Kim Phillips-Fein
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Economic crises get the jeremiads they deserve. More than a hundred years ago, with the labor uprisings of the Lower East Side as a backdrop, Jacob Riis published How the Other Half Lives; the 1930s saw an outpouring of writing chronicling the Depression as a betrayal of American promise; in the early 1960s, Michael Harrington wrote The Other America, an impassioned exposé of poverty in the midst of abundance. Just a few years earlier, John Kenneth Galbraith had deplored the inane commercialism of 1950s America in The Affluent Society. And in the early aughts, Barbara Ehrenreich’s Nickel and Dimed told -
Ordinary words can undergo strange transformations when they are used in politics. Outside of its economic context, the word austerity connotes something stern, bleak, undecorated, pared back to its elements. But the whole concept of cutting government programs during a recession—in other words, precisely when people may need them the most—seems not just strict but […] -
It would surely trouble John Boehner to hear it, but Karl Marx’s old aphorism about history happening the first time as tragedy, the second as farce has rarely applied with as much force as it does to today’s conservative movement. The GOP wave that swept Boehner into the House speakership in November struck pundits as a historic departure, but it’s actually part of the broader half-century conservative revolt against the idea of government. Fifty years ago, when Ronald Reagan was jaunting around the country giving speeches for General Electric, he denounced progressive taxation as tantamount to socialism, while the loyalists