global economy

Uyghurs are the Slave Labor for Global Companies; Tax Dodgers Love to Knee-Cap the IRS

Leave a Comment / Forced Labor / By max cyril

China’s leaders and wealthy elites are willing partners of global capitalism, opening up its doors, willingly, to Wal-Mart and huge multinational companies so those companies can produce trillions of dollars of stuff using cheap slave labor—in good capitalist style. Since 2017, China has been conducting a steady campaign of mass transfer of more than a …

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Government Must Act to Stop Spread of Economic and Financial Consequences of Coronavirus

Leave a Comment / economy, Infectious Disease / By max cyril

The stock market fell 7% at the open Monday morning. That may not sound like a lot, but it’s a catastrophic collapse—a financial crisis type number. Typically, the market might gain or lose in a whole year the value that was lost by the time the sound of the opening bell faded. The collapse appears to …

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Politics Affect Unionization Rates, Study Finds

Leave a Comment / Uncategorized / By max cyril

If union density is declining in the United States (and it is), it’s because unions can’t compete in the global economy, right? That’s the story we’re often told, anyway, but a new Center for Economic and Policy Research report says that actually, politics plays a major role (PDF). The CEPR study compares 21 countries with rich …

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G-20 Labor Leaders Meet at AFL-CIO for Labor Summit

Leave a Comment / economy / By max cyril

When the world’s banks were going under, governments jumped to their aid. Now with record numbers of people out of work, it’s past time for governments to put working people first, or the fledgling economic recovery could fall apart. Leaders from the G-20 nations issued this warning while in Washington, D.C., this week for the …

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Sweatshop-Free Gifts For The Holidays

Leave a Comment / Christmas, Workplace Conditions / By max cyril

Last month I told you how to buy union-made treats for Halloween. But now Christmas is coming, and that means even more shopping — and for a wide range of stuff beyond just chocolates. With the rise of globalization and outsourcing, the shopper’s dilemma is especially acute when buying clothes. You don’t want your holiday …

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G8 Union Leaders Issue Urgent Call to Tackle Jobs Crisis

Leave a Comment / economy / By max cyril

The global union movement is issuing an urgent call for the leaders of the Group of Eight nations to tackle the deepening jobs crisis at their summit meeting in L’Aquila, Italy, next month. The leaders must develop a coordinated and jobs-orientated international recovery and sustainable growth plan that focuses on creating good jobs and re-regulating …

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