The Economic Crisis and the Class Struggle
Volume 6 No. 18, December 14, 2012
While governments and bankers use the economic crisis to take away workers rights. Working class in the U.S. and Europe mobilize to fight back.
The History Channel recently completed a series called “The Men Who Built America,”
which focused on the titans of industry in the Second Industrial Revolution of the late
1800s and early 1900s.
Goldman Sachs CEO Lloyd Blankfein recently wrote an article in the Wall Street Journal
about how the election offers an opportunity for Big Business to repair its “unproductive”
relationship with the White House.
The dominant media narrative on the American economy is one of a slow but steady recovery from the economic crisis.
Millions of workers in 23 countries across Europe took to the streets Nov. 14 as part
of the “European Day of Action and Solidarity” against the endless austerity measures
being imposed by governments across the continent.
The rich are getting richer while the people are getting poorer. Forbes just announced, as
it does every year, the status of the richest Americans.
"We can't survive on $7.25!” This was the theme of the day, as 200 fast food workers, joined by hundreds of community and labor allies, went on strike and protested in front of their jobs.