Wednesday, January 6, 2010

Business Week, the liberal weekly news magazine

Articles in Jan 11 issue of Business Week:

1. An article on how companies and nations systematically under report their pollutant emissions.
2. An interview with Paul Volcker calling for the breakup of big banks.
3.An article on how radical financial reform envisioned following the 2008 bust has been gutted by financial lobbyists and their pals the New Democrats."
4.  Article on how new Chair Schapiro of the SEC is caving in to business pressure.
5. A muckraking article on how private universities are collecting huge sum of GI bill money without delivering quality education.


So why would a business magazine appear every week publishing works generally to the left of Newsweek?   These guys represent the most modern (and most liberal) wing of capitalism.   They know that unvarnished and unregulated capitalism doesn't work and thus sows the seeds of its own demise.   The existence of this liberal bent of corporate America has been described by such still relevant works as James Weinstein's Corporate Ideal and the Liberal State.




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