The Expendables The Expendables

The Expendables

How the Middle Class Got Screwed By Globalization

    • 4.8 • 6 Ratings
    • $11.99
    • $11.99

Publisher Description

From the #1 bestselling author of Why Your World Is About to Get A Whole Lot Smaller, a provocative, far-reaching account of how the middle class got stuck with the bill for globalization, and how the blowback—from Brexit to Trump to populist Europe—will change the developed world.

Real wages in North America have not risen since the 1970s. Union membership has collapsed. Full-time employment is beginning to look like a quaint idea from the distant past. If it seems that the middle class is in retreat around the developed world, it is.
     Former CIBC World Markets Chief Economist Jeff Rubin argues that all this was foreseeable back when Canada, the United States and Mexico first started talking free trade. Labour argued then that manufacturing jobs would move to Mexico. Free-trade advocates disagreed. Today, Canadian and American factories sit idle. More steel is used to make bottlecaps than cars. Meanwhile, Mexico has become one of the world's biggest automotive exporters. And it's not just NAFTA. Cheap oil, low interest rates, global deregulation and tax policies that benefit the rich all have the same effect: the erosion of the middle class.
     Growing global inequality is a problem of our own making, Rubin argues. And solving it won't be easy if we draw on the same ideas about capital and labour, right and left, that led us to this cliff. Articulating a vision that dovetails with the ideas of both Naomi Klein and Donald Trump, The Expendables is an exhilaratingly fresh perspective that is at once humane and irascible, fearless and rigorous, and most importantly, timely. GDP is growing, the stock market is up and unemployment is down, but the surprise of the book is that even the good news is good for only one percent of us.

GENRE
Politics & Current Events
RELEASED
2020
August 18
LANGUAGE
EN
English
LENGTH
368
Pages
PUBLISHER
Random House of Canada
SELLER
Penguin Random House Canada
SIZE
1.7
MB

Customer Reviews

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The End of Growth The End of Growth
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The Carbon Bubble The Carbon Bubble
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Why Your World Is About to Get a Whole Lot Smaller Why Your World Is About to Get a Whole Lot Smaller
2009
La fin de la croissance La fin de la croissance
2012
Por qué el mundo está a punto de hacerse mucho más pequeño Por qué el mundo está a punto de hacerse mucho más pequeño
2011
A Map of the New Normal A Map of the New Normal
2024

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