The mass shooting of young children in Connecticut rightly set off a national outcry about gun control, and the sexual abuse of boys at Penn State justly brought strong condemnation from the NCAA and state officials.
To anyone who lived through Ronald Reagan’s presidency, it’s a familiar story. It begins with a detailed description of a woman living high off the hog on welfare. Then it asserts that runaway social spending poses a threat to economic growth and well-being. The up-close-and-personal touch makes a more memorable case for austerity than an argument based on numbers like debt ratios and growth rates.
Some of the most vivid political rhetoric of 2012 reflects a debate that has lasted centuries. Who are the makers and who are the takers? Much economic theory revolves around efforts to distinguish the two. The conceptual effort is motivated by noble intent: presumably, a good economic system encourages making (creating more to go around) and discourages taking (redistributing what others have made).
Some politicians are still calling contraception a social evil. This is an astonishing claim in the 21st Century when all the evidence is that contraception is key to a more successful economy and a better quality of life – not only for individual women and their families, but for us all.
"In this superb piece, Riane Eisler tries to untangle the limitations of both capitalism and socialism. There is no place for a caring economy in these models -- no value given to caring for our trees or, as emphasized in this piece, our children. New models are needed, and the author presents the beginning of one. If economics moves in any direction, it should be this one." Jeff Madrick, Challenge Editor.