Best Business Longreads
From the man behind American suburban mindmeld to the famed Moon family, The Daily Beast brings you the best in business journalism from the week of November 16, 2013.
Rich Cohen – New York
After promising the Navy during World War II to build quickly a number of houses that usually took four years, famed developer Bill Levitt turned an occupation (construction) that had once been done by artisans into another American assembly line. After the war, he predicted that millions of Americans would be pursuing the American dream of a house, but without affordable options. The result was Levittown, and American suburban life was never the same.
Mariah Blake – The New Republic
Sun Myung Moon and the commercial religious empire he built on his cult of personality have quite the salacious history. Sexual purification rituals, planting spies in Congressional offices, a media empire and arranged marriages are just some of lurid details in this profile of Moon and his Unification Church.
Daniel Yergin – Politico Magazine
The dramatic shift in the global energy markets has already had major ramifications in global politics (see: Saudi Arabia). However, the economic impact of what Yergin calls “energy a-lot-less-dependent” is just beginning to manifest itself.
Annie Lowrey – New York Times Magazine
The basic-income movement, or payments by the government to all of its citizens without any strings attached, is a hot topic in certain circles in Europe, particularly wealthy and socialist Switzerland. Interestingly, there are proponents on the left and right. On the left, many see it as a civil rights issue–potentially ameliorating the problem of intractable poverty. On the right, the sums of money funneled through the basic income program would reduce federal bureaucracy (welfare, food stamps, housing subsidies) and put the government’s dollars back in the people’s hands.