At a memorial service for John Kenneth Galbraith at Harvard University's Memorial Church, economist and biographer Richard Parker eulogized an extraordinary man.
The relentless reduction of taxes on the wealthy has created a profound inequality between the very rich and the bottom half of American society, affecting every aspect of daily life.
While John Kenneth Galbraith was good at pointing out the failures of the free
enterprise system, he could never overcome the play-to-win mentality
of American capitalism.
Longtime Nation Associate John Kenneth Galbraith is best
remembered not only as a New Dealer, old-line liberal or Keynesian
economist but as a contrarian and independent thinker.
Democrats should see the panic over the DP World deal as an opportunity
for a nervy rudder-turn and challenge the obsessive secrecy and toxic
premises of Bush's national security policy.
CAFTA, once presumed dead, is alive and functioning, thanks to White House political sorcery. But a backlash is looming in the United States and abroad.