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America in Crisis

Retired industrial scientist with a lifelong interest in social sciences. I write on economic and political topics from a cultural evolutionary standpoint.

Newsletter · By Michael A Alexander · English · Official site

Indexed issues, last 90 days
3
Latest publication
Sep 20, 2026
Audience
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Earliest in this view
Jul 15, 2026

Latest issues

  1. Issue · Sep 20, 2026

    Shareholderism (opens the original)

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    I have written extensively about economic culture and how it falls into two archetypes: stakeholder capitalism (SC) and shareholder primacy (SP) that generate different managerial practices. These practices produce economic outcomes sufficiently distinct to represent different kinds of capitalism, depending on which archetype is more prevalent. The US economy was predominantly stakeholder c

  2. Issue · Jul 31, 2026

    The public debt as an historical artifact (opens the original)

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    <img alt="" class="sizing-normal" height="500" src="https://substackcdn.com/image/fetch/$s_!bKrH!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F29b32447-3934-4149-9c5f-004625631dff_500x500.png" w

  3. Issue · Jul 15, 2026

    Why income inequality is a big deal today (opens the original)

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    Income inequality has risen in America since 1980. Figure 1 shows two ways of looking at this phenomenon in terms of the share of income going to the working and middle classes, defined here as the bottom 90% of individuals. The black line shows factor income, that is the share of labor and capital income that goes to the bottom 90%. The red line shows the share of income after adjustment for the effect of taxes and governmental transfers.<a class="image-link image2 is-viewable-img" href="https:

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