Send a Tweet
Most Popular Choices
Share on Facebook 19 Share on Twitter 1 Printer Friendly Page More Sharing
OpEdNews Op Eds    H3'ed 7/12/20

NYT Acknowledges Need for Economic Change-Without Crediting Those Who Would Bring It

By       (Page 1 of 2 pages) (View How Many People Read This)   1 comment
Author 63
Message Dave Lindorff
Become a Fan
  (88 fans)

The New York Times
The New York Times
(Image by Janne Rkklinen)
  Details   DMCA

By Dave Lindorff

Online readers of the New York Times might have been forgiven if, when they got to the editorial section on June 24, they thought they had accidentally jumped to the website of Socialist Action, or at least The Nation. In a 2,600-word editorial headlined: "Opinion: The Jobs We Need," the editorial board laid out a powerful case that "over the past four decades, American workers have suffered a devastating loss of economic power, manifested in their wages, benefits and working conditions."

The board members noted that over that same timeframe, the annual economic output of the United States had tripled, but, "with the help of policymakers from both political parties, the wealthy hoarded the fruits."

"The Jobs We Need" is the third "chapter" in a series titled "The America We Need," which, together with accompanying op-ed pieces, looks at the way confronting the Covid pandemic crisis could offer an opportunity to move the US away from its neoliberal/neoconservative experiment to a more collectivist and humane kind of society.

It moves well beyond opinion, though. In excruciating detail, it lays out the facts (many of them reported over the years in the Times by its own journalists, like now-retired labor reporter Steven Greenhouse, whose work is, curiously, not acknowledged or linked in the article). It shows that workers who used to earn union wages high enough to make them members of the middle-class were now earning half as much in constant dollars barely sufficient to keep a family above the poverty line.

"Picture the nation as a pirate crew," the editors write:

In recent decades, the owners of the ship have gradually claimed a larger share of booty at the expense of the crew. The annual sum that has shifted from workers to owners now tops $1 trillion.

Franklin D. Roosevelt noted in 1936 that "economic royalists" were complaining that his New Deal was attempting to "overthrow the institutions of America," when "what they really complain of is that we seek to take away their power." Citing FDR, the editorial board write:

Now as then, the nation's economic problems are rooted in political problems. And now as then, the revival of broad prosperityand the stability of American democracyrequire the imposition of limits on the political influence of the wealthy. It requires the government to serve the interests of the governed.

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

 

Valuable 1  
Rate It | View Ratings

Dave Lindorff Social Media Pages: Facebook Page       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Dave Lindorff, winner of a 2019 "Izzy" Award for Outstanding Independent Journalism from the Park Center for Independent Media in Ithaca, is a founding member of the collectively-owned, journalist-run online newspaper (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Israel's Gaza Atrocities Recall America's Atrocities in Vietnam

Looming climate catastrophe?: A Rapidly Warming Arctic Could Loose a Methane Climate Bomb Causing Extinction in 9 Years

Supreme Court Junket King Scalia Dies While Vacationing with Wealthy Patrons at Private West Texas Getaway

Something's happening here: Clinton's Crumbling, Bernie's Surging and a 'Political Revolution' May Be in the Offing

The Case for Impeachment of President Barack Obama

Barack Obama: Manchurian Candidate Version 2.0

To View Comments or Join the Conversation: