The Quiet Coup: Neoliberalism and the Looting of America

The Quiet Coup: Neoliberalism and the Looting of America PDF Author: Mehrsa Baradaran
Publisher: W. W. Norton & Company
ISBN: 1324091177
Category : Political Science
Languages : en
Pages : 298

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Book Description
“[A]ccessible and intellectually rich . . . Essential reading to understand the economic state of the nation.” —Kirkus Reviews (starred) The celebrated legal scholar and author of The Color of Money reveals how neoliberals rigged American law, creating widespread distrust, inequality, and injustice. With the nation lurching from one crisis to the next, many Americans believe that something fundamental has gone wrong. Why aren’t college graduates able to achieve financial security? Why is government completely inept in the face of natural disasters? And why do pundits tell us that the economy is strong even though the majority of Americans can barely make ends meet? In The Quiet Coup, Mehrsa Baradaran, one of our leading public intellectuals, argues that the system is in fact rigged toward the powerful, though it wasn’t the work of evil puppet masters behind the curtain. Rather, the rigging was carried out by hundreds of (mostly) law-abiding lawyers, judges, regulators, policy makers, and lobbyists. Adherents of a market-centered doctrine called neoliberalism, these individuals, over the course of decades, worked to transform the nation—and succeeded. They did so by changing the law in unseen ways. Tracing this largely unknown history from the late 1960s to the present, Baradaran demonstrates that far from yielding fewer laws and regulations, neoliberalism has in fact always meant more—and more complex—laws. Those laws have uniformly benefited the wealthy. From the work of a young Alan Greenspan in creating "Black Capitalism," to Supreme Court Justice Lewis Powell’s efforts to unshackle big money donors, to the establishment of the "Law and Economics" approach to legal interpretation—in which judges render opinions based on the principles of right-wing economics—Baradaran narrates the key moments in the slow-moving coup that was, and is, neoliberalism. Shifting our focus away from presidents and national policy, she tells the story of how this nation’s?laws?came to favor the few against the many, threatening the integrity of the market and the state. Some have claimed that the neoliberal era is behind us. Baradaran shows that such thinking is misguided. Neoliberalism is a failed economic idea—it doesn’t, in fact, create more wealth or more freedom. But it has been successful nevertheless, by seizing the courts and enabling our age of crypto fraud, financial instability, and accelerating inequality. An original account of the forces that have brought us to this dangerous moment in American history, The Quiet Coup reshapes our understanding of the recent past and lights a path toward a better future.

The Quiet Coup: Neoliberalism and the Looting of America

The Quiet Coup: Neoliberalism and the Looting of America PDF Author: Mehrsa Baradaran
Publisher: W. W. Norton & Company
ISBN: 1324091177
Category : Political Science
Languages : en
Pages : 298

Get Book Here

Book Description
“[A]ccessible and intellectually rich . . . Essential reading to understand the economic state of the nation.” —Kirkus Reviews (starred) The celebrated legal scholar and author of The Color of Money reveals how neoliberals rigged American law, creating widespread distrust, inequality, and injustice. With the nation lurching from one crisis to the next, many Americans believe that something fundamental has gone wrong. Why aren’t college graduates able to achieve financial security? Why is government completely inept in the face of natural disasters? And why do pundits tell us that the economy is strong even though the majority of Americans can barely make ends meet? In The Quiet Coup, Mehrsa Baradaran, one of our leading public intellectuals, argues that the system is in fact rigged toward the powerful, though it wasn’t the work of evil puppet masters behind the curtain. Rather, the rigging was carried out by hundreds of (mostly) law-abiding lawyers, judges, regulators, policy makers, and lobbyists. Adherents of a market-centered doctrine called neoliberalism, these individuals, over the course of decades, worked to transform the nation—and succeeded. They did so by changing the law in unseen ways. Tracing this largely unknown history from the late 1960s to the present, Baradaran demonstrates that far from yielding fewer laws and regulations, neoliberalism has in fact always meant more—and more complex—laws. Those laws have uniformly benefited the wealthy. From the work of a young Alan Greenspan in creating "Black Capitalism," to Supreme Court Justice Lewis Powell’s efforts to unshackle big money donors, to the establishment of the "Law and Economics" approach to legal interpretation—in which judges render opinions based on the principles of right-wing economics—Baradaran narrates the key moments in the slow-moving coup that was, and is, neoliberalism. Shifting our focus away from presidents and national policy, she tells the story of how this nation’s?laws?came to favor the few against the many, threatening the integrity of the market and the state. Some have claimed that the neoliberal era is behind us. Baradaran shows that such thinking is misguided. Neoliberalism is a failed economic idea—it doesn’t, in fact, create more wealth or more freedom. But it has been successful nevertheless, by seizing the courts and enabling our age of crypto fraud, financial instability, and accelerating inequality. An original account of the forces that have brought us to this dangerous moment in American history, The Quiet Coup reshapes our understanding of the recent past and lights a path toward a better future.

The Color of Money

The Color of Money PDF Author: Mehrsa Baradaran
Publisher: Harvard University Press
ISBN: 0674982304
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives

How the Other Half Banks

How the Other Half Banks PDF Author: Mehrsa Baradaran
Publisher: Harvard University Press
ISBN: 0674495446
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal...How the Other Half Banks is well researched and clearly written...The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect

Dangerous Liaisons

Dangerous Liaisons PDF Author: Kevin Casas-Zamora
Publisher: Brookings Institution Press
ISBN: 0815725302
Category : Political Science
Languages : en
Pages : 271

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Book Description
The relationship between criminal syndicates and politicians has a long history, including episodes even from the earliest years of America's colonies. But while organized crime may not get the headlines it once did in North America, the resurgence of such criminal activity in Latin America, and in some European nations, has grabbed the public's attention. In Dangerous Liaisons noted scholars describe and analyze the role of organized crime in the financing of politics in selected democracies in Latin America (Argentina, Brazil, Colombia, Costa Rica, and Mexico) and in Europe (Bulgaria and Italy). The book seeks to unravel the myths that have developed around crime in these locales, while providing facts and informing the debate on how organized crime corrupts democratic institutions, especially in relation to the funding of political parties and their activities. Among the subjects studied in detail are the role of organized crime in political finance through the lens of Argentina's presidential campaigns of 1999 and 2007; Brazil's elected officeholders and their role in corruption; the weakness of Colombia's democracy; the growing role of money in Costa Rica's politics; the destructive effects of drug money on Mexican institutions; the link between organized crime—narrowly and broadly understood—and political financing in Bulgaria; and crime and political finance in Italy. The work of the scholars corrects what volume editor Kevin Casas-Zamora calls "a glaring gap in the literature on the role of organized crime in the corruption of democratic institutions." That is, the funding of political parties and their activities—which in these cases are mostly election campaigns. The chapters not only present the evidence but also can be regarded as a call to action. Contributors include Leonardo Curzio (CISAN/UNAM), Donatella della Porta (European University Institute), Delia Ferreira Rubio (a member of the international boa

Social Movements and the Law

Social Movements and the Law PDF Author: Lolita Buckner Inniss
Publisher: Univ of California Press
ISBN: 0520385187
Category : Social Science
Languages : en
Pages : 264

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Book Description
Black Lives Matter and #MeToo are two of the most prominent twenty-first-century social movements in the United States. On the ground and on social media, more people have taken an active stance in support of either or both movements than almost any others in the country's history. Social Movements and the Law brings together the voices of twelve scholars and public intellectuals to explore how Black Lives Matter and #MeToo unfolded—separately and together—and how they enrich, inform, and complicate each other. Structured in dialogues and punctuated with informative text boxes, illustrations, and discussion questions, this accessible guide to an increasingly influential area of the law centers rich intersectional analysis of both movements and prompts readers to undertake further reflection and conversation. At a time of heightened public attention to the broader implications of human social behavior and interaction, this book shows rather than tells how people with different perspectives can engage one another with open minds and generosity of spirit.

Your Evil Twin

Your Evil Twin PDF Author: B. Sullivan
Publisher: John Wiley & Sons
ISBN: 9780471648109
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
The crime of the twenty-first century doesn't discriminate: ID theft has hit ordinary citizens and celebrities alike, from Oprah Winfrey to Steven Spielberg, and costs the economy $50 billion a year. Your Evil Twin covers this exploding crime from every possible angle. It includes exclusive whodunit details from mastermind identity thieves who have pilfered money from half the members of the Forbes 400, as well as exclusive interviews with a myriad of criminals in the Internet's underground, such as Russian hackers who have extorted money from U.S. banks. The book also issues a scathing indictment of the credit granting industry, from credit card issuers to the secretive credit reporting agencies, who have misunderstood the crime from the start, have been slow to respond, and bear much of the responsibility for the epidemic. Finally, Bob Sullivan, author and identity theft expert, probes the tepid solutions now being cobbled together by the industry and government. Bob Sullivan (Snohomish, WA), senior technology writer for MSNBC.com, is the nation's leading journalist covering identity fraud. He has written more than 100 articles on the subject since 1996, and is a regular contributor to MSNBC, CNBC, NBC Nightly News, the Today show, and various local NBC affiliates. With colleague Mike Brunker, Sullivan received the prestigious 2002 Society of Professional Journalists Public Service Award for ongoing coverage of Internet fraud.

The Army Insider

The Army Insider PDF Author: Sergeant Major David Carden U.S. Army
Publisher: AuthorHouse
ISBN: 1449020488
Category : Biography & Autobiography
Languages : en
Pages : 292

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Book Description
This is the true story of a man who fulfilled his destiny. He was just a country boy from Nebraska who grew up to achieve great things for his country. A multitude of short stories that chronicle his life begins with his parents. To know them is to know him. Through them, he received an adventurous childhood and he was instilled with a value system that governed his life. The story continues with wartime exploits, travels to Iran and Pakistan, and world-wide assignments. The story includes some people that he met along the way; some famous and some not so famous. The man was a soldier. A professional soldier who rose through the ranks and was considered the expert at the top of his chosen career field. Life after the Army has involved local politics, community service, recreation and retail sales. His primary wish in life is to see his grand children grow up and not have to follow in his footsteps.

Rebel Without a Minivan

Rebel Without a Minivan PDF Author: Tracy Beckerman
Publisher: Cold Tree Press
ISBN: 9781583852446
Category : Humor
Languages : en
Pages : 336

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Book Description
Tracy Beckerman is convinced she was abducted by aliens and dropped off in the suburbs of New Jersey. How else could she explain the fact that one minute she was a single city chick shopping sample sales, and the next, a married mother of two picking through garage sales? In this hilarious romp through the well-manicured lawns of suburbia, Beckerman takes on everyone from psycho mall moms to sinister cappuccino barristers, and proves you don't have to drive a minivan to make it it in the 'burbs. Straight from the pages of her hugely successful syndicated humor column, LOST IN SUBURBIA, Tracy Beckerman's Rebel without a Minivan is an irreverent and entertaining ride that will leave you snorting with laughter and cheering in the checkout aisles. Find out why ducks fear her, the DMV loathes her, and nearly a million readers of her column adore her. Read Tracy Beckerman's column, LOST IN SUBURBIA, at www.lostinsuburbia.net Tracy Beckerman is not just humorous. she is laugh-out-loud funny! Her columns are a great escape! -Suzette Martinez Standring, syndicated columnist and author of The Art of Column Writing: Insider Secrets from Art Buchwald, Dave Barry, Arianna Huffington, Pete Hamill and Other Great Columnists. In Rebel Without a Minivian, Tracy Beckerman has crafted a hilarious page-turner that captures the essence of what it's like to be a mom in the throes of an identity crisis. With a perfect blend of humor, wit, and sarcasm, Tracy's observations about her family, her foibles, and life in general give us all something to smile about. -Beth Feldman, founder of www.rolemommy.com and co-author of Peeing in Peace: Tales & Tips for Type A Moms

Why Religion Is Good for American Democracy

Why Religion Is Good for American Democracy PDF Author: Robert Wuthnow
Publisher: Princeton University Press
ISBN: 0691222649
Category : Social Science
Languages : en
Pages : 326

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Book Description
How the actions and advocacy of diverse religious communities in the United States have supported democracy’s development during the past century Does religion benefit democracy? Robert Wuthnow says yes. In Why Religion Is Good for American Democracy, Wuthnow makes his case by moving beyond the focus on unifying values or narratives about culture wars and elections. Rather, he demonstrates that the beneficial contributions of religion are best understood through the lens of religious diversity. The religious composition of the United States comprises many groups, organizations, and individuals that vigorously, and sometimes aggressively, contend for what they believe to be good and true. Unwelcome as this contention can be, it is rarely extremist, violent, or autocratic. Instead, it brings alternative and innovative perspectives to the table, forcing debates about what it means to be a democracy. Wuthnow shows how American religious diversity works by closely investigating religious advocacy spanning the past century: during the Great Depression, World War II, the civil rights movement, the debates about welfare reform, the recent struggles for immigrant rights and economic equality, and responses to the coronavirus pandemic. The engagement of religious groups in advocacy and counteradvocacy has sharpened arguments about authoritarianism, liberty of conscience, freedom of assembly, human dignity, citizens’ rights, equality, and public health. Wuthnow hones in on key principles of democratic governance and provides a hopeful yet realistic appraisal of what religion can and cannot achieve. At a time when many observers believe American democracy to be in dire need of revitalization, Why Religion Is Good for American Democracy illustrates how religious groups have contributed to this end and how they might continue to do so despite the many challenges faced by the nation.

The Other One Percent

The Other One Percent PDF Author: Sanjoy Chakravorty
Publisher: Oxford University Press
ISBN: 0190648740
Category : Social Science
Languages : en
Pages : 385

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Book Description
One of the most remarkable stories of immigration in the last half century is that of Indians to the United States. People of Indian origin make up a little over one percent of the American population now, up from barely half a percent at the turn of the millennium. Not only has its recent growth been extraordinary, but this population from a developing nation with low human capital is now the most-educated and highest-income group in the world's most advanced nation. The Other One Percent is a careful, data-driven, and comprehensive account of the three core processes-selection, assimilation, and entrepreneurship-that have led to this rapid rise. This unique phenomenon is driven by-and, in turn, has influenced-wide-ranging changes, especially the on-going revolution in information technology and its impact on economic globalization, immigration policies in the U.S., higher education policies in India, and foreign policies of both nations. If the overall picture is one of economic success, the details reveal the critical issues faced by Indian immigrants stemming from the social, linguistic, and class structure in India, their professional and geographic distribution in the U.S., their pan-Indian and regional identities, their strong presence in both high-skill industries (like computers and medicine) and low-skill industries (like hospitality and retail trade), and the multi-generational challenges of a diverse group from the world's largest democracy fitting into its oldest.