Monday Links


Here’s what I’ve got for this week:

(1) Jason Stanley, Detroit’s Drought of Democracy. Last week’s links included a piece about water privatization in Detroit; this piece is from the New York Times‘ philosophy blog, The Stone, by one of my oldest friends. Jason gets a huge audience in The Stone, and this time a blogger from the Detroit Metro Times took note (positively), and a columnist from the Detroit News took note (negatively). Here’s a compilation of our recent coverage of Detroit:

(2) Arthur MacEwan, The Minimum Wage and Inflation. The latest from our current issue, Arthur’s “Ask Dr. Dollar” column.

(3) Several links on fracking and finance:  It’s been a year since we had our cover story on fracking by Rob Larson, Frackonomics: The Science and Economics of the Gas Boom. Here are some related pieces I’ve stumbled on lately, mostly on fracking and finance:

(4) Gerald Friedman, What Happened to the Recovery? Pt. 1.  Over at our sister blog, Triple Crisis, we have posted Pt. 1 of Jerry Friedman’s two-part “Economy in Numbers” on the so-called recovery. We’ll post Pt. 2 at Triple Crisis later this week, and I’ll post the whole thing together on the D&S site.

–Chris Sturr

Monday Links


Just three links this week:

(1) Mark Karlin, The End Game of Shutting Off Residential Water in Detroit Is a Likely Privatization Attempt.  Buzzflash at Truthout. Mystery solved (not that this is surprising).

(2) Gretchen Morgenson, Private Equity’s Free Pass.  The New York Times; hat-tip TM. Morgenson’s focus here is on how PE firms avoid SEC scrutiny by not being designated as “broker-dealers.”

(3) David Atkins, The Four Basic Reactions to Record Inequality. Washington Monthly‘s Political Animal blog.  This is a nice piece.  It starts with Anna Bernasek’s recent Times piece, The Typical Household, Now Worth a Third Less, which reports on findings in a recent Russell Sage Foundation study, according to there was a 36% decline in the inflation-adjusted net worth of the average U.S. household between 2003 and 2013. Over the same period, the net worth of households at the 95th percentile increased by 14%.  And the increase for richer households was greater.  What I like about the Atkins piece is that he shows how similar the views of the “neoliberal/center-left “camp (who “believe that modern inequality is a problem, but that this too shall pass and we can trudge along as usual after a recovery”) are to those of true believers on the center-right.

That’s it for now.

–Chris Sturr