Skip to content Skip to footer

The End of Loser Liberalism: Making Markets Progressive

(Image: Center for Economic and Policy Research)

Support justice-driven, accurate and transparent news — make a quick donation to Truthout today! 

Progressives need a fundamentally new approach to politics. They have been losing not just because conservatives have so much more money and power, but also because they have accepted the conservatives’ framing of political debates. They have accepted a framing where conservatives want market outcomes whereas liberals want the government to intervene to bring about outcomes that they consider fair.

This is not true. Conservatives rely on the government all the time, most importantly in structuring the market in ways that ensure that income flows upwards. The framing that conservatives like the market while liberals like the government puts liberals in the position of seeming to want to tax the winners to help the losers.

This “loser liberalism” is bad policy and horrible politics. Progressives would be better off fighting battles over the structure of markets so that they don't redistribute income upward. This book describes some of the key areas where progressives can focus their efforts in restructuring market so that more income flows to the bulk of the working population rather than just a small elite.

By releasing The End of Loser Liberalism: Making Markets Progressive under a Creative Commons license and as a free download, Baker walks the walk of one of his key arguments — that copyrights are a form of government intervention in markets that leads to enormous inefficiency, in addition to redistributing income upward. (Hard copies will be available for purchase, at cost, in the near future.) Distributing the book for free not only enables it to reach a wider audience, but Baker hopes to drive home one of the book's main points via his own example. While the e-book is free, donations to the Center for Economic and Policy Research are welcomed.

We lost 15 percent of our traffic overnight.

We now have three full months of data since Google changed its search to feature AI results. The numbers are worse than we anticipated. Overall readership that comes to Truthout through Google is down 54 percent against last year. The number of new readers who discover Truthout via Google searches is down 49 percent, and returning users from Google are down 51 percent.

We lost 15 percent of our readership overnight. This was a readership we painstakingly built over decades, and it vanished because Google chose corporate greed over a healthy democracy.

We anticipate a loss of roughly $500,000 in online revenue as a result of this massive traffic plunge in the next year alone.

The only way we can keep publishing is with strong reader support. We are asking you to start a monthly donation to Truthout today — anything you can do, whether $5 or $25, makes a difference.