Sunday, August 20, 2017

Tag: Working Class

Can Corporate Raider Wilbur Ross Deliver on Trump’s Blue-Collar Promises?

Trump's pick for commerce secretary has a track record of saving American jobs. Whether he can bring many back to the Rust Belt remains to be seen. A decade ago, cheap Chinese cloth was hammering American textile makers. Companies like Burlington Industries and Cone Mills, two big U.S. makers of...

Swamp or no swamp, Goldman swims on

The investment bank’s network reaches the White House, again. Consider just this very partial list: Henry Fowler, Robert Rubin, and Hank Paulson, former US Treasury secretaries. Mark Carney, governor of the Bank of England. Mario Draghi, European Central Bank president. Malcolm Turnbull, prime minister of Australia. Bill Dudley, president of...

Trump Prepares to Takeover Fed

In Donald Trump's first four years as president, he will not only choose three judges for the Supreme Court, he’ll also pick five of the seven members on the Fed Board of Governors. It would be impossible to overstate the effect this is going to have on the nation’s...
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French Labor Law, Brexit, and Greek Austerity: Class War Against European Workers

Economist Richard Wolff says the old European elite believed it could fix their broken capitalism on the backs of the masses and that has proved to be a fatal mistake. Richard D. Wolff is a Professor of Economics Emeritus at the University of Massachusetts, Amherst, and currently a Visiting Professor...

Brexit Is Only the Latest Proof of the Insularity and Failure of Western Establishment...

The decision by U.K. voters to leave the EU is such a glaring repudiation of the wisdom and relevance of elite political and media institutions that — for once — their failures have become a prominent part of the storyline. Media reaction to the Brexit vote falls into two general categories: (1) earnest, candid attempts...

Brexit is a fake revolt – working-class culture is being hijacked to help the...

Leaving the EU won’t guarantee a rise in wages, a cap on rents, or a fall in NHS waiting times and class sizes. The only thing it guarantees is more right-wing Tory control. I love fake revolts of the underclass: I’m a veteran of them. At secondary school, we had...

Brexit is the only way the working class can change anything

Working-class people are sick of being called ignorant or racist because of their valid concerns. The EU referendum has given them a chance to have their say. I have lived in working-class communities all my life, and now that I research and write about those communities as a working-class academic,...

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