Inequality and the Global Race to the Bottom
The chase after ever cheaper sites for manufacturing is causing rising inequality, low-wage misery, and unsafe workplaces in many parts of the world, the United States included.
by onepercenttakers · Published · Updated
Tags: corporationsrace to the bottomworkers
by onepercenttakers · Published September 16, 2014 · Last modified November 25, 2015
by onepercenttakers · Published June 8, 2014 · Last modified August 10, 2014
by onepercenttakers · Published August 7, 2020
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.