Corporate Fun and Games

Posted on August 13, 2010 by

What’s all the fuss about American companies making profits but not hiring new workers?

That’s been going on for at least 40 years. 

So what if earnings are up.  There’s nothing in our political or economic system to persuade, coerce or – sorry for this one – “incentivize” private sector job creation or retention.

Did you think that the decades-long corporate crusade to eliminate unions from the business economy was just for fun?  That is was just a way to slap around the blue-collar workforce and turn those smokestack factories into riverside condos?

No way.

This was a clear-headed and calculated strategy to remove the one institutional force that could fight it out with big business on a daily basis.

What’s left of job creation are marginal federal proposals to prevent police and teacher layoffs or give tax breaks to retailers to take on a few more part-time sales staff at $10 an hour.

Check out these stories about frightening high youth unemployment, the formation of a permanent underclass and a corporate culture which couldn’t care less.

And keep your ear to the ground as the desperation and outrage of unemployed and working poor Americans rattles its way through our society and shakes up our politics.

Comments (4)

 

  1. Goetz Wolff says:

    You are correct, but I don’t think you go far enough.

    The fuss to which you refer, unfortunately, seems to reside primarily with progressive talking heads and our labor leaders at “Rally for Jobs.”

    The remainder of the population is on “drugs” — American Idol…sports competition … self-indulgence … going shopping …

    Could the problem reside with…gasp…the nature of the beast: capitalism?

  2. Stephen L says:

    One of the last industries with widespread unionization is entertainment. The spreading of entertainment industry jobs to many cities other than Los Angeles is going to give the mother corporations of the studios the opportunity to bust the LA unions, including the active and frustrated writers and actors guilds. And coming soon to the barricades will be entertainment industry workers other than actors and writers. The President of IATSE—camera crews’ union—warned the membership recently that the health plan—for years one of the top plans in the US—will be in serious deficit in one year. When the industry loses the “cadillac” health plan for freelance workers, there will be real upset and disillusionment.

  3. Lenny Potash says:

    Good, at least in part, description of the problem and that it didn’t just start with this “recession”. But part of the problem I believe was reflected at the jobs rally where the rhetoric was great but mostly defensive and there wasn’t much of a positive future vision projected. Do we expect the private sector to come up with a massive jobs program because the un/under employed need it? Why didn’t Trumka talk about the government being an employer, at least of last resort? Isn’t our government supposed to provide for the general welfare? We also need to have an industrial policy in the U.S. that recognizes the importance of manufacturing. These are not new ideas to the AFL-CIO. Labor leaders need to popularize, educate and organize around that kind of vision. There’s widespread recognition of the need to rebuild infrastructure and to truly green our economy. Who are we waiting for to do it? Gadot?

  4. Salvador Sanchez says:

    Indeed, “a jobless recovery.” Corporate citizenship is foreign to corporate America today. General Motor’s CEO said back in the 1950s that what was good for GM was good for Americans. We can no longer say that, what is good for Wal-Mart is NOT good for us Lou.

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