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Democracy, Trade, Globalization and Trump

Thomas Piketty; Naomi Klein The Guardian (UK)
Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option. People have lost their sense of security, status and even identity. This result is the scream of an America desperate for radical change. People have a right to be angry, and a powerful, intersectional left agenda can direct that anger where it belongs. Thomas Piketty and Naomi Klein offer up interesting analysis.

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New U.N. Report Shows Just How Awful Globalization and Informal Employment Are for Workers

Elizabeth Grossman Working In These Times
An estimated 60.7 percent of the world’s workers labor in the informal economy, without legal or social protections. While the impact of working without the freedom to organize is most dire in the world’s poorest countries, U.S. workers are not an exception to the types of labor rights abuses the described in a United Nations Report.

The Abdication of the Left

Dani Rodrick Project Syndicate
The experience in Latin America and southern Europe reveals perhaps a weakness of the left: the absence of a clear program to refashion capitalism and globalization for the twenty-first century. From Greece’s Syriza to Brazil’s Workers’ Party, the left has failed to come up with ideas that are economically sound and politically popular, beyond ameliorative policies such as income transfers.

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Global Capitalism and the Crisis of Democracy

Harry Targ Portside
In this new book, Jerry Harris traces the links between the current stage of the development of transnational capitalism and the decline of democratic norms throughout society. Harry Targ guides us through this terrain, and, along the way, raises some critical questions about the significance of Harris's findings for today's social movements.

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Another Reading of Milanovic: Worlds of Inequality - Globalization's Winners and Losers

Miles Corak The American Prospect
Branko Milanovic offers us not just a plethora of facts about income inequality but brings them into a sound and rigorous global perspective, showing that what are too often treated as isolated national issues are on a world scale income massively maldistributed. While some nations saw the growth of a middle strata (China, for one) the real increase in world income is owned by the unprecedented 50-percent rise in incomes for the top 1 percent globally.

Panama Papers: Shadow Economy for the World's Elites

Four hundred investigative journalists are diving into over 11 million leaked documents from the Panamanian law firm Mossack Fonseca that creates shell companies for the rich and powerful to hide their assets, launder dirty money, and shelter income from taxes.

labor

Mondelez Girds for War against U.S. Bakery Workers

Paul Garver Talking Union
The BCTGM is organizing to protect its members and their community in Chicago. However the odds of success appear stacked against them. Job security has become the key issue in the national negotiations between Nabisco and the BCTGM, in which the company is also trying to eliminate the multi-employer BCTGM pension plan for all plants. Nabisco was recently purchased by the stridently anti-union Mondelez, a global food conglomerate.

labor

What is Happening in the Steel Industry?

Walton Pantland Union Solidarity International
Rich countries make money by owning things – physical and intellectual property – and setting global standards the rest of the world must adhere to. This also means an economic shift within these countries, away from well-paid, secure, skilled jobs in industry to a precarious, service-based economy.

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What Global English Means for World Literature

Haruo Shirane Public Books
The spread of capitalism as a global system and neoliberalism as its dominant economic policy has its analogue in the triumph of English as its undisputed enabling linguistic. The book under review argues that not only is this single-language sway historically unprecedented in allowing universal communication, but that its flattening effects on native languages and national discourse come with their own disabling downsides.

What You Should Know About That Completed TPP "Trade" Deal; The Trans-Pacific Free-Trade Charade

Dave Johnson; Joseph Stiglitz and Adam Hersh
The TPP is still secret and according to the terms in this year's fast-track legislation it will remain secret for 30 days after the president formally notifies Congress that he will sign it. That could be a while still, as the agreement's details need to be "ironed out." After that 30-day wait the full text has to be public for 60 days before Congress can vote. Expect a massive and massively funded corporate PR push. The biggest corporations very much want TPP.
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