Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

In Our Hands Is Placed the Power: The Fight for $15: The Right Wage for a Working America and No Shortcuts: Organizing for Power in the New Gilded Age

In Our Hands Is Placed the Power: The Fight for $15: The Right Wage for a Working America and No... 114 New Labor Forum 26(2) maintain full employment,” Hansen wrote in 1939. Rather than wait for an uncertain future, however, Hansen argued for public policies to ease dependence on private capital. Although Gordon proposes ways of mitigating the lan- guishing effects of slowed productivity growth, none of them are as bold as his analysis indicates. Waiting soberly without illusions is still waiting. As of this writing, the president-elect’s infrastructure program does not appear to con- sist of any substantial public investment. His website promises a “to help attract new private infrastructure investments through a deficit- neutral system of infrastructure tax credits.” Business has not been forthcoming with the new capital outlays necessary for growth, but perhaps the combination of a release of corpo- rate taxes and the presence of an ally in the White House will persuade enough boardrooms to raise investment spending. Corporate cash holdings in 2016 rose to $1.84 trillion, nearly double the incoming administration’s promised infrastructure investment price tag. Unless they can be deprived of the privilege or shocked into action, the future will ultimately depend, as usual, on the whims of business leaders. The agonizing debate over how to revitalize the U.S. labor movement now http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png New Labor Forum SAGE

In Our Hands Is Placed the Power: The Fight for $15: The Right Wage for a Working America and No Shortcuts: Organizing for Power in the New Gilded Age

Sonti, Samir
New Labor Forum , Volume 26 (2): 6 – May 1, 2017
Download PDF
6 pages

Loading next page...
 
/lp/sage/in-our-hands-is-placed-the-power-the-fight-for-15-the-right-wage-for-a-k9gogwHURY

References (0)

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
SAGE
Copyright
© 2017, The Murphy Institute, City University of New York
ISSN
1095-7960
eISSN
1557-2978
DOI
10.1177/1095796017700386
Publisher site
See Article on Publisher Site

Abstract

114 New Labor Forum 26(2) maintain full employment,” Hansen wrote in 1939. Rather than wait for an uncertain future, however, Hansen argued for public policies to ease dependence on private capital. Although Gordon proposes ways of mitigating the lan- guishing effects of slowed productivity growth, none of them are as bold as his analysis indicates. Waiting soberly without illusions is still waiting. As of this writing, the president-elect’s infrastructure program does not appear to con- sist of any substantial public investment. His website promises a “to help attract new private infrastructure investments through a deficit- neutral system of infrastructure tax credits.” Business has not been forthcoming with the new capital outlays necessary for growth, but perhaps the combination of a release of corpo- rate taxes and the presence of an ally in the White House will persuade enough boardrooms to raise investment spending. Corporate cash holdings in 2016 rose to $1.84 trillion, nearly double the incoming administration’s promised infrastructure investment price tag. Unless they can be deprived of the privilege or shocked into action, the future will ultimately depend, as usual, on the whims of business leaders. The agonizing debate over how to revitalize the U.S. labor movement now

Journal

New Labor Forum – SAGE

Published: May 1, 2017

There are no references for this article.