Now that you know 85 people own more than half the world, here’s what to do about it

January 22, 2014 at 10:51 pm

The media has done a great job covering the 85 people who own more than half the world statistic from the Oxfam report entitled: Working for the Few: Political Capture and Economic Inequality. Media examples herehere, and here.

What I didn’t realize until I read the report was that it has an excellent set of recommendations on how to improve the situation.

Since they’re excellent, the mainstream media seems to have ignored them, and I don’t think Oxfam would mind, here is their series of recommendations.

oxfam-working-for-the-few

The Case for a Working Capitalism

January 8, 2014 at 4:46 pm

I stumbled on the following quote from economist Ha-Joon Chang over the holidays:

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are—a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.

Chang’s quote reminds us of the initial promise of supply-side economics, that a rising tide would lift all boats, and the subsequent failure to deliver.

capitalism_01

It also made me think about one of the most powerful conservative frames: redistribution of wealth.

Chang turns the tables on the typical conservative argument and he gave me an idea how to take things a step further.

Justin Jeffre on Supportive Housing

December 19, 2013 at 7:33 pm

As part of a recent discussion on the Green Party forum about the Alaska Project, Justin Jeffre responded with a particularly well-framed argument in favor of supportive housing.

justin-jeffre

I thought this might be helpful if anyone is calling or writing city council (or anyone else for that matter) in support of the project. It seems particularly relevant in light of resident testimony yesterday claiming that the project would be a “haven” for drug dealers.

Because I’m tired of explaining a conservative health care law to conservatives

December 6, 2013 at 11:30 am

If you haven’t noticed yet, the conservative wedge issue for 2014 is going to be health care.

Democratic Senators like Mary Landrieu have noticed.

mary-landrieu-sm

They simply don’t appear to have much of a strategy to date: 1) apologize for the horrible website, 2) focus on the economy, and 3) keep explaining to conservatives why a conservative solution is not such a bad thing.

If we can’t do better, well before November, expect to lose the Senate.

NHL Gamecenter Sucks

April 12, 2012 at 10:52 pm

This is a little bit off topic from the usual political fare, but NHL Gamecenter is a perfect metaphor for our current economy- a company that rather than provide a quality service, looks to sell you something which sounds good on the surface until you discover the fine print.

The Food Stamp Response: What Dems Said and What They Should Have Said

February 8, 2012 at 12:04 am

By now, you’ve heard the Gingrich line about Obama being the “food stamp” President.

Tuesday in Cincinnati, he repeated the claim:

That’s why I’ve said over and over again that this is the best food stamp President in American history.

Here’s how Democrats responded and here’s how they should have responded.

Systemic Failure in 4 Easy Steps: How to Win a Beer on the Back of a Napkin

November 5, 2011 at 11:57 pm

Here’s a quick and easy way to illustrate systemic failure in capitalism in a bar over drinks.

Before beginning, you may want to place a beer bet with your friend(s). Something like “I bet I can prove to you on the back of this napkin that capitalism needs government.”

Here’s the setup for the scenario:

Two trappers are trapping animals in the wilderness. The trappers have 2 options. They can work hard and trap, or they can poach or steal from their neighbor.

To illustrate, draw a chart similar to the one below on any standard white restaurant napkin:

(Credit to Joseph Heath for the original explanation).

The Most Important Economic Theorem You’ve Never Heard Of

October 14, 2011 at 11:52 am

Have you ever been accused by a conservative of being against “economic freedom”? One of my friends posted this the other day: It’s impossible to be anti-capitalistic and pro-freedom at the same time. If you’re against capitalism, you’re against freedom. My gut reaction was: Really? But before getting into an […]

How to Fight Against Ohio Issue 2 (SB5)

September 17, 2011 at 5:22 pm

The campaign to pass Issue 2 is in full swing in Ohio so I thought I’d review the pro-Issue 2 marketing, what they’re trying to accomplish, and how best to fight against it. Remember, Issue 2 is the issue which limits collective bargaining for state employees such as police, firefighters, […]

Some Recommendations for Those Interested in Ayn Rand

July 24, 2011 at 6:15 pm

When I was 14, I picked up Atlas Shrugged thinking it was a science fiction novel.

My critique at the time was one word: boring. As science fiction, it didn’t measure up to Kurt Vonnegut, Philip K. Dick, Orson Scott Card, or any of the other science fiction I was reading at the time. Even L. Ron Hubbard.

Ayn-Rand

With so many folks referring to Ayn Rand in the news recently and with the new release of Atlas Shrugged, I thought I’d revisit Rand to better understand it.