Lowering Workers’ Wages is the Objective

14 December, 2010 — The Real News Network

Leo Panitch: Big Business opposed to government jobs programs, as their objective is to drive wages down through fear and global competition

Bio
Leo Panitch is the Canada Research Chair in Comparative Political Economy and a Distinguished Research Professor of Political Science at York University in Toronto. Panitch is also the author of “Global Capitalism and American Empire” and his most recent release “American Empire and the Political Economy of International Finance”. In addition to his university affiliation he is also a co-editor of the Socialist Register the latest volume of which is The Crisis This Time.

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