An energetic case for rethinking America’s economy in favor of working people.
As Lind shows, collective bargaining is the “central issue” at the heart of meaningful economic reform to reduce income inequality. There are several parts to that concept, including advancing union membership—unions are important counterbalances to the owners and rulers—and enshrining a series of measures to limit the ability of employers to offshore American jobs or bring in immigrant labor to perform it. Striking a populist tone, Lind urges that the immigration system must be remade to effectively bar the arrival of “unskilled” labor and sharply reduce the number of supposedly “skilled” immigrants, who are still poorly paid. “If H-1Bs are geniuses with unique and valuable skills that both American workers and immigrants with green cards lack,” writes the author, “then why are tech firms and their contractors so careful to pay most of their H-1Bs the very lowest wages possible under U.S. law?” A touch less stridently, Lind questions the “credential arms race” whereby companies prefer college degrees for jobs that don’t really require them, a shoot-self-in-the-foot strategy that keeps workers off the market while chasing degrees, supporting a corrupt academic establishment while at the same time suppressing the birth rate. The entire system, Lind argues, is predicated on a welfare state that “privatizes the benefits of cheap labor and socializes the costs.” Employers are able to keep wages low because that welfare state is willing to subsidize workers with food stamps and the like, passing the cost from the corporate bottom line to American taxpayers. Along the way, Lind proposes remaking the funding of Medicare and mandating a living wage. Though it will be a slog to get any of this done, Lind closes by insisting that it “is worth a try.”
A provocative, sometimes controversial manifesto against “neoliberal globalism.”