A Cautionary Tale for Labor Day

W.J. Astore In December 2010, I wrote the article below for Truthout.  Even as the economy was sputtering and jobs were scarce, Congress was seeking to cut unemployment benefits.  Eventually, a compromise was forged to maintain the benefits; the price was more tax cuts for the richest Americans.  Angered by the hypocrisy and greed on…

Everything is a Commodity

It’s Joe Bageant week at The Contrary Perspective.  Bageant is best know for writing Deer Hunting with Jesus, but his second (and sadly his last) book, Rainbow Pie: A Redneck Memoir, is equally good.  Bageant, a self-confessed “redneck,” worked his way into the middle class as an editor.  But he never forgot his roots in…

The Bitter Logic of Capitalism

A friend of mine knew the big wigs at a leading manufacturer of agricultural equipment back in the late 1960s.  He recalls reading an article back then in the Wall Street Journal about the company being sued for the deaths of farmers.  The gas tanks on some of their tractors were exploding because they were…