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Labor in the Time of Trump$
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Jasmine Kerrissey, Eve Weinbaum, Clare Hammonds, Tom Juravich, and Dan Clawson

Print publication date: 2020

Print ISBN-13: 9781501746598

Published to Cornell Scholarship Online: May 2020

DOI: 10.7591/cornell/9781501746598.001.0001

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Introduction

Introduction

Chapter:
(p.1) Introduction
Source:
Labor in the Time of Trump
Author(s):

Jasmine Kerrissey

Eve Weinbaum

Clare Hammonds

Tom Juravich

Dan Clawson

Publisher:
Cornell University Press
DOI:10.7591/cornell/9781501746598.003.0001

This introductory chapter considers the causes for the sharp increase in inequality, weakened labor and left movements, and the resulting dominance of the corporate agenda following the 2016 U.S. presidential elections. Several trends have converged to define this moment. First, neoliberalism dominates the global economy. The neoliberal approach rejects the historical role of the government in overseeing the economy, which had been in place since the New Deal. The second trend is the process of globalization. Markets, finance, and production chains are not national but rather international, with capital and resources originating in different countries and crossing national borders. The third force is financialization. Financial interests increasingly dominate manufacturing and service industries.

Keywords:   Donald Trump, labor movement, 2016 presidential elections, neoliberalism, globalization, financialization, labor unions, unionization, inequality, political left

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