U-Doug Henwood, umhleli kanye nomshicileli we-Left Business Observer, uthole i-BA yakhe ngesiNgisi kusukela eYale ngo-1975. E-Yale, u-Henwood wayengumuntu odla ngoludala futhi eyilungu leQembu Lamalungelo, elalawula ukhetho lwakhe njengoNobhala Wenyunyana Yezombangazwe, kodwa washeshe wabuyela ezingqondweni. Kusukela ngo-1976-79, uHenwood wenza umsebenzi oneziqu zesiNgisi eNyuvesi yaseVirginia, egxile ezinkondlweni zaseBrithani nezaseMelika kanye nethiyori ebucayi, egcwalisa zonke izidingo ze-PhD ngaphandle kwaleso sikhubekiso esikhulu, incwadi. Ngemva kweminyaka emibili esebenza njengomkopishi kanye nendoda yokukhushulwa engaphansi komsizi womshicileli wezokwelapha eNew York, u-Henwood wavuselela umqondo wokubhala incwadi yakhe, okwakuzoba ukuhlolwa kwezinhlobonhlobo ze-narcissism ezinkondlweni zaseMelika kusukela ku-Emerson kuya kuWhitman kuya kuStevens. . Ukuhlola ukuvela kwalokhu kuziphatha kwengqondo, u-Henwood uhlele ukuhlola ukuvela kwe-US nomnotho wezepolitiki, kusukela kusomabhizinisi-yeoman capitalism yosuku luka-Emerson kuya ku-capitalism-bureaucratic capitalism kaStevens` - obekuzothatha ngokungathi sína ukuqashwa kukaStevens njengommeli webhondi weqembu lomshwalense i-Hartford. I-dissertation ayizange ibhalwe. Kepha ngokuhamba kwesikhathi kuhlangana nethiyori nomlando wase-US umnotho wezepolitiki, u-Henwood waba nentshisekelo ejulile ezindabeni zezomnotho futhi kancane kancane kwezemibhalo, wengeza isisekelo esihle sokuqeqeshwa kweziqu zabafundi ngokuzifundisa okubanzi. Ngemuva kweminyaka emi-5 yokucabangisisa, eqiniseka ukuthi ucwaningo lwango-1980 lwezomnotho emakethe yamahhala lwaluyinhlekelele yezezimali nezenhlalo nokuthi ukubhala okuningi “okusele” kwezomnotho kwakuvame ukoma futhi kubhalwe kudala, uHenwood wanquma ukuthi kwakukhona indawo yencwadi yezindaba ekhuluma ngazo zombili lezi zinkinga. . Wasungula i-Left Business Observer ngoSepthemba 1986. Cishe kusukela kumagazini wokuqala, iphephandaba libe yimpumelelo ebucayi, futhi, nakuba ukushicilelwa kungaphezu kokukhokha izikweletu, inqwaba yokubhaliselwe yayiyohlale yamukelekile. I-LBO ihlanganisa ezomnotho nepolitiki ngomqondo obanzi. Imicabango yakamuva neqhubekayo ihlanganisa ukusatshalaliswa kwemali engenayo nobumpofu e-US nakwezinye izindawo eMhlabeni Wokuqala; indawo yokuhweba mahhala yaseNtshonalanga kanye nenkinga yaseMexico; ukuhwebelana kwembulunga yonke kwezezimali nokukhiqiza; ukuhlaselwa kwempesheni emhlabeni wonke; Isikweletu kanye nentuthuko Yezwe Lesithathu; ukuguqulwa kwezwe langaphambili elithi "socialist"; i-IMF kanye neBhange Lomhlaba; ibhizinisi labezindaba; umthelela wezisekelo kwezombusazwe namasiko; izincazelo zeClintonism. Yonke inkinga ihlanganisa umbiko wezimakethe zezimali zomhlaba namabhange amakhulu. Ngaphandle kokuhlela i-LBO, uHenwood ungumhleli onikelayo we-The Nation futhi uphatha uhlelo lomsakazo lwamasonto onke ku-WBAI (New York). Ubhalele omagazini namaphephandaba amaningi emhlabeni jikelele, futhi uye wanikela izahluko eziningana zezincwadi zokufundisa nezithandwayo. I-atlas yakhe yezenhlalo yase-US (ochungechungeni lwe-atlas ye-Pluto), i-State of the USA, yanyatheliswa nguSimon & Schuster ekwindla ka-1994, futhi incwadi yakhe ethi Wall Street yanyatheliswa ngu-Verso ngoJuni 1997, kwaba nokutuswa okukhulu.