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James Galbraith: Wage Stagnation and Populism – A Comment on David Brooks and Noah Smith
nakedcapitalism.com/2025/05/james-galbraith-wage-stagnation-and-populism-a-comment-on-david-brooks-and-noah-smith.html
Yves here. This very accessible essay by James Galbraith eviscerates disingenuous “‘Tis a mystery!” efforts to ignore the role of neoliberalism in the lack of real wage gains for decades. Since labor power had been weakened, it progressed to the disease stage before pushback took place…
This story appeared on nakedcapitalism.com, 2025-05-28 09:48:19.