If you don't preserve your industrial base...
Posted by scapozzola on 07/27/2011
In an op-ed in The Nation today, Matt Stoller aptly characterizes the trouble facing America's manufacturers and their workers:
"By the early parts of the last decade, the ideal American multinational made its profits by using its market power to gut labor and supply prices and by using its political power to eliminate taxation. All of this turned giant American institutions against making things. . . . US corporate leaders now see the idea of making things as a cost of doing business, one best left to others."
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