Video: State of the Union: Objective Jobs or Reelection

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Competitiveness, trade and innovation were globalization themes in the late 90s. The triumph of the US model was emphasized. Now we see there are big holes in the American model. The economy is increasingly deregulated. Unions in the US are down to 11% from 35% in the 1970s. We have to ask whether the market approach really works.

Competitiveness to the corporate mindset means lower wages. The "third worldization" of the US threatens when profit is worshipped, capital crimes are repressed and long-term necessities are eclipsed by short-term constraints. Government intervention and the creation of millions of public jobs are vital when the private sector only creates temporary part-time jobs.

to hear the interview with Stephen Diamond, law professor at UC Santa Cruz, posted on www.therealnews.com January 25, 2011, click on

http://www.therealnews.com/t2/index.php?option=com_content&task=view&id=...

Related Links:

"Corporate-Speak"

http://www.slate.com/id/2282434/?GT1=38001

"Financial Crimes Ignored" by Danny Schechter

http://blog.buzzflash.com/node/12266

"Hogwash" by Robert Sheer

http://www.commondreams.org/view/2011/01/26-0

"Financial Crisis was Avoidable, Study Says"

http://www.nytimes.com/2011/01/26/business/economy/26inquiry.html?_r=2&n...

"Tax Cuts, not Jobs"

http://www.commondreams.org/view/2011/01/26

Laura Flanders on Trade

http://www.commondreams.org/view/2011/01/26-2

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demandside
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What’s the Difference Between Cancer and Donald Trump?

So-called “free market" or "unregulated capitalism” is really nothing more than the cancer-stage of capitalism. And that uninhibited cancerous growth has spread, so that now even our political system is infected with the cancer of corporatism.

Donald Trump’s candidacy is an example of how our political system is being eaten alive by the cancer-stage of capitalism.

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