Dean Baker and Mark Weisbrot, Social Security: The Phony Crisis (Chicago and London: The University of Chicago Press, 2000), 175 pp., $22.
The pronounced insecurity that inevitably attends capitalism’s historic tendency to commodify, and hence privatize, everything that can be commodified and privatized has been met with two major forms of resistance. The first is revolutionary communism, which emerged in the latter half of the nineteenth century and the second is social democracy, which developed in its strongest form in Europe after the Second World War. A defining feature of our present situation is that neither of these forms of resistance to capitalist hegemony is currently a major historical force. | more…
Dissatisfaction with what has happened to the study of economics is producing a rapidly growing revolt among economics students in France, Britain, the United States, and elsewhere. Within a matter of months, this new movement has made considerable inroads in exposing the meaninglessness of orthodox economics in contemporary capitalist societies. Students are eagerly looking for answers about the issues of the day, such as expanding globalization, growing dominance of international finance, increasing polarization between the rich and poor nations and between the rich and poor of each nation. But orthodox economics has no meaningful answers to any of these questions—a fact that has fed the widening rebellion among economics students in numerous countries. Before reporting on this new discontent, we need to provide some background on how economics has been transformed, since its classical period, into a study that is becoming more and more irrelevant. | more…
American politicians have been declaring victory in the war against crime at least since Richard Nixon said in 1972 that “[c]rime…[is] finally beginning to go back down…[because] we have a remarkable record on the law-and-order issues, with crime legislation…and narcotics bills.” In other words, crime declines because the government passes laws and spends money; larger prisons, more police, fewer civil liberties, and tougher punishments are winning the war on crime | more…
Rosalyn Baxandall and Elizabeth Ewen, Picture Windows: How the Suburbs Happened (New York: Basic Books, 2000), 352 pp., $27.50, cloth. (Due out in paperback in January 2001.)
Judging by the number of column inches now devoted to the subject in the national press, suburban sprawl has at last come of age. The sudden popularity of the topic may reflect the fact that suburbanites now constitute a majority of Americans. The impact of 132 million Americans on the landscape is hard to ignore. If, as environmentalists claim, more than four thousand acres of farmland are being devoured by suburban sprawl every day, then the prospect of a countryside bereft of open space can no longer be dismissed as alarmist. Sprawl is so pervasive and its predations so disturbing that its dynamics appear as almost a force of nature, inevitable and uncontrollable. So it is good to be reminded, as we are in the pages of Picture Windows, that the origins of large-scale suburbs were, in fact, anything but accidental and that the prime mover behind their massive postwar expansion was the federal government itself | more…
In an article on the role of third parties in U.S. presidential elections in the August 21, 2000, issue of In These Times, founding editor and publisher James Weinstein observed: In 1948, when I cast my first vote for president, Henry A. Wallace, vice president during FDR’s second and third terms, was running as the Progressive Party candidate against Republican Thomas Dewey and Democrat Harry S. Truman. | more…
Social Security was the crowning achievement of Roosevelt’s New Deal. It has been the most successful and still remains the most popular of all U.S. government programs. More than a pension program, Social Security provides for workers and their families in the case of early death and disability, in addition to retirement. In 1997, it provided about twelve trillion dollars worth of life insurance alone, more than that of the entire private life-insurance industry. Furthermore, it does all of this in the form of social insurance, in which the distribution and the amount of benefits provided are determined by family relation- ships and basic economic rights-factors that private insurance and pension plans ignore. Nearly one-fifth of the elderly in the United States rely on Social Security as virtually their sole source of income, while two-thirds of all recipients depend on it for at least half of their income | more…
When health policy is looked at from the point of view of which issues involve a direct confrontation of fundamental, ruling-class interest, which ones involve simply relative benefits to a class, and which are relatively neutral, we can predict which kinds of measures are possible. This highlights the lie in the notion that society is trying to improve health for everybody. | more…
The twentieth century came to a close in an atmosphere astonishingly reminiscent of that which had presided over its birth—the “belle époque” (and it was beautiful, at least for capital). The bourgeois choir of the European powers, the United States, and Japan (which I will call here “the triad” and which, by 1910, constituted a distinct group) were singing hymns to the glory of their definitive triumph. The working classes of the center were no longer the “dangerous classes” they had been during the nineteenth century and the other peoples of the world were called upon to accept the “civilizing mission” of the West | more…
On February 29, 2000, a first grader in the Buell Elementary School in Flint took a semi-automatic rifle to school and fatally shot his classmate, six-year-old Kayla Rolland. Since then, there have been countless stories about the tragedy in the media. Those I have read or heard have focused on the chaos in the boy’s family and/or guns in the home and community. All have avoided saying that Buell School is in Flint. Instead they have located it in “Mt. Morris Township, somewhere near Flint ” | more…
It is an old axiom, common to both Marxian and Keynesian economics, that uneven, class-based distribution of income is a determining factor of consumption and investment. How much is spent for consumption goods depends on the income of the working class. Workers necessarily spend almost all of their income on consumption, with relatively little left over for savings or investment. Capitalists, on the other hand, spend only a small percent- age of their income for personal consumption. The overwhelming proportion of the income of capitalists and their corporations is devoted to investment | more…
The mainstream U.S. news media have been shifting rightward for at least two decades, as their corporate owners enforce tighter ideological conformity. Oliver North and Pat Buchanan, for example, are now regular commentators on television talk shows. And all of the media now refer to people as “consumers,” cogs in a capitalist machine. But still, news is less than half as profitable as entertainment, and media firms are intensifying pressures on their “news properties” for higher profits, which means the pursuit of upscale demographics. | more…
In the early summer of 1999, libertarian John Stossel from ABC Television interviewed me at length on my views of unemployment and inequality in Europe and the United States. In the end, only a tiny video bite aired. In it, I stated that I did think Europeans might learn something from recent U.S. experience. Stossel portrayed this as a conversion to his own free-market views. It was a gross misinterpretation of the views I actually hold, as was quickly pointed out by the advocacy group FAIR, and eventually also in a story on Stossel by Brill’s Content early this year | more…
