PHILIP KOTLER – This country badly needs serious and comprehensive tax reform but it is not likely to get it. The Republicans couldn’t get health reform or immigration reform and they are not likely to get tax reform. Their bills are always flawed by insisting on proposals without Democratic participation. Although the Republicans have a … Continue reading The Nightmare of Tax Reform
BY PHILIP KOTLER and CHRISTIAN SARKAR “If you are silent at a moment like this, if you do not condemn the racism you see through whatever channels and avenues you have, you can leave church now because you’re doing church wrong,” – Robert Wright Lee, IV, minister and descendant of General Robert E. Lee The tragic … Continue reading How did we get to Charlottesville?
[Or: How I Learned to Stop Worrying and Love the Global Imperial Plutocratic/Kleptocratic Brave New Fantasyworld of Vladimir Putin and Donald Trump] BY SCOTT DEWEY – As long as humans worship the trappings and display of power and wealth—as with celebrity, political power, military power, economic power—and they obviously do—there can be no democracy; democracy cannot … Continue reading Why We Worship False Idols, Always Have, And Always Will
BY PHILIP KOTLER The US has been downgraded in The Economist’s Democracy Index. It is now in the “flawed democracy” category. What is most disturbing is the President Trump’s attack on the idea of America. America is an idea, not simply a country. This is not an accident. What we see with Trump is a systematic targeting of all the institutions and … Continue reading The ‘Terrorist’ in the White House
BY PHILIP KOTLER & CHRISTIAN SARKAR – As President-Elect Trump and his “Corporate Cabinet” take over Washington – the American public will witness radical changes taking place in our institutions, policies, and regulations. These changes might undermine America’s position as the world’s leader over the past century. The billionaires and generals who make up Trump’s cabinet bring … Continue reading Are We Kissing Democracy Goodbye?
BY RALPH NADER – Even for a failed gambling czar, Donald Trump has been surprisingly quick to show his hand as he sets the course of his forthcoming presidency. With a reactionary fervor, he is bursting backwards into the future. He has accomplished this feat through the first wave of nominations to his Cabinet and … Continue reading Trump Trumpets His Real Plans
By ROBERT WEISSMAN “Trump has converted the GOP into a populist working-class party,” Trump advisor and far-right economist Stephen Moore told Republican members of Congress at a caucus meeting. Well, advisor Moore, meet the Trump transition team. The leader of the would-be populist working-class party has invited rogues’ gallery of insiders—corporate lawyers, investment fund managers, … Continue reading What Populism? Trump’s America Is Party Time for the Corporate Elite
BY PHILIP KOTLER If We Face a Jobless World, What Can We do About it? A depressing thought: U.S. citizens are facing the prospect of slower economic growth for the next 10 or 20 years. Instead of returning to the 3.5% growth rate of the post war period, GDP, at best might grow at only … Continue reading Are We Facing a Jobless World?
Our founding fathers raised this same question! They didn’t want a Monarchy. But they also didn’t want a Mobocracy. John Adams, our second president, distrusted the masses and defended inequality among men and advocated a government by an Aristocracy based on birth, education, and wealth. Read Philip Kotler‘s article in Huffington Post >>
Philip Kotler’s upcoming book – Democracy in Decline: Rebuilding its Future describes 14 symptoms of a sick democracy: #1. Voter Literacy & Turnout #2. Quality of Political Leadership #3. Exceptionalism #4. Public Trust #5. Gridlock #6. Money in Politics #7. Gerrymandering #8. Extremist Primaries #9. The President vs. Congress #10. Federal vs. State Governments #11. Supreme Court vs. … Continue reading Democracy in Decline: An Interview with Phil Kotler
BY MARK BLESSINGTON I long for a reemergence of an FDR-like era. FDR was a no compromise Democrat. He was even willing to take on the Supreme Court. It happened before, and it can happen again, if we push hard enough. I’m not ready to give up on the USA yet. For me, Hillary Clinton represents giving up … Continue reading No-Compromise: Why We (The People) Can’t Take It Anymore
BY SUHAIB RIAZ, University of Massachusetts Boston; Sean Buchanan, University of Manitoba, and Trish Ruebottom, Brock University Reforming Wall Street has become a key issue in the ongoing presidential primaries. Bernie Sanders in particular has used his rival’s close ties to the financial industry, including speaking fees and political donations, to suggest Hillary Clinton wouldn’t … Continue reading Why is it so difficult to rein in Wall Street?
I call this the Era of Compromise Democrats. From an economic perspective, the last Democrat to really fight for the people was Franklin D. Roosevelt. He was even brave enough to stand up to the Supreme Court. While President Obama immediately spoke out against Citizens United in 2010, he did nothing to directly oppose it. While many think … Continue reading The Sad Legacy of Compromise Democrats
BY J RICHARD HARVEY, JR., Villanova School of Law – Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of these views are not well informed. For example, most news reports cite … Continue reading What’s driving the surge of corporate inversions?
Phil Kotler’s latest article in FORTUNE asks us to ask more questions. In the last Republican TV debate, Wall Street Journal editor-in-chief, Gerald Baker, put the following question to presidential candidate Rand Paul: “Income inequality has been rising in the United States. Fifty years ago, for example, the average CEO of a big corporation in this country earned … Continue reading FORTUNE: What the Presidential Candidates Are Failing to Address About CEO Pay
The Econ4 network of teachers, professors, practitioners, students and others are working to shift how economics is understood, taught and practiced. We’re now launching a video contest to crowdsource as many short, 3 minute videos about “Greed” as possible. We will distribute many of these across our network and beyond. The contest is patterned after the … Continue reading CALL FOR ENTRIES: Greed! A Video Contest from Econ4
Richard Gunther, Ohio State University On November 3, Ohio voters approved by a margin of 71% to 29% a constitutional amendment that will greatly reduce, or even eliminate, the gerrymandering of state legislative districts beginning in 2021. Ratification of Issue 1 by the voters followed its approval by bipartisan votes of 28-1 in the Ohio … Continue reading Ohio strikes blow against gerrymandering