Image: hbieser Pixabay CC0

America’s owners gave away the manufacturing store to China, starting in the 1980s, gutting the United States’ middle class and turning its already Potemkin labor unions into eunuchs. This was all for the capitalist sake of quarterly profits, multimillion-dollar executive payouts and golden parachutes. There is even a word for it, corporate financialization, where the company is managed by the CEO to maximize the stock price, in order to reap the biggest salary possible.   Read More