What Middle Class?

In recent memory at least, Americans have been uncomfortable with the idea of class.  That somehow has caused a retreat to the middle.  In the context of the myth of universal opportunity for mobility through achievement, it’s almost like Garrison Keeler’s Lake Woebegone, where “all the children are above average.”  The “lower class” is not … More What Middle Class?

What It Will Take: Living in a World We Made But Never Expected to See, Part III

The economics profession provides the ideology, the corporations fund the politicians and their lobbyists write the legislation, the congress formalizes the legal cover and the stacked courts confirm it, the Federal Reserve provides the “fractional reserve” lending authority, and the Wall Street “Masters of the Universe” direct capital to drive the endless-growth economy that is … More What It Will Take: Living in a World We Made But Never Expected to See, Part III