The American Prospect

California’s Bullet Train Goes Off the Rails

AP Photo/Rich Pedroncelli, file A segment of a new high-speed rail corridor under construction in Fresno, California A week after the introduction of the Green New Deal resolution, designed to build an inclusive economy while fighting the climate crisis, the textbook version of such a project has been essentially cancelled....

How the Public Employee Unions Refused to Die

Teachers from across Kentucky gather inside the State Capitol during a rally for increased education funding in Frankfort.  When the Supreme Court ruled last June in the Janus case that government employees can’t be required to pay any fees to the unions that bargain for them, the common wisdom was the...

The Disaster of Howard Schultz

AP Photo/Ted S. Warren Former Starbucks CEO Howard Schultz speaks in Seattle.  There are three big reasons why Howard Schultz’s self-proclaimed candidacy is troubling:  1. He could be a spoiler in 2020, splitting the vote and putting Trump back in the White House. Even Bill Burton, a former Obama adviser who...

Bernie Sanders and Chuck Schumer’s Surprising Collaboration — and Weird Proposal — on Stock Buybacks

Bill Clark/CQ Roll Call via AP Images Senate Minority Leader Chuck Schumer listens as Senate Budget ranking member Bernie Sanders speaks during the news conference in Washington.  Chuck Schumer and Bernie Sanders went to the same high school in Brooklyn, but that’s about all they shared in common until an op-ed in Monday’s New York Times. The subject is stock buybacks, the...

Building Worker Solidarity Across Borders

Mayday Productions BPO Industry Employees Network (BIEN) activists rally in Manila on November 30, 2018, for better working conditions in the business process outsourcing (BPO) industry. (November 30, the anniversary of the birth of Andrés Bonifacio, a leader of the Philippine revolution against Spanish colonization, is traditionally...

The Trump Appointee Delivering a Jackpot for Hedge Funds

Tom Williams/CQ Roll Call/via AP Images Comptroller of the Currency Joseph M. Otting testifies during a Senate Banking Committee hearing.  When Mick Mulvaney became acting director of the Consumer Financial Protection Bureau in November 2017, there was outrage over Trump installing a crony with designs on destroying the agency that...

The Fall of Davos Man

AP Photo/Markus Schreiber Attendees arrive at the 2019 World Economic Forum in Davos, Switzerland.  The annual confab of the captains of global industry, finance, and wealth is underway in Davos, Switzerland, at the World Economic Forum.  Meanwhile, Oxfam reports that the wealth of the 2,200 billionaires across the globe...

Growers Sue to Roll Back Farm Workers’ Wages

David Bacon Central Valley farm workers organize in McFarland.  Capital & Main is an award-winning publication that reports from California on economic, political and social issues. The American Prospect is co-publishing this piece. California growershave complained of a tight labor market for years. And President Trump’s dispatch of military units to the...

Trump’s Assault on the Rule of Law

Olivier Douliery/ Abaca Press/Sipa via AP Images President Donald Trump's silhouette is seen in the window of the Oval Office as he departs the White House The “rule of law” distinguishes democracies from dictatorships. It’s based on three fundamental principles. Trump is violating every one of them. The first...