Topics

What ever happened to the National Cooperative Bank?

Self-distributed, 1986

WHEN the National Cooperative Bank was created by Congress in 1978, it was the object of some modest hopes.  With offices thoughout the country, it would be a source of capital for new and sometimes risky cooperatives that were shunned by conventional lenders.  A decade later, is a go-go…

View full article...

Confessions of a Socialist Entrepreneur

The Washington Monthly, October 1983

SEVEN years ago, at the age of 34, I decided to become a socialist entrepreneur.  It seemed like a logical calling to pursue.  As a jour­nalist, I’d flung my share of arrows at the big corporations.  But if the left rejected corporate capitalism, we had to show there are some workable alternatives.

View full article...

Unearned Income

The New Republic, June 14, 1975

NOT LONG AGO a West Coast bank president men­tioned to me that a piece of land he had purchased along- side a new state highway had doubled in value in a few years.  His windfall is an example of what John Stuart Mill called the “unearned increment.”

View full article...

Bringing Back the WPA

The New Republic, March 15, 1975

PEOPLE HAVE two main complaints about jobs these days: there aren’t enough of them, and most of those that do exist are pretty unsatisfying.

View full article...

Watched in the Wild

The New Republic, August 21, 1971

FOR THE PAST year and a half I’ve been living on an old dairy ranch about fifty miles north of San Francisco. Not long ago, while I was walking with a female friend near my ranch, two armed Rangers stopped to ask who I was and where I was going.

View full article...

Beyond Antitrust

The New Republic, July 6,1974

ANTITRUST is a criminologist’s approach to economics: it seeks to punish unwanted behavior.  In addition to that, we need public competitors to giant corporations.

View full article...

Lamenting the Rent

The New Republic, April 13, 1974

LIKE SOME 25 MILLION Americans, I pay monthly tribute to an absen­tee landlord for the privilege of having a roof over my head.  A good-sized portion of that is profit for banks, insurance companies, real estate agents and present and past landlords.  Why?

View full article...

The Case for a Tax on Wealth

Business and Society Review, Winter 1974

WEALTHY PERSONS in America enjoy secu­rity, privilege, power, and freedom from demeaning chores.  Some of these benefits derive from wealth itself, others from its unequal distribution.  It is the latter that are properly the concern of the non-wealthy.

View full article...

Kicking the Auto Habit

The New Republic, December 15, 1973

ANGELENO LIFE is unthinkable without the automobile.  But Washing­ton is talking about 10 or 15 gallons weekly gasoline quotas, Sunday closing of gas­oline stations, and immediate cutbacks of diesel fuel and heavy heating oil.

View full article...