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Tag Archives: politics

Suppostion? Economic performance is stronger when Democrats hold the White House

It appears people will argue the economic and social positives of the different political parties over periods of time. They probably are different. So, EPI has managed to chart the differences. What the first four charts do is detail the differences between the two parties over two different time periods. One time period staring in 1949 and the next time period in 1981. A contrast in beliefs? Maybe . . . The last two Appendix Charts compare...

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Der Gefesselte Marx

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.1 Karl Marx’s preface to A Contribution to the Critique of Political Economy contains the best-known description of his theory of history. At some point contradiction between the relations of production and the forces of production become fetters on the latter, ushering in a period of social revolution. The traditional interpretation...

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Former Michigan Congressional Representative returns to Michigan after a Decade . . . to run

I lived in Michigan for twenty-something years in the district Mike was our House Representative (8th Congressional District). Mike was mediocre at best and followed the Republican line. Republicans controlled the House and the Senate and the Governorship the majority of the time. Michigan lost approximately 800,000 jobs during that time as well as industry. Since Mike is running for Senator, I will be portraying his past as a Congressional...

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Dean Baker Editorializing on the Economy

Back to my points (AB), we have survived a pandemic, provided for the welfare of the citizenry, and the nation is on its way to better times. The only sticking point being the 2017 tax cut which is leaving the nation with another reoccurring deficit. How quick the influential 1-percenters were to move away from Biden as this was on his list of things to fix. Will a President Kamala make it a priority too? ~~~~~~~~ Back in the 1990s, when...

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A Small Matter of Diversity and Inclusion

After going through a generation (baby-boomers) of supporting equal rights for “all” which includes women (later in the effort), Corporate America (in this case John Deere) is reversing its course. The stance is a “whatever will be, will be” and we will not make an effort to level the playing field. I was working on a cable scaffold about 20 stories up. A 20th floor window opened up and another worker with his canvas bag of tools stepped on the...

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A Maybe Pick for Vice President by Kamala?

Potential Dem VP Pick Comes After JD Vance by Kathryn Rubino Above the Law Well, Joe Biden is out of the 2024 race for president. Dems have seemingly coalesced around Kamala Harris for the top of the ticket, leaving the political speculation to focus on who will be the Democratic Vice President candidate. There are plenty of qualified options out there, each bringing their own pluses and minuses to the equation. One tantalizing option...

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Ambivalence

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.2 Published in 1821, The Source and Remedy of the National Difficulties was a major influence on Marx’s analysis of ‘disposable time.’ In an 1851 notebook, Marx logged a 1000 word summary of the pamphlet. He also discussed it extensively in volume 3 of Theories of Surplus Value. His discussion of disposable time in a section of...

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Should Democrats rally around Harris?

It appears that the democratic nomination contest is wrapped up.  People are voting with their wallets.  Pelosi and Obama at one point appeared to favor some kind of competitive process, but Pelosi has evidently thrown her support behind Harris.  Potential rivals are all standing down. Ezra Klein is still making the case for an abbreviated nomination contest.  His strongest points are that we will learn something about Harris by having her compete...

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A Partial Presentation- Joe Biden’s Legacy

Biden’s legacy: a Summary by Noah Smith – an introduction to Noahpinion Noahpinion Joe Biden announced today that he won’t seek reelection for President. We don’t yet know who will replace him, but we know Biden’s tenure in office will soon end. Now is the perfect time to talk about Biden’s legacy as America’s 46th President. How Presidents are judged by history is a complicated question, and I don’t have much confidence in my ability...

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Inversion

by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.3  Inversion Marx stated repeatedly in the Grundrisse that capital inverts the relationship between necessary and superfluous labour time. Capital both creates disposable time and expropriates it in the form of surplus value, reversing the nature-imposed priority of necessity before superfluity and making the performance of...

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