Labor, Trade, & Finance

60 Second Expert: Obama’s Failures

The progressive dilemma at this time of political crisis is not one of vision. We have identified the key fundamental values needed to construct an alternative to the abundantly discredited neoliberal world older. But on a tactical level we have failed to translate these values into a political program compelling to those most affected by the global financial crisis.

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Lessons of the Obama Debacle

Lessons of the Obama Debacle

The problem with us progressives as this time of crisis is not that we lack an alternative paradigm to pit against the discredited neoliberal paradigm. No, the elements of the alternative based on the values of democracy, justice, equality, and environmental sustainability are there and have been there for sometime, the product of collective intellectual and activist work over the last few decades.

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We Have to Trim the Bloated Pentagon Budget and Use the Cash for a ‘Green Dividend’ to Create Good Jobs

Creating jobs is not easy work. The federal government, challenged at every turn by Republican opposition in Congress, has been unable to push through a second stimulus package focused specifically on jobs. The private sector, which the Tea Partiers see as the motor of the economy, has been sitting on an unprecedented amount of wealth — a record $837 billion in cash — that companies are saving for better investment opportunities.

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Forget the FTA Fix, Just Say No

Forget the FTA Fix, Just Say No

The free trade push has begun again. Both U.S. President Barack Obama and South Korean President Lee Myung-bak are calling for ratification of the U.S.-Korea Free Trade Agreement, which was signed by the two countries’ trade representatives in April 2007 but has yet to be approved by either the U.S. Congress or the South Korean parliament. Aware of how unpopular the agreement remains, President Obama wants the U.S. Congress to delay the approval vote until after the mid-term elections in early November but before the mid-November G-20 meeting in Seoul.

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Cuba: New Corporate Utopia?

Cuba: New Corporate Utopia?

On the list of America’s most-hated leaders, Fidel Castro gets the award for longevity.  Outlasting ten U.S. presidents, from Eisenhower through George W. Bush, Castro has managed to maintain his high ranking for over five decades. Though the 84-year-old ex-president of Cuba is unlikely to drop off the list during his lifetime, the persistent image of Cuba as communist dystopia may be on the verge of changing–that is, if the dreams of American big business come true. 

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2010: Year of the Nini

If Time magazine had any inkling of sense, it would name the Nini the person of the year for 2010. Just what, you might ask, is a Nini? Adopted in Mexico during the crisis, the slang word means a young person who does not work or study.

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Global Solidarity Levy Urgently Needed

Global Solidarity Levy Urgently Needed

When world leaders gather for the Summit on Millennium Development Goals on September 20, the reports and the speeches will be largely predictable. True, there has been some progress made against global poverty. But particularly in Africa, the international community will likely fall far short of meeting the goals by the target year 2015. And even if the goal of reducing the poverty rate by half is achieved, about one billion people will still be living on less than $1.25 a day.

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