Radical economic populism is the only thing that can save the Democrats now

Tuesday, December 27, 2016
The Week

"Duke economist William Darity Jr. has recommended guaranteeing public-sector employment at dignified wages to every American willing to work, providing a federally financed trust fund to every newborn, and rebuilding education infrastructure to offer gifted-quality K-12 education to all.

What's especially instructive about Darity's plan is it's designed to be universal, while also getting to the root of the labor market exploitation and exclusion that plagues African-Americans more than anyone. Precisely because of that bottom-up design, these policies would also address the basic challenges facing working-class whites as well. That would lay the economic foundation for a multi-ethnic coalition that could appeal to white workers' livelihoods, while also actively challenging the bigotries and resentments that convinced so many of them to vote for Trump.

Of course, to pull this off, the Democrats must reject deficit hawkery once and for all: There's no way to fulfill this sweeping agenda while also promising to balance the budget. The party must constantly and publicly reiterate that government programs do not need to be "paid for," and that the size of the deficit and debt load does not matter so long as inflation is kept under control. The party should also stop thinking of job creation as forever at the mercy of private business, and proudly defend public employment as an active force for good open to all: Whenever the private sector fails, the government can and should shove it aside and create jobs itself."

Read the full article: http://theweek.com/articles/669341/radical-economic-populism-only-thing-that-save-democrats-now