Deindustrialization & Financialization of the U.S. Economy


Remember when candidate Jack Stanton, i.e. Bill Clinton, told American workers the “truth” about the new global economy, that jobs were not coming back? Well, the truth is that this was not inevitable; it was engineered by Clinton, his predecessor and two successors, in bipartisan collusion with global powers and principalities. Some reads:

  • The De-industrialization of America from Paul Craig Roberts et al.
  • Bowling Alone: How Washington Has Helped Destroy American Civil Society And Family Life from Zero Hedge
  • Premature Deindustrialization and its Consequences for Human Welfare from Developing Economics
  • “The Financialization of the U.S. Economy Has Produced Mechanisms That Lead Toward Concentration” from Pro-Market
  • From Progressive Neoliberalism to Trump—and Beyond from American Affairs
  • There was hope for change in 2016, but the last article notes that “the policies of President Trump have diverged from the campaign promises of candidate Trump.” He was up against both parties, the media, the banks, the multinational corporations, the entertainment industry, our “allies,” and even the military-industrial complex, so what could we have expected?

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