The Rise And Decline Of The Welfare State

Over the past forty years the working class and the rump of what was once referred to as the ‘labor movement’ has contributed to the dismantling of the social welfare state, voting for ‘strike-breaker’ Reagan, ‘workfare’ Clinton, ‘Wall Street crash’ Bush, ‘Wall Street savior’ Obama and ‘Trickle-down’ Trump.

Gone are the days when social welfare and profitable wars raised US living standards and transformed American trade unions into an appendage of the Democratic Party and a handmaiden of Empire.  The Democratic Party rescued capitalism from its collapse in the Great Depression, incorporated labor into the war economy and the post- colonial global empire, and resurrected Wall Street from the ‘Great Financial Meltdown’ of the 21st century.

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