New Book: Inequality, Boom, and Bust – From Billionaire Capitalism to Equality and Full Employment

By Howard J. & Paul D. Sherman, From Routledge: There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the … More New Book: Inequality, Boom, and Bust – From Billionaire Capitalism to Equality and Full Employment

New Book: The Russians Are Coming, Again – The First Cold War as Tragedy, the Second as Farce

by Jeremy Kuzmarov and John Marciano. From Monthly Review Press: Karl Marx famously wrote in The Eighteenth Brumaire of Louis Napoleon that history repeats itself, “first as tragedy, then as farce.” The Cold War, waged between the United States and Soviet Union from 1945 until the latter’s dissolution in 1991, was a great tragedy, resulting … More New Book: The Russians Are Coming, Again – The First Cold War as Tragedy, the Second as Farce

New Book: The Half-Life of Deindustrialization – Working-Class Writing about Economic Restructuring

By Sherry Lee Linkon. From University of Michigan Press: Starting in the late 1970s, tens of thousands of American industrial workers lost jobs in factories and mines. Deindustrialization had dramatic effects on those workers and their communities, but its longterm effects continue to ripple through working-class culture. Economic restructuring changed the experience of work, disrupted people’s … More New Book: The Half-Life of Deindustrialization – Working-Class Writing about Economic Restructuring

New Book: Class War, USA – Dispatches from Workers’ Struggles in American History

by Brandon Weber. From Haymarket Books: An engaging collection of riveting stories about working people in United States history fighting back in the darkest times. Class War, USA is a rich collection of stories about ordinary people who resisted oppression and exploitation against all odds. Brandon Weber’s succinct and vivid essays capture crucial moments of struggle … More New Book: Class War, USA – Dispatches from Workers’ Struggles in American History

The Rise of the Global Corporation and the Polarization of the Managerial Class in the US

By Ramaa Vasudevan, This article seeks to understand the sharp divergence in the earnings of top managerial executives in the US since the 1980s, within the historical context of the evolution and transformation of the corporate landscape through the 20th century. In particular, as US multinational corporations expanded their reach to the global market at … More The Rise of the Global Corporation and the Polarization of the Managerial Class in the US