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June 27, 2011 | The Nation

In the Magazine

June 27, 2011

Cover: Cover design by Milton Glaser Incorporated

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Alexander Cockburn on neocolonialism in Libya, William Lerach on corporate accountability and Barbara Dudley on organizing for state banks

Editorials

It's too late for Obama to turn around the economy. But to win re-election, he better expose what Republican plans to cut spending will really do.

Is dirty energy the only way to meet the huge demands of the modern world? New numbers suggest renewables could do the job—and more.

Dana Goldstein on the New York Times’s new executive editor, Liliana Segura on fairer sentencing and John Nichols on paid sick days

Faced with dismal job prospects and enraged at a new internet piracy law, Spanish youth have occupied Madrid's La Puerta del Sol. But with the political right ascendant, where will their protests lead?

Columns

There is ferocious repression across the Middle East. Why are the UN's sights trained only on Libya?

The internationally renowned activist talks to Katha Pollitt about women and driving in Saudi Arabia, a feminist Islam, and the chances for a “Saudi Spring.”

Articles

True economic recovery will require creative solutions to deeply rooted problems. Our first great task is to change the way we talk about what's possible.

A growing number of states are introducing laws that permit companies to pursue social missions without fear of shareholder litigation.

The best way to ensure corporate accountability is to save a seat on every board for an independent watchdog.

A tax on the rapid-fire trades that dominate financial markets would discourage reckless behavior and raise serious funds for public use.

The government has the power to spur innovation and reshape the economy—but it must be willing to flex its muscle.

Employee ownership plans carve a path toward what could be called responsible capitalism.

Legislation proposing a publicly owned state bank, the underpinning of a truly local economy, stands a good chance of passing in this session.

It’s time to recognize limited liability for what it is: a subsidy for corporations paid by those hurt by malfeasance.

There is no economic demand more urgent than putting Americans back to work. The government can do this by creating an “employer of last resort” program.

Congress should allow tax deductions for incentive pay schemes only if they distribute the rewards to the majority of workers.

Investors who seek out companies that are meeting the long-term challenge of sustainability will have a strategic advantage.

Hotshot CEOs should be required to play by the same rules as small business owners, who have a personal stake in the companies they run.

Pension savings and 401(k) plans are supposed to guarantee workers a comfortable retirement, not provide fodder for financial managers.

Capitalism in any form compels us to be greedy, callous and petty. Instead of reinventing it, we should replace it.

Books & the Arts

Book

As contradictory as the gospel truths of California's digerati are the dogmas of West Coast evangelicalism, a melding of Jefferson and Jesus.

Book

Between a fifth and a third of the white population remained loyal to Britain in 1776. Why?