I believe it is not, as Ed claims, that the American 1% - in the guise of transnational corporations - wants to spend as little on wages and worker protection in order to make a maximum of profits. International corporations represent an international 1%, and THEY, as a group, want to make as much money as possible. NONE OF THEM care a damn about their 99% or anyone else’s. And of course they prefer to produce stuff where it costs least. But giving ‘American’ or ‘European’ jobs to Vietnamese doesn’t only hurt the former: it brings landowners’ serfs to cities where they become factory-owners serfs expected not only to produce but to consume in mindless cycle that really only benefits the 1%. (The 1% get to really choose what they consume, though it makes them increasingly mindless too.
Ed, I think you’re way to smart and knowledgeable to really believe your own rant. I suspect the problem is that in order to stay on MSNBC you have to limit yourself to telling only part of the story, the part that is relevant to American workers. I understand that. But please don’t try to suggest that Poor President Obama is just being advised by the wrong people. He’s too smart and knowledgeable not to know the color of the advice he is and has been getting since day one.
It’s unfortunate if admissions that even a personable, credentialed black man with a lovely family can’t save the United States from its accelerating decline are met with accusations of being a turncoat. But isn’t that similar to people who criticize Israel for imitating the Jews’ assassins being called anti-Semites?
When people like Ed Schultz can keep their job at MSNBC while telling the whole story, then progressives will be able to say in good faith that maybe this country can be saved without a revolution. Until then, pretending it’s so just kicks that can down the road.