Markets, State and Democracy: Lessons from the Economic Crisis

The libertarian model asserts that heavy state intervention in the economy is a threat to human liberty. But the recent history of market-based democracies has shown almost the reverse. The supposedly “small-state” model of the US has instead opened the door to massive inequalities of income, wealth and power.

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Race and the Subprime Crisis: The Future of Minority Neighborhoods

Some critics blame the Community Reinvestment Act for the mortgage meltdown that prompted the current deep recession. Others point to the abuses of subprime lending and Wall Street manipulation. Yet questions about the impact of the economic collapse on African American communities remain unanswered.

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