Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Even though protectionism appeared to be a ready solution to the globalizing labor market, U.S. trade unionists remained hamstrung by their push for higher tariff barriers. Protectionist restrictions tended to offer little to workers on the community level, and tariffs often actually insulated corporations from competitive pressures and still left management free to squeeze its workforce. Most important, protectionism tended to erect "barriers of ill will" between the wage earners of different nations-particularly those of the First and Third Worlds. The lessons that might have been learned from the migration of capital to the U.S. South-that regulatory mechanisms that ensured an upward, rather than downward, harmonization of regional economies may be the only solution-were lost when it came to formulating strategies for the transnational level. Although the flight of jobs to foreign lands indicated that business and the state had abdicated their ends of the postwar bargains, organized labor continued to try to uphold the entire framework through protectionist measures until a Democratic president put his full weight behind the passage of the North American Free Trade Agreement, signaling the bitter end. The PATCO strike, when President Reagan permanently replaced striking air-traffic controllers, is frequently cited as the symbolic end of labor's political clout. Labor's power had been dwindling since the 1970s, and the passage of NAFTA by a member of"labor's own" party demonstrated just how marginal organized labor had become to the political process. [...]

—p.193 The Distances In Between (180) by Jefferson R. Cowie 3 years, 6 months ago