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    Industrial Policy Is Not a Remedy for Income Inequality

    Industrial Policy Is Not a Remedy for Income Inequality

    We have to recognize that the upward redistribution of the last four decades was not something that just happened, it was the outcome of deliberate policy choices.

    Dean Baker
    Dec 26, 2022

    The idea of industrial policy has taken on almost a mystical quality for many progressives. The idea is that it is somehow new and different from what we had been doing, and if we had been doing industrial policy for the last half-century, everything would be better.

    This has led to widespread applause on the left for aspects of President Biden’s agenda that can be considered industrial policy, like the CHIPS Act, the Inflation Reduction Act (IRA), and the infrastructure package approved last year. While these bills have considerable merit, they miss the boat in reducing income inequality in important ways.

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    Opinion
    Inequality
    ManuelLópezObrador

    Latin American Leaders Should Stand Up for People, Not American Neoliberalism

    As leaders gather in Los Angeles, a reflection on the past two decades of battles against neoliberalism and for a more just and equitable alternative in the Americas.

    Manuel Perez Rocha
    Jun 10, 2022

    Each Summit of the Americas, like the one taking place in Los Angeles June 6-10, offers an opportunity for people from Latin America and the Caribbean to assess the state of unity--or division--in the face of U.S. imperialism and corporate power.

    It is encouraging that the Mexican leader is attempting to steer the discussion away from neoliberalism and towards a positive vision for the entire hemisphere.

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    Opinion
    Politics
    Assembly line workers assemble Chevy Volt electric vehicles and Opel Amperas at the General Motors Detroit Hamtramck Assembly Plant October 11, 2011 in Hamtramck, Michigan. Officials from the White House Council on Environmental Quality and the National Highway Traffic Safety Administration toured the plant today to highlight the Obama administrations fuel economy standards.

    Labor Win in Mexico Augurs Greater Equality for Workers on Both Sides of the Border

    The importance of the workers' struggle at a General Motors plant in Silao, Mexico has been likened to the "sit-down strike" of GM workers in Flint in the 1930s.

    Sam Pizzigati
    Feb 06, 2022

    The U.S. labor movement, after a depressing January, needed some encouraging news. That encouraging news has just come -- from Mexico.

    What put the damper on January? The U.S. Department of Labor two weeks ago released its annual figures on "union density," the share of America's labor force that carries union cards. Activists across the country were expecting to see the new figures show a healthy uptick in labor's overall ranks. The past year had, after all, been remarkably upbeat, with a new wave of union organizing taking shape -- and making headlines -- in giant nonunion empires like Amazon and Starbucks.

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    Opinion
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