Wall Street’s Assault on Democracy

Wall Street’s Assault on Democracy
Author: Georges Ugeux
Publisher: Springer Nature
Total Pages: 246
Release: 2023-11-22
Genre: Business & Economics
ISBN: 3031290941

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On November 24, 2020, in the midst of a global pandemic, the Dow Jones Index surpassed 30,000 points for the first time ever. This historic moment exposed the incredible disconnect between financial markets and society. The stock market’s one hundred percent rebound was triggered by a massive injection of capital by the US Federal Reserve and by fiscal stimulus measures that reached $16 trillion globally in only a year. It was the taxpayer who came to the aid of the shareholders. This imbalance between low- and high-income individuals has become unbearable and calls into question the mechanisms that allow such an abuse of financial power to exist. This abuse has allowed populism to flourish, in a world where humanism should prevail. This book invites the reader to understand how such a financial drift of capitalism was even possible and proposes reforms to correct the system. Written by the former Group Executive Vice President for International & Research at the New York Stock Exchange, this volume provides concrete solutions for democratizing financial markets and reintroducing the morals and ethics that these markets and its leaders are so sorely lacking. Ugeux argues that the purpose of such reforms is to reduce the inequalities which are plaguing our democracies. Citizens are losing hope that equity exists in the system and it has become clear, as fundamental liberties like right voting rights are being threatened – that the problem lies much deeper. Ugeux insists that a change of perspective and a redefinition of societal goals is essential: social and solidarity capitalism is possible only if our leaders listen to the expectations of their citizens. While it is supported by research and facts, this book includes elements of opinion essays with an educational objective. It aims to educate readers who want to better understand these complex issues, without having to be specialists.

The American Deep State

The American Deep State
Author: Peter Dale Scott
Publisher: Rowman & Littlefield
Total Pages: 355
Release: 2017-05-02
Genre: Political Science
ISBN: 1538100258

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Now in a new edition updated through the unprecedented 2016 presidential election, this provocative book makes a compelling case for a hidden “deep state” that influences and often opposes official U.S. policies. Prominent political analyst Peter Dale Scott begins by tracing America’s increasing militarization, restrictions on constitutional rights, and income disparity since World War II. With the start of the Cold War, he argues, the U.S. government changed immensely in both function and scope, from protecting and nurturing a relatively isolated country to assuming ever-greater responsibility for controlling world politics in the name of freedom and democracy. This has resulted in both secretive new institutions and a slow but radical change in the American state itself. He argues that central to this historic reversal were seismic national events, ranging from the assassination of President Kennedy to 9/11. Scott marshals compelling evidence that the deep state is now partly institutionalized in non-accountable intelligence agencies like the CIA and NSA, but it also extends its reach to private corporations like Booz Allen Hamilton and SAIC, to which 70 percent of intelligence budgets are outsourced. Behind these public and private institutions is the influence of Wall Street bankers and lawyers, allied with international oil companies beyond the reach of domestic law. Undoubtedly the political consensus about America’s global role has evolved, but if we want to restore the country’s traditional constitutional framework, it is important to see the role of particular cabals—such as the Project for the New American Century—and how they have repeatedly used the secret powers and network of Continuity of Government (COG) planning to implement change. Yet the author sees the deep state polarized between an establishment and a counter-establishment in a chaotic situation that may actually prove more hopeful for U.S. democracy.

Generation Occupy

Generation Occupy
Author: Michael Levitin
Publisher: Catapult
Total Pages: 369
Release: 2023-09-19
Genre: Political Science
ISBN: 164009556X

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The fight for a $15 minimum wage. Nationwide teacher strikes. Bernie Sanders’s political revolution and the rise of AOC. Black Lives Matter. #MeToo. Read how the Occupy movement helped reshape American politics, culture and the groundbreaking movements to follow. "Fluidly written . . . Levitin’s enthusiasm is infectious . . . It is no exaggeration to say that Occupy Wall Street and its offshoots changed a good deal more of the landscape than Zuccotti Park’s three-quarters of an acre in New York’s financial district." —Tod Gitlin, The New York Times Book Review On the ten-year anniversary of the Occupy movement, Generation Occupy sets the historical record straight about the movement’s lasting impacts. Far from a passing phenomenon, Occupy Wall Street marked a new era of social and political transformation, reigniting the labor movement, remaking the Democratic Party and reviving a culture of protest that has put the fight for social, economic, environmental and racial justice at the forefront of a generation. The movement changed the way Americans see themselves and their role in the economy through the language of the 99 versus the 1 percent. But beyond that, in its demands for fairness and equality, Occupy reinvigorated grassroots activism, inaugurating a decade of youth-led resistance movements that have altered the social fabric, from Black Lives Matter and Standing Rock to March for Our Lives, the Global Climate Strikes and #MeToo. Bookended by the 2008 financial crisis and the coronavirus pandemic, Generation Occupy attempts to help us understand how we got to where we are today and how to draw on lessons from Occupy in the future.

Young Money

Young Money
Author: Kevin Roose
Publisher: Grand Central Publishing
Total Pages: 266
Release: 2014-02-18
Genre: Business & Economics
ISBN: 1455572322

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Becoming a young Wall Street banker is like pledging the world's most lucrative and soul-crushing fraternity. Every year, thousands of eager college graduates are hired by the world's financial giants, where they're taught the secrets of making obscene amounts of money-- as well as how to dress, talk, date, drink, and schmooze like real financiers. Young Money is the inside story of this well-guarded world. Kevin Roose, New York magazine business writer and author of the critically acclaimed The Unlikely Disciple, spent more than three years shadowing eight entry-level workers at Goldman Sachs, Bank of America Merrill Lynch, and other leading investment firms. Roose chronicled their triumphs and disappointments, their million-dollar trades and runaway Excel spreadsheets, and got an unprecedented (and unauthorized) glimpse of the financial world's initiation process. Roose's young bankers are exposed to the exhausting workloads, huge bonuses, and recreational drugs that have always characterized Wall Street life. But they experience something new, too: an industry forever changed by the massive financial collapse of 2008. And as they get their Wall Street educations, they face hard questions about morality, prestige, and the value of their work. Young Money is more than an expose of excess; it's the story of how the financial crisis changed a generation-and remade Wall Street from the bottom up.

The Democracy Project

The Democracy Project
Author: David Graeber
Publisher: Doubleday UK
Total Pages: 354
Release: 2013
Genre: Political Science
ISBN: 081299356X

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Explores the idea of democracy, its current state of crisis, and its potential as a tool for change, sharing historical perspectives on the effectiveness of democratic uprisings in various times and cultures.

A New New Deal

A New New Deal
Author: Amy B. Dean
Publisher: ILR Press
Total Pages: 305
Release: 2011-05-15
Genre: Political Science
ISBN: 0801458498

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A Century Foundation Book In A New New Deal, the labor movement leaders Amy B. Dean and David B. Reynolds offer a bold new plan to revitalize American labor activism and build a sense of common purpose between labor and community organizations. Dean and Reynolds demonstrate how alliances organized at the regional level are the most effective tool to build a voice for working people in the workplace, community, and halls of government. The authors draw on their own successes to offer in-depth, contemporary case studies of effective labor-community coalitions. They also outline a concrete strategy for building power at the regional level. This pioneering model presents the regional building blocks for national change. A diverse audience—both within the labor movement and among its allies—will welcome this clear, detailed, and inspiring presentation of regional power-building tactics, which include deep coalition-building, leadership development, policy research, and aggressive political action. A New New Deal explores successful coalitions forged in Los Angeles, Boston, Denver, San Jose, New Haven, and Atlanta toward goals such as universal health insurance for children and sensible redevelopment efforts that benefit workers as well as businesses. The authors view partnerships between labor and grassroots organizations as a mutually beneficial strategy based on shared goals, resulting in a broadened membership base and increased organizational capacity. They make the innovative argument that the labor movement can steward both industry and community and make manifest the ways in which workplace battles are not the parochial concerns of isolated workers, but a fundamental struggle for America's future. Drawing on historical parallels, the authors illustrate how long-term collaborations between labor and community organizations are sowing the seeds of a new New Deal.

Democracy Now!

Democracy Now!
Author: Amy Goodman
Publisher: Simon and Schuster
Total Pages: 359
Release: 2016-04-12
Genre: Political Science
ISBN: 1501123602

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A celebration of the revolutionary change Amy and David Goodman have witnessed during the two decades of their acclaimed television and radio news program Democracy Now!—and how small individual acts from progressive heroes have produced lasting results. In 1996 Amy Goodman began hosting a show called Democracy Now! to focus on the issues and movements that are too often ignored by the corporate media. Today it is the largest public media collaboration in the US. This important book looks back over the past twenty years of Democracy Now! and the powerful movements and charismatic leaders who are re-shaping our world. Goodman takes us along as she goes to where the silence is, bringing out voices from the streets of Ferguson to Staten Island, Wall Street, and South Carolina to East Timor—and other places where people are rising up to demand justice. Giving voice to those who have been forgotten, forsaken, and beaten down by the powerful, Democracy Now! pays tribute to those progressive heroes—the whistleblowers, the organizers, the protestors—who have brought about remarkable, often invisible change over the last couple of decades in seismic ways. This is “an impassioned book aiming to fuel informed participation, outrage, and dissent” (Kirkus Reviews).

The Fight to Vote

The Fight to Vote
Author: Michael Waldman
Publisher: Simon and Schuster
Total Pages: 448
Release: 2022-01-18
Genre: History
ISBN: 1982198931

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On cover, the word "right" has an x drawn over the letter "r" with the letter "f" above it.

Call Sign Chaos

Call Sign Chaos
Author: Jim Mattis
Publisher: Random House
Total Pages: 336
Release: 2019-09-03
Genre: Business & Economics
ISBN: 0812996844

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#1 NEW YORK TIMES BESTSELLER • A clear-eyed account of learning how to lead in a chaotic world, by General Jim Mattis—the former Secretary of Defense and one of the most formidable strategic thinkers of our time—and Bing West, a former assistant secretary of defense and combat Marine. “A four-star general’s five-star memoir.”—The Wall Street Journal Call Sign Chaos is the account of Jim Mattis’s storied career, from wide-ranging leadership roles in three wars to ultimately commanding a quarter of a million troops across the Middle East. Along the way, Mattis recounts his foundational experiences as a leader, extracting the lessons he has learned about the nature of warfighting and peacemaking, the importance of allies, and the strategic dilemmas—and short-sighted thinking—now facing our nation. He makes it clear why America must return to a strategic footing so as not to continue winning battles but fighting inconclusive wars. Mattis divides his book into three parts: Direct Leadership, Executive Leadership, and Strategic Leadership. In the first part, Mattis recalls his early experiences leading Marines into battle, when he knew his troops as well as his own brothers. In the second part, he explores what it means to command thousands of troops and how to adapt your leadership style to ensure your intent is understood by your most junior troops so that they can own their mission. In the third part, Mattis describes the challenges and techniques of leadership at the strategic level, where military leaders reconcile war’s grim realities with political leaders’ human aspirations, where complexity reigns and the consequences of imprudence are severe, even catastrophic. Call Sign Chaos is a memoir of a life of warfighting and lifelong learning, following along as Mattis rises from Marine recruit to four-star general. It is a journey about learning to lead and a story about how he, through constant study and action, developed a unique leadership philosophy, one relevant to us all.

Capital Corruption

Capital Corruption
Author: Amitai Etzioni
Publisher: Transaction Publishers
Total Pages: 364
Release: 1984
Genre: Political Science
ISBN: 9781412819114

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This work is a quality analysis of the problems posed by Political Action Committees in American life. As the author notes in his new introduction: "Political corruption, as measured by campaign contributions of special interests to elected officials, increased significantly in the few years since the first publication of Capital Corruption. The number of PACs rose from 2,551 in 1980 to 4,175 by 1986. The percentage of PAC contribution of total campaign costs increased from 31.4 percent in 1980 to 41.9 percent (House) and 24.5 percent to 27.0 percent (Senate) in 1986." Such data only begin to tell the story of a book which has grown in stature during the decade. Etzioni characterizes Washington as a marketplace where deals are struck, where a special interest group can buy single pieces of legislation or long-run commitments or a whole slew of legislation. Because such purchases are not direct, but elliptical, they fall within the legal system, but for Etzioni, they are beyond the pale of moral or political worthiness. The book provides policy answers to vexing political dilemmas of mass politics today. The volume has been described as "a devastating indictment of our present system of financing elections" (John Anderson); Etzioni has been called "arguably the best political sociologist writing today" (Warren Bennis); and the founder of Common Cause has termed this "a powerful and important book. If it is widely read and understood the nation will benefit" (John Gardner).