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 PHILP KOTLER Lobbying describes the effort of lobbyists to influence decisions made by government officials such as legislators, regulators or judges. The term came from the fact that “influence peddlers” would appear in the lobby of legislative buildings to buttonhole legislators and influence their voting on behalf of the legislators’ clients. Most of the … Continue reading Lobbying: The Scourge of Good Government
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
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
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
Corpocracy is the absurd reality of our society in which corporations and their interests are allowed to have dominance over the economic and political systems. Through the subversive imagination, the artist works toward a transformation of social consciousness. WATCH: The show features 13 artists including, Beehive Design Collective, Michael D’Antuono, Ron English, Clark Fox, Kenneth … Continue reading VIDEO: Corpocracy – at the Station Museum of Contemporary Art
Considered one of the world’s most controversial artists, Michael D’Antuono is known for making art that challenges people to think more deeply about sociopolitical issues. His collectors range from Arnold Schwarzenegger to Pete Seeger and his work has received high praise from fellow artists Shepard Fairey and Banksy. What made you decide to dive into this sort of … Continue reading Art & Response: An Interview with Michael D’Antuono
This course is an economic history of what happened to ordinary American people and families from about 1930 to 2010. From the late 1940s to about 1980 ordinary people and families in the United States enjoyed a tremendous increase in their prosperity and quality of life, especially when compared with the conditions that existed during … Continue reading Free Online Class: “The Creation and Destruction of the Great American Middle Class (1930-2010)” with Professor Stanley Stasch
We’ve just begun a partnership with Huffington Post – and we invite you to join us. It’s worth repeating why we’re doing this: Capitalism must evolve to serve the needs of all citizens, not just the very affluent. Our goal is to discuss the 14 Shortcomings of Capitalism and systematically analyze the problems and potential solutions. … Continue reading Our Partnership with Huffington Post – Join Us!
Philip Kotler calls for economic reform in Confronting Capitalism and envisions a kinder, gentler capitalism (to paraphrase President George H.W. Bush). Economic reform is not something the U.S. judicial branch takes kindly too. While Kotler’s book includes 14 shortcomings of capitalism, there is little mention of the judiciary. In my view a fifteenth shortcoming in needed. … Continue reading Judicial Obstruction of Economic Reform
… then I don’t know what is. Monsanto’s U.S. market share is 90% in soybean and 80% in corn seed sales (Dan Mitchell, Fortune). In the same article, Larry Robbins of the Glenview Capital hedge fund goes further and says Monsanto has “perpetual local monopolies.” They tie farmers to contracts for life. The Monsanto case is a perfect illustration of at … Continue reading If 90% Market Share Isn’t a Monopoly …