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Index
Preface Part I: Crisis Capitalism Capitalist Crisis and the Return to Marx The Myth of “American Exceptionalism” Implodes The Revenge of Trickle-Down Economics In Economic Crisis, Capitalism Delivers the Bads A Tale of Two Lootings Capitalism and Poverty Five Reasons Why the Crisis Persists Capitalism’s Ideological Crutches Capitalism Efficient? We Can Do So Much Better From Detroit to China to Bangladesh: Capitalism’s Costs, Capitalists’ Freedom Economic Development in Rana Plaza Capitalism, Democracy, and Elections “Pure” Capitalism Is Pure Fantasy How Capitalism’s Great Relocation Pauperized America’s Middle Class US Political Dysfunction and Capitalism’s Withdrawal Capitalism and Unemployment Capitalism and Democracy: Year-End Lessons Political Corruption and Capitalism The Wages of Global Capitalism Part II: Crisis Economics AUSTERITY US Tax Deal Brings Austerity Closer Main Street Moves against Wall Street Why Capitalism Is Choosing Plan B The Truth about Profits and Austerity The Great Austerity Shell Game Austerity, US Style, Exposed Austerity: Another “Policy Mistake” TAXES Corporations to Government Give Us More, Tax Us Less How the Rich Soaked the Rest of Us Who Really Pays Taxes PUBLIC SECTOR Going Beyond Private versus Public The Hidden Money Social Security’s Explosive Injustices BANKING Lehman Brothers: Financially and Morally Bankrupt Big Finance’s Pathology Compels the Logic of Socialized Banking DEBT S&P’s Judgment on US Debt Is Substandard and Poor “Living Within Our Means” and Standard and Poor’s Downgrade Deficits, Debts, and Deepening Crisis Europe’s Debt Crisis Deepens Déjà Vu: Germany Tightens Its Economic Power over Europe The Greek Crisis, Austerity, and a Postcapitalist Future Scapegoat Economics Greece Needs Our Solidarity in Its Struggle Against Austerity Deficits, Debts, and Demagogues THE SO-CALLED RECOVERY Recovery? What Recovery? Economic Recovery for Whom? After Five Years: Report Card on Crisis Capitalism Recovery Hype: American Capitalism’s Weapon of Mass Distraction Why Debates over the Fed’s Interest Rate Miss the Point Capitalism and Its Regulation Delusion Part III: Crisis Politics GOVERNMENT INTERVENTION Government Economic Intervention for Whom? This Is No Bailout for Main Street America Ghost of New Deal Haunts Democrats’ Agenda, but It’s Time to Summon FDR FEDERAL RESERVE Ben Bernanke’s Silence Speaks Volumes Bernanke’s Speech Was Only a Minor Footnote to Enduring Crisis Janet Yellen and I Were Taught to Revere Capitalism. But It’s a Failing System DEBT CEILINGS AND BUDGET BATTLES Budget Battles: Sound, Fury, and Fakery Fiscal Cliff Follies: Political Theater Distracts from Key Problems with the Fix Economic Policy Debates: Theater of Distraction POLITICAL ECONOMY OF PARTISAN “DEBATES” Ongoing Crisis and Liberal Blindness The Truth about “Class War” in America The Political Economy of Obama’s Reelection Class War Redux: How the American Right Embraced Marxist Struggle Critics of Capitalism Must Include Its Definition US Politics’ True Bipartisan Consensus Capitalism Is Untouchable Part IV: Crisis Responses, Going Beyond Capitalism THE OCCUPY MOVEMENT Occupy Wall Street Ends Capitalism’s Alibi How the 1 Percent Got Richer, while the 99 Percent Got Poorer The Originality of Occupy Wall Street Harvard Students Join the Movement Criticism, Violence, and Roosting Chickens Occupy Production: A Vision for Democracy at Work Occupy the Corporation Class, Change, and Revolution DEBATES ON THE LEFT What’s Left of the American Left? A New Dawn for the US Left A Socialism for the Twenty-First Century Debating Capitalism—Redefining Outdated Terms LESSONS FROM LABOR Lost Elections, Strategic Lessons for Workers’ Movements Everywhere Detroit’s Decline Is a Distinctively Capitalist Failure What Drove Organized Labor’s Decline in the United States? Lessons from Chattanooga ALTERNATIVES The Threats of Business and the Business of Threats Manifesto for Economic Democracy and Ecological Sanity Economic Democracy, Not Austerity or Keynesian Growth Yes, There Is an Alternative to Capitalism: Mondragon Shows the Way System Change, or There and Back Again: Capitalism, Socialism, Fascism Silence Is Louder Than Their Words: Effective Economic Policies Neither Candidate Advocates The Fall of the Berlin Wall and the Failures of Actually Existing Economic Systems Socialism and Worker Self-Directed Enterprises About the Author About Haymarket Books Also Available from Haymarket Books
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