Thursday, September 29, 2011

Sunday, September 25, 2011

Roy Zimmerman, musician

"Socialist!" by Roy Zimmerman
http://www.youtube.com/watch?v=CMLgEnDGkG4

"Vote Republican" by Roy Zimmerman
http://www.youtube.com/watch?v=Ege_RBhh37A

... and many more very funny songs at YouTube.

His website: http://www.royzimmerman.com/

Wednesday, September 14, 2011

Stein, Pivotal Decade: How the United States Traded Factories for Finance in the Seventies (2010)

Judith Stein.
Pivotal Decade: How the United States Traded Factories for Finance in the Seventies.
New Haven, Connecticut: Yale University Press, 2010.

Book Information: Publisher; Google Books; Amazon.com.

Author Information:Video:
Another book that covers similar ground as Pivotal Decade but which has far more detail on the economic factors that caused the political changes since the 1970s is:
Thomas Ferguson & Joel Rogers. Right Turn: The Decline of the Democrats and the Future of American Politics. New York: Hill & Wang, 1986.
[Publisher; Google Books; Amazon.com.]
My post on Right Turn is here.

Book Reviews:Other Book Reviews:
(mostly in academic journals, not completely readable online for free, require a subscription or access through an institution)
  • Ruth Milkman, "Commentary on Judith Stein's Pivotal Decade," The Journal of The Historical Society, Volume 11, Issue 3, pages 287–292, September 2011.
  • Peter Temin, Review, Journal of Interdisciplinary History, Volume 42, Number 2, Autumn 2011, pp. 315-316.
  • Kim Phillips-Fein, "Decisive Decade: Re-evaluating the Seventies," Dissent, Volume 58, Number 1, Winter 2011, pp. 90-94.
    A review of Stein's Pivotal Decade: How the United States Traded Factories for Finance in the 1970s, Cowie's Stayin' Alive: The 1970s and the Last Days of the Working Class, and Kalman's Right Star Rising: A New Politics, 1974-1980.
  • Craig Phelan et al., "Labor History symposium: Judith Stein, Pivotal Decade," Labor History, Volume 52, Issue 3, 2011, pages 323-346.
  • Charles L. Ponce de Leon, "How Pivotal Were the Seventies?," Reviews in American History, Volume 40, Number 1, March 2012, pp. 128-138.
    A review of Stein's Pivotal Decade: How the United States Traded Factories for Finance in the 1970s and Cowie's Stayin' Alive: The 1970s and the Last Days of the Working Class.
  • David Farber, Review, American Historical Review, Volume 117, Number 2, April 2012, pp. 563-564.

Book cover photo: Line at a gas station, 15 June 1979.

Curtis, "The Curse of TINA"

Adam Curtis, "The Curse of TINA," The Medium and the Message, 13 September 2011.

Curtis laments the absence of new ideas during the current economic crisis and identifies one reason for that lack in the ascendency of "think tanks." He examines the origins of "think tanks," focusing on the UK's Institute of Economic Affairs, and demonstrates that they are basically public relations fronts for the status quo. Curtis's argument is based on the UK experience, but his observations apply equally to the U.S., e.g., American Enterprise Institute; Cato Institute. See Curtis's film The Century of the Self (2002) which describes the rise of Public Relations in the U.S. On the rise of technocratic government see his films The Trap (2007) and All Watched Over by Machines of Loving Grace (2011). The "TINA" of the title refers to the status quo / right wing / libertarian / laissez-faire / neoliberal bludgeon that "There Is No Alternative" which has been widely accepted in the post-Cold War era.

I find Curtis's excerpts from his film The League of Gentlemen (one of six in his Pandora's Box series (1992)) especially interesting: he recounts the UK's adoption of Monetarism policy during the Thatcher period which resulted in massive unemployment, factory closures, etc. in an effort to control inflation. The identical policies, instigated by Paul Volker, were implemented in the U.S. beginning in 1979-1980 during the last years of the Carter administration and throughout the Reagan administration. The behind-the-scenes blundering that led to this policy change in the U.S. is described by Judith Stein in Pivotal Decade: How the United States Traded Factories for Finance in the Seventies (New Haven: Yale University Press, 2010) [publisher; Google Books; Amazon.com].

Friday, September 09, 2011

Curtis, The Trap: What Happened to Our Dream of Freedom (2007)

Adam Curtis.
The Trap: What Happened to Our Dream of Freedom.
BBC, 2007.

Part One : F**k You Buddy (watch it at: Google Video; Archive.org)

[Don't let the title of Part One deter you from watching it; the title refers to a strategy in Game Theory. The application of mathematical Game Theory (and other similarly simplistic, reductive, and highly abstract analytical tools) to human societies is a major theme of The Trap (and also of Curtis's most recent film All Watched Over by Machines of Loving Grace). Another major theme, most directly addressed in Part Three, involves the ideas of Positive liberty and Negative liberty.]

Part Two : The Lonely Robot (watch it at: Google Video; Archive.org)

Part Three : We Will Force You To Be Free (watch it at: Google Video; Archive.org)

Links:

Thursday, September 08, 2011

Chomsky, Understanding Power (2002)

Noam Chomsky.
Understanding Power: The Indispensable Chomsky.
Peter R. Mitchell and John Schoeffel, editors.
New York: The New Press, 2002.

Book information: publisher; Google Books; Amazon.com.

This book offers an excellent introduction to Chomsky's political analysis. It consists of very readable edited transcriptions of Chomsky talks / discussions / interviews conducted from the late 1980s through the late 1990s. The editors have provided a very useful resource in their extremely detailed notes available at www.UnderstandingPower.com.

Wednesday, September 07, 2011

Keen, "A much more nebulous conception"

Steve Keen, "'A much more nebulous conception'," Steve Keen's Debtwatch, 04 September 2011.

Keen explains the fundamental role that change in debt plays in the macro economy, a fact that is ignored in neoclassical economics ideology, which currently dominates U.S. economic policy.

Note: Steve Keen is the author of Debunking Economics: The Naked Emperor of the Social Sciences (Pluto Press Australia & Zed Books UK, 2001 [Google Books; Amazon.com]). Book website (for the Second Edition, 2011): link.

Tuesday, September 06, 2011

Charles Hugh Smith, "Currency Wars, Trade and the Consuming Crisis of Capitalism"

Charles Hugh Smith, "Currency Wars, Trade and the Consuming Crisis of Capitalism," Of Two Minds, 06 September 2011.

(I first saw an edited version this article at Zero Hedge. And don't overlook this explanation for the Swiss devaluation.)

Some other, related articles:

Charles Hugh Smith, "Marx, Labor's Dwindling Share of the Economy and the Crisis of Advanced Capitalism," Of Two Minds, 31 August 2011.

Robert Gordon, "The Wages of Destroying Labor Bargaining Power: Nearly 30% of Job Losses Due to Management Cutting Pie in Favor of Capital," Naked Capitalism, 28 August 2011.

Monday, September 05, 2011

Smith, "The Decline of Manufacturing in America: A Case Study"

Yves Smith, The Decline of Manufacturing in America: A Case Study, Naked Capitalism, 05 September 2011.
There are also many insightful comments accompanying the article.

Note: Yves Smith is the author of ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism. New York: Palgrave Macmillan, March 2010. [Publisher; Google Books; Amazon.com.]
Read it if you want to understand the origins of the USA's current economic problems.