Lynn Parramore is Senior Research Analyst at the Institute for New Economic Thinking. A cultural theorist who studies the intersection of culture and economics, she is Contributing Editor at AlterNet, where she received the Bill Moyers/Schumann Foundation fellowship in journalism for 2012. She is also a frequent contributor to Reuters, Al Jazeera, Salon, Huffington Post, and other outlets. Her first book of cultural history, Reading the Sphinx (Palgrave Macmillan) was named a “Notable Scholarly Book for 2008” by the Chronicle of Higher Education. A web entrepreneur, Parramore is co-founder of the Next New Deal (formerly New Deal 2.0) blog of the Roosevelt Institute, where she served as media fellow from 2009-2011, and she is also co-founder of Recessionwire.com, and founding editor of IgoUgo.com. Parramore received her doctorate from New York University in 2007. She has taught writing and semiotics at NYU and has collaborated with some of the country’s leading economists her ebooks, including “Corporations for the 99%” with William Lazonick and “New Economic Visions” with Gar Alperovitz. In 2011, she co-edited a key documentary book on the Occupy movement: The 99%: How the Occupy Movement is Changing America.
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Lynn Parramore explores Peter Temin’s new book on the country’s two economic histories: progress for whites, slavery and segregation for Black people. He warns of a second-tier global future unless they come together.
In a new book, How Novelty and Narratives Drive the Stock Market, economist Nicholas Mangee examines the influence of stories on stock market outcomes in an uncertain world.
Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies
Researchers studying beasts that pass on resources and advantages to offspring have raised the old question of whether humans are destined to live in stratified conditions. Your view may depend on your relative position.
Evidence reveals our remote ancestors were neither brutes nor innocents, but complex beings whose experiments in living have much to teach us. Welcome news as disaster looms in every direction.
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“The piece gives a series of case studies. Parramore summarized the problem: “Players on Wall Street have been torpedoing our chances of averting environmental catastrophe for years. A group of billionaire financiers has made sure the companies the government must partner with to fight climate change are focused on one thing only – making these men (they all seem to be men) even richer. Instead of leading the world in climate change technology, firms like Apple, GE, and Intel have been pressured to become the personal piggy banks of powerful moneymen — known as hedge fund activists — who can’t see beyond the next quarterly report.” — Institute for Public Accuracy
Lynn Parramore joined the This is Hell! podcast to discuss her recent article on the surge in deaths of despair amid the pandemic
“Cultural theorist Lynn Parramore on the deep social effects of economic precarity, and her article “Epidemic of Despair Could Haunt America Long After COVID” at the Institute for New Economic Thinking. https://www.ineteconomics.org/perspectives/blog/epidemic-of-despair-could-haunt-america-long-after-covid” — Chuck Mertz,This is Hell!
“’human beings must be driven by x’…. well this is a myth about human beings and it’s not really the way we work, but the religion of capitalism insists that it is true. This is a sacred idea that competition is ultimately for the best of society, that the market will decide what is best, not governments or we the people. I think one of the things that Eugene McCarraher who wrote this book, “The Enchantments of Mammon” susses out in a very nuanced way, is how our country is built on these sort of opposing ideas. On the one hand we have this idea of competition and then we have another religious idea about brotherhood which is also baked into the sacred text of our nation. These two things are kind of ill-fitting and trying to make them work together is something we’re still struggling with right now.” — Lynn Parramore
“Obviously, there’s serious work to be done in changing cultural norms. Dealing with this disrespectful activity requires a versatile toolkit. … Fortunately, cultural norms can change. Challenges to traditional patriarchy and outdated workplace behavior, like the #MeToo movement, are already shifting notions of what is acceptable. Lesley Stahl has been a respected journalist for 50 years. Which means she likely knows better than anyone else that gaining a seat at the table doesn’t mean much if you can’t be heard over the din.” — INET Senior Research Analyst Lynn Parramore