karl-leffme

19631 Articles by: Karl Leffme

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Karl Leffme is a socialist in New York CIty.

Economists Told Us “Flexible” Labor Markets Were a Good Thing. Now They’re Plunging the US Into an Economic Catastrophe

For decades, America’s “flexible” labor markets have been celebrated by economists and favorably compared to Europe’s “sclerotic” labor institutions — the products of a century of militant worker struggle. Now, thanks to that very flexibility, the US stands on the brink of an economic disaster.