COMMEMORATING THE 50TH ANNIVERSARY of “THE WAR ON POVERTY.” At 25 of the 100 largest U.S. Corporations, at places like Ebay, Boeing, and Verizon, the chief executive earns more than the entire company pays in federal income taxes. These patriotic chaps, who, in their defense, are merely competing in the Financial Olympics according to the...
Take a walk around your city’s downtown. Look at the skyline. Note the names on the tallest buildings. See who has the wealth. In Los Angeles, almost all the skyscrapers bear the names of corporations that handle money: banks, accounting firms, insurance companies. This seems right. These organizations, one reckons, ought to have lots of...
An Open Letter to Councilmember Hugo Soto-MartinezDear Councilmember Soto-Martinez,
The man you replaced, Mitch O’Farrell, was perceived by many as a cynical politician who placed the desires of wealthy real-estate developers over the concerns of the people he was supposed to represent. Sensitive to any perception of impropriety, you’ve made it a point to not accept…
For more than forty years one of our favorite writers, Detroit-based Peter Werbe, has been publishing provocative essays about capitalism, technology, religion, politics, and popular culture in the anarchist journal The Fifth Estate, where he’s long been an indispensable member of the editorial collective. Some of his best work is now organized in a compulsively readable...
