Steve Fraser

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Steve Fraser is the author of several books, including "Every Man a Speculator: A History of Wall Street in American Life," "Labor Will Rule: Sidney Hillman and the Rise of American Labor" "Wall Street:...

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Does Progress Spawn Poverty? A Gilded Age Issue Remains With Us

Steve Fraser / Truthdig Feb 27, 2015 The “long nineteenth century” of class against class climaxed in the labor insurgency that followed the Great Crash of 1929. It seemed to resolve itself in the New Deal. But the questions it raised have endured, resurfaced, and grown more pressing of late. Dig deeper ( 5 Min. Read )

Looking Backward to the Future

Steve Fraser / Truthdig Feb 21, 2015 The strangling of our political potential by a claustrophobic sense of the possible did not always typify American public life. My book is about that change in the temper of the times, and is in part motivated by my own experience. Dig deeper ( 14 Min. Read )

Take Our Children, Please! A Modest Proposal for Occupy Wall Street

Steve Fraser / Truthdig Dec 1, 2011 On Jan. 16, Martin Luther King Day, citizens from around the country should gather at the New York Stock Exchange on Wall Street. Let’s call this macabre gathering -- with luck and even worse times, it should be mammoth -- “We Surrender” or “Restore Debtor’s Prisons” or “De-Fault Is Ours” or “Collateralize Us.” And plan on a mirthful day of mourning. Dig deeper ( 7 Min. Read )

Resistance, Acquiescence and My Friend J. Edgar Hoover

Steve Fraser / Truthdig Dec 11, 2010 Three moments -- 1911, 1964, now -- coming together compelled me to think about when and why people resist power, why they acquiesce, and why, sometimes, they may believe they are resisting when they are in truth acquiescing. If it is so self-evident that the Triangle Army was compelled to say “enough is enough” back then and act on that resolve, what has happened now? Dig deeper ( 17 Min. Read )

Steve Fraser on the Crisis of Capitalism

BLANK Nov 6, 2009 Does the prospect of deepening economic meltdown and political disarray raise the specter of a social upheaval and, perhaps, the collapse of capitalism, the likes of which we haven't seen since the Great Depression?Does the prospect of deepening economic meltdown and political disarray raise the specter of a social upheaval and, perhaps, the fall of capitalism? Dig deeper ( 20 Min. Read )