Group items tagged

The biggest political story of 2008 is getting little coverage. It involves the collapse of assumptions that have dominated our economic debate for three decades. Since the Reagan years, free-market clichés have passed for sophisticated economic analysis. But in the current crisis, these ideas are falling, one by one, as even conservatives recognize that capitalism is ailing. You know the talking points: Regulation is the problem and deregulation is the solution. The distribution of income and wealth doesn't matter. Providing incentives for the investors of capital to "grow the pie" is the only policy that counts. Free trade produces well-distributed economic growth, and any dissent from this orthodoxy is "protectionism."

Have you bought any textbooks recently? K-12 book prices are outlandish; college textbooks border on criminal and publishers are moving slower than molasses in January when it comes to moving towards any sort of electronic publishing model. I know, let's cut down countless trees, print on them with toxic inks, and gouge the heck out of students when we could drastically cut costs and environmental impact by publishing books electronically! Good call.