Analysis

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Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right

-Jayne Mayer Why live in an age of profound economic inequality? Why, despite the desperate need to address climate change, have even modest environmental efforts been defeated again and again? Why have protections for employees been decimated? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? The conventional answer is that a popular uprising against “big government” led to the ascendancy of a broad-based conservative movement. But as Jane Mayer shows in this powerful, meticulously reported history, a network of exceedingly wealthy people with extreme libertarian views bankrolled a systematic, step-by-step plan to fundamentally alter the American political system. The network has brought together some of the richest people on the planet. Their core beliefs—that taxes are a form of tyranny; that government oversight of business is an assault on freedom—are sincerely held. But these beliefs also advance their personal and corporate interests: Many of their companies have run afoul of federal pollution, worker safety, securities, and tax laws. The chief figures in the network are Charles and David Koch, whose father made his fortune in part by building oil refineries in Stalin’s Russia and Hitler’s Germany. The patriarch later was a founding member of the John Birch Society, whose politics were so radical it believed Dwight Eisenhower was a communist. The brothers were schooled in a political philosophy that asserted the only role of government is to provide security and to enforce property rights. When libertarian ideas proved decidedly unpopular with voters, the Koch brothers and their allies chose another path. If they pooled their vast resources, they could fund an interlocking array of organisations that could work in tandem to influence and ultimately control academic institutions, think tanks, the courts, statehouses, Congress, and, they hoped, the presidency. Richard Mellon Scaife, the mercurial heir to […]

Power Failure TM

Power Failure: The Rise and Fall of an American Icon

The dramatic rise-and unimaginable fall-of America’s most iconic corporation. -William D. Cohan No company embodied American ingenuity, innovation, and industrial power more spectacularly and more consistently than the General Electric Company. GE once developed and manufactured many of the inventions we take for granted today, nearly everything from the lightbulb to the jet engine. GE also built a cult of financial and leadership success envied across the globe and became the world’s most valuable and most admired company. But even at the height of its prestige and influence, cracks were forming in its formidable foundation. In a masterful re-appraisal of a company that once claimed to “bring good things to life,”  William D. Cohan argues that the incredible story of GE’s rise and fall is not only a paragon, but also a prism through which we can better understand American capitalism. Beginning with its founding, innovations, and exponential growth through acquisitions and mergers, Cohan plumbs the depths of GE’s storied management culture, its pioneering doctrine of shareholder value, and its seemingly hidden blind spots, to reveal that GE wasn’t immune from the hubris and avoidable mistakes suffered by many other corporations. In Power Failure, Cohan punctures the myth of GE, exploring in a rich narrative how a once-great company wound up broken and in tatters-a cautionary tale for the ages.

Demon Copperhead TM

Book Review: Demon Copperhead by Barbara Kingsolver

Winner of the 2023 Pulitzer Prize * Winner of the Women’s Prize for Fiction A voice for the ages—akin to Huck Finn or Holden Caulfield, but more resilient. From the acclaimed author of The Poisonwood Bible and The Bean Trees, this is a brilliant novel that enthralls, compels, and captures the heart as it evokes a young hero’s unforgettable journey to maturity. Set in the mountains of southern Appalachia, Demon Copperhead is the story of a boy born to a teenaged single mother in a single-wide trailer, with no assets beyond his dead father’s good looks and copper-colored hair, a caustic wit, and a fierce talent for survival. Relayed in his own unsparing voice, Demon braves the modern perils of foster care, child labor, derelict schools, athletic success, addiction, disastrous loves, and crushing losses. Through all of it, he reckons with his own invisibility in a popular culture where even the superheroes have abandoned rural people in favor of cities. Many generations ago, Charles Dickens wrote David Copperfield from his experience as a survivor of institutional poverty and its damages to children in his society. Those problems have yet to be solved in ours. Dickens is not a prerequisite for readers of this novel, but he provided its inspiration. In transposing a Victorian epic novel to the contemporary American South, Barbara Kingsolver enlists Dickens’ anger and compassion, and above all, his faith in the transformative powers of a good story. Demon Copperhead speaks for a new generation of lost boys, and all those born into beautiful, cursed places they can’t imagine leaving behind.

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Daniel Ellsberg

-Doug Green, publisher, The Mirror Daniel Ellsberg has died; he was 92 years old. He suffered from pancreatic cancer. A graduate of Harvard, he volunteered to go to Vietnam as a marine, a decision that made him determined to do everything he could to stop the war. His notoriety came from him helping to write – and then releasing in 1971 – The Pentagon Papers, a monolithic 7,000-word, top secret document, which detailed two decades of lies about the war in Vietnam. The papers were released to the New York times and ultimately led to the impeachment of Richard Nixon. The “Plumbers”, set up in the basement at Watergate, was done so to discredit Ellsberg – their primary goal. The White House established this plan to destroy him; however, through their illegal activities and practices Ellsberg was found not guilty of treason. At one stage he was facing prison time of 115 years. In 2003 he wrote a book called Secrets, about his foreign policy career and the FBI undertook a nationwide search for him to no avail. At the same time, he continued to distribute copies of The Pentagon Papers. Funnily enough, Secrets came out in the same year that the false war on Iraq was declared. A documentary about Daniel Ellsberg’s life, ‘The Most Dangerous Man in America’ was released in 2010, nominated for an Academy Award. It is hard to find these days to watch. To the end he was supporting those against nuclear weapons and of Taiwan. He was a long-time friend of Noam Chomsky. He lived by his convictions…the type of person we need more of in the world today.        

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Johnson at 10: The Inside Story

by Anthony Seldon & Raymond Newell The UK  had Magaret Thatcher and Teresa May who held the ship steady for a few years. Tony Blair, an American ‘poodle’, David Cameron ex-PR, and more lately, Lis Trusk, here and gone in five minutes and of course, Boris Johnson, almost as unhinged as that bloke in the USA who was president before this current one. Across Australasia Paul Keating was one of the better leaders, and in Singapore Lee Kuan Yew. But back to Boris… After his dramatic rise to power in the summer of 2019 amid the Brexit deadlock, Boris Johnson presided over the most turbulent period of British history in living memory. Beginning with the controversial prorogation of Parliament in August and the historic landslide election victory later that year, Johnson was barely through the door of No. 10 when Britain was engulfed by a series of crises that will define its place in the world for decades to come. From the agonising upheaval of Brexit and the devastating Covid-19 pandemic to the nerve-shredding crisis in Afghanistan and the outbreak of war in Ukraine, Johnson’s government ultimately unravelled after just three years. This gripping behind-the-scenes work of contemporary history maps Johnson’s time in power from start to finish and sheds new light on the most divisive Prime Minister to have led the United Kingdom since Thatcher. Based on more than 200 interviews with key aides, allies and insiders, Johnson at 10 gives the first full account of Johnson’s premiership, the shockwaves of which are still felt today. There was utter chaos inside 10 Downing Street where Johnson took huge risks with the truth and malleable principles. His ineptness performing the basic functions are here for all to see. -Doug Green, Publisher, The Mirror  www.themirrorinspires.com

The crisis of TM

The Crisis of Democratic Capitalism

From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic. Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States and England. Around the world, powerful voices argue that capitalism is better without democracy; others argue that democracy is better without capitalism. This book is a forceful rejoinder to both views. Even as it offers a deep, lucid assessment of why this marriage has grown so strained, it makes clear why a divorce of capitalism from democracy would be a calamity for the world. They need each other even if they find it hard to life together. For all its flaws, argues Wolf, democratic capitalism remains far and away the best system for human flourishing. But something has gone seriously awry: the growth of prosperity has slowed, and the division of its fruits between the hypersuccessful few and the rest has become more unequal. The plutocrats have retreated to their bastions, where they pour scorn on government’s ability to invest in the public goods needed to foster opportunity and sustainability. But the incoming flood of autocracy will rise to overwhelm them, too, in the end. Citizenship is not just a slogan or a romantic idea; it’s the only idea that can save us, Wolf argues. Nothing has ever harmonised political and economic freedom better than a shared faith in the […]

Trump TM

Trump’s unprecedented call for protests is the latest sign of his aim to degrade America’s institutions

-Shelley Inglis, Executive Director, University of Dayton Human Rights Center, University of Dayton In a social media post on March 18, 2023, former President Donald Trump announced that he would be arrested on March 21 on charges stemming from an investigation led by Manhattan District Attorney Alvin Bragg. Bragg’s office is probing hush-money payments to Stormy Daniels, an adult film star, which were allegedly made to spare candidate Trump embarrassment on the eve of the 2016 presidential election.  Scholar Shelley Inglis spent more than 15 years with the United Nations, where she advised governments and democracy advocates on how to strengthen the rule of law, human rights and democratic governance. We asked her about Trump’s post. What did you think about when you heard his call for protests? Let me begin by quickly describing populism, because it’s important to my thoughts about Trump’s post. Populist movements portray “the people in a moral battle against elites,” as scholars Jane Mansbridge and Stephen Macedo describe it. Some level of populism is inherent in democracies where candidates appeal to be elected by “the people.” But what I call autocratic populists use this narrative to claim they are the sole voice of “the people” and those against them are “bad” or even “evil.” They undermine any and all opposition to them and attempts to hold them accountable, including independent institutions like courts, elections and the media. This is how such populists become so dangerous for democracy and the rule of law. Members of the media set up cameras in front of the courthouse on March 20, 2023, in New York, ahead of former President Donald Trump’s anticipated indictment. AP Photo/Eduardo Munoz Alvarez Trump has that autocrat’s populism, in which he says that not only is he anti-elite but that he is “the only one” who can represent the people and […]

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Getting to Diversity

“Too many companies don’t know how to walk the walk of diversity, equity, and inclusion. Getting to Diversity shows them how.”—Lori George Billingsley, former Global Chief DEI Officer, Coca-Cola Company In an authoritative, data-driven account, two of the world’s leading management experts challenge dominant approaches to increasing workplace diversity and provide a comprehensive account of what really works. Every year America becomes more diverse, but change in the makeup of the management ranks has stalled. The problem has become an urgent matter of national debate. How do we fix it? Bestselling books preach moral reformation. Employers, however well intentioned, follow guesswork and whatever their peers happen to be doing. Arguing that it’s time to focus on changing systems rather than individuals, two of the world’s leading experts on workplace diversity show us a better way in the first comprehensive, data-driven analysis of what succeeds and what fails. Frank Dobbin and Alexandra Kalev draw on more than thirty years of data from eight hundred companies as well as in-depth interviews with managers. The research shows just how little companies gain from standard practice: sending managers to diversity training to reveal their biases, then following up with hiring and promotion rules, and sanctions, to shape their behavior. Almost nothing changes. It’s time, Dobbin and Kalev argue, to focus on changing the management systems that make it hard for women and people of color to succeed. They show us how the best firms are pioneering new recruitment, mentoring, and skill training systems, and implementing strategies for mixing segregated work groups to increase diversity. They explain what a difference ambitious work–life programs make. And they argue that as firms adopt new systems, the key to making them work is to make them accessible to all—not just the favored few. Powerful, authoritative, and driven by a commitment […]

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