Lucid and cogent.
Former Secretary of Labor Reich (Public Policy/Univ. of California, Berkeley; Supercapitalism: The Transformation of Business, Democracy, and Everyday Life, 2007, etc.) argues that America will not have a sustained economic recovery until the middle class has more buying power.
In this call for reform, the author writes that the increasing concentration of wealth among a small percentage of Americans was the main culprit in the destabilization of the U.S. economy in 2008. For three decades, the wealthy reaped inordinate benefits from a growing economy while middle-class wages stopped climbing. As the rich spent only a fraction of their fortunes (“The sheer magnitude of the task of spending obscene amounts of money can be surprisingly challenging”), they deprived the economy of the multiplier effect of many millions of dollars. Instead of trying to rebalance the distribution of income, the federal government deregulated, privatized and celebrated the idea of free markets. The middle class coped for a time, working longer hours, sending more women into the work force and borrowing as much as possible. Then came the crash. Now, in a period of aftershock, many Americans are moving from distrust to anger over an economy that seems certain to bring high unemployment and lower real wages for years to come. Before their resentments slow economic growth or open the door to demagogues, the author writes, massive structural reforms are needed to reestablish shared prosperity. Reich examines such “practical and doable” reforms as higher taxes on the rich; a “reverse income tax” to supplement the wages of the poor and middle class; a carbon tax on fossil fuels, with revenues going toward wage supplements; more widespread unionization; and strong campaign-finance laws. He notes, however, that it may take another deep recession to spur such action. Reich draws heavily on the thinking of banker and economist Marriner Eccles, who blamed a similar but worse economic trauma—the Great Depression—on the vast accumulation of income in the hands of the wealthy in the ’20s, which siphoned purchasing power away from other Americans.
Lucid and cogent.Pub Date: Sept. 22, 2010
ISBN: 978-0-307-59281-1
Page Count: 192
Publisher: Knopf
Review Posted Online: June 25, 2010
Kirkus Reviews Issue: July 15, 2010
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
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”
The powerful story of a father’s past and a son’s future.
Atlantic senior writer Coates (The Beautiful Struggle: A Father, Two Sons, and an Unlikely Road to Manhood, 2008) offers this eloquent memoir as a letter to his teenage son, bearing witness to his own experiences and conveying passionate hopes for his son’s life. “I am wounded,” he writes. “I am marked by old codes, which shielded me in one world and then chained me in the next.” Coates grew up in the tough neighborhood of West Baltimore, beaten into obedience by his father. “I was a capable boy, intelligent and well-liked,” he remembers, “but powerfully afraid.” His life changed dramatically at Howard University, where his father taught and from which several siblings graduated. Howard, he writes, “had always been one of the most critical gathering posts for black people.” He calls it The Mecca, and its faculty and his fellow students expanded his horizons, helping him to understand “that the black world was its own thing, more than a photo-negative of the people who believe they are white.” Coates refers repeatedly to whites’ insistence on their exclusive racial identity; he realizes now “that nothing so essentialist as race” divides people, but rather “the actual injury done by people intent on naming us, intent on believing that what they have named matters more than anything we could ever actually do.” After he married, the author’s world widened again in New York, and later in Paris, where he finally felt extricated from white America’s exploitative, consumerist dreams. He came to understand that “race” does not fully explain “the breach between the world and me,” yet race exerts a crucial force, and young blacks like his son are vulnerable and endangered by “majoritarian bandits.” Coates desperately wants his son to be able to live “apart from fear—even apart from me.”
This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”Pub Date: July 8, 2015
ISBN: 978-0-8129-9354-7
Page Count: 176
Publisher: Spiegel & Grau
Review Posted Online: May 5, 2015
Kirkus Reviews Issue: July 1, 2015
BOOK REVIEW
BOOK REVIEW
SEEN & HEARD
BOOK TO SCREEN
BOOK TO SCREEN
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