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Claudia Rankine Challenges White Teachers, Pities White Racists

Boris Kachka Vulture
Claudia Rankine, is better known for broadsides than bromides. Her stated topic at the annual AWP conference was “what keeps us uncomfortable in each other’s presence” or, more specifically, what she sees as persistent racial tokenism in MFA workshops.

What ‘White Folks Who Teach in the Hood’ Get Wrong About Education

KENYA DOWNS PBS NewsHour
Dr. Chris Emdin, who is also the university’s associate director of the Institute for Urban and Minority Education, has had enough of what he calls a pervasive narrative in urban education: a savior complex that gives mostly white teachers in minority and urban communities a false sense of saving kids.

The Panama Papers Could Lead to Capitalism’s Great Crisis

Rana Foroohar Time magazine
The Panama Papers illuminate a key aspect of why the system isn’t working–because globalization has allowed the capital and assets of the 1 % (be they individuals or corporations) to travel freely, while those of the 99 % cannot. I think we’re heading towards a root to branch re-evaluation of how our market system works–and doesn’t work.

Why Bernie’s Right About Glass-Steagall

Edward Morris History News Network
Sanders believes that the repeal of Glass-Steagall in 1999 led to the formation of banks that became “too big to fail,” contributed to the financial crisis in 2008—and will lead to another crisis without corrective legislation. And he has a strong argument, one that can be effectively made using Citigroup, the two-century old bank that has a history of wreaking havoc on itself and the economy when it mixes commercial banking with with investment banking.

 The Panama Papers Expose the Hidden Wealth of the World’s Super-Rich

Chuck Collins The Nation
 The Panama Papers reveal the widespread use of shell corporations in the British Virgin Islands, the Seychelles in the Indian Ocean, and Panama. Historically, North American investors prefer tax havens in the Caribbean or Panama, with an estimated 54 percent of offshore investments going to those areas.   The release of the Panama Papers should give a strong boost to US and global campaigns to crack down on these global secrecy jurisdictions and practices.

Debtors’ Island: How Puerto Rico Became a Hedge Fund Playground

Jennifer Wolff New Labor Forum
By the year 2000, the government ran on ever-larger deficits. It all came to a screeching halt in 2014, when Puerto Rico’s debt was degraded to junk status and the island was effectively shut out of the financial markets. The fiscal and economic predicament has had a devastating impact on the working and middle classes.

A Force Unto Itself: A Military Leviathan Has Emerged as America’s 51st and Most Powerful State

William J. Astore TomDispatch
From retired Air Force Lieutenant Colonel William Astore, a powerful portrait of how, in the decades after the Vietnam War, a post-democratic U.S. military became a reality and of the kind of permanent war making it freed Washington to be involved in. It couldn’t be a more vivid account of the ways in which such a military encouraged privatization, cashing in, and secrecy as a way of life and how that way of life rose to such prominence and power in Washington.