"HEALTH INSURERS PUSH PREMIUMS Sharply Higher" headlines today's NY Times, with double-digit increases of up to 80 percent at a time when premiums are averaging over $15,000 a year (up 9 percent from the previous year!)
The following is a report from the Occupy Wall Street protest march from which I am now on the train returning home.
[The following appeared as a contribution to a symposium on electoral politics in the September 2011 issue of Yankee Radical, DSA’s Boston-area socialist monthly. While the piece makes reference in places to the perspectives of a particular organization, its analysis is meant to apply to a broad swath of the US left as well.]
AT THE BEGINNING OF THE NEW MILLENNIUM, Greece, a weak, peripheral nation in the European economy, was still licking its wounds from the greatest politico-financial scandal in its post-war history — the collapse of the Athens stock exchange. The wild stock market speculation had been fueled by often-repeated statements from various government officials (with Finance Minister Yiannos Papantoniou leading the chorus) that the upward trend was an accurate reflection of the robust state of the real economy.
An overflow crowd at New York’s Brecht Forum on Sept. 18 commemorated the life of the late journalist, author, scholar, educator, activist, union organizer and frequent New Politics contributor Bob Fitch, who died in March after complications from a fall. Among the speakers were Bertell Ollman, Steve Bronner, Doug Henwood, Christian Parenti, Jonathan Fitch and NP‘s Michael Hirsch. Below are Hirsch’s remarks.
With all the advocacy efforts expended over the last 20 years, it might be reasonable to expect some results by now for the Single Payer (SP) movement. Of course, SP would be a great way to provide health insurance in America. Instead of thousands of private insurance companies (payers for health care services) competing with each other to see who can fool the most people, there would be one source of payment, the federal government, for doctors, clinics and hospitals.
On Thursday, House Speaker John Boehner told the Economic Club of Washington, DC, “Job creators in America are essentially on strike.”
He was quite right. Although most people have heard of a strike by workers, capital too can go on strike, and often has done so to achieve its political and economic goals.
Economists Sam Bowles and Herb Gintis explained in their book Democracy and Capitalism how the capital strike works:
[Originally published as an Op-Ed, Indianapolis Peace and Justice Journal, October 2008. Updated, corrected and partially rewritten, January, May and September 2011. ]
President Obama outlined his new American Jobs Act before a packed Congress, more than half of whom believe the poor and jobless are undertaxed moochers and that the government does not create jobs. The Democrats will have their hands full.
MEANS-TESTING SOCIAL SECURITY is a proposal that some policy-makers are considering. That would be the beginning of the end for the program. When Social Security was first begun, in 1935 during the administration of Franklin D. Roosevelt, some people proposed means-testing it as they means-tested Aid to Dependent Children (now TANF, Temporary Assistance to Needy Families). Roosevelt resisted it, knowing that would make it politically vulnerable. In order to protect it, Social Security needed to be universal. The rich as well as the poor would receive it.
Ohio’s working people—both those with jobs, the unemployed and their families—are under attack as they have not been for decades. And this is not just in Ohio. From Wisconsin to Florida, from California to New York, employers, the media and politicians are working 24/7 to lower our wages, reduce our benefits, postpone our retirement, cut social services such as health and education, and in many other ways large and small to take away hard-won gains from working people in order to increase profits for the corporations and dividends for the wealthy.