Overview – Economic Justice

 Values

What Money Can’t Buy and why eco­nom­ics needs to be seen not as a sci­ence but a moral phi­los­o­phy

Poverty

The Real Numbers: Half of America in Poverty — and It’s Creeping toward 75%

The Republicans’ War on the Poor

The GOP Is in Total Denial About America’s Soaring Poverty Problems By Michelle Goldberg, The Nation, posted on Alternet.org, December 16, 2013

Inequality

one of the most important and controversial issues of our time: How Washington and Big Business colluded to make the super-rich richer and turn their backs on the rest of us.– Jacob Hacker and Paul Pierson, authors of Winner-Take-All Politics: How Washington Made the Rich Richer — And Turned Its Back on the Middle Class, argue that America’s vast inequality is no accident, but in fact has been politically engineered. – How, in a nation as wealthy as America, can the economy simply stop working for people at large, while super-serving those at the very top?…detail important truths behind a 30-year economic assault against the middle class….What government has done and not done, and the politics that produced it, is really at the heart of the rise of an economy that has showered huge riches on the very, very, very well off.”  politicians rewrote the rules to create a winner-take-all economy that favors the 1% over everyone else, putting our once and future middle class in peril.” Engineered Inequality – Jacob Hacker & Paul Pierson on Moyers & Company,  March 1, 2012

Class wars

Billionaires Against Social Security

Billionaires Unchained: The New Pay-As-You-Go Landscape of American “Democracy”

CEOs average $12.3 million in 2012, 354 times the average worker

CEO-To-Worker Pay Ratio Ballooned 1,000 Percent Since 1950

How the Billionaires Class Is Destroying Democracy

The Empathy Ceiling: The Rich Are Different — And Not In a Good Way

Transfer of wealth

Which is the more redis­tri­b­u­tion­ist of our two par­ties? In recent decades, as Repub­li­cans have devoted them­selves with laser-like inten­sity to redis­trib­ut­ing America’s wealth and income upward, the evi­dence sug­gests the answer is the GOP. The most obvi­ous way that Repub­li­cans have robbed from the mid­dle to give to the rich has been the changes they wrought in the tax code — reduc­ing income taxes for the wealthy in the Rea­gan and George W. Bush tax cuts, and cut­ting the tax rate on cap­i­tal gains to less than half the rate on the top income of upper-middle-class employees…The less widely under­stood way that Repub­li­cans have helped redis­trib­ute wealth to the already wealthy is by chang­ing the rules…Indeed, the United State­s has expe­ri­enced an upward redis­tri­b­u­tion so pro­found that it affects far more than incomes. Whole sec­tors of the econ­omy and regions of the coun­try have been dec­i­mated by these eco­nomic changes. The descent in all man­ner of social indexes is most appar­ent among poorly edu­cated whites… Many Democ­rats have been com­plicit in this calamity by their indif­fer­ence to the con­se­quences of dereg­u­la­tion and trade. But the tro­phy for pro­mot­ing the poli­cies that have redis­trib­uted wealth, fam­ily sta­bil­ity and longevity upward goes to the Repub­li­cans, whose standard-bearers are cham­pi­oning even more rad­i­cal ver­sions of these policies today… Redistributing wealth upward by Harold Meyerson, Washington Post, September 25, 2012 

The Biggest “Takers” and Societal Parasites Are the Rich, Not the Working Class and Poor by Paul Buchheit, Buzzflash at Truthout, May 13, 2013

The Shocking Redistribution of Wealth in the Past Five Years by Paul Buchheit, Common Dreams, December 30, 2013

Economic justice – race

…The racial economic gap — also present in other measures of economic well-being, such as wage and unemployment gaps — has persisted over time in the United States… What Do We Really Know About Racial Inequality? Labor Markets, Politics, and the Historical Basis of Black Economic Fortunes By Cynthia Thaler

Capitalism

… Capitalism — the logic of subordinating every aspect of life to the accumulation of profit (i.e. the “rules of the market”) — has become today’s “common sense.” …What sustains the tragic myth that There Is No Alternative? Those committed to building a more just future must begin re-thinking and revealing the taken-for-granted assumptions that make capitalism “common sense,” and bring these into the realm of mainstream public debate in order to widen horizons of possibility… Reclaiming Our Imaginations from ‘There Is No Alternative’ by Andrea Brower

“The Dumbest Idea in the World”: Corporate America’s False — and Dangerous — Ideology of Shareholder Value by Lynn Stout

Corporate Espionage and the Secret War Against Citizen Activism

Conservative Fantasies About the Miracles of the Market 

Corporate Power

…It’s not the powerless who corrupt democracies… it’s the powerful who corrupt democracies. And money is the source of that power…America’s fiscal problems are a direct result of the Billionaire Class working behind the scenes of our democracy and syphoning off massive amounts of wealth for themselves while paying lower taxes than they’ve paid in a half-century… How the Billionaires Class Is Destroying Democracy By Thom Hartmann and Sam Sacks 

“The corporate-policy network is highly centralized, at both the level of individuals and that of organizations. Its inner circle is a tightly interwoven ensemble of politically active business leaders…” William K. Carroll and Jean Philippe SapinskiMeet the Elite Business and Think-Tank Community That’s Doing Its Best to Control the World, By Andrew Gavin Marshall posted on Alternet.org June 19, 2013  

The Big Picture: A 40-Year Scan of the Right-Wing Corporate Takeover of America

Corporate social responsibility

….As consumers, employees and entrepreneurs, Millennials are shifting the norms of corporate America’s conduct, ethical imperatives and purpose…are more conscientious consumers than their predecessors, demanding greater honesty and accountability from businesses…A new generation of employees, consumers and entrepreneurs is stepping forward with a better way of doing business — putting its bets on the goodness of people rather than loading the dice in its own favor. Millennials to business: Social responsibility isn’t optional By Michelle Nunn

Economic justice – labor

… Money and budget deficits are the pretext for a larger battle to attack government and break public-sector unions for political reasons… What is really going on here is an effort by corporations and the GOP to dismantle one of the few remaining institutions in America that defy their power… Unions represented what John Kenneth Galbraith called a “countervailing power” on corporations…. Attacking unions: It’s not about the money, it’s about power By David Schultz, MinnPost.com

… the share of America’s work­force that’s union­ized hit a 97-year low…It’s a vicious cycle: as unions decline, fewer people see their fates as bound up with unions, which just accelerates the decline …when unions are stronger the economy as a whole does better… unions lift wages for non-union members too by creat­ing a higher prevailing wage…The weakness of labor is everyone’s problem — and its revival everyone’s opportunity. The Decline of Unions Is Your Problem Too By Eric Liu

Middle class

The Middle Class Faces Extinction—So Does the American Dream by Stewart Lansley, Los Angeles Review of Books, Alternet.org,  June 3, 2013

Big Lie: America Doesn’t Have #1 Richest Middle-Class in the World…We’re Ranked 27th! by Les Leopold

Biblical Capitalism

… ”Biblical Capitalism” or the belief that unregulated capitalism is biblically mandated. The Religious Right is well known for its regressive social activism, but less publicized is the role it has played in the war against progressive economic policy, labor unions, the regulatory structure and social safety net. The sacralizing of laissez-faire capitalism predates the Tea Party movement and has been a major theme of fundamentalist textbooks for more than three decades…American fundamentalism … was encouraged by some business leaders as a counter to the social gospel….Biblical Capitalism – The Religious Right’s War on Progressive Economic Policy by Rachel Tabachnick, Talk2action.org, Feb 01, 2011

 Prosperity Christianity, or what some call “health and wealth” religion…is the adoption of the logic of free enterprise and branding as a way of understanding, experiencing, and proselytizing Christian religious values.…. A focus on “free” enterprise—meaning (in part) an opposition to organized labor, state intervention, and public resources—made Christian enterprise compatible with conservative, anticommunist ideologies and the ideology of whiteness.… As a set of religious teachings and training, the theology is centered on the notion that God provides material wealth—prosperity—for those individuals he favors… the teaching that believers have a right to the blessings of health and wealth and that they can obtain these blessings through positive confessions of faith and the ‘sowing of seeds’ through the faithful payments of tithes and offerings.….a prioritizing of individualism, a privileging of the free market, a distrust in the state… How Christianity Became a Lucrative Brand By Sarah Banet-Weiser, New York Press, posted on Alternet.org, December 17, 2012

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