As the Dow Jones Industrial Average inches upward, there will be a strong temptation--especially from financial news outlets--to equate recovery by shareholders with the recovery of economic security in our country.
On February 15, 2009, Mike Lux energized an audience of some 75 progressives at the Mercury Lounge in San Francisco. Referring to his new book, The Progressive Revolution: How the Best in America Came to Be, Lux put events of the tumultuous recent past in historical context. He spoke about the conflict taking place since the time of the nation’s founding between progressive advances for the common good and conservative retrenchments that favor the wealthy.
Early this summer most of America saw images of houses washing down the swollen Mississippi, logjammed against a bridge. In the following weeks we heard about the humans, libraries and even pets left homeless, but outside Iowa, few people heard about the problem of those houses, or indeed about that bridge itself. Iowans alone were left to contemplate their opportunities: When insurance failed, would FEMA provide? Would charity?