Pope Francis has challenged market economics to address the human cost of profit-making, especially global warming’s threat to the future of the planet. But opponents of government regulation are set to spin whatever criticism the Pope delivers during his U.S. trip,…
Tag: free market
Nature of Self-Defeating Convictions
Real Plans for Putting People to Work
Ironically, just as government-spurred technology opened up prospects of greater wealth for all, an anti-government movement took hold, making sure most benefits went to the rich while leaving millions unemployed and the economy a wreck. Michael Winship lists ideas for…
How Greed Destroys America
Exclusive: New studies show that America’s corporate chieftains are living like kings while the middle class stagnates and shrivels. Yet, the Tea Party and other anti-tax forces remain determined to protect the historically low tax rates of the rich and…
Spain’s Tahrir Square
Angered by “free-market” policies that have created high unemployment and are now forcing government spending cuts, tens of thousands of Spaniards are occupying central squares in Madrid and other cities in a challenge to the country’s economic elites, as Pablo…
Leaving a Church of Free-Market Miracles
A significant part of the U.S. population is stuck in angry denial, unwilling to acknowledge scientific realities (like global warming), embracing fictions (like Barack Obama’s Kenyan birth), and refusing to acknowledge America’s diminished situation (like the crumbling infrastructure of roads…