Sunday , December 22 2024
Home / Mike Norman Economics / James Petras — Big Business Strikes Back: The Class Struggle from Above

James Petras — Big Business Strikes Back: The Class Struggle from Above

Summary:
IntroductionBankers, agro-business elites, commercial mega owners, manufacturing, real estate and insurance bosses and their financial advisers, elite members of the ‘ruling class’, have launched a full-scale attack on private and public wage and salary workers,and small and medium size entrepreneurs (the members of the ‘popular classes’). The attack has targeted income ,pensions, medical plans, workplace conditions, job security, rents, mortgages, educational costs, taxation,undermining family and household cohesion.  Big business has weakened or abolished political and social organizations which challenge the distribution of income and profits and influence the rates of workplace output. In brief the ruling classes have intensified exploitation and oppression through the ‘class

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Robert Skidelsky writes The Roots of Europe’s Immigration Problem – Project Syndicate

Nick Falvo writes Report finds insufficient daytime options for people experiencing homelessness

Nick Falvo writes Housing and homelessness in London (England)

Matias Vernengo writes Podcast with about the never ending crisis in Argentina

Introduction

Bankers, agro-business elites, commercial mega owners, manufacturing, real estate and insurance bosses and their financial advisers, elite members of the ‘ruling class’, have launched a full-scale attack on private and public wage and salary workers,and small and medium size entrepreneurs (the members of the ‘popular classes’). The attack has targeted income ,pensions, medical plans, workplace conditions, job security, rents, mortgages, educational costs, taxation,undermining family and household cohesion. 
Big business has weakened or abolished political and social organizations which challenge the distribution of income and profits and influence the rates of workplace output. In brief the ruling classes have intensified exploitation and oppression through the ‘class struggle’ from above.
We will proceed by identifying the means, methods and socio-political conditions which have advanced the class struggle from above and, conversely, reversed and weakened the class struggle from below....
Big Business Strikes Back: The Class Struggle from Above
James Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova Scotia

See also

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *