Policy

What's So Magic About $1 Trillion

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News reports say that the Trump Administration is going to propose a $1 trillion infrastructure plan to “boost the economy.” One writer says it will not only promote recovery but also help the environment.  read more »

Feudalism and Stagnation in South Africa

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As I am writing this article, South Africa is predicted, following the coronavirus crises, to have an unemployment rate of 50% i.e. 1 in 2 working adults .The country’s lockdown has now been longer than the one in authoritarian China and to make matters worse, South Africa’s credit rating has been recently downgraded by agencies such as Fitch, Standard and Poor, and Moody’s.  read more »

The Green Civil War

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Like many contemporary social movements—#metoo, Black Lives Matter, the Women’s March—the environmental lobby has tended to create an atmosphere of unanimity. In its struggle to win public and elite opinion, it has frequently evoked “science” as something settled and immutable, warning that those who dissent are either self-serving or seriously deranged.  read more »

A New Age of Feudalism for the Working Class?

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In the past, fears of job losses from automation were often overstated. Technological progress eliminated some jobs but created others, and often better-paying ones. In the early days of the high-tech revolution, many of the pioneering firms—such as Hewlett-Packard, Intel, and IBM—were widely praised for treating their lower-level workers as part of the company and deserving of opportunities for advancement, as well as benefits including health insurance and a pension.  read more »

Police Violence, George Floyd, and Renegotiating the American Social Contract

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It's time to put the current protests revolving around the Minneapolis police killing of George Floyd in the appropriate emotional and historical context. More importantly, it's time to consider what comes next.  read more »

Coronavirus: Why California's Small Businesses May Not Survive

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Whatever the medical benefits achieved from the prolonged coronavirus lockdown, California’s small business community will be suffering severe symptoms, likely for decades to come. The state’s small entrepreneurs, particularly in poorer areas, face major readjustments and perhaps obliteration, a situation further complicated for some by damage stemming from the protests over the killing of George Floyd.  read more »

The Future of Residential and Commercial Real Estate

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What is the future of real estate after Covid-19? Please join Richard Florida, Joel Kotkin, Marshall Toplansky and other leading experts to see where the real estate market is going. We will be discussing issues including the future of office space, retail, affordable housing, inner cities, suburbs and small towns.  read more »

Hygienic Fascism: Turning the World Into a 'Safe Space' — But at What Cost?

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Author Aldous Huxley once said, “A thoroughly scientific dictatorship will never be overthrown.”

Even as we try to battle the COVID-19 pestilence, we may be contracting a more dangerous virus — hygienic fascism. This involves a process when our political leaders defer to a handful of “experts,” amid what Dr. Joseph Ladopo, an associate professor at the UCLA School of Medicine, describes as an atmosphere of “COVID-19-induced terror.”  read more »

Subjects:

Deindustrialization as a Template for COVID-19

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As we wrote in Steeltown USA: Work and Memory in Youngstown, Youngstown’s story is America’s story, and that city offers a useful case study for anyone trying to imagine American life after the pandemic. No doubt, coronavirus is a natural disaster that is more contagious, widespread, and deadly than the economic disaster of deindustrialization.  read more »

Rethinking the Social Safety Net

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The COVID-19 epidemic wreaked havoc on the majority of American households. The USC Dornsife poll reported on April 17th that 15% of previously employed people in the country have lost their jobs because of the virus. That translates into close to 26 million newly unemployed. While many of those jobs will come back once we get through this, I do not think all of them will. Future social distancing rules will, for instance, limit the number of patrons a restaurant or a bar can serve. Fewer customers means fewer employees to serve them.  read more »