1.0The Texas Observerhttps://www.texasobserver.orgJames E. McWilliamshttps://www.texasobserver.org/author/james-e-mcwilliams/rich600338<blockquote class="wp-embedded-content" data-secret="jAeJGOUuLs"><a href="https://www.texasobserver.org/550-re-tooling-america/">Re-Tooling America</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.texasobserver.org/550-re-tooling-america/embed/#?secret=jAeJGOUuLs" width="600" height="338" title="“Re-Tooling America” — The Texas Observer" data-secret="jAeJGOUuLs" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(c,l){"use strict";var e=!1,o=!1;if(l.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<i.length;o++)if(r=i[o],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=l.createElement("a"),a=l.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,a.host===s.host)if(l.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=l.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> It seems like only yesterday that business writers were pitching Silicon Valley as The New New Thing and business editors were salivating over Enron CEO Ken Lay. But not Seymour Melman, whose assessment of American capitalism has always been less optimistic, less trendy, and less packaged. In After Capitalism, he trenchantly argues that despite the […]https://www.texasobserver.org/wp-content/uploads/2012/09/about-the-texas-observer.jpg740402