Merck to pay $950 million to settle U.S. Vioxx charge - Health - msnbc.com
This article reinforces the idea that we have returned to the Robber Baron era. For corporations like Merck, breaking the law is simply a cost of doing business. They lack any sense of civic responsibility. The only way to reverse this is to hold the people who run these companies legally responsible and give them jail time for the criminal acts that their companies commit under their leadership. Ultimately, perhaps the solution is to hold their stockholders responsible for financing criminal activity. That would be one small step toward public accountability.
Wednesday, November 23, 2011
Sunday, October 30, 2011
Net Generation as the "Occupant" Generation
In 2005, Diana Oblinger and James Oblinger first defined
what they call the “Net Generation”—a generation born in or after 1982 who have
lived their entire lives in the era of the Internet. If Baby Boomers were defined by television and Generation X
by video gaming, the Net Generation is defined by the Web and online
communities.
They are, in effect, the emerging American society.
This month, as the Occupy Wall Street phenomenon morphed
from a localized protest in New York to a global movement, it became clear that
the Net Generation is also the “Occupant”
Generation. They were
born at the beginning of the Reagan Revolution and have lived all their lives
in an era where one’s identity in the broader society as “citizen” has been
replaced by “consumer.” They are
the increasingly disenfranchised victims of a corporate plutocracy that has
reamed out the core of our culture and, one might expect, left little for this
generation to strive for—except for righting the wrongs that have been done to
their society.
And, perhaps, creating a very different society in the
vacuum that the financial 1 percenters have left in the wake of their greed.
In Educating the Net
Generation (EDUCAUSE 2005, available at www.educause.edu/educatingthenetgen/
) the Oblingers reported several unifying characteristics that Howe and
Strauss described of this generation, which has also been called the Millennial
Generation:
·
They tend to gravitate toward group activity.
·
They believe that “it’s cool to be smart” and
focus on academic performance.
·
They get involved in extracurricular activities.
·
They are close to their parents and identify
with their parents’ values.
·
They tend to respect social conventions and
institutions.
·
They are fascinated by new technologies.
·
They are racially and ethnically diverse.
They also noted that, while this generation is very mobile, it is also always connected and most are experiential learners—they prefer learning by doing, an exploratory style that, note the Oblingers, “enables them to better retain information and use it in creative, meaningful ways.” Some other preferences:
·
They prefer to work in teams.
·
They prefer structure to ambiguity.
·
They are oriented toward inductive discovery or
observation, formulating hypotheses, and figuring out rules.
·
They crave interactivity.
·
They eagerly participate in community activity.
·
They believe they can make a difference.
The same characteristics that made
this a unique generation of learners may also serve to help them confront imbalance
between the people, through our government, and increasingly international
corporate forces. The challenge is
to create a new balance in society between corporations and our government. In many ways the task before them is
much more difficult than what the Baby Boomers faced in the 1960s. Then, we still lived in a mixed economy
in which there was agreement that government should respond to society’s needs
and protect people from the excesses of the private economy. Today, the government, while still a
potential ally, is weakened by a generation of deregulation. The Net Generation, with its
willingness to engage as a community—to be more than consumers—can overcome the
current ambiguity about the role of government and create a society that will
truly make a difference.
The Occupy movement is an
important step toward that goal.
Monday, October 24, 2011
Sachs' "Mixed Economy"--A Middle Path
I am continuing to read Jeffrey Sachs’ The Price of Civilization.
It is like taking a crash course in modern economics. Sachs’ discussion of the current
political and cultural context of economics makes me think that the struggle is
not between two opposing views of how to manage government within the context
of our constitutional democracy.
Instead, I am beginning to think that the struggle is between democracy
itself and a plutocracy in which a tiny minority of super-rich elites rule on
the backs of an increasingly poor working class, buffered by a small
professional class.
To find a counterpart, I suspect we need to look back not to
the Roaring Twenties or the Gilded Age of the Industrial period, but further to
the landed aristocracy of the agrarian Middle Ages. While that aristocracy was based on land—the proper form of
wealth in an agrarian era—today’s aristocracy is based on market wealth, a
wealth that manipulates markets rather than produce goods that improve the
lives of people. Just as the
landed barons controlled the government of the Middle Ages, the corporate/finance
barons are attempting to control democratic government today, rending it in the
words of one presidential candidate, “inconsequential” and opening the door to
direct corporate control.
Ultimately, I suspect, this is what the Occupy Wall Street
demonstrators are really rallying against. And, I further suspect, it is what concerned the Tea Party
before they were taken over by the plutocrats. At its most absolute, the fight, is not just to
determine which political party will control government. The fight is for idea of democracy
itself.
That said, it is absolutely essential that people not drift
to extremes. Neither a corporate
plutocracy, in which government is inconsequential, nor a socialist government,
in which the market is controlled centrally, are likely to produce long-term
health for society. What has proven to be successful—and which
made the United States the most successful country in the world for most of the
20th century—according to Sachs is a mixed economy, in which corporations are generally free to produce
goods and service and the government serves to do those things that are
necessary for a happy life but that do not produce profit: build roads and train systems, create
levees and dams to control rivers and avoid floods, fund basic research that
often has no immediate profit value.
And, I would add, regulate the activities of corporations only so that
they do not work against the best interests of the population as a whole.
Ultimately, we need to focus not on the extremes, but on the balance—the mix, if you will—between these two aspects of a healthy democratic
society. Government and business
are the Yin and Yang of a successful economy. Together—as we found in the half-century between the Great
Depression and the Reagan Revolution—they can create a wonderful society. As we have seen elsewhere in the world,
without that balance one gets failure at either extreme, whether it be the
socialism of the USSR or the plutocratic oil dictatorships of the Middle East
that are now being dismantled by the Arab Spring.
Moderation, rather than extreme idealogy, is the key. We need to reward politicians who have
a long view and who are able to see the value of a diverse American “us.”
Sunday, October 9, 2011
Jane Addams and the Tea Party
I am re-reading Jane Addams’ wonderful "Twenty Years at Hull-House." In explaining the spirit with which she founded her settlement house in 1890s Chicago, she wrote that it was driven, in part by “the conviction, in the words of Canon Barnett, that the things that make men alike are finer and better than the things that keep them apart, and that these basic likenesses, if they are properly accentuated, easily transcend the less essential differences of race, language, creed, and tradition." Addams, of course, was speaking about the importance of integrating into American life the millions of immigrants who had been attracted to the United States at the height of the Industrial Revolution. However, her words also set an expectation for us today.
American-style democracy thrives on our ability to find aworkable middle—a place where are “basic likenesses” outweigh the things thatkeep us apart enough for us to fulfill the purpose of our federal government as declared in the opening sentence of the Constitution: “. . . to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity . . .” I would like to think that I could identify some “basic likenesses” with the Tea Party members of Congress. However, it does not come easily.
The Tea Party, which declared its purpose during the last election as being “to take back our country” (they did not say from whom), can be expected to become even more radical and less prone to compromise now that they have won a big victory. These right wing extremists have set themselves so arrogantly apart from the mainstream of our country, that, right now at least, I cannot find common ground with them. They, in turn,seek no common ground with anyone who does not share their ideology.
I hope that our politicians are able to find a way to build a workable middle ground in this environment.
Saturday, October 8, 2011
Civic Virtue
Jeffrey Sachs begins his new book The Price of Civilization with this statement:
At the root of America’s economic
crisis lies a moral crisis: the
decline of civic virtue among America’s political and economic elite. A society of markets, laws, and
elections is not enough if the rich and powerful fail to behave with respect,
honesty, and compassion toward the rest of society and toward the world. America has developed the world’s most
competitive market society but has squandered it civic virtue along the
way. Without restoring an ethos of
social responsibility, there can be no meaningful and sustained economic
recovery.
It is a statement that sheds light on the ongoing debate
about Social Security.
Republican
Presidential candidate Rick Perry has called Social Security a “Ponzi scheme”—a
fraud by which the government cheats taxpayers—“investors” in Perry’s analogy—by
not returning full value on their investment but instead using it to pay out
funds to others. Perry’s accusation is a good example of
the civic blindness that has infected conservative thinking in the U.S.
Social
Security is not the equivalent of an
individual retirement account.
Instead, it is a kind of publicly funded insurance policy. Behind it is a key assumption: that those of us who have been able to
make a good living will ensure that our neighbors who have not done as well
will still be able to retire with a modicum of dignity. The “return on investment” of Society
Security is not what the well-off take out of it, but that our elderly neighbors
in need don’t go hungry.
In
the early run-up to the 2012 presidential primaries, we have heard candidates
for the highest office in the land suggest that those who cannot afford health
care should simply die and that those who don’t have jobs should simply go out
and get one. The lack of
compassion among these people—and, by extension, in the general population that
keeps these folks thinking they have a chance at being our President—is appalling. Moreover, as Sachs suggests, it bodes
ill for our country’s long-term health.
Sachs’
book suggests that civic virtue and prosperity go hand in hand. I would love to hear a debate among the
candidates about how they define these terms. What constitutes “civic virtue” for a Presidential candidate
who advocates a government that is inconsequential? Is a society in which one percent of the population
control 20 percent of the wealth a “prosperous society?” Or is it a poor society with a handful
of very rich plutocrats?
I
hope that we can get to a debate about these issues in the months ahead.
Saturday, October 1, 2011
NYT: Forests dying off as world's climate warms - Technology & science - The New York Times - msnbc.com
Here is a detailed report on how global warming is resulting in a not-so-gradual killing off of forests around the world, as insects that used to be controlled by cold weather are living to become invasive.
The article notes that richer nations will need to fund the work that is needed to stop this trend. Given today's political climate, it is hard to imagine that we can come together as a community to fight global warming at this level. It is sad to think what we stand to lose because of wrong-headed politics and radical ideologies.
We can make progress--and save countless lives--only by working together. It is time for a little humility in our politics.
NYT: Forests dying off as world's climate warms - Technology & science - The New York Times - msnbc.com
The article notes that richer nations will need to fund the work that is needed to stop this trend. Given today's political climate, it is hard to imagine that we can come together as a community to fight global warming at this level. It is sad to think what we stand to lose because of wrong-headed politics and radical ideologies.
We can make progress--and save countless lives--only by working together. It is time for a little humility in our politics.
NYT: Forests dying off as world's climate warms - Technology & science - The New York Times - msnbc.com
Saturday, September 24, 2011
Social Security: The Individual and Society
Texas Governor Rick Perry
continues to stand behind his comment that Social Security is a “Ponzi
scheme.” He could be more wrong,
and his statement reveals much about how he sees the role of government and,
indeed, the fundamental nature of a democratic society.
First, let’s get something
straight. A Ponzi scheme is
defined by Wikipedia as “a fraudulent investment operation that pays returns to
separate investors, not from any actual profit earned by the organization, but
from their own money or money paid by subsequent investors.” Social Security is not an
individual investment. It is, as
its name suggests, a way that the people of the United States, through our
constitutional democracy, have agreed, over several generations now, to set
aside funds to ensure that everyone who needs it has access to a modicum of
income during their retirement years. The problem with Social Security is not
that it was set up to be deceptive; it is that (1) because of the phenomenon of
aging Baby Boomers, the ratio of young to old people has changed since Social
Security was designed in the 1930s and (2) people are living much longer than
they did in the 1930s. These two
factors put a stress on the ability to maintain the Social Security funds: Relatively fewer people are supporting
a relatively larger group of senior citizens who are living longer.
There is no question that
Social Security needs to be adjusted so that it can continue to work in the
years ahead. However, that is no
excuse for a Presidential candidate to call it a criminal act. Either Rick Perry is incredibly uneducated or he is incredibly immoral—willing to knowingly tell lies in order to attract money and support from an ideological fringe group. Or, perhaps, he simply is unable to see how the interests of individuals relate to the interests of the broader community in which they live. No wonder, in that case, that, as
Governor, he spoke favorably about Texas seceding from the United States.
One is tempted to laugh at
this kind of foolishness. But that
would be a mistake.
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