Pub Date : 2020-08-25DOI: 10.1080/05775132.2020.1810938
R. Hockett
Abstract I briefly lay out the case for expeditious establishment of a National Investment Authority (NIA) or National Investment Council (NIC) of the kinds I have advocated for some years now, or of a National Health Corporation (NHC) such as Jamie Galbraith and Michael Lind have advocated in in the midst of the 2020 COVID pandemic. National investment both in pandemic response and in productive capacity more generally, I argue, present challenges in the nature of classic collective action problems, which require permanent means of regularized collective agency to address. The NHC, NIC, and NIA are successively more ambitious such means, at least one of which must be commenced as expeditiously as possible.
{"title":"Productive Public–Private Partnering in Crisis and Beyond","authors":"R. Hockett","doi":"10.1080/05775132.2020.1810938","DOIUrl":"https://doi.org/10.1080/05775132.2020.1810938","url":null,"abstract":"Abstract I briefly lay out the case for expeditious establishment of a National Investment Authority (NIA) or National Investment Council (NIC) of the kinds I have advocated for some years now, or of a National Health Corporation (NHC) such as Jamie Galbraith and Michael Lind have advocated in in the midst of the 2020 COVID pandemic. National investment both in pandemic response and in productive capacity more generally, I argue, present challenges in the nature of classic collective action problems, which require permanent means of regularized collective agency to address. The NHC, NIC, and NIA are successively more ambitious such means, at least one of which must be commenced as expeditiously as possible.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"11 1","pages":"275 - 285"},"PeriodicalIF":0.0,"publicationDate":"2020-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88244610","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-08-17DOI: 10.1080/05775132.2020.1804757
S. Pressman
In 1969, Robert Paul Wolff published a brilliant book entitled The Ideal of the University. It set forth (and critiqued) four different visions of what a university should be. First, Wolff discusse...
{"title":"A Light in Dark Times: The New School for Social Research and Its University in Exile,","authors":"S. Pressman","doi":"10.1080/05775132.2020.1804757","DOIUrl":"https://doi.org/10.1080/05775132.2020.1804757","url":null,"abstract":"In 1969, Robert Paul Wolff published a brilliant book entitled The Ideal of the University. It set forth (and critiqued) four different visions of what a university should be. First, Wolff discusse...","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"13 1","pages":"378 - 381"},"PeriodicalIF":0.0,"publicationDate":"2020-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78367913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-08-11DOI: 10.1080/05775132.2020.1804751
T. Hungerford
Abstract An accounting convention misleads the public about the effects of Social Security and Medicare on the federal budget. This should be adjusted, argues the author.
一项会计惯例误导了公众关于社会保障和医疗保险对联邦预算的影响。作者认为,这应该进行调整。
{"title":"A Needed Appendectomy and a Modest Social Security Proposal","authors":"T. Hungerford","doi":"10.1080/05775132.2020.1804751","DOIUrl":"https://doi.org/10.1080/05775132.2020.1804751","url":null,"abstract":"Abstract An accounting convention misleads the public about the effects of Social Security and Medicare on the federal budget. This should be adjusted, argues the author.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"38 1","pages":"300 - 304"},"PeriodicalIF":0.0,"publicationDate":"2020-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85806260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-08-10DOI: 10.1080/05775132.2020.1802178
B. Herman
Abstract As of this writing, the Trump Administration has blocked a proposed new allocation of the unique reserve asset issued by the International Monetary Fund (IMF), called the Special Drawing Right (SDR). The proposal has widespread support around the world because it can help ease the financial burden of addressing the Covid-19 pandemic in developing countries and the economic collapse that accompanies it. Moreover, SDRs that sit idle in the reserves of rich countries can be used to financially support developing countries through multilateral institutions. In this way, fiscally strapped donor countries can significantly increase their support for development assistance. However, SDRs are quite esoteric and it seems that the case for a new allocation may be strengthened through a better understanding of what is involved, which is the aim of this paper.
{"title":"What You Really Need to Know about the SDR and How to Make it Work for Multilateral Financing of Developing Countries","authors":"B. Herman","doi":"10.1080/05775132.2020.1802178","DOIUrl":"https://doi.org/10.1080/05775132.2020.1802178","url":null,"abstract":"Abstract As of this writing, the Trump Administration has blocked a proposed new allocation of the unique reserve asset issued by the International Monetary Fund (IMF), called the Special Drawing Right (SDR). The proposal has widespread support around the world because it can help ease the financial burden of addressing the Covid-19 pandemic in developing countries and the economic collapse that accompanies it. Moreover, SDRs that sit idle in the reserves of rich countries can be used to financially support developing countries through multilateral institutions. In this way, fiscally strapped donor countries can significantly increase their support for development assistance. However, SDRs are quite esoteric and it seems that the case for a new allocation may be strengthened through a better understanding of what is involved, which is the aim of this paper.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"19 1","pages":"286 - 299"},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79123682","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-08-04DOI: 10.1080/05775132.2020.1802177
Daniel Alpert
The Great Pandemic of 2020 ripped the bandages that have been barely binding our economy together, to expose the festering underemployment on which it was hobbling along. My Job Quality Index resea...
{"title":"The Business of Changing Minds: Returning the Collective Agency of Government to Its Proper Economic Role","authors":"Daniel Alpert","doi":"10.1080/05775132.2020.1802177","DOIUrl":"https://doi.org/10.1080/05775132.2020.1802177","url":null,"abstract":"The Great Pandemic of 2020 ripped the bandages that have been barely binding our economy together, to expose the festering underemployment on which it was hobbling along. My Job Quality Index resea...","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"24 1","pages":"264 - 274"},"PeriodicalIF":0.0,"publicationDate":"2020-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73157316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-07-03DOI: 10.1080/05775132.2020.1795799
John Balder
Abstract For more than four decades, free market policies and ideology–Neoliberalism, aka, Washington Consensus or Market Fundamentalism–have reshaped the US and global economic system. A naive reading of the virtues of Adam Smith’s “invisible hand” resulted in the lifting of constraints imposed during the 1930s on US financial institutions and markets. The decision to embrace neoliberal practices has been politically determined; it is not a natural state. The originator of neoliberal thought, Friedrich von Hayek, reportedly stated that he would prioritize “free markets” over democratic freedoms and human rights (as the ultimate expression of “freedom”).1 We will show that the verdict of these policies has “failed the marketplace test” when viewed from the vantage point of the median wage-earner.
四十多年来,自由市场政策和意识形态——新自由主义,又称华盛顿共识或市场原教旨主义——重塑了美国和全球经济体系。对亚当•斯密(Adam Smith)“看不见的手”(invisible hand)优点的天真解读,解除了上世纪30年代对美国金融机构和市场施加的限制。接受新自由主义实践的决定是由政治决定的;这不是一种自然状态。据报道,新自由主义思想的创始人弗里德里希·冯·哈耶克(Friedrich von Hayek)表示,他将把“自由市场”置于民主自由和人权之上(作为“自由”的终极表达)我们将证明,从中等收入者的角度来看,这些政策的判决“未能通过市场测试”。
{"title":"Reversing Financialization and Restoring Government","authors":"John Balder","doi":"10.1080/05775132.2020.1795799","DOIUrl":"https://doi.org/10.1080/05775132.2020.1795799","url":null,"abstract":"Abstract For more than four decades, free market policies and ideology–Neoliberalism, aka, Washington Consensus or Market Fundamentalism–have reshaped the US and global economic system. A naive reading of the virtues of Adam Smith’s “invisible hand” resulted in the lifting of constraints imposed during the 1930s on US financial institutions and markets. The decision to embrace neoliberal practices has been politically determined; it is not a natural state. The originator of neoliberal thought, Friedrich von Hayek, reportedly stated that he would prioritize “free markets” over democratic freedoms and human rights (as the ultimate expression of “freedom”).1 We will show that the verdict of these policies has “failed the marketplace test” when viewed from the vantage point of the median wage-earner.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"39 1","pages":"184 - 200"},"PeriodicalIF":0.0,"publicationDate":"2020-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74680886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-01DOI: 10.1080/05775132.2020.1764247
D. May, Christopher Mackin
Abstract Dick May and Chris Mackin think way out of the box. They offer here a radically different version of corporate governance for America to address multiple, profound concerns. They also propose a broad, expansive reconstructin corporation for the nation.
{"title":"Responding to the COVID-19 Crisis: Public Policy and Corporate Governance Considerations","authors":"D. May, Christopher Mackin","doi":"10.1080/05775132.2020.1764247","DOIUrl":"https://doi.org/10.1080/05775132.2020.1764247","url":null,"abstract":"Abstract Dick May and Chris Mackin think way out of the box. They offer here a radically different version of corporate governance for America to address multiple, profound concerns. They also propose a broad, expansive reconstructin corporation for the nation.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"12 1","pages":"234 - 238"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85508784","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-01DOI: 10.1080/05775132.2020.1764249
Mildred Rein
The choice of a presidential nominee for the American 2020 election has turned out to be a major turning point in the life of the Democratic party. Perhaps, never before had there been such a stron...
{"title":"The End of Ideology, and the Choice for a Democratic Nominee for President","authors":"Mildred Rein","doi":"10.1080/05775132.2020.1764249","DOIUrl":"https://doi.org/10.1080/05775132.2020.1764249","url":null,"abstract":"The choice of a presidential nominee for the American 2020 election has turned out to be a major turning point in the life of the Democratic party. Perhaps, never before had there been such a stron...","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"582 1","pages":"239 - 242"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76586364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-04-22DOI: 10.1080/05775132.2020.1723290
C. Weller, M. Tolson
Abstract Women still do most of the caregiving in our families. What goes too little noticed is that it prevents them from saving adequately for retirement. The authors examine the evidence and it is convincing.
{"title":"The Retirement Savings Penalty Borne by Women","authors":"C. Weller, M. Tolson","doi":"10.1080/05775132.2020.1723290","DOIUrl":"https://doi.org/10.1080/05775132.2020.1723290","url":null,"abstract":"Abstract Women still do most of the caregiving in our families. What goes too little noticed is that it prevents them from saving adequately for retirement. The authors examine the evidence and it is convincing.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"85 1","pages":"201 - 218"},"PeriodicalIF":0.0,"publicationDate":"2020-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73704824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}