The One Percent Solution: How Corporations Are Remaking America One State at a Time
Gordon Lafer
Abstract
In the aftermath of the 2010 Citizens United decision, it's become commonplace to note the growing political dominance of a small segment of the economic elite. But what exactly are those members of the elite doing with their newfound influence? This book presents an account of legislation promoted by the US's biggest corporate lobbies across all fifty state legislatures and encompassing a wide range of labor and economic policies. In an era of growing economic insecurity, it turns out that one of the main reasons life is becoming harder for American workers is a relentless—and concerted—offen ... More
In the aftermath of the 2010 Citizens United decision, it's become commonplace to note the growing political dominance of a small segment of the economic elite. But what exactly are those members of the elite doing with their newfound influence? This book presents an account of legislation promoted by the US's biggest corporate lobbies across all fifty state legislatures and encompassing a wide range of labor and economic policies. In an era of growing economic insecurity, it turns out that one of the main reasons life is becoming harder for American workers is a relentless—and concerted—offensive by the country's best-funded and most powerful political forces: corporate lobbies empowered by the Supreme Court to influence legislative outcomes with an endless supply of cash. These actors have successfully championed hundreds of new laws that lower wages, eliminate paid sick leave, undo the right to sue over job discrimination, and cut essential public services. The book shows how corporate strategies have been shaped by twenty-first-century conditions—including globalization, economic decline, and the populism reflected in both the Trump and Sanders campaigns of 2016. Perhaps most important, the book shows that the corporate legislative agenda has come to endanger the scope of democracy itself.
Keywords:
economic elite,
economic insecurity,
paid sick leave,
wages,
job discrimination,
Republican leadership,
populism,
globalization,
economic decline,
corporate lobbies
Bibliographic Information
Print publication date: 2017 |
Print ISBN-13: 9781501703065 |
Published to Cornell Scholarship Online: September 2017 |
DOI:10.7591/cornell/9781501703065.001.0001 |