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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (65038)6/30/2006 10:02:40 PM
From: shades  Read Replies (1) of 110194
 
The Global Class War

The U.S. government and the Vietnamese communist regime are broadening their defense cooperation. "

The party of DAVOS are just following script eh?

epi.org

The Global Class War
How America's Bipartisan Elite Lost Our Futureand What It Will Take to Win It Back
by Jeff Faux

Read news release

The Global Class War fact sheet

Jeff Faux's scheduled appearances.

Why is America's governing class so indifferent to the fate of its 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.

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 citizenthe 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.

This book, a Foreign Affairs bestseller, is already in its third printing.

Comments About the Book

"Globalization is a cover for American imperialism, but the beneficiaries are not the American people at the expense of foreigners but corporate executives at the expense of working class and poor people wherever they may be. Jeff Faux offers a comprehensive and devastating analysis."
Chalmers Johnson, author of The Sorrows of Empire

"Faux is clearly correct that the balance of power between labor and capital has shifted dramatically. Today, investment capital moves at blinding speed, while labor still must go by boat, train and planeand that's if it's lucky."
Michael Hirsh, The New York Times

"A persuasive and revealing framework for understanding globalization in terms of class. It's a much-needed corrective to the way in which most news about the changing world economy is viewed, usually through a free market fundamentalist or, less frequently, a nationalist lens."
David Moberg, In These Times

"Incisive, rancorouswith a fluid grasp of both history and economics, Faux, founder of the Economic Policy Institute, critiques both Democrats and Republicans for protecting transnational corporations "while abandoning the rest of us to an unregulated, and therefore brutal and merciless, global market.""
Publishers Weekly

"Jeff Faux's astonishing story of how class works will scandalize the best names in Wall Street and Washington. Even the most cynical Americans will be shocked by the sordid details. This really is an important book."
William Greider, author of Secrets of the Temple

"You will never think about 'free trade' the same way after reading Jeff Faux's superb book. As Faux makes clear, the globalization debate is really about whose interests are served by global elites, and how we need to go about reclaiming a democracy that serves ordinary people. This book should transform public discourse in America."
Robert Kuttner, founding coeditor of The American Prospect and a contributing columnist to Business Week
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