economy

What’s Wrong With Inequality – the word?

Ban inequality – the word, the naked word, from our political rhetoric. Inequality is everywhere around us in the media sphere as well as in our day-to-day conversations. Amongst progressive folk one can drop the word like an F bomb and summon up agreeable outrage in one’s interlocutors without saying --->> read more -->>
economy

Video Post: The Monopolization of the Economy and Zephyr Teachout’s “Break’Em Up”

An introduction to monopolies and book review of Zephyr Teachout’s new book Break’Em Up: recovering our freedom from big ag, big tech, and big money, All Points Books, 2020. What are monopolies? How monopolized (concentrated) is the US economy Examples of how monopolization works and its effects The history of --->> read more -->>
economy

“How Structural Racism Works” – Tricia Rose and Samuel Rosen – recently noted

If you are struggling to get your head around how racism works you will probably find it helpful to have a general framework as a guide. This one hour lecture from 2017 features an overview by Brown University Professor Tricia Rose of the structure of racism and how it works --->> read more -->>
No Picture
books

Tightrope – Americans reaching for hope by Kristof and WuDunn – book review

Kristof and WuDunn’s book, Tightrope – Americans Reaching for Hope, spent some weeks on bestseller lists. Kristof is a well known reporter and writer for the NYTimes. It centers around the town of Yamhill OR and the people that Kristof grew up among. The stories of industrial decline, increasing inequality, --->> read more -->>
economy

Recently Noted – “Across America, working-class people are dying of despair”

“Who Killed the Knapp Family?” by Nicholas Kristof and Sheryl Wudunn appeared in the Sunday 1/12/2020 NYTimes. This essay which is adapted from a newly published book by the same authors, Tightrope: Americans Reaching for Hope, explores the grim reality of life in one small corner of America, Yamhill, OR --->> read more -->>
economy

Real Estate Development – a local story –

We generally don’t report or comment on local affairs here at AmericanDelusions. But, the craziness of real estate development in Greenport, the town that surrounds our hometown of Hudson, illustrates a downside of our market centered economy working in an environment where whatever the market wants it gets. The Greenport Planning --->> read more -->>
The Monopolization of America video by Robert Reich
economy

Recently Noted – Robert Reich on breaking up Big Tech – a limited view

Robert Reich is continuing his series of brief YouTube videos on progressive view of the economy. This is a good introduction to the arguments for re-invigorating our protections against monopolies. However, the problem is much more widespread than just the high tech industry. We’ve written about this broader phenomenon in --->> read more -->>
Facebook logo
economy

Monopoly and Facebook – as told by Facebook’s co-founder

The May 9th NYTimes has an Op-Ed essay, It’s Time to Break Up Facebook, by Chris Hughes, the co-founder of Facebook, calling on the government to break up that company. The essay is very thorough in describing the current monopoly behavior of Facebook, the deleterious effects on competition and vigor in --->> read more -->>