"Social inequality is at levels unprecedented in modern history. In New York, 50 cents out of every dollar in salaries is going to the richest 1 percent. Financiers are routinely spending tens of millions of dollars on mansions. The sums available to support the lifestyles of Wall Street parasites are unlimited. "Yet there is no money for basic infrastructure, education, health care or jobs! "The offensive against the social conditions of the working class has been underway for nearly four decades, driven by the decline in the global economic position of American capitalism, the decimation of its industrial infrastructure, and the growth of financial parasitism. This assault has been intensified since the financial crash of 2008, spearheaded first by the Bush and then the Obama administration. "The aim of the ruling class is to eradicate what remains of the social gains won by the working class in the course of the 20th century. Everything from the eight-hour day to child labor laws, pensions, health care, public education, Social Security, Medicare—all of which were obtained as a result of enormous and often bloody struggles—are targeted for destruction. The plan is to restructure American society by turning the clock back to the days before there were any forms of social protection for working people."
Posted on: Tue, 23 Jul 2013 22:22:39 +0000
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