The Disaffected Lib: Stiglitz Throws Down the Gauntlet to America’s President-Elect

Donald Trump has promised to “make America great again.” That was his whole schtick and he rode it to an upset win over the odds-on favourite, Hillary Clinton. Unfortunately Trump was feeding his Gullibillies a diet rich in horseshit. Now that they’re used to the taste he has to deliver. How to make America great ...

The Disaffected Lib: We’re All Neoliberals Now. Let’s Change That.

One thing that struck home during our extended election campaign was how our mainstream political parties have become deeply invested in neoliberalism. While it has several descriptions, reflective of its insidious vagueness, neoliberalism is the merger of political and economic ideology most often called “free market fundamentalism.” It is a sort of merger of political ...

The Disaffected Lib: A Couple of Thoughts About the Precariat.

We should all read Brian Stewart’s essay yesterday on “the rise of the precariat.” Everything he reports has been thoroughly analyzed and disclosed over the past few years. Most of us with 30-something children know the losing struggle that many of them face – lousy jobs, lousy pay, dubious benefits, little if any security.  They ...

The Disaffected Lib: Weak Economy? ‘They’ Wouldn’t Have It Any Other Way.

Take it from Joe.  Nobel laureate economist Joe Stiglitz to be precise. The near-global stagnation witnessed in 2014 is man-made. It is the result of politics and policies in several major economies — politics and policies that choked off demand. In the absence of demand, investment and jobs will fail to materialize. It is that ...

CuriosityCat: The Trans-Pacific Partnership trade treaty: Evil fruit from Secret talks

It is worth reading the article by Joseph Stiglitz on the problems posed by the Trans-Pacific Partnership trade treaty. Our government is one of those negotiating in confidence a treaty that will substantially effect the livelihood of all Canadians. Stiglitz highlights the problems posed for democracies by the one-sided secrecy rules – citizens are kept ...

The Disaffected Lib: Stiglitz Casts the Bones and Reads the Entrails of Detroit,

Nobel laureate economist Joe Stiglitz argues that it’s vital not to get misled about the real significance of the bankruptcy of Detroit. Detroit’s most serious problems are confined to the city limits. Elsewhere in the metropolitan area, there is ample economic activity. In suburbs like Bloomfield Hills, Mich., the median household income is more than ...

The Disaffected Lib: After the Fiscal Cliff – The Joe Stiglitz Recipe for American Recovery

In a recent op-ed in The Guardian, Nobel laureate economist Joe Stiglitz lays out his recipe for America’s economic rehabilitation. “...here is what Americans should hope for: a strong “jobs” bill – based on investments in education, health care, technology, and infrastructure – that would stimulate the economy, restore growth, reduce unemployment, and generate tax ...

The Disaffected Lib: Mitt Romney – Class Warrior

Mitt Romney wouldn’t be the first really rich man to enter the White House.   But, as Robert Reich points out, he’d certainly be a lot different. America has had hugely wealthy presidents before — think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe’s fortune. But ...

The Disaffected Lib: For Liberals, the Way Forward is the Way Back

If the Liberals are ever coming back, and that’s a lot more iffy than many of them want to admit, it will be under a leader determined to reverse the party’s corrosive slide to the right.   That would mean a leader willing to take up the cause of malignant inequality – of wealth, of income, ...