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...different theory. If scads of people could see and comment on what I was buying, maybe I would be shamed into spending less. Could there be a practical use for the exhibitionism and groupthink of social networking? Location-centric sites like Foursquare encourage people to blast where they are and what they're buying. But Blippy takes things to a new level, since information goes straight from point of purchase to website. You don't have to push a single button; just agree to let Blippy broadcast the details that end up on your credit-card statement. Marketers are constantly...

Author: /time Magazine | Title: Public Spending | 2/1/2010 | See Source »

...Year's Eve, I asked to be the one to purchase a bottle of champagne. In an odd way, I felt I would be ringing in the New Year with my Blippy compatriots. And that made me realize Blippy isn't primarily about spending habits. Like any other social-networking site, it's mostly about feeling as if you're surrounded by a particular group of people even when...

Author: /time Magazine | Title: Public Spending | 2/1/2010 | See Source »

TR’s progressivism was nothing like the technocratic, scholarly progressivism of the present age. He was an active, animated federal regulator concerned with protecting the social fabric and the welfare of the ordinary American. He demanded sacrifice and hard work from his supporters and fair play from his opponents. Like Obama, Roosevelt was confronted with the task of actively restoring government’s credibility in an age of dramatic economic inequality and misconduct. Although Teddy didn’t face massive unemployment as Obama faces today, he did have to confront an economic elite disconnected from...

Author: By Raúl A. Carrillo | Title: The Year of the Bull Moose | 2/1/2010 | See Source »

This is the best pathway toward reviving trust in Washington while the long, slow process of job recovery sets in. Like TR, Obama need not condemn the self-interested and entrepreneurial spirit of Wall Street. He need only argue the truth: Business is underpinned by certain social norms, which are being undermined. Like TR, Obama should condemn misconduct and not condemn wealth. TR’s theme was that prosperity demands a certain level of trust between Wall Street and Main Street. When the economic elite forget that they are also citizens, the trust between the privately powerful...

Author: By Raúl A. Carrillo | Title: The Year of the Bull Moose | 2/1/2010 | See Source »

Raúl A. Carrillo ’10, a Crimson editorial writer, is a social studies concentrator in Lowell House...

Author: By Raúl A. Carrillo | Title: The Year of the Bull Moose | 2/1/2010 | See Source »

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