Monopoly is back: Barry Lynn on the concentration of American economic power — and how we can restore fairness. Highlights: [more inside]
In the spirit of the Nobel season, Yasha Levine discusses the history of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel as a PR gimmick for laissez-faire economics, and how its existence is an affront to the Nobel legacy.
One thing the historical record makes abundantly clear is that Adam Smith and his laissez-faire buddies were a bunch of closet-case statists who needed brutal government policies to whip the English peasantry into a good capitalistic workforce willing to accept wage slavery.Yasha Levine's detailed review of historian Michael Perelman's The Invention of Capitalism.
"The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." [more inside]
Not ones for subtlety, the Death of Environmentalism guys (previously) are at it again with a Manifesto for a New Environmentalism. Their Apollo Alliance is getting early support from both Clinton and Obama. But it's not the only "new environmentalism" out there. There's this New Environmentalism, while others would include both market-based approaches among the the idols of old environmentalism.
Orion Magazine hosts a two-part essay on the environmentalism movement's attempts to fit within free market capitalism, and the problems therein. Part one, The Idols of Environmentalism, focuses on the cross purposes of capitalism and environmentalism, and the apparent impossibility of the two working together. In part two, The Ecology of Work, the focus is on the human impact of the work and consumption culture.