework based on the analysis of “the conflicts between the powerful and the subjugated” with working-class self-emancipation as its goal. It promotes a pure form of Socialism and provides the intellectual base for various subsequent forms of Communism. According

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Income Inequality: Right or Wrong?

income inequality May 1st, 2018

Thomas Piketty, a French economist, made a big splash in 2014 with his book Capital in the 21st Century. It piqued my interest in regard to social justice. Specifically, social mobility, status quo, and economic freedom. I believe that America has a serious issue with wealth inequality, and income inequality, and has for quite some time. We are now less of a socially-mobile society than many countries in Europe are. Cross that with some of the standard of living/life satisfaction measures in which Europe and a few other countries do well, and you have a fairly grim assessment of the United States. Here are some thoughts on income inequality by Thomas Piketty.

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Liberals Are the Heart of the American Republic

liberalism February 25th, 2018

Liberals are the heart of the American republic. At least in my opinion. I think evidence can be found for why the spirit of liberalism in its classical sense imbued the Declaration of Independence and Constitution with something that was missing from hereditary aristocracies of Europe. As well, much or all of the social progress that has occurred since the country’s inception has been due to the liberal impulse to improve conditions, make everyone more truly equal before the law, and rein in the abuses of government and corporations to improve the lives of people. It’s people-power, really. Yes, Democrats have sullied the sterling image of true liberalism, but progressive causes have never been about one political party (evidenced by the massive movement undergirding the Bernie Sanders phenomenon in recent years). One of clearest examples of why we’re liberals was penned by author Eric Alterman, Ph.D. in a book that is, not coincidentally, entitled Why We’re Liberals. In this blog I share a bit of background about liberalism, progressivism, and the like, and use a hundred or so Eric Alterman quotes to illustrate what I think is best about the book and, therefore, most consistent with the wonderful philosophical, political, and economic phenomenon called liberalism. Enjoy. And buy the book.

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Powerful Quotes By Famous Progressives

quotes by famous progressives February 8th, 2018

Liberals have a long history of bettering this country – and leading it better (than the opposition). When it comes to having a coherent and compelling philosophy, progressives suck. We fight amongst ourselves, equivocate, cower, and are even afraid to proudly use the word liberal. However, as Eric Alterman points out in his great book Why We’re Liberals: A Handbook for Restoring America’s Most Important Ideals, progressive politicians provide superior leadership, have more integrity, and speak for the ideals held by most Americans, by and large. This blog features many compelling and unique quotes by famous progressives.

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Amending Capitalism: How & Why? (V&E-18)

amending capitalism October 17th, 2017

The following piece is entitled “Amending Capitalism: How and Why?” and constitutes chapter 18 of the book Values & Ethics: From Living Room to Boardroom (itself based on an Internet-based talk radio show of the same name I did in times past). My erudite and ingenious partner in dialogue is Gar Alperovitz, Ph.D., professor of political economy at the University of Maryland, a former fellow of King’s College – Cambridge, a former fellow of the Institute of Politics at Harvard University, and guest scholar at The Brookings Institution. Gar’s words are indicated by the initials GA, and mine are JM. For paragraphs with no initials, assume they are a continuation of the speaker who was speaking in the previous paragraph. I highlight words having to do with values and virtues by placing them in boldface type. Enjoy this look at critiques of capitalism, worker-owned businesses, progressive economics, corporate social responsibility, and economic justice.

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Quotes About Economic Justice

quotes about economic justice October 9th, 2017

This blog features over fifty quotes about economic justice. A representative quote is the following:

“Social class is probably the single most important variable in society. From womb to tomb, it correlates with almost all other social characteristics of people that we can measure.” ~ history professor and author, James W. Loewen

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