You are here

The Predicament ~ David L. Smith

  • The Predicament offers a compelling vision of a new political process, bypassing Big Money and television, as the means of reclaiming a government now held captive by and serving the interests of the moneyed elite, and restoring government to the service of the electorate. --Peter T. Knight, PhD, e-transformation strategist, formerly World Bank economist and Division Chief
  • Paul Krugman: Austerity Is So Wrong!

Described in The Predicament

In The Predicament, economist David L. Smith explains how the present economic, financial and political dysfunctions emerged after the relatively balanced and prosperous Eisenhower years. He reveals "where the bodies are buried," providing liberals with compelling rebuttals to extremist conservative memes, and makes the case for a radical change of direction to avoid further economic, financial and social deterioration; to restore the solvency, prosperity and contentment of the middle class; and to relieve the plight of the poor.  

Identifying the root cause of the American Predicament as the hijacking of the democratic political process by a rich and powerful elite, Mr. Smith proposes a completely new democratic political process to bypass Big Money and television to return the government to the service of We The People. Think of it as "a blueprint for a revolution for the price of a latte."

Full story...

Related:

Paul Krugman: Austerity Is So Wrong! Paul Krugman, Daily Beast

  • In a new book, End This Depression Now!, Nobel Prize–winning economist Paul Krugman says the current economic problems can be fixed both more easily and more quickly than anyone imagines. But politicians’ desire to slash spending is deeply destructive, and he details why austerity is so appealing even to Very Serious People—and why it’s such a bad idea.
  • Scott Walker's Austerity Agenda Yields 'Worst Job Losses in US'
  • Our Best Minds Are Failing Us