Is the US a Failed State?

Autor: Michael Hudson | 17. 8. 2023

America cannot re-industrialize without reversing this whole philosophy of post-industrial society as a class war against labor. You can’t have both. You can’t have a class war against labor and reindustrialization with the labor unionization that goes with it.

Countries who let an oligarchy develop end up pushing their own economies into obsolescence and a kind of dark age. It’s policy, and most of all, it’s the policy of the Democratic Party’s administration here.

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