The threat of bigness

You hear a lot of people claiming that a major transformation in the American ideological landscape is underway. Gallup has just published new data suggesting that the shifts are modest, and this country remains pretty conservative. Specifically, over half—55%—of Americans view big government as the gravest threat to the USA, compared with 32% seeing big business as the ogre. Big labor comes in dead last, at 10%. Here’s the historical view: Note that at the peak of the Clinton boom, fear of government had a 40-point lead; that’s since narrowed to a mere… Read More

Nationalize the banks?

[This is an edited version of my remarks delivered on the panel, ”Nationalize the Banks! What Does it Really Mean?,” organized by the Socialist Register, at the Left Forum, New York City, April 19, 2009.] The title of our session reminds me of that glorious week in Seattle back in December 1999. At that time, and for a little while afterwards, it seemed like a new movement had been born, and there was some real potential for transforming, or even overthrowing, capitalism. One of my favorite chants of that moment of carnival came… Read More