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For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.

Thomas Frank

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Thomas Frank
Age: 59
Born: 1965
Born: March 21
Historian
Journalist
Kansas City
Missouri
Thomas Carr Frank
Today
Feeding
Student
Desperate
Profit
Students
Booming
Industry
Loans
Higher
Loan
Education
Handed

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As you watch the world crumble, try taking your Armageddon with this sprinkling of irony: Over the last three decades, business has got virtually everything it wanted, and its doomsday scenario from the 1970s has come true because of it.
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Acknowledging class was always difficult for 'New Democrats' - it was second-wave, it was divisive - but 2008 made retro politics cool again.
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Every city is either vibrant these days or is working on a plan to attain vibrancy soon. The reason is simple: a city isn't successful - isn't even a city, really - unless it can lay claim to being 'vibrant.'
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In small towns, bored teenagers turn their eyes longingly to the exciting doings in the big cities, pining for urban amenities like hipster bars and farmers' markets and indie-rock festivals. Like everyone else, they want the vibrant and they will not be denied.
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During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.
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Republicans run the machine when it's their turn, and then hand the wheel over to Democrats when the public has had enough.
Thomas Frank
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Surrogate motherhood has been the subject of much philosophical and political dispute over the years.
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One of the things I keep coming back to in my writing is that society doesn't work on this mirror principle - you don't have an exact replica on the left of what you have on the right. It just doesn't work that way.
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When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
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Yes, Democrats can prove that America pays more for health care than other countries yes, they have won the dispute that private health insurance is needlessly expensive. But what they've lost is the argument that we are a society.
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Conservatism is not a doctrine of contentment. Not a doctrine for the satisfied and the smug. It's a politics that's at war with the world.
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Mounting a campaign against plutocracy makes as much sense to the typical Washington liberal as would circulating a petition against gravity. What our modernized liberal leaders offer is not confrontation but a kind of therapy for those flattened by the free-market hurricane: they counsel us to accept the inevitability of the situation.
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I think the WikiLeaks releases furnish us with an opportunity to observe the upper reaches of the American status hierarchy in all its righteousness and majesty. High-achieving colleagues attempting to get jobs for their high-achieving children. Foundation executives doing fine and noble things. Prizes, of course, and high academic achievement.
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Under the administration of George W. Bush, you will recall, federal spending grew pretty significantly. At the same time, the number of people directly employed by the federal government shrank. One of the factors that explained the difference was contracting.
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The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.
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When the entertainers of the right aren’t declaring their disgust with President Obama for groveling before foreign potentates, they’re pretending to fear him as a left-wing thug, an exemplar of what they call “the Chicago way.”
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Money never seems to be interested in strengthening regulatory agencies, for example, but always in subverting them, in making them miss the danger signs in coal mines and in derivatives trading and in deep-sea oil wells.
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Bad government is the natural product of rule by those who believe government is bad.
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Whereas liberals are thought to erupt self-righteously whenever they feel like it, conservatives believe that they themselves are never permitted to say what they really think.
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These days, of course, the focus of talk about popular liberation through products is mostly associated with the Internet. I've been collecting computer ads and ads dealing with Internet industries.
Thomas Frank