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Showing posts with the label INSIDE JOB

Occupy Wall Street & "We are the 99%"

One of the few things that seems certain about "Occupy Wall Street" and related protests is that these are the most positive and hopeful political events in the United States at this time.  Beyond that, I find myself curious and uncertain. I do believe, however, that those of us who embrace these protests should be thinking and talking about how to make them better--or more precisely, how it might be possible to build on them to foster a robust social justice movement in our time.  Such a social justice movement would work to build a society--indeed, a world--in which the pursuit of profts and pursuit of economic growth (as measured in GDP or other monetary terms) are subordinated to insuring universal access to high quality health care, high quality education, and food security. In terms of thinking and talking about how to build on the Occupy protests with this g...

INSIDE JOB Anti-Hero Professor Glenn Hubbard Now Stars in the Mitt Romney Campaign

A recent news story that has gotten too little attention is that in September, Mitt Romney's campaign announced that Professor Glenn Hubbard of Columbia University had signed on to lead candidate Mitt Romney's economic policy team.   Hubbard is one of the "anti-stars" of Charles Ferguson's searing polemic, Inside Job .  The most surprising section of that movie is its revelation that disciplinary economics has a problem akin to that of medical school faculty who have take unacknowledged payments from Big Pharma for medical "research" they publish.  In his interview in the film, Hubbard stands out for his resistance to transparency about his financial connections to the financial service industry, despite the fact that he was a prominent academic advocate of the deregulation of derivitives, and other highly complex financial products, prior to the Great Recession that began in 2008.  Now Hubb...