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The Change Moment: Part I, Change in Mass Incarceration?

By Jonathan Simor

We are at extraordinary change moment in American history, far more so than when the planes hit the World Trade Center and the Pentagon eight years ago. A catastrophic failure of the highly leveraged US financial system has put into question a dominant view of political economy that has highly favored unregulated markets and minimizing efforts to socialize some of the individual risks. It has also favored a financial economy generally, over retaining a significant engineering and product development sector (let alone a major manufacturing sector), an economy which has seen massive income inequality and a redistribution of wealth (relative to the post-World War II norm) from the stratified middle classes to the very top of the pyramid. If Barack Obama is elected President, this economic crisis will coincide with the passing of political leadership to one who grew up after Vietnam and Watergate, and to the first African-American and mixed race American to win the Presidency...continue to full post

Full post as published by Governing Through Crime on October 21, 2008 (boomark / email).