December 1, 2011
Andy Stern: In praise of Communist China
See also: A Stern Vision of America
Oh, the irony! If former SEIU Thug-in-chief Andy Stern tried to set up a union independent of the Chinese government, he would be thrown in prison for a very long time.
And yet, here he is on the pages of the (just whisper it, Andy) WALL STREET Journal, praising the Chinese "model" (whatever that is) and gloating over the "death" of free market capitalism:
The conservative-preferred, free-market fundamentalist, shareholder-only model-so successful in the 20th century-is being thrown onto the trash heap of history in the 21st century. In an era when countries need to become economic teams, Team USA's results-a jobless decade, 30 years of flat median wages, a trade deficit, a shrinking middle class and phenomenal gains in wealth but only for the top 1%-are pathetic.
This should motivate leaders to rethink, rather than double down on an empirically failing free-market extremism. As painful and humbling as it may be, America needs to do what a...(Read Full Post)