Markets are interested in profits and profits only; service, quality, and general affluence are different functions altogether. The universal, democratic prosperity that Americans now look back to with such nostalgia was achieved only by a colossal reigning in of markets, by the gargantuan effort of mass, popular organizations like labor unions and of the people themselves, working through a series of democratically elected governments not daunted by the myths of the market.
Thomas FrankJournalism has a special, hallowed place for stories of its practitioners' persecution.
Thomas FrankMassive inequality, we have learned, isn't the best way to run an economy after all. And when you think about it, it's also profoundly ugly.
Thomas FrankAbove all else stands the burning question of bipartisanship. Whatever else the politicians might say they're about, our news analysts know that this is the true object of the nation's desire, the topic to which those slippery presidential spokesmen need always to be dragged back.
Thomas Frank