Harold Meyerson

Harold Meyerson is the editor-at-large at The American Prospect and a columnist for The Washington Post. His email is hmeyerson@prospect.org

Recent Articles

Dan Cantor's Machine

Timothy Devine
Timothy Devine E lection night, New York City, November 5, 2013. Mayoral candidate Bill de Blasio, the candidate for both the Democratic and Working Families parties, is racking up a huge victory after running on a platform that calls for raising taxes on the rich and raising wages for workers. Shunning the usual Manhattan-hotel bash, de Blasio has decided to celebrate in a Brooklyn armory, where his supporters have gathered to mark the end of the Michael Bloomberg era and, they hope, the birth of a national movement for a more egalitarian economy. In one corner of the packed armory, Dan Cantor is talking with old friends and young activists who either work for him or used to—two groups that, combined, probably include about half the people in the hall. Cantor, who is 58 years old and of medium height, is wearing a black suit and tie but exhibits a touch of the willful schlumpiness that comes naturally to certain New York Jewish males. His most prominent features are a white streak...

The 40-Year Slump

From 1954 thought 1974, American workers brought home most of the wealth that they produced. Since 1974, they've steadily lost power—and they're getting just a fraction of the wealth they produce today.

To see interactive package, visit this article on a non-mobile browser . T he steady stream of Watergate revelations, President Richard Nixon’s twists and turns to fend off disclosures, the impeachment hearings, and finally an unprecedented resignation—all these riveted the nation’s attention in 1974. Hardly anyone paid attention to a story that seemed no more than a statistical oddity: That year, for the first time since the end of World War II, Americans’ wages declined. Since 1947, Americans at all points on the economic spectrum had become a little better off with each passing year. The economy’s rising tide, as President John F. Kennedy had famously said, was lifting all boats. Productivity had risen by 97 percent in the preceding quarter-century, and median wages had risen by 95 percent. As economist John Kenneth Galbraith noted in The Affluent Society , this newly middle-class nation had become more egalitarian. The poorest fifth had seen their incomes increase by 42 percent...

The 40-Year Slump

To see interactive package, visit this article on a non-mobile browser or on our website . T he steady stream of Watergate revelations, President Richard Nixon’s twists and turns to fend off disclosures, the impeachment hearings, and finally an unprecedented resignation—all these riveted the nation’s attention in 1974. Hardly anyone paid attention to a story that seemed no more than a statistical oddity: That year, for the first time since the end of World War II, Americans’ wages declined. Since 1947, Americans at all points on the economic spectrum had become a little better off with each passing year. The economy’s rising tide, as President John F. Kennedy had famously said, was lifting all boats. Productivity had risen by 97 percent in the preceding quarter-century, and median wages had risen by 95 percent. As economist John Kenneth Galbraith noted in The Affluent Society , this newly middle-class nation had become more egalitarian. The poorest fifth had seen their incomes...

What Divides Democrats

AP Images/Paul Sakuma
AP Images/Paul Sakuma N ew York–area voters had the opportunity this fall to cast their ballot for one of two Democrats who are divided by more than the Hudson River. Cory Booker, the Newark mayor, whom New Jersey’s electors sent to the U.S. Senate in October, and Bill de Blasio, the Democratic nominee for mayor of New York City, personify two distinct futures for the Democratic Party. Booker is a corporate Democrat—more precisely, a Wall Street and Silicon Valley Democrat—who praises the beneficent rich as sources of charitable giving and policy ideas that can lift the poor. De Blasio is an anti-corporate Democrat who condemns big business and the financial sector for using their wealth to rig the economy in their favor and at everyone else’s expense. The divide between Booker and de Blasio matters because it defines the most fundamental fault line within the Democratic Party. Not so long ago, the Democrats generally agreed with one another on economics—hence the New Deal and Great...

Reviving the Los Angeles River

One hundred years ago next week, the water came to Los Angeles. On November 5, 1913, civic dignitaries gathered at the north end of the arid, undeveloped San Fernando Valley for the opening of the Los Angeles Aqueduct, a marvel of both engineering and chicanery. Five years in the making, the aqueduct pumped the water out of the Owens River Valley (to which the spring runoff from the melting snows of the Sierra Nevada descended) and carried it over 223 miles of mainly desert to the L.A. suburb. Raising his voice to be heard over the noise of both the crowd and the water cascading downhill, the project’s chief engineer, William Mulholland, proclaimed with epic succinctness: “There it is—take it!” And the city did. When the project was first announced in 1905, with the city council’s recommendation of a $25 million bond measure that L.A. voters subsequently authorized, no one argued that Los Angeles didn’t have enough water to meet its current needs. The 1900 census had turned up a mere...

Pages