Competitiveness, trade and innovation were the globalization themes in the late 90s. The triumph of the US model was emphasized. Now we see there are big holes in the American model. The economy is increasingly deregulated. We have to ask whether the market approach really works. Government intervention and public jobs are vital when the private sector refuses to create jobs.
to hear the interview with Stephen Diamond, law professor at UC Santa Cruz, posted January 25, 2011 on www.therealnews.com, click on
http://www.therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6143
Original: Video: State of the Union: Objective Jobs or Reelection