Articles/News

Why Programs Fail Richard Levins from Monthly Review

Richard Levins (humaneco@hsph.harvard.edu) is a third generation subversive, an ex-farmer, ecologist, and veteran of the Puerto Rican independence movement, Science for the People, anti-war, Marxist education, and other good causes. He teaches Human Ecology at the Harvard School of Public Health and is an adjunct foreign researcher at the Cuban Institute of Ecology and Systematics. This article is based on a lecture to the South Asian Student Association at the Harvard School of Public Health, May 7, 2009.

The U.S. Economy and China: Capitalism, Class, and Crisis Martin Hart-Landsberg

Martin Hart-Landsberg (marty@lclark.edu) teaches economics at Lewis and Clark College, Portland, Oregon, and is the author with Paul Burkett of China and Socialism (Monthly Review Press, 2005).

The Chinese Are Coming! The Chinese Are Coming! Oh My! By Yeva Nersisyan and L. Randall Wray

One of the scare tactics in the toolbox of the deficit hawks is the argument that Chinese ownership of U.S. government bonds is dangerous, economically and politically. Portraying the government as a currency user akin to households, they argue that after reaching some debt to GDP threshold, sovereign governments face difficulties in finding takers for their debt so that they have to pay higher interest rates to compensate holders for higher risk of default.

SOCIAL SECURITY CANNOT GO INSOLVENT by L. RANDALL WRAY UMKC

Ok, here is the dumbest headline the NYTimes has run in recent days: Social Security Payouts to Exceed Revenue This Year

By MARY WILLIAMS WALSH
The system is expected to pay out more in benefits this
year than it receives in payroll taxes, a tipping point
toward insolvency.

http://www.nytimes.com/2010/03/25/business/economy/25social.html?th&emc=th

Truth Has Fallen and Has Taken Liberty With It Good-bye By Paul Craig Roberts

During times of universal deceit, telling the truth becomes a revolutionary act. George Orwell
There was a time when the pen was mightier than the sword. That was a time when people believed in truth and regarded truth as an independent power and not as an auxiliary for government, class, race, ideological, personal, or financial interest.
Today Americans are ruled by propaganda. Americans have little regard for truth, little access to it, and little ability to recognize it.

WORKERS DISLIKE MANAGER INCOMPETENCE EVEN MORE THAN ABUSE, STUDY SUGGESTS by Randy Hodson

COLUMBUS, Ohio - Employees may dislike abusive bosses, but they dislike incompetent, disorganized managers even more. A new study suggests that mismanagement may be the biggest threat to working with dignity.

In a new book, a sociology professor at Ohio State University analyzed more than 100 studies of contemporary workplaces to discover how employees found (or failed to find) dignity - a sense of meaning and fulfillment in their work.

Spitzer/Rosner: “Lehman Scandal: Where’s the Follow Up?” From New Deal 2.0

By Eliot Spitzer, former governor of New York who blogs for Slate.com and guest posts on New Deal 2.0, and Josh Rosner, the managing director of an independent financial services research firm

Geithner and Greenspan do Standup by William K. Black UMKC

By William K. Black

My friends have to put up with my complaints that Brits think Americans are incapable of irony when, in reality, we are world class. Further proof of our preeminence in the irony department comes in the last five days from Geithner and Greenspan. The G2 are locked in a competition for droll humor. Today, in prepared remarks – he didn’t make some impromptu slip – he told Americans that when it comes to financial regulatory reform:

Tell the IMF, the Euro Commision, and the Ratings Agencies to Take a Hike by By L. Randall Wray and Yeva Nersisyan UMKC

ADVICE TO PRESIDENT OBAMA AND PRIME MINISTER BROWN:
In recent days, articles in Der Speigel, the NYTimes, and the AP have all highlighted Neoliberal commentary warning of the dangers of growing budget deficits in the wealthiest nations—specifically in the US and the UK.

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