Mark Thomas

New sinews of working class power

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Much has been written about how globalisation has rendered workers powerless. American socialist Kim Moody’s important new book on the restructuring of capital in the past four decades argues that the working class, far from disappearing, has renewed potential power, writes Mark L Thomas.

The defeats suffered by the working class movement from the late 1970s onwards created a new common sense that saw the increased internationalisation of the world economy as having fragmented and dissolved the working class. It might still show up in statistics but its collective power had been undermined, perhaps fatally.

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