Austerity: The History of a Dangerous Idea


Mark Blyth - 2013
    In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.

The Zinn Reader: Writings on Disobedience and Democracy


Howard Zinn - 1997
    It is rare that a historian of the Left has managed to retain as much credibility while refusing to let his academic mantle change his beautiful writing style from being anything but direct, forthright, and accessible. Whether his subject is war, race, politics, economic justice, or history itself, each of his works serves as a reminder that to embrace one's subjectivity can mean embracing one's humanity, that heart and mind can speak with one voice. Here, in six sections, is the historian's own choice of his shorter essays on some of the most critical problems facing America throughout its history, and today.

In the President's Secret Service: Behind the Scenes with Agents in the Line of Fire and the Presidents They Protect


Ronald Kessler - 2009
    Secret Service, that elite corps of agents who pledge to take a bullet to protect the president and his family. After conducting exclusive interviews with more than one hundred current and former Secret Service agents, bestselling author and award-winning reporter Ronald Kessler reveals their secrets for the first time.Secret Service agents, acting as human surveillance cameras, observe everything that goes on behind the scenes in the president’s inner circle. Kessler reveals what they have seen, providing startling, previously untold stories about the presidents, from John F. Kennedy and Lyndon Johnson to George W. Bush and Barack Obama, as well as about their families, Cabinet officers, and White House aides. Kessler portrays the dangers that agents face and how they carry out their missions–from how they are trained to how they spot and assess potential threats. With fly-on-the-wall perspective, he captures the drama and tension that characterize agents’ lives.In this headline-grabbing book, Kessler discloses assassination attempts that have never before been revealed. He shares inside accounts of past assaults that have put the Secret Service to the test, including a heroic gun battle that took down the would-be assassins of Harry S. Truman, the devastating day that John F. Kennedy was killed in Dallas, and the swift actions that saved Ronald Reagan after he was shot.While Secret Service agents are brave and dedicated, Kessler exposes how Secret Service management in recent years has betrayed its mission by cutting corners, risking the assassination of President Barack Obama, Vice President Joe Biden, and their families. Given the lax standards, “It’s a miracle we have not had a successful assassination,” a current agent says.Since an assassination jeopardizes democracy itself, few agencies are as important as the Secret Service–nor is any other subject as tantalizing as the inner sanctum of the White House. Only tight-lipped Secret Service agents know the real story, and Ronald Kessler is the only journalist to have won their trust.

The Reactionary Mind: Conservatism from Edmund Burke to Donald Trump


Corey Robin - 2017
    Buckley made a confession to Corey Robin. Capitalism is "boring," said the founding father of the American right. "Devoting your life to it," as conservatives do, "is horrifying if only because it's so repetitious. It's like sex." With this unlikely conversation began Robin's decade-long foray into the conservative mind. What is conservatism, and what's truly at stake for its proponents? If capitalism bores them, what excites them?In The Reactionary Mind, Robin traces conservatism back to its roots in the reaction against the French Revolution. He argues that the right was inspired, and is still united, by its hostility to emancipating the lower orders. Some conservatives endorse the free market; others oppose it. Some criticize the state; others celebrate it. Underlying these differences is the impulse to defend power and privilege against movements demanding freedom and equality -- while simultaneously making populist appeals to the masses. Despite their opposition to these movements, conservatives favor a dynamic conception of politics and society -- one that involves self-transformation, violence, and war. They are also highly adaptive to new challenges and circumstances. This partiality to violence and capacity for reinvention have been critical to their success.Written by a highly-regarded, keen observer of the contemporary political scene, The Reactionary Mind ranges widely, from Edmund Burke to Antonin Scalia and Donald Trump, and from John C. Calhoun to Ayn Rand. It advances the notion that all right-wing ideologies, from the eighteenth century through today, are improvisations on a theme: the felt experience of having power, seeing it threatened, and trying to win it back. When its first edition appeared in 2011, The Reactionary Mind set off a fierce debate. It has since been acclaimed as "the book that predicted Trump" (New Yorker) and "one of the more influential political works of the last decade" (Washington Monthly). Now updated to include Trump's election and his first one hundred days in office, The Reactionary Mind is more relevant than ever.

Reaganland: America's Right Turn 1976-1980


Rick Perlstein - 2020
    After chronicling America’s transformation from a center-left to center-right nation for two decades, Rick Perlstein now focuses on the tumultuous life of President Ronald Reagan from 1976–1980. Within the book’s four-year time frame, Perlstein touches on themes of confluence as he discusses the four stories that define American politics up to the age of Trump. There is the rise of a newly aggressive corporate America diligently organizing to turn back the liberal tide: powerful unions, environmentalism, and unprecedentedly suffusing regulation. There is the movement of political mobilized conservative Christians, organizing to reverse the cultural institutionalization of the 1960s insurgencies. Third, there is the war for the Democratic Party, transformed under Jimmy Carter as a vehicle promoting “austerity” and “sacrifice”—a turn that spurs a counter-reaction from liberal forces who go to war with Carter to return the party to its populist New Deal patrimony. And finally, there is the ascendency of Ronald Reagan, considered washed up after his 1976 defeat for the Republican nomination and too old to run for president in any event, who nonetheless dramatically emerges as the heroic embodiment of America’s longing to transcend the 1970s dark storms—from Love Canal to Jonestown, John Wayne Gacy to the hostages in Iran. Hailed as “the chronicler extraordinaire of American conservatism” (Politico), Perlstein explores the complex years of Ronald Reagan’s presidency offering new and timely insights to issues that still remain relevant today.

Idiot America: How Stupidity Became a Virtue in the Land of the Free


Charles P. Pierce - 2008
    Wearing a saddle.... But worse than this was when the proprietor exclaimed to a cheering crowd, “We are taking the dinosaurs back from the evolutionists!” He knew then and there it was time to try and salvage the Land of the Enlightened, buried somewhere in this new Home of the Uninformed.With his razor-sharp wit and erudite reasoning, Pierce delivers a gut-wrenching, side-splitting lament about the glorification of ignorance in the United States, and how a country founded on intellectual curiosity has somehow deteriorated into a nation of simpletons more apt to vote for an American Idol contestant than a presidential candidate.With Idiot America, Pierce's thunderous denunciation is also a secret call to action, as he hopes that somehow, being intelligent will stop being a stigma, and that pinheads will once again be pitied, not celebrated.

Corruption in America: From Benjamin Franklin's Snuff Box to Citizens United


Zephyr Teachout - 2014
    This broad understanding of political corruption--rooted in ideals of civic virtue--was a driving force at the Constitutional Convention.For two centuries the framers' ideas about corruption flourished in the courts, even in the absence of clear rules governing voters, civil officers, and elected officials. Should a law that was passed by a state legislature be overturned because half of its members were bribed? What kinds of lobbying activity were corrupt, and what kinds were legal? When does an implicit promise count as bribery? In the 1970s the U.S. Supreme Court began to narrow the definition of corruption, and the meaning has since changed dramatically. No case makes that clearer than Citizens United.In 2010, one of the most consequential Court decisions in American political history gave wealthy corporations the right to spend unlimited money to influence elections. Justice Anthony Kennedy's majority opinion treated corruption as nothing more than explicit bribery, a narrow conception later echoed by Chief Justice Roberts in deciding McCutcheon v. FEC in 2014. With unlimited spending transforming American politics for the worse, warns Zephyr Teachout, Citizens United and McCutcheon were not just bad law but bad history. If the American experiment in self-government is to have a future, then we must revive the traditional meaning of corruption and embrace an old ideal.

The Future of Freedom: Illiberal Democracy at Home and Abroad


Fareed Zakaria - 2003
    With an easy command of history, philosophy and current affairs, 'The Future of Freedom' calls for a restoration of the balance between liberty and democracy, and shows how liberal democracy has to be made effective and relevant for our time.

The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation for Socialism


Leigh Phillips - 2019
    Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us?An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.

The System: The American Way of Politics at the Breaking Point


Haynes Johnson - 1996
    Taking as an example the Clinton health care reform initiative, the authors show how a policy that aimed to please everyone ended by satisfying no one due to pressure groups, political gamesmanship and the inertia of the American 'system'.

The Tea Party and the Remaking of Republican Conservatism


Theda Skocpol - 2011
    Invoking the Founding Fathers and ridiculing losers who could not pay their mortgages, Santelli called for Tea Party protests. Over the next two years, conservative activists took to the streets and airways, built hundreds of local Tea Party groups, and weighed in with votes and money to help right-wing Republicans win electoral victories in 2010.In this penetrating new study, Harvard University's Theda Skocpol and Vanessa Williamson go beyond images of protesters in Colonial costumes to provide a nuanced portrait of the Tea Party. What they find is sometimes surprising. Drawing on grassroots interviews and visits to local meetings in several regions, they find that older, middle-class Tea Partiers mostly approve of Social Security, Medicare, and generous benefits for military veterans. Their opposition to big government entails reluctance to pay taxes to help people viewed as undeserving freeloaders - including immigrants, lower income earners, and the young. At the national level, Tea Party elites and funders leverage grassroots energy to further longstanding goals such as tax cuts for the wealthy, deregulation of business, and privatization of the very same Social Security and Medicare programs on which many grassroots Tea Partiers depend. Elites and grassroots are nevertheless united in hatred of Barack Obama and determination to push the Republican Party sharply to the right.The Tea Party and the Remaking of Republican Conservatism combines fine-grained portraits of local Tea Party members and chapters with an overarching analysis of the movement's rise, impact, and likely fate.

The Fifth Risk: Undoing Democracy


Michael Lewis - 2018
    Nobody appeared. Across all departments the stories were the same: Trump appointees were few and far between; those who did show up were shockingly uninformed about the functions of their new workplace.Michael Lewis’s brilliant narrative of the Trump administration’s botched presidential transition takes us into the engine rooms of a government under attack by its leaders through willful ignorance and greed. The government manages a vast array of critical services that keep us safe and underpin our lives, from ensuring the safety of our food and medications and predicting extreme weather events to tracking and locating black- market uranium before the terrorists do. The Fifth Risk masterfully and vividly unspools the consequences of what happens when the people given control over our government have no idea how it works.

The Lost History of Liberalism: From Ancient Rome to the Twenty-First Century


Helena Rosenblatt - 2018
    Taking readers from ancient Rome to today, Helena Rosenblatt traces the evolution of the words “liberal” and “liberalism,” revealing the heated debates that have taken place over their meaning.In this timely and provocative book, Rosenblatt debunks the popular myth of liberalism as a uniquely Anglo-American tradition centered on individual rights. She shows that it was the French Revolution that gave birth to liberalism and Germans who transformed it. Only in the mid-twentieth century did the concept become widely known in the United States—and then, as now, its meaning was hotly debated. Liberals were originally moralists at heart. They believed in the power of religion to reform society, emphasized the sanctity of the family, and never spoke of rights without speaking of duties. It was only during the Cold War and America’s growing world hegemony that liberalism was refashioned into an American ideology focused so strongly on individual freedoms.Today, we still can’t seem to agree on liberalism’s meaning. In the United States, a “liberal” is someone who advocates big government, while in France, big government is contrary to “liberalism.” Political debates become befuddled because of semantic and conceptual confusion. The Lost History of Liberalism sets the record straight on a core tenet of today’s political conversation and lays the foundations for a more constructive discussion about the future of liberal democracy.

The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives


Jesse Eisinger - 2017
    The Chickenshit Club—an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs—explains why in “an absorbing financial history, a monumental work of journalism…a first-rate study of the federal bureaucracy” (Bloomberg Businessweek).Jesse Eisigner begins the story in the 1970s, when the government pioneered the notion that top corporate executives, not just seedy crooks, could commit heinous crimes and go to prison. He brings us to trading desks on Wall Street, to corporate boardrooms and the offices of prosecutors and FBI agents. These revealing looks provide context for the evolution of the Justice Department’s approach to pursuing corporate criminals through the early 2000s and into the Justice Department’s approach to pursuing corporate criminals through the early 2000s and into the Justice Department of today, including the prosecutorial fiascos, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives.“Brave and elegant….a fearless reporter…Eisinger’s important and profound book takes no prisoners (The Washington Post). Exposing one of the most important scandals of our time, The Chickenshit Club provides a clear, detailed explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice. “This book is a wakeup call…a chilling read, and a needed one” (NPR.org).

The End Is Near and It's Going to Be Awesome: How Going Broke Will Leave America Richer, Happier, and More Secure


Kevin D. Williamson - 2013
    In The End Is Near and It’s Going to Be Awesome, Kevin Williamson, a National Review Online contributor, makes the bold argument that the United States government is disintegrating—and that it is a good thing!Williamson offers a radical re-envisioning of government, a powerful analysis of why it doesn’t work, and an exploration of the innovative solutions to various social problems that are spontaneously emerging as a result of the failure of politics and government.Critical and compelling, The End Is Near and It’s Going to Be Awesome: How Going Broke Will Leave America Richer, Happier, and More Secure lays out a thoughtful plan for a new system, one based on success stories from around the country, from those who home-school their children to others who have successfully created their own currency.