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BIG DIRTY MONEY

THE SHOCKING INJUSTICE AND UNSEEN COST OF WHITE COLLAR CRIME

A significant manifesto for judicial reform that aims at cracking the cabal of big-money grifters at the top.

A scathing indictment of white-collar crime and its unpunished practitioners.

So-called street crime—robbery, burglary, etc.—costs American society about $16 billion per year, according to FBI statistics. Conversely, “white collar crime in America, such as fraud and embezzlement, costs victims an estimated $300 billion to $800 billion per year.” So observes Vermont Law School professor and legal activist Taub, who adds that, as in other aspects of life, the holders of the big ticket pretty much get away with it every time out. Even if they don’t, they get a pass, as when in February 2020 Donald Trump pardoned various perpetrators of “bribery, investment fraud, public corruption, computer hacking, an extortion cover-up, money laundering, conspiracy to defraud the federal government, obstruction of justice, mail fraud, wire fraud.” Taub adds, “No white collar crime left behind.” The laxity with which white-collar crime is treated speaks to social inequality, and the author looks deeply into cases such as that of the opioid-peddling Sackler family, who were given ample time to hide their assets offshore when caught violating federal drug laws. Even though three top officials of their Purdue Pharma pleaded guilty, none served prison time. “They are as bad as the drug pusher on the street corner or the kingpins behind the cartel,” Taub notes with appropriately righteous indignation. For their part, those caught insider trading face an essentially toothless Securities and Exchange Commission. And so on. In this steely-eyed examination of these brazen criminals, Taub holds that this lack of effective punishment merely encourages the wealthy to prey on the rest of society. Though it would be impossible and even undesirable to prosecute every one of them, “we do need to make an example of those who are the worst offenders”—especially when a “lying, cheating, megalomaniac American president” is available to issue pardons like so many doses of Oxycontin.

A significant manifesto for judicial reform that aims at cracking the cabal of big-money grifters at the top.

Pub Date: Sept. 29, 2020

ISBN: 978-1-984879-97-4

Page Count: 352

Publisher: Viking

Review Posted Online: June 30, 2020

Kirkus Reviews Issue: July 15, 2020

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ABUNDANCE

Cogent, well-timed ideas for meeting today’s biggest challenges.

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Helping liberals get out of their own way.

Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.

Cogent, well-timed ideas for meeting today’s biggest challenges.

Pub Date: March 18, 2025

ISBN: 9781668023488

Page Count: 320

Publisher: Avid Reader Press

Review Posted Online: Jan. 16, 2025

Kirkus Reviews Issue: Feb. 15, 2025

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A PEOPLE'S HISTORY OF THE UNITED STATES

For Howard Zinn, long-time civil rights and anti-war activist, history and ideology have a lot in common. Since he thinks that everything is in someone's interest, the historian—Zinn posits—has to figure out whose interests he or she is defining/defending/reconstructing (hence one of his previous books, The Politics of History). Zinn has no doubts about where he stands in this "people's history": "it is a history disrespectful of governments and respectful of people's movements of resistance." So what we get here, instead of the usual survey of wars, presidents, and institutions, is a survey of the usual rebellions, strikes, and protest movements. Zinn starts out by depicting the arrival of Columbus in North America from the standpoint of the Indians (which amounts to their standpoint as constructed from the observations of the Europeans); and, after easily establishing the cultural disharmony that ensued, he goes on to the importation of slaves into the colonies. Add the laborers and indentured servants that followed, plus women and later immigrants, and you have Zinn's amorphous constituency. To hear Zinn tell it, all anyone did in America at any time was to oppress or be oppressed; and so he obscures as much as his hated mainstream historical foes do—only in Zinn's case there is that absurd presumption that virtually everything that came to pass was the work of ruling-class planning: this amounts to one great indictment for conspiracy. Despite surface similarities, this is not a social history, since we get no sense of the fabric of life. Instead of negating the one-sided histories he detests, Zinn has merely reversed the image; the distortion remains.

Pub Date: Jan. 1, 1979

ISBN: 0061965588

Page Count: 772

Publisher: Harper & Row

Review Posted Online: May 26, 2012

Kirkus Reviews Issue: Jan. 1, 1979

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