Wall St. and the Crisis of US Imperialism

Things Fall Apart: Wall St. and the Crisis of US Imperialism

In the print edition...

• Things Fall Apart: Wall St. and the Crisis of US Imperialism, by Joe Sims and Joel Wendland
• Who is the Real John McCain?, by Norman Markowitz
• Africa Looks East, by Gerald Horne
• La crisis economica y como combatirlo, por Joe Sims y Joel Wendland
• Overcoming Unscientific Concepts of Working Class, by Erwin Marquit
• Click here for the latest episode of Political Affairs radio

As the economic crisis deepens and Republican nominee Sen. John McCain (AZ) admits he doesn’t “know much about economics,” voters, especially working-class voters, are looking for a change from Bush-style politics and leadership that will actually address economic issues.

The 2008 election will be a defining moment in American history. In that election, John McCain will carry the banner of Barry Goldwater, Ronald Reagan, George H.W. Bush, and most of all, George W. Bush.

“Look East My son. Look East.” Those were the sage words of Kenyan journalist, Wanjohi Kabukuru, as he assayed the results of his President’s visit to Beijing, in just the latest journey from the continent – Africa – most ravaged by the savagery of imperialism.

Mientras más se profundiza la crisis y mientras reconozca el candidato republicano a la presidencia, el senador John McCain de Arizona, que “no sabe mucho sobre la economía,” los votantes, especialmente los de clase trabajadora, buscan un cambio de la política y del liderazgo estilo Bush para dirigirse de manera real a las cuestiones económicas.

Is a computer software designer, for instance, or a waiter in a tourist resort, a member of the working class? Is their labor productive or unproductive? In this paper I address some longstanding prejudices about the class identification of workers employed in the production of nonmaterial commodities or in sectors usually categorized as services.