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Free Market

'Freedom' and Faux Populism

Tina Dupuy | Posted 05.25.2011 | Politics
Tina Dupuy

Really when freedom is invoked by the GOP it means liberty for corporations. It's big government getting out of the way so big business can step up.

Just the Facts, Ma'am

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

While important I refuse to call this meeting a "summit," since Democratic and Republican politicians squabbling simply does not reach the heights of two nuclear powers tensely sitting down to talk about missiles.

The Proselytizers: Wall Street Executives and Televangelists

Judith Ellis | Posted 05.25.2011 | Business
Judith Ellis

Goldman Sachs executives are sounding more and more like televangelists who say things like "We are doing the work of the ministry" and "Give and it shall be given unto you."

Layoffs Are Bad for Business and the Economy

Stewart Acuff | Posted 05.25.2011 | Politics
Stewart Acuff

An article by Stanford Professor Jeffrey Pfeffer in the February 15 issue of Newsweek makes a compelling, well-researched case that layoffs and downsi...

One Free Market System for Wall Street, Another Free Market System for Main Street

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

Rather than defending the outsized paychecks of Dimon, Blankfein, and the rest of Wall Street as part of the free market system, the President needs to demand that Wall Street help homeowners on Main Street.

Obama Is No FDR, We're No Mass Movement

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Obama has made his share of blunders. But his statement that we "don't begrudge" the high salaries on Wall Street is about the dumbest thing he's ever said.

Weekly Audit: Attack of the Imaginary Budget Demons

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

By Zach Carter, Media Consortium Blogger On Feb. 1, President Barack Obama unveiled his 2011 budget proposal. While conservative pundits reacted with ...

Raj Patel: The Value Of Nothing, Part 1 (VIDEO)

Rebecca Gerendasy | Posted 05.25.2011 | Green
Rebecca Gerendasy

Raj Patel, food activist, scholar, and author of two important books: Stuffed and Starved: The Hidden Battle for the World Food System and his new boo...

Shadow Elite: Did The Supreme Court Just Trash Democracy and the Free Market?

Janine R. Wedel | Posted 05.25.2011 | Home
Janine R. Wedel

Far from sounding the bells of freedom, the Supreme Court has further imperiled government of the people, by the people, and for the people.

Bankers and Their Lies: Are We Really That Stupid?

Martin Luz | Posted 05.25.2011 | Business
Martin Luz

The central pillar of this narrative is the idea that the recession was no one's fault. These things just happen. No one was "personally" responsible.

'Invisible Hands': The Dangerous Power of Business

Kim Phillips-Fein | Posted 05.25.2011 | Home
Kim Phillips-Fein

"Invisible Hands" is about how they were able to grow their ranks over time, so that today business interests are able to exercise immense power regardless of which political party is in the White House.

Economists are Irrational!

Dr. Jim Taylor | Posted 05.25.2011 | Business
Dr. Jim Taylor

Given what has happened to our economy in the last decade, it's hard to believe that any of the "freshwater," "efficient market" economists still have jobs, much less, credibility in how the economy actually works.

Bush: 'I Went Against My Free-Market Instincts'

George's Bottom Line | Posted 05.25.2011 | Politics

"I went against my free-market instincts." That's what former President Bush said today in explaining why he signed off on the bailout for Wall Stree...

The Orphan Of The American Political Spectrum

Patrick Maines | Posted 05.25.2011 | Politics
Patrick Maines

Were one to design a political philosophy calculated to appeal to large numbers of "conservatives" and "liberals," it might look very much like contemporary libertarianism.

For The Shadow Elite Failure Often Guarantees Future Rewards

Janine R. Wedel | Posted 05.25.2011 | Home
Janine R. Wedel

Today's power brokers are still at the top of their game because they are said to "have the credentials." No matter that they are the credentials of a shadowy elite--and of failure.

Individualism Run Amok

Susan Smalley, Ph.D. | Posted 11.17.2011 | Healthy Living
Susan Smalley, Ph.D.

I was surprised to read the other day that in some cultures if you are asked 'how are you?' the answer never begins with the pronoun 'I' but rather with a 'we' as in 'we are fine or not fine'.

Wanted: Free-Market Mouthpieces

Rob Warmowski | Posted 05.25.2011 | Politics
Rob Warmowski

For my entire adult life, I have watched free-market fundamentalists do their thing. They demonize government, run for government, capture government, then dismantle and privatize government.

Stephen Colbert Author Interview: Raj Patel On The Perils Of Free Market Economy (VIDEO)

Comedy Central | Posted 05.25.2011 | Home

Raj Patel, author of the new book "The Value of Nothing," spoke to Stephen Colbert last night about the hidden costs behind almost everything we consu...

Lessons For US Economic Policy From The Fall Of The Berlin Wall

Newsweek | Michael Hirsh | Posted 05.25.2011 | Politics

The abrupt and miserable end of the socialist experiment--it all happened so fast, with East Germany getting absorbed into West Germany on Oct. 3, 199...

The Debate About Health Care Reform Is Not About Health Care

Henryk A. Kowalczyk | Posted 05.25.2011 | Politics
Henryk A. Kowalczyk

It is about the underlying concepts of our political system. Do we want to stick to the concepts that made America strong and rich? Or do we want abandon them and experiment with new political concepts?

Measuring Measurements: Rising GDP in the Great Recession

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

It is so easy in our current political environment to forget that GDP, the unemployment rate, the income tax burden -- a whole slew of measurements -- are freighted with judgments.

The Mystique of "Free-Market Guy" Obama

Jeff Cohen | Posted 05.25.2011 | Politics
Jeff Cohen

Liberal activists need to be smart enough to see Obama for the status quo politician he is -- and to act accordingly.

We Need Life Cycle Health Risk Insurance

Henryk A. Kowalczyk | Posted 05.25.2011 | Politics
Henryk A. Kowalczyk

The trick in reforming the health insurance system lies not in taking away profits from insurance companies, but in changing the paradigm in such a way that their greed would guide them to provide better health care.

Technology Rx for Health Care Reform

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

The consumer electronics industry is defined by rapid innovation and falling prices. Advocates on every side should consider these market-based lessons, as they are relevant to the current health care debate.

Joshua Cooper Ramo: Surprise! Global Financial Crisis Could Turn China Into A Superpower

Diane Tucker | Posted 05.25.2011 | Home
Diane Tucker

The Chinese banking system has been through so much stress during the last few decades, they are in a much better position than the U.S. to deal with the global financial crisis, says Joshua Cooper Ramo.