Let's invest in full employment, world-class skills, and technology that works for workers.
As we
know, the barons of Wall Street haven’t hesitated to raid our public treasury
and haul off trillions of dollars worth of government bailouts and special tax
breaks to subsidize their “free market” ventures.
So guess
who’s the major force pushing policymakers to slash federal spending and kill
programs that improve opportunities for regular people?
Bingo!
The barons. Through their lobbyists, front groups, and the politicians they’ve
purchased, these high-finance royals have gained a stranglehold on policy,
choking off the public investment that lifts up the poor and middle class.
Think of
the progress we could be making. The United States would have the best public
education system, not one of the worst among wealthy nations. We’d be upgrading
the Affordable Care Act to Medicare-for-all from the best option we could
squeeze through Congress. We could re-establish our technological supremacy and
build the green economy of the future.
Rather
than succumbing to a bleak future of low-wage, part-time, temporary,
no-security jobs, let’s invest in full employment, world-class skills, and
technology that works for workers.
While
we’re at it, we can restore democratic power with public financing of all
election campaigns, strengthen labor laws so workers themselves can democratize
the workplace, and encourage the development of co-ops as an alternative to
corporate control of the economy.
That’s
an America that is worthy of us, an America we can build.
But to
do it, we must first create a new political movement that directly confronts
the narcissistic nabobs who are knocking down our people and our country. With
such a movement, we can rally the increasingly-restive workaday majority to
come together in a populist effort to cut off Wall Street and re-fund America.
OtherWords columnist Jim Hightower is a radio commentator,
writer, and public speaker. He’s also editor of the populist newsletter, The
Hightower Lowdown. OtherWords.org