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How America’s Bipartisan Elite Lost Our Future - And What It Will Take To Win It Back
Why is America’s governing class so indifferent to the fate of her people? In his provocative new book, "The Global Class War", economist Jeff Faux argues that now that they can find workers and investment opportunities elsewhere, America’s rich and powerful are abandoning the social contract that until recently had united the economic interests of all Americans.
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The United Steelworkers (USW) calls Jeff Faux the “peoples’ economist” educated at Harvard and George Washington University. He has appeared at past international union conventions and regularly speaks to USW members in the U.S. and Canada. He is the founder and former president of the USW-supported Economic Policy Institute (EPI) in Washington, D.C.
“Jeff Faux’s "The Global Class War" is a readable explanation of the growing economic divide between the governing class and North America’s working class and how globalization is expanding that divide.” Leo W. Gerard, International President United Steelworkers, AFL-CIO-CLC |
Faux explains how globalization is creating a new global political elite – “The Party of Davos” – who have more in common with each other than with their fellow citizens. Their so-called trade agreements, like NAFTA and the World Trade Organization, act as a global constitution that protects only one kind of citizen—the corporate investor. The inevitable result will be a drop in American living standards that will have dramatic political consequences. Faux concludes with an original strategy for bringing democracy to the global economy beginning with a social contract for North America.
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