Summary:
Explore the economic evolution over the past 50 years as Dr. Jim examines the factors leading to America's growing wealth disparity. Look into the policies of Ronald Reagan, Don Regan, and Jack Welch, which reshaped manufacturing, labor, and the middle class. Dr. Jim contends that these shifts have perpetuated a 50-year economic "con job," benefiting the wealthy at the expense of the average worker, transforming the landscape of American society. Discover how these historical decisions continue to shape today’s economic challenges and the diminishing power of the working and middle classes.
Chapters:
0:00
The Economic Policies That Led to Wealth Inequality
1:52
Reagan's Influence on Offshoring and Economic Policy Shifts
4:13
Overcoming Costs to Offshore Manufacturing for Long-Term Gains
4:44
The Shift from Manufacturing to a Service-Based Economy
6:26
The Erosion of Purchasing Power Over Decades
7:35
Jack Welch's Influence on Toxic Corporate Cultures
8:45
The Impact of Republican Policies on American Workers
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Music Credit: Good_B_Music
Mentioned in this episode:
Left in Exile Intro
Left in Exile Intro