Resurrecting Countervailing Power (Why American capitalism is so rotten, Part 9)
robertreich.substack.com
Resurrecting Countervailing Power (Why American capitalism is so rotten, Part 9)
what we need to do is rethink this sense of unfettered capitalism in an age of globalization and say, no, we still have to value community, we still have to value place, and we need to have a capitalist system that allows for enough state intervention, that helps places survive and thrive.
ro khanna • Ro Khanna makes the case for digital public space
Keely Adler added
In recent years a new anti-monopoly movement has emerged, partly inspired by the Progressives, with new ideas for the old desire to make all citizens capable of participating in our political and economic life. Its most famous advocate is Senator Elizabeth Warren, who often echoes Brandeis, and who told the story of Frances Perkins one night in a c
... See moreGeorge Packer • Last Best Hope: America in Crisis and Renewal
One way to give labor more power is to make it easier to organize workers by passing labor law reform bills—the perennial campaign promises of Democratic candidates that go perennially unfulfilled. Another is to direct large-scale government investments into key national sectors—clean energy, manufacturing, education, and caregiving—to create jobs,
... See moreGeorge Packer • Last Best Hope: America in Crisis and Renewal
As Justice William Douglas would later put it, “power that controls the economy should be in the hands of elected representatives of the people, not in the hands of an industrial oligarchy.”
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
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