Blog - Page 3 of 159 - Liberal Resistance

Steel Collar Workers

robots

It is one more pernicious myths of the Trumpian Right that “illegal immigrants” are stealing jobs from “real Americans.” The reality, of course, is that jobs weren’t there to be stolen. Long ago, CEOs, MBAs, and Corporations sent them overseas–that is, to places like China, where labor costs were low and unions were non-existent. The…

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Capitalism Is In Trouble

Capitalism today is in trouble, and even the most ardent defenders of free enterprise are saying so. Consider Jonathan Tepper, founder of Variant Perception, “a research group for asset managers.” It would seem hard to find anyone more devoted to unregulated markets. Yet, even so, in a new book, The Myth of Capitalism: Monopolies and…

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Gymboree, The Horror Story

Want to see late capitalism in the raw? Check out “She Lied to My Face”: Inside the Hectic Last Days of Gymboree’s Retail Bankruptcy by David Dayen in The Intercept. The article looks at the truly horrible decline and fall of Gymboree, a retailer of children’s clothing. The company declared bankruptcy in 2017. The kicker?…

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How WW3 Could Start

Before I talk about how I believe World War III could  start, I should discuss what happened after World War II.  After the end of that war, once Germany was defeated, Berlin was divided into four sections to be managed by the world powers of that time. The United States, United Kingdom, France, and Russia…

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