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Monday, Jan 23, 2012 8:52 PM UTC2012-01-23T20:52:00Zl, M j, Y g:i A T

The secret to making American workers competitive

Despite GOP claims, big business won't bring us more and better jobs. Obama should outline how the government will

romney_obama_gingrich

 (Credit: AP)

This originally appeared on Robert Reich's blog.

Who should have the primary strategic responsibility for making American workers globally competitive – the private sector or government? This will be a defining issue in the 2012 campaign.

In his State of the Union address, President Obama will make the case that government has a vital role. His Republican rivals disagree. Mitt Romney charges the president is putting “free enterprise on trial,” while Newt Gingrich merely fulminates about “liberal elites.”

American business won’t and can’t lead the way to more and better jobs in the United States. First, the private sector is increasingly global, with less and less stake in America. Second, it’s driven by the necessity of creating profits, not better jobs.

The National Science Foundation has just released its biennial report on global investment in science, engineering and technology. The NSF warns that the United States is quickly losing ground to Asia, especially to China. America’s share of global R&D spending is tumbling. In the decade to 2009, it dropped from 38 percent to 31 percent, while Asia’s share rose from 24 to 35 percent.

One big reason: According to the NSF, American firms nearly doubled their R&D investment in Asia over these years, to over $7.5 billion.

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Robert Reich, a professor of public policy at the University of California at Berkeley, was secretary of labor during the Clinton administration. He is also a blogger and the author of "Aftershock: The Next Economy and America's Future."  More Robert Reich

Friday, Dec 30, 2011 6:00 PM UTC2011-12-30T18:00:00Zl, M j, Y g:i A T

World on the verge of a nervous breakdown

Capitalism's ceaseless quest to cut costs made us more jittery in 2011, and there's no relief in sight.

An electronic board showing the FTSE MIB Index for the Italian equity market

Italian equities shape American realities  (Credit: Tony Gentile / Reuters)

For those looking for signs of how globalization has woven the world into a web of unexpected vulnerability, 2011 offered a bumper crop.

An earthquake in Japan sent the global auto manufacturing industry into a conniption.

A flood in Thailand drastically reduced supplies of computer hard drives, forcing even a titan like Intel to swiftly reduce revenue forecasts.

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Andrew Leonard

Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21.  More Andrew Leonard

Monday, Nov 14, 2011 3:30 PM UTC2011-11-14T15:30:00Zl, M j, Y g:i A T

The “American Century” has ended

The Great Recession, the Arab Spring and the euro crisis show how global relations are fundamentally shifting

Barack Obama, Moammar Gadhafi and George Papandreou

Barack Obama, Moammar Gadhafi and George Papandreou  (Credit: AP)

This originally appeared on TomDispatch.

In every aspect of human existence, change is a constant.  Yet change that actually matters occurs only rarely.  Even then, except in retrospect, genuinely transformative change is difficult to identify.  By attributing cosmic significance to every novelty and declaring every unexpected event a revolution, self-assigned interpreters of the contemporary scene — politicians and pundits above all — exacerbate the problem of distinguishing between the trivial and the non-trivial.

Did 9/11 “change everything”?  For a brief period after September 2001, the answer to that question seemed self-evident: of course it did, with massive and irrevocable implications.  A mere decade later, the verdict appears less clear.  Today, the vast majority of Americans live their lives as if the events of 9/11 had never occurred.  When it comes to leaving a mark on the American way of life, the likes of Steve Jobs and Mark Zuckerberg have long since eclipsed Osama bin Laden.  (Whether the legacies of Jobs and Zuckerberg will prove other than transitory also remains to be seen.)

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Andrew J. Bacevich is professor of history and international relations at Boston University. His latest book is "Washington Rules: America's Path to Permanent War"More Andrew Bacevich

Friday, Nov 11, 2011 5:01 PM UTC2011-11-11T17:01:00Zl, M j, Y g:i A T

How to solve the corporate tax problem

Our globalized economy creates too many loopholes for multinational firms. It's time to push for a universal system

ows_corporate_greed

 (Credit: AP/Mary Altaffer)

This originally appeared on KeriAnn Wells' Open Salon blog.

The United States is teeming for tax reform. Obama speaks eloquently of the rich “paying their fair share” while Republicans pledge never to raise taxes. Warren Buffett is taxed less than his receptionist. Occupiers rally for the 99 percent, while Tea Partyers rally behind 9-9-9.

Meanwhile, 25 of the Forbes top 100 companies paid their CEOs more than they paid Uncle Sam in 2010. Some of the big names are GE, Prudential and Verizon, all of which paid their CEOs well over $10 million, but paid no income tax whatsoever.

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KeriAnn Wells is a Master of Public Policy Candidate at the University of California, Berkeley.   More KeriAnn Wells

Sunday, Nov 6, 2011 6:00 PM UTC2011-11-06T18:00:00Zl, M j, Y g:i A T

What’s the language of the future?

As English takes over the world, it's splintering and changing -- and soon, we may not recognize it at all

english final

This article is excerpted from the new book, "The Language Wars: A History of Proper English" from Farrar, Straus and Girous.

No language has spread as widely as English, and it continues to spread. Internationally the desire to learn it is insatiable. In the twenty-first century the world is becoming more urban and more middle class, and the adoption of English is a symptom of this, for increasingly English serves as the lingua franca of business and popular culture. It is dominant or at least very prominent in other areas such as shipping, diplomacy, computing, medicine and education. A recent study has suggested that among students in the United Arab Emirates “Arabic is associated with tradition, home, religion, culture, school, arts and social sciences,” whereas English “is symbolic of modernity, work, higher education, commerce, economics and science and technology.” In Arabic-speaking countries, science subjects are often taught in English because excellent textbooks and other educational resources are readily available in English. This is not something that has come about in an unpurposed fashion; the propagation of English is an industry, not a happy accident.

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Monday, Sep 26, 2011 3:30 PM UTC2011-09-26T15:30:00Zl, M j, Y g:i A T

The collapse of neoliberal capitalism

For the moment, Asian economies are buoying the destructive model that's doomed the West. Will it last?

The failure of neoliberal capitalism

 (Credit: dibrova via Shutterstock)

More than 10 years ago, before 9/11, Goldman Sachs was predicting that the BRIC countries (Brazil, Russia, India, China) would make the world economy’s top ten — but not until 2040. Skip a decade and the Chinese economy already has the number two spot all to itself, Brazil is number seven, India 10, and even Russia is creeping closer. In purchasing power parity, or PPP, things look even better. There, China is in second place, India is now fourth, Russia sixth, and Brazil seventh.

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Pepe Escobar is the roving correspondent for Asia Times. His latest book is "Obama Does Globalistan"More Pepe Escobar

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