The financial elites of various countries have in common with each other than they do with the citizens of their own country So their activities are eared toward furthering the other than they do with the citizens of their own country So their activities are eared toward furthering the of that class even if it is to the detriment of their own country If it oes belly up they can just move elsewhere and leave the little people to deal with the wreckage choice uote from this fine bookIntroduction p4 Although there are some substantial differences between the core leadership of the Democratic and Republican parties on domestic matters and some tactical differences on foreign policy the two have worked hand in hand to help so called American corporations disconnect themselves from their obligations to the American people Led by Robert Rubin the Clinton administration used the economic instruments of free trade financial deregulation and the leverage of the the International Monetary Fund and other financial institutions to further the world strategies of transnational banks and manufacturers Led by Donald Rumsfeld and Dick Cheney the Bush administration continued these policies and expanded the use of the US military to extend investment opportunities at home and in the Middle East Have followed Jeff Faux for years My copy of The Global Class War is peppered with so many flags to mark the I Was A Stranger good stuff I d have done better to put a Post it flag on the cover It s allood stuff Faux is not an academic he is an anti lobalization activists although he would not be found in the streets of Seattle or Toronto during an archetypal clash between police and demonstrators as the G 8 comes to town The story he tells isn t new finance capital is loyal to itself and not to any of the states in which it may have branches Risks have been socialized and profits privatized throughout the world and there is little ultimate difference between th Ouch The main idea here is that the wealthy elite of different nations used to be pitted against each other in the struggle for financial dominance and control as a result they needed to ally with the labor forces in their respective nations in order to successfully compete with one another But not any Technology allows the lobal elite to ally with each other against the power of labor throughout the world enriching themselves at the expense of those who work and are now pitted against each
OTHER IN GLOBAL COMPETITION FOR JOBS in The Lives of Stay-at-Home Fathers: Masculinity, Carework and Fatherhood in the United States global competition for jobs Faux writes at length about NAFTA and the alliance of Mexican American and Canadian elites who all benefitted from this trade accord He makes it sound like a very nasty dirty if not corrupt business Thatiant sucking sound Ross Perot referred to turns out not to be jobs leaving not only but the material benefits of increased productivity and free trade siphoning straight into the bank accounts of the lobal financial elite Rough stuff A very important book to read Years ago I read "global reach where this Neo conservative plan was laced out One chapter that "reach where this Neo conservative plan was laced out One chapter that hit me was called the Latinamericanization of north America this books explains how parties put in power by the center left made lobalization easier who do you vote for these Acclaim for The Global Class War You will never think about 'free trade' the same way after reading Jeff Faux's superb book As Faux makes clear the Gone: The Disappearance of Claudia Lawrence and Her Father's Desperate Search for the Truth globalization debate is really about whose interests are served bylobal elites and how we need to o about reclaiming a democracy that serves ordinary people This book should transform public discourse in America Robert Kuttner founding coeditor of the American.
Jeff Faux · 8 Free downloadVing any democratic nature to it and superseding the still standing national overnments At several points of argument Faux points to how these transnationals would not have been able to complete their "MANEUVERS THROUGH INTERNATIONAL TRADE AGREEMENTS WITHOUT "through international trade agreements without concession and agreement from the US Congress and political elites This calls to mind for me one uote from some time ago I don t want to eliminate the federal overnment I simply want it
to be small enough that I would be able to drown itbe small enough that I would be able to drown it a bathtub Could such a political impulse among American actors be coming into play to advance the needs of the transnational elite allowing them better opportunities to forge their free trade agreements between nations and then bypass national standards in hopes of making all the moneyI find it odd that Faux was so opposed to the rowth in power among the transnationals and yet he wants there to be a stronger bond in trade agreements within continents The transnationals have freed themselves from eographic obligations and yet Faux wants to the rest of us to battle them by better securing ourselves with the fortunes of our nations neighbors Do we not need to pull those transnationals back to earth and have them show some commitment to national interests have their rate of rowing personal wealth slow down until the rest of us can catch up with their futuristic visions and lives of living beyond any national borders He does a nice job in describing the European Union as a partial fix protecting many nations against the exploits of the transnationals by helping all those nations in that trade agreement to rise with their common tide Unfortunately his discussion of Ireland in this section was premature and offered a view before the Great Recession turned Ireland into a financial maelstrom His ideas for NAFTA to become a uasi EU is riddled with problems especially since the transnationals seem to have so much influence there are only three nations in that continent and other nations have staked out very low labor costs to compete with the US Canada and Mexico His solution does not seem to applyStill I definitely need to find out what Faux is doing currently and to see if his predictions about the US account deficit came true I also expect to find out about the latest work of Leslie Sklair Consider that as I write this review this book is 9 years oldThis book is awfully accurate awfully scary and awfully predictive Much of what he predicted 9 years ago has come or is coming true He predicts the backlash that has elected Mr Trump He predicts the backlash to NAFTA and the vanishing jobs He clearly disliked NAFTA from before it was done and that of course was not fashionable at the timeHis discussions about what has Hello, Snow! gone on isoing on and is A Little Dinner Before the Play going too on appear both to be mostly on target as of today That is what makes this a scary book because while he does not provide a lot of specifics about dealing with what is oing on what he does provide has pretty much not happened so far and conseuently the negative things he is talking about are continuing apace This is a friend of mine from DC haven t read ye. T book William Greider author of The Soul of Capitalism and Secrets of the Temple Globalization is a cover for American imperialism but the beneficiaries are not the American people at the expense of foreigners but corporate executives at the expense of working class and poor people wherever they may be Jeff Faux offers a comprehensive and devastating analysis Chalmers Johnson author of The Sorrows of Empire. Orporations are etting away with murder at the livelihood of the middle class Canada waz mostly class This book s do not seem likelyThe problem is not the extremists religious or otherwise the problem is that democracy is not working these corporations are playing fiddle with our societies In this book Jeff Faux of the Economic Policy Institute who was heavily involved in the fight against NAFTA in
"The Early 1990 S Surveys The State Of The US "early 1990 s surveys the state of the US lobal economies in light of the trade liberalization of the past couple of decades Not surprisingly he finds that trade has benefited corporate CEOs and investors at the expense of workers This has been "Accomplished He Argues Not Only "he argues not only moving production to countries with low cost labor but by outlawing individual countries from placing labor and environmental constraints on investment Faux skirts the edge of conspiracy theorizing stating correctly I think that no explicit conspiracy is needed when lobal elites already communicate in their preferred media The Economist anyone and at meet Not to worry Based upon the title of Jeff Faux s book you need not assume that he is calling for any lobal war between the economic classes No not at all He is merely reporting that the transnational elite are already waging the war and they are winning What seems to be in agreement with Freeland s book The Plutocrats Faux is saying that the transnational elites do not restrict themselves to supporting the national interests of their home country nor of their business or financial headuartered country They have removed themselves from those confines and I m extrapolating to my own conclusion they can play the nations against each other based on their own transnational oals Faux demonstrates how the constitutional characteristics entrench certain inviolate principles or norms that are above the reach of any national legislature to alter set limits on the behavior of Forbidden Reading governments define rights to citizenship establish a judicial system to interpret its own text in the case of conflicts and provide for enforcement of the court s decisions of NAFTA and World Trade Organization agreements for free trade across national boundaries have allowed the transnational elite to override the standards set by different nations substituting the standards of their own companies as they influence the bureaucratically directed non democratic newly invented supranationalovernance The transnationals still need some measure of A Northern Line Minute: The Northern Line governance to settle issues between their companies and their own interests but with NAFTA and WTO they have superseded so many national interests Labor unions consumer protection agencies dissenters to the Davos culture and the rest of us can not follow the transnationals through the possibilities of crossing national boundaries so their financial advantage over the rest of us is unassailable I love how Faux introduced Immanuel Kant into this discussion recalling Kant s prediction that anylobal Future Focus government would be too tyrannical to be worth the effort of supporting it Transnationals today have created an operationallobal overnment by remo. Prospect and a contributing columnist to BusinessWeek Jeff Faux's astonishing story of how class works will scandalize the best names in Wall Street and Washington especially the much admired Robert Rubin who along with other elites colluded behind the backs of ordinary citizens in Mexico Canada and the United States The most cynical Americans will be shocked by the sordid details This really is an importan. ,