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Buying Time: The Delayed Crisis of Democratic Capitalism
The financial and economic crisis that began in 2008 still has the world on tenterhooks. The gravity of the situation is matched by a general paucity of understanding about what is happening and how it started. In this book, based on his 2012 Adorno Lectures given in Frankfurt, Wolfgang Streeck places the crisis in the context of the long neoliberal transformation of postwar capitalism that began in the 1970s. He analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests, as expressed in inflation, public debt, and rising private indebtedness. Streeck traces the transformation of the tax state into a debt state, and from there into the consolidation state of today. At the centre of the analysis is the changing relationship between capitalism and democracy, in Europe and elsewhere, and the advancing immunization of the former against the latter.
A Country That Works: Getting America Back on Track
Andy Stern, one of the most visionary leaders in America today, has fought relentlessly to ensure that Americans' hard work is rewarded in today's hypercompetitive, globalized world. As the newsmaking president of the fastest-growing, most dynamic union in America, he has led the charge for modernizing the "house of labor" -- taking unions out of the past and into the twenty-first century. He has spearheaded the campaign against the "Wal-Marting" of jobs and has innovated transformative solutions to the daunting problems facing Americans, from job insecurity to runaway health care costs. In this powerful critique and call-to-arms, he offers a revelatory dissection of the gathering threats to our standard of living -- threats that our politicians have failed utterly to address -- and he puts forth a bold, unassailable plan for making vital reforms. In his eye-opening diagnosis that makes the urgency of the threats vividly clear, Stern shows that Americans are contending with the most disruptive economic upheaval in the world economy since the Industrial Revolution. Yet, in the face of this daunting challenge, the American system simply isn't working well enough for most of us. Stern powerfully portrays how with the pace of globalization relentlessly quickening, the competitive pressures on our jobs and quality of life are heating up even more, especially as housing, health care, and oil prices skyrocket. While CEO salaries soar and business and the wealthy are handed plentiful tax shelters, the incomes of both white-collar and blue-collar workers stagnate, leaving most Americans struggling to pay off ever-escalating debt, instead of saving for retirement. The plain fact is that our system is out of whack, serving the interests of the top sliver of the most wealthy while putting the squeeze on the rest of us. Meanwhile, our politicians irresponsibly sidestep the crucial solutions that we so desperately need in order to make sure Americans can move into the twenty-first century with their futures secure. As Stern so persuasively shows, it is time for bold thinking and creative solutions to overhaul a health care system in crisis; correct a tax system rigged in favor of business and the wealthy; revamp our inadequate retirement system; and make truly innovative improvements in education. He presents a set of course-correction reforms so compelling, simple, and achievable that readers will find themselves enraged that they haven't yet been enacted. Americans have a right to expect our government to work for us. Andy Stern shows how we can get things back on track to make sure it does.
Gigged: The End of the Job and the Future of Work
One in three American workers is now a freelancer. This "gig economy" - one that provides neither the guarantee of steady hours nor benefits - emerged out of the digital era and has revolutionized the way we do business. High-profile tech start-ups such as Uber and Airbnb are constantly making headlines for the disruption they cause to the industries they overturn. But what are the effects of this disruption, from Wall Street down to Main Street? What challenges do employees and job-seekers face at every level of professional experience?In the tradition of the great business narratives of our time, Gigged offers deeply-sourced, up-close-and-personal accounts of our new economy. From the computer programmer who chooses exactly which hours he works each week, to the Uber driver who starts a union, to the charity worker who believes freelance gigs might just transform a declining rural town, journalist Sarah Kessler follows a wide range of individuals from across the country to provide a nuanced look at how the gig economy is playing out in real-time.Kessler wades through the hype and hyperbole to tackle the big questions: What does the future of work look like? Will the millennial generation do as well their parents? How can we all find meaningful, well-paid work?
Raw Deal: How the "Uber Economy" and Runaway Capitalism Are Screwing American Workers
The US workforce, which has been one of the most productive and wealthiest in the world, is undergoing an alarming transformation. Increasing numbers of workers find themselves on shaky ground, turned into freelancers, temps and contractors. Even many full-time and professional jobs are experiencing this precarious shift. Within a decade, a near-majority of the 145 million employed Americans will be impacted. Add to that the steamroller of automation, robots and artificial intelligence already replacing millions of workers and projected to "obsolesce" millions more, and the jobs picture starts looking grim.Now a weird yet historic mash-up of Silicon Valley technology and Wall Street greed is thrusting upon us the latest economic fraud: the so-called "sharing economy," with companies like Uber, Airbnb and TaskRabbit allegedly "liberating workers" to become "independent" and "their own CEOs," hiring themselves out for ever-smaller jobs and wages while the companies profit.But this "share the crumbs" economy is just the tip of a looming iceberg that the middle class is drifting toward. Raw Deal: How the "Uber Economy" and Runaway Capitalism Are Screwing American Workers,by veteran journalist Steven Hill, is an exposé that challenges conventional thinking, and the hype celebrating this new economy, by showing why the vision of the "techno sapien" leaders and their Ayn Rand libertarianism is a dead end.In Raw Deal, Steven Hill proposes pragmatic policy solutions to transform the US economy and its safety net and social contract, launching a new kind of deal to restore power back into the hands of American workers.
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