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The New Class Conflict

The New Class Conflict

Joel Kotkin

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Tag: Manufacturing

Two Detroits, Separate and Unequal

On the brink of a new, post-bankruptcy beginning, Detroit is really two cities. One is comprised of wealthy enclaves linked to a compact, rapidly redeveloping downtown. The other is made up of the rest of the 139-square-mile urban expanse, populated by longtime residents who have fought for decades to survive in an environment that has become increasingly uninhabitable.

Posted on Nov 17, 2014 READ MORE

pio3 /

Juking the Job Stats

A decade ago, as the United States hemorrhaged manufacturing jobs, the federal government considered reclassifying fast food as a manufacturing industry.

Posted on Aug 8, 2014 READ MORE

The Heartland Election

We still make a lot of stuff in the United States of America, and one of the good things about this election is that it is likely to be decided in the nation’s industrial heartland.

Posted on Oct 28, 2012 READ MORE

DonkeyHotey (CC BY 2.0)

Eurozone Headed for a New Recession

The eurozone is headed for another recession as its economic output shrinks again in 2012’s third quarter, economists say.

Posted on Aug 23, 2012 READ MORE

AP / Richard Drew

Stock Market’s Wild Ride Continues

The stock market is revisiting last week’s extreme volatility, with the Dow Jones average plummeting 471 points in the first two hours of trading Thursday. (more) Update: At the closing bell, the Dow was down about 419 points, 3.7 percent, to roughly 10,990.

Posted on Aug 18, 2011 READ MORE

Flickr / epicharmus

The U.S. Economy’s Stagnation Problem

The economic indicators for May aren’t pretty, throwing up red flags that American job growth and factory output aren’t enough to carry the U.S. economy into a recovery and forcing a critical look at the way the crisis has been managed. (more)

Posted on Jun 1, 2011 READ MORE

Economic Suicide

Is it a case of murder, or has the Western economy deliberately, if unwittingly, attempted suicide and nearly succeeded?

Posted on Jan 5, 2011 READ MORE

Good Business, for CEOs and Commoners Alike

Our government already favors certain industries—finance and defense, among them. President Obama should identify the parts of the private sector that share an interest in reducing the dreadful inequalities that have metastasized over nearly four decades.

Posted on Dec 19, 2010 READ MORE

Flickr / diongillard

Toyota Moving Forward With Recall, Sales Freeze, Factory Timeout

The world’s biggest automaker is in even bigger trouble. Following an earlier recall of 4.2 million vehicles and a second recall of 2.3 million, Toyota is suspending sales of eight models and halting production at five plants in North America. (continued)

Posted on Jan 26, 2010 READ MORE

Flickr /

China Becomes New World Export Leader

China is heading into the Year of the Tiger with a roar. Last week it was announced that China has surpassed the U.S. as the world’s biggest auto market, and this week Chinese state media is reporting that the country’s exports leaped 17.7 percent in December, overtaking Germany as the global leader.

Posted on Jan 10, 2010 READ MORE


China Roars Past U.S. to Become No. 1 Auto Market

With the U.S. economic slump and the seemingly never-ending boom in Chinese manufacturing, it comes as no surprise that China has become the world’s biggest car market, with 13.5 million vehicles sold in 2009—or 2.1 million more than the U.S.

Posted on Jan 8, 2010 READ MORE

Cash for Clunkers
Flickr / billaday

U.S. Economy Showing Signs of Life

A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to revive from its near-death experience last fall.

Posted on Sep 9, 2009 READ MORE

Textile Plant

Factories Echo Recession Pangs

Following in the footsteps of 2008’s dismal economic news, global manufacturing has fallen to low levels unseen for decades. In the U.S., factory activity has dropped to a 28-year low, marking a slump that further adds to the bad economic trends as we enter 2009.

Posted on Jan 2, 2009 READ MORE

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