What the Economy Is Really For — And Why Tariffs Miss the Point
The money to support well-paid American jobs exists—it’s just being hoarded at the top. Economist William Lazonick argues that this is not just unfair; it’s a failure of the whole economic system.
For the last 40 years, millions upon millions of hard-working Americans have been clocking in, doing their part -- and getting less in return. They are very upset, as well they should be. Wages have stalled. Job security’s a joke.
Yet corporate profits are sky high.