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NATION ON THE TAKE

HOW BIG MONEY CORRUPTS OUR DEMOCRACY AND WHAT WE CAN DO ABOUT IT

The authors are necessarily forceful, and they offer a well-written must-read for those ready to give up hope about politics...

An examination of how “the rapid proliferation of a system akin to oligarchy—within our own country—threatens to cripple our march forward.”

Center for Public Integrity senior analyst Potter (Obamacare? What’s in It for Me, 2013, etc.) and Issue One executive director Penniman cite historical and current incidents of America’s “coin-operated government” and its outsized influence on legislation. Money dominates the political system as it muzzles more Americans than it empowers. The authors especially point to the election of 1896, in which businessman Marcus Hanna bankrolled William McKinley’s campaign “almost entirely with his own money.” That election recorded, as a percentage of GDP, the largest spending levels ever, before or since. With a ray of hope, the authors point out that Theodore Roosevelt’s administration turned the tables on corporate spending. Later, the Tillman Act of 1907 and the Hatch Act of 1939 tried to limit campaign activity and contributions. The Taft Hartley Act of 1943 banned direct spending by unions and corporations, which led to the creation of the first PACs. The authors pull no punches regarding the “corrupting influence” of the Citizens United decision, and they succinctly and clearly expose the direct influence of lobbyists for such industries as banking, mortgages, oil and other fossil fuels, pharmaceuticals, coal, and even food and beverages. Lobbyists demand self-regulation, threaten job losses if they have too many rules, and encourage delaying tactics in Congress. Thankfully, Potter and Penniman offer practical answers and point out that reform beginning at the local level is most effective and that “sunlight is the baseline for all reform.” As they note, the underfunded and dysfunctional Federal Election Commission, the IRS, the president, and the Securities and Exchange Commission all have tools to help, but they have to use them.

The authors are necessarily forceful, and they offer a well-written must-read for those ready to give up hope about politics and government in the United States.

Pub Date: March 1, 2016

ISBN: 978-1-63286-109-2

Page Count: 256

Publisher: Bloomsbury

Review Posted Online: Nov. 3, 2015

Kirkus Reviews Issue: Nov. 15, 2015

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GOOD ECONOMICS FOR HARD TIMES

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 28, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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HOW DEMOCRACIES DIE

The value of this book is the context it provides, in a style aimed at a concerned citizenry rather than fellow academics,...

A provocative analysis of the parallels between Donald Trump’s ascent and the fall of other democracies.

Following the last presidential election, Levitsky (Transforming Labor-Based Parties in Latin America, 2003, etc.) and Ziblatt (Conservative Parties and the Birth of Democracy, 2017, etc.), both professors of government at Harvard, wrote an op-ed column titled, “Is Donald Trump a Threat to Democracy?” The answer here is a resounding yes, though, as in that column, the authors underscore their belief that the crisis extends well beyond the power won by an outsider whom they consider a demagogue and a liar. “Donald Trump may have accelerated the process, but he didn’t cause it,” they write of the politics-as-warfare mentality. “The weakening of our democratic norms is rooted in extreme partisan polarization—one that extends beyond policy differences into an existential conflict over race and culture.” The authors fault the Republican establishment for failing to stand up to Trump, even if that meant electing his opponent, and they seem almost wistfully nostalgic for the days when power brokers in smoke-filled rooms kept candidacies restricted to a club whose members knew how to play by the rules. Those supporting the candidacy of Bernie Sanders might take as much issue with their prescriptions as Trump followers will. However, the comparisons they draw to how democratic populism paved the way toward tyranny in Peru, Venezuela, Chile, and elsewhere are chilling. Among the warning signs they highlight are the Republican Senate’s refusal to consider Barack Obama’s Supreme Court nominee as well as Trump’s demonization of political opponents, minorities, and the media. As disturbing as they find the dismantling of Democratic safeguards, Levitsky and Ziblatt suggest that “a broad opposition coalition would have important benefits,” though such a coalition would strike some as a move to the center, a return to politics as usual, and even a pragmatic betrayal of principles.

The value of this book is the context it provides, in a style aimed at a concerned citizenry rather than fellow academics, rather than in the consensus it is not likely to build.

Pub Date: Jan. 16, 2018

ISBN: 978-1-5247-6293-3

Page Count: 320

Publisher: Crown

Review Posted Online: Nov. 12, 2017

Kirkus Reviews Issue: Dec. 1, 2017

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