Skip to main content

Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally published on Next New Deal

Click here to receive the Daily Digest via email.

The Breakdown of Democracy (Real News Network)

Roosevelt Institute Senior Fellow Rob Johnson says that to fix our democratic system, corporations need to be taken out of the game. Substantial reforms will be needed to limit their power in elections.

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones (NYT)

Annie Lowrey looks at a new report from the National Employment Law Project, which finds that the recovery essentially replaced good jobs with bad ones. That's one incentive for the push for a minimum wage increase.

Northwestern University Football Players Vote on Unionization (MSNBC)

The vote will remain sealed until the National Labor Relations Board decides on the university's appeal, reports Ned Resnikoff, but that doesn't change the symbolic power of this first for college athletes.

New York City Now Protects Interns Against Sexual Harassment—but With One Major Loophole (The Nation)

By restricting its definition of an unpaid intern to the Labor Department's legal guidelines, Michelle Chen says New York's City Council has allowed some vulnerable workers to remain unprotected.

Thomas Piketty is a Rock-Star Economist – Can He Re-write the American Dream? (The Guardian)

Heidi Moore praises Piketty's Capital in the 21st Century, and considers whether his ideas for addressing inequality can move beyond the pundit class and win over regular people.

Lawrence Lessig Has a “Moonshot” Plan to Halt Our Slide Toward Plutocracy (Bill Moyers)

Joshua Holland speaks to Lessig about why so many Americans are resigned to the current state of campaign finance, and how a Super PAC to end all Super PACs could work.

Your Political Leaders Are Unsurprisingly Terrible at Empathizing with Your Salary (The Wire)

Philip Bump notes just how disconnected some politicians are when they talk about income and class issues. Case in point: those who claim they're underpaid while earning more than twice their constitutents' median income.


Originally posted to Daily Kos Economics on Mon Apr 28, 2014 at 05:14 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  The power of money is destroying democracy (1+ / 0-)
    Recommended by:
    Cadillac64

    Hasn't that been the point all along? To bring back monarchies and inherited empires of wealth, if not of state?

    Seems pretty obvious to me. And it's working very well.

    "I feel a lot safer already."--Emil Sitka

    by DaddyO on Mon Apr 28, 2014 at 08:05:36 PM PDT

  •  Just read where Toyota is moving from Torrence (1+ / 0-)
    Recommended by:
    Cadillac64

    CA to the Dallas TX area. 5,000+ jobs exported to TX.

    Lower taxes and lower regulations seem to be some of the factors prompting the move. No reporting of any other sweeteners from TX or local government.

    One thing those moving with the company to TX will like is the lower cost of housing. Nice new 3 bedroom homes for $150-$200,000 in this area.

    Looks like Gov Perry has struck again.

    http://www.chron.com/...

    It’s the Supreme Court, stupid! Followed by: It's always the Supreme Court! Progressives will win only when we convince a majority that they, too, are Progressive.

    by auapplemac on Mon Apr 28, 2014 at 08:07:03 PM PDT

  •  When America than has a democracy I'll come back (0+ / 0-)

    to this discussion.

    It's not as complex as you think. America government should not be capable or allowed to borrow money as that only helps the ones buying America's debt and they are often the elite classes. Which is the way the Republic was intended to work. Government OF the People, BY the Elite and FOR the Elite.

    If the people in Kentucky were truly religious and Christian as they tell themselves as being then they wouldn't re-elect and send Senator Mitch McConnell back to the senate year after year.

    by leepearson on Mon Apr 28, 2014 at 08:36:30 PM PDT

  •  But God Told Bundy Federal Gov Is The Oppressor (0+ / 0-)

    ....even while local cops shoot people in their front yards.

    Men are so necessarily mad, that not to be mad would amount to another form of madness. -Pascal

    by bernardpliers on Mon Apr 28, 2014 at 08:38:00 PM PDT

  •  Groundwater protection and CA democratic process (1+ / 0-)
    Recommended by:
    Cadillac64

    The current breakdown of natural systems is not delivering rational responses as you might expect in a democracy. Case in point, the Giant Sucking Sound of the Vanishing Groundwater in the San Joaquin Valley. Some of the more egregious abuses are occurring in just three Congressional Districts the 21 (David Valadao), 22 (Devin Nunes) and 23 (Kevin McCarthy). The overdraw of 10 cubic kilometers of groundwater a year, much of it through outright resource theft, is not behavior of any First World country (well, Malta maybe), and not even most emerging economies (Malaysia?). A small group is currently screwing up maybe 20 million years of hydrogeological services in a way that could take as long to recover.

    Maybe groundwater protection doesn't sound like an issue, but it should be. A closer look at the informal power structures in the Central Valley and we see it looks more like 10th Century Irish Feudalism. Low information voters, low voter participation, active voter roll scrubbing programs at the county level, low information Congressmen, and an Uncommon Tragedy of the Commons.      

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site