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"Corporatism" is the Latest Hysterical Right-Wing Accusation: The Secret History of a Smear (TNR)
Roosevelt Institute Fellow Mike Konczal writes that when right-wing critics call out the Obama administation for "corporatism," or colluding with the rich to make them richer, they invoke government as the source of all market problems and forget that markets don't exist in a vacuum.
Is There a Conservative Alternative to Financial Reform? (WaPo)
Mike Konczal examines one possible alternative to Dodd-Frank proposed by Nicole Gelinas at the Manhattan Institute. He finds that she attacks policies she supported in 2009 and champions policies with no support in today's conservative movement, making it difficult to move forward.
Why Inequality Matters (NYT)
Paul Krugman argues that inequality is "the most important single factor behind lagging middle-class incomes." He also links inequality to the political reaction to the economic crisis, noting that policies focused on deficit reduction are economically destructive, but supported by the wealthy.
Justin Timberlake’s Union Tour (The Nation)
Jessica Weisberg speaks with Dana Wilson, a dancer and union organizer who helped to secure the first-ever union contract for back-up dancers on a tour. Wilson says many young dancers think they are invincible, but that doesn't keep them from needing health benefits and a pension.
The American Way of Hiring Is Making Long-Term Unemployment Worse (Harvard Business Review)
Gretchen Gavett interviews MIT's Ofer Sharone, whose research suggests that the white-collar "chemistry game" of hiring, which is focused on networking and intangibles, causes many rejected American job-seekers to think there is something wrong with them rather than the system.
Poverty Nation: How America Created a Low-Wage Work Swamp (Salon)
Joan Walsh ties the current crisis of low-wage workers who must rely on public assistance to get by to policy choices in the 1990s, which determined that any job was better than no job. These policies allowed some corporations to make huge profits subsidized by government support.