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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.

Obama’s TPP Would Widen the Divide

Manuel Pérez-Rocha Inequality.org
NAFTA worsened poverty in Mexico. But some did profit from "Free Trade." Mexico now has 12 billionaires. Before our government started selling off public enterprises to cronies to lay the groundwork for NAFTA, we didn’t have one.

Tidbits - July 14, 2016 - Reader Comments: U.S. "Inequality Trap"; Police Brutality and Racial Terror; Sanders and Democratic Party; Brexit; Tair Kaminer; and more...

Portside
Reader Comments: U.S. Stuck in an "Inequality Trap"; New Wave of Police Brutality and Racial Terror; Photo That Should Be Seen Around the World; Sanders Delivered Most Progressive Platform for Democrats, Ever - Yet Still a Long Way to Go on War and Military Policy, and Trade Policy Still Needs to be Changed; About Demonstrations at GOP Convention; Brexit; James Green; Tair Kaminer; Austrian elections; Remembering Donald Jelinek; Save the Georg Lukacs Archive...

From Brexit to the Future

Joseph E. Stiglitz Project Syndicate
On both sides of the Atlantic, citizens are seizing upon trade agreements as a source of their woes. While this is an over-simplification, it is understandable. Today's trade agreements are negotiated in secret, with corporate interests well represented, but ordinary citizens or workers completely shut out. Not surprisingly, the results have been one-sided: workers' bargaining position has been weakened further, compounding the effects of legislation undermining unions.

food

A Rush of Americans, Seeking Gold in Cuban Soil

Kim Severson The New York Times
American bureaucrats, seed sellers, food company executives and farmers seek the prizes that are likely to come if the United States ends its trade restrictions against Cuba.

books

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.

As Brexit Approaches, Europe's Left Is Divided - and for Good Reason

Conn Hallinan Foreign Policy in Focus
Can the EU still unite a continent shattered by world wars, or is it little more than a vehicle for austerity capitalism? Soon British voters will vote on Brexit - leaving the EU. Given the absence of a strong, continent-wide left, however, reversing the current economic rules of the EU may be a country-by-country battle. It's already underway - and for all of the economic power of the EU, the organization is vulnerable to charges that Brussels has sidelined democracy.

The Critical Choices Facing Cuba Today

Paul Becker Portside
Among the accomplishments of the Cuban revolution have been the great strides made in the education of its entire people. Education is completely free from primary school through university. Cuba today has a literacy rate of over 96 percent, putting it at the top of all Latin America. But the struggling economy has not created the kind of economic opportunity that is commensurate with an educated population, particularly in the professions.
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