on money (in the abstract)
alice wellintown
alicewellintown at gmail.com
Fri Nov 25 16:16:05 CST 2011
> There was a fairly long spell where Big Labor balanced Big Business. That
> balance is gone as we have entered another Gilded Age. It is no conspiracy.
> It is the effective work done by the right in right-wing think tanks,
> right-wing funding of candidates in elections ranging from local to national
> and it is the work of the oligarchy.
Not true. And even if it were, this is a simple simple misreading of a
complex history. The blow to labor, the major blow, came with the War
and then the Cold War. The Cold War, and the elimination of communists
from the labor movement, and this was done, remember, in large measure
by labor itself, but also by the government, by religious groups, by
veteran groups, by immigrant groups, and yes, by business, and by
general paranoia and rational and irrational actions of ordinary men
and women (the same kinds of focres that cause bubbles in markets).
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