The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay
Emmanuel Saez - 2019
Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice presents a forensic investigation into this dramatic transformation, written by two economists who revolutionized the study of inequality. Eschewing anecdotes and case studies, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system, based on new statistics covering all taxes paid at all levels of government. Their conclusion? For the first time in more than a century, billionaires now pay lower tax rates than their secretaries.Blending history and cutting-edge economic analysis, and writing in lively and jargon-free prose, Saez and Zucman dissect the deliberate choices (and sins of indecision) that have brought us to today: the gradual exemption of capital owners; the surge of a new tax avoidance industry; and the spiral of tax competition among nations. With clarity and concision, they explain how America turned away from the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few.But The Triumph of Injustice is much more than a laser-sharp analysis of one of the great political and intellectual failures of our time. Saez and Zucman propose a visionary, democratic, and practical reinvention of taxes, outlining reforms that can allow tax justice to triumph in today’s globalized world and democracy to prevail over concentrated wealth.A pioneering companion website allows anyone to evaluate proposals made by the authors, and to develop their own alternative tax reform at taxjusticenow.org.
Fire in the Minds of Men: Origins of the Revolutionary Faith
James H. Billington - 1980
Modern revolutionaries are believers, no less committed and intense than were Christians or Muslims of an earlier era. What is new is the belief that a perfect secular order will emerge from forcible overthrow of traditional authority. This inherently implausible idea energized Europe in the nineteenth century, and became the most pronounced ideological export of the West to the rest of the world in the twentieth century. Billington is interested in revolutionaries--the innovative creators of a new tradition. His historical frame extends from the waning of the French Revolution in the late eighteenth century to the beginnings of the Russian Revolution in the early twentieth century.The theater was Europe of the industrial era; the main stage was the journalistic offices within great cities such as Paris, Berlin, London, and St. Petersburg. Billington claims with considerable evidence that revolutionary ideologies were shaped as much by the occultism and proto-romanticism of Germany as the critical rationalism of the French Enlightenment. The conversion of social theory to political practice was essentially the work of three Russian revolutions: in 1905, March 1917, and November 1917.Events in the outer rim of the European world brought discussions about revolution out of the school rooms and press rooms of Paris and Berlin into the halls of power.Despite his hard realism about the adverse practical consequences of revolutionary dogma, Billington appreciates the identity of its best sponsors, people who preached social justice transcending traditional national, ethnic, and gender boundaries. When this book originally appeared The New Republic hailed it as "remarkable, learned and lively," while The New Yorker noted that Billington "pays great attention to the lives and emotions of individuals and this makes his book absorbing." It is an invaluable work of history and contribution to our understanding of political life.
Secret Affairs: Britain's Collusion with Radical Islam
Mark Curtis - 2010
Exploring how the bombings of 7/7 can be traced back to groups and individuals trained and supported by Britain, Curtis draws on formerly classified government files to unravel a long history of the British government's secret collusion with and direct involvement in Islamic terrorism, from 1945 to the present day.From the overthrow of Iran's popular government during the 1950s and the rise of the Muslim Brotherhood in Syria, to Libya, Kosovo, Afghanistan and Saudi Arabia's ruthless internal oppression, Secret Affairs shows Britain's hidden hand in the rise of global terrorism. At a time when British forces are being sent to wage war in Afghanistan in increasing numbers, Mark Curtis' book shows how the seeds of today's lose-lose situation were sown a long time ago in a hidden politics as ineffective as it was immoral.
Unrivaled: Why America Will Remain the World's Sole Superpower
Michael Beckley - 2018
Now many analysts believe that other countries are rising and the United States is in decline. Is the unipolar moment over? Is America finished as a superpower?In this book, Michael Beckley argues that the United States has unique advantages over other nations that, if used wisely, will allow it to remain the world’s sole superpower throughout this century. We are not living in a transitional, post-Cold War era. Instead, we are in the midst of what he calls the unipolar era—a period as singular and important as any epoch in modern history. This era, Beckley contends, will endure because the US has a much larger economic and military lead over its closest rival, China, than most people think and the best prospects of any nation to amass wealth and power in the decades ahead.Deeply researched and brilliantly argued, this book covers hundreds of years of great power politics and develops new methods for measuring power and predicting the rise and fall of nations. By documenting long-term trends in the global balance of power and explaining their implications for world politics, the book provides guidance for policymakers, businesspeople, and scholars alike.
The Making of Global Capitalism: The Political Economy of American Empire
Leo Panitch - 2012
Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces.In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises.The Making of Global Capitalism, through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.
Reinventing Collapse: The Soviet Example and American Prospects
Dmitry Orlov - 2008
These trends mirror the experience of the Soviet Union in the early 1980s. Reinventing Collapse examines the circumstances of the demise of the Soviet superpower and offers clear insights into how we might prepare for coming events.Rather than focusing on doom and gloom, Reinventing Collapse suggests that there is room for optimism if we focus our efforts on personal and cultural transformation. With characteristic dry humor, Dmitry Orlov identifies three progressive stages of response to the looming crisis:Mitigation—alleviating the impact of the coming upheaval Adaptation—adjusting to the reality of changed conditions Opportunity—flourishing after the collapse He argues that by examining maladaptive parts of our common cultural baggage, we can survive, thrive, and discover more meaningful and fulfilling lives, in spite of steadily deteriorating circumstances.This challenging yet inspiring work is a must-read for anyone concerned about energy, geopolitics, international relations, and life in a post-Peak Oil world.Dmitry Orlov was born in Leningrad and immigrated to the United States at the age of twelve. He was an eyewitness to the Soviet collapse over several extended visits to his Russian homeland between the late eighties and mid-nineties. He is an engineer and a leading Peak Oil theorist whose writing is featured on such sites as www.lifeaftertheoilcrash.net and www.powerswitch.org.uk.
All the Presidents' Bankers: The Hidden Alliances that Drive American Power
Nomi Prins - 2014
She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC.All the Presidents' Bankers sheds new light on pivotal historic events—such as why, after the Panic of 1907, America's dominant bankers convened to fashion the Federal Reserve System; how J. P. Morgan's ambitions motivated President Wilson during World War I; how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt's son yachting; and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II.Prins divulges how, through the Cold War and Vietnam era, presidents and bankers pushed America's superpower status and expansion abroad, while promoting broadly democratic values and social welfare at home. But from the 1970s, Wall Street's rush to secure Middle East oil profits altered the nature of political-financial alliances. Bankers' profit motive trumped heritage and allegiance to public service, while presidents lost control over the economy—as was dramatically evident in the financial crisis of 2008.This unprecedented history of American power illuminates how the same financiers retained their authoritative position through history, swaying presidents regardless of party affiliation. All the Presidents' Bankers explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.
Decision Points
George W. Bush - 2010
Bush describes the critical decisions that shaped his presidency and personal life.George W. Bush served as president of the United States during eight of the most consequential years in American history. The decisions that reached his desk impacted people around the world and defined the times in which we live.Decision Points brings readers inside the Texas governor’s mansion on the night of the 2000 election, aboard Air Force One during the harrowing hours after the attacks of September 11, 2001, into the Situation Room moments before the start of the war in Iraq, and behind the scenes at the White House for many other historic presidential decisions.For the first time, we learn President Bush’s perspective and insights on:His decision to quit drinking and the journey that led him to his Christian faithThe selection of the vice president, secretary of defense, secretary of state, Supreme Court justices, and other key officialsHis relationships with his wife, daughters, and parents, including heartfelt letters between the president and his father on the eve of the Iraq WarHis administration’s counterterrorism programs, including the CIA’s enhanced interrogations and the Terrorist Surveillance ProgramWhy the worst moment of the presidency was hearing accusations that race played a role in the federal government’s response to Hurricane Katrina, and a critical assessment of what he would have done differently during the crisisHis deep concern that Iraq could turn into a defeat costlier than Vietnam, and how he decided to defy public opinion by ordering the troop surgeHis legislative achievements, including tax cuts and reforming education and Medicare, as well as his setbacks, including Social Security and immigration reformThe relationships he forged with other world leaders, including an honest assessment of those he did and didn’t trustWhy the failure to bring Osama bin Laden to justice ranks as his biggest disappointment and why his success in denying the terrorists their fondest wish—attacking America again—is among his proudest achievementsA groundbreaking new brand of presidential memoir, Decision Points will captivate supporters, surprise critics, and change perspectives on eight remarkable years in American history—and on the man at the center of events.
Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
Dean Baker - 2016
In his most recent book, Baker shows that this upward redistribution was not the result of globalization and the natural workings of the market. Rather, it was the result of conscious policies that were designed to put downward pressure on the wages of ordinary workers while protecting and enhancing the incomes of those at the top. Baker explains how rules on trade, patents, copyrights, corporate governance, and macroeconomic policy were rigged to make income flow upward.
Queen of Chaos: The Misadventures of Hillary Clinton
Diana Johnstone - 2015
wars are getting repetitive. Always the same old scenario. The mainstream media alert public opinion to the latest "villain" supposedly threatening to slaughter "his own people." The U.S. does the job instead with its drones and missiles. The new "villain" is soon forgotten, but his country is left in a shambles, with competing fanatics vying to dominate the chaos. Something new is needed. How about a woman War President? Hillary Rodham Clinton has painstakingly groomed herself for the role. Her record as Secretary of State shows that she is fully qualified to be the first woman to be known as the "mother of all drones" or even to launch World War III.
An Ordinary Person's Guide to Empire
Arundhati Roy - 2003
But above all, she aims to remind us that we hold the essence of power and the foundation of genuine democracy—the power of the people to counter their self-appointed leaders’ tyranny.First delivered as fiery speeches to sold-out crowds, together these essays are a call to arms against “the apocalyptic apparatus of the American empire.” Focusing on the disastrous US occupation of Iraq, Roy urges us to recognize—and apply—the scope of our power, exhorting US dockworkers to refuse to load materials war-bound, reservists to reject their call-ups, activists to organize boycotts of Halliburton, and citizens of other nations to collectively resist being deputized as janitor-soldiers to clear away the detritus of the US invasion.Roy’s Guide to Empire also offers us sharp theoretical tools for understanding the New American Empire—a dangerous paradigm, Roy argues here, that is entirely distinct from the imperialism of the British or even the New World Order of George Bush, the elder. She examines how resistance movements build power, using examples of nonviolent organizing in South Africa, India, and the United States. Deftly drawing the thread through ostensibly disconnected issues and arenas, Roy pays particular attention to the parallels between globalization in India, the devastation in Iraq, and the deplorable conditions many African Americans, in particular, must still confront.With Roy as our “guide,” we may not be able to relax from the Sisyphean task of stopping the U.S. juggernaut, but at least we are assured that the struggle for global justice is fortified by Roy’s hard-edged brilliance.
Law of the Jungle: The $19 Billion Legal Battle Over Oil in the Rain Forest and the Lawyer Who'd Stop at Nothing to Win
Paul M. Barrett - 2014
The suit sought reparations for the Ecuadorian peasants and tribes people whose lives were affected by decades of oil production near their villages and fields. During twenty years of legal hostilities in federal courts in Manhattan and remote provincial tribunals in the Ecuadorian jungle, Donziger and Chevron’s lawyers followed fierce no-holds-barred rules. Donziger, a larger-than-life, loud-mouthed showman, proved himself a master orchestrator of the media, Hollywood, and public opinion. He cajoled and coerced Ecuadorian judges on the theory that his noble ends justified any means of persuasion. And in the end, he won an unlikely victory, a $19 billion judgment against Chevon--the biggest environmental damages award in history. But the company refused to surrender or compromise. Instead, Chevron targeted Donziger personally, and its counter-attack revealed damning evidence of his politicking and manipulation of evidence. Suddenly the verdict, and decades of Donziger’s single-minded pursuit of the case, began to unravel. Written with the texture and flair of the best narrative nonfiction, Law of the Jungle is an unputdownable story in which there are countless victims, a vast region of ruined rivers and polluted rainforest, but very few heroes.
In the Graveyard of Empires: America's War in Afghanistan
Seth G. Jones - 2009
Jones watched as American optimism evaporated after the Taliban defeat in 2001; by 2005, a new "war of a thousand cuts" had brought Afghanistan to its knees. Harnessing important new historical research on insurgencies and integrating thousands of declassified government documents, Jones shows how the siphoning of resources to Iraq left U.S. and NATO forces in Afghanistan ineffectual and without support. Through interviews with prominent figures, including ambassador Zalmay Khalilzad and commander Karl Eikenberry, Jones explains how a growing sanctuary for insurgents in Pakistan and a collapsing government in Kabul catalyzed the Taliban resurgence. Examining what has worked thus far—and what hasn't—Jones argues that we must take a radically new approach to the war if the United States is to avoid the disastrous fate that has befallen every world power to enter the region, from Alexander the Great to the Soviet Union.
The Great Reversal: How America Gave Up on Free Markets
Thomas Philippon - 2019
By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth.Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately he reached his surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. Sector after economic sector is more concentrated than it was twenty years ago, dominated by fewer and bigger players who lobby politicians aggressively to protect and expand their profit margins. Across the country, this drives up prices while driving down investment, productivity, growth, and wages, resulting in more inequality. Meanwhile, Europe--long dismissed for competitive sclerosis and weak antitrust--is beating America at its own game.Philippon, one of the world's leading economists, did not expect these conclusions in the age of Silicon Valley start-ups and millennial millionaires. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow him as he works out the basic facts and consequences of industry concentration in the U.S. and Europe, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means for free trade, technology, and innovation. For the sake of ordinary Americans, he concludes, government needs to return to what it once did best: keeping the playing field level for competition. It's time to make American markets great--and free--again.