Economy For All
Working Class Perspectives
Reading Thomas Frank's new book, Listen, Liberal, or What Ever Happened to the Party of the People?, I was reminded of the snapshot that Oxfam offered us early this year: 62 billionaires now have more wealth than the bottom 50% of the global population, while the richest 1% own more than the other 99% combined...In 2010, it took 388 of the super-rich to equal the holdings of that bottom 50%. At this rate...by 2030, just the top 10 billionaires might do the trick. [*]
The New York Times reported in 2014 new immigrants are more often to be found in midsize cities, like Dayton, Ohio than in New York, Chicago, and other large cities. Like Youngstown, Dayton had lost over 40% of its population. But city officials embraced immigration by establishing a Welcoming Dayton plan in 2011. New immigrants and refugees were encouraged to relocate in this community and developed support groups to help newcomers adjust to their new community.
Gregg Shotwell is a retired UAW member who frequently contributes poems to the Blue Collar Review, and is the author of Autoworkers Under the Gun (Haymarket Press, 2012).
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The Indypendent, October 2013 - Issue #191
Review of George Packer's "The Unwinding: An Inner History of the New America." This American life is a mess. As responsible as they were for instigating the Great Recession, Wall Street and the securities industry were not the business centers solely at fault for the lead-up to the collapse. An outsized military budget, imperial wars, the decline of unions as counterweights to corporate excesses and the flight of manufacturing overseas played their parts, too.