Hillary Clinton: Capital’s Plan A
Hillary Clinton: Capital’s Plan A
Hillary Clinton has been talking about economic inequality lately, but there’s a reason Wall Street isn’t worried.
by Elizabeth Schulte
Hillary Clinton with Goldman Sachs CEO Lloyd Blankfein.
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As secretary of state, she pressured governments to change policies and sign deals that would benefit US corporations like General Electric, Exxon Mobil, Microsoft, and Boeing. She also promoted hydraulic fracturing, or fracking, and contracts with US oil companies like Chevron in Poland, Bulgaria, and elsewhere.
But perhaps her most telling corporate relationship is with the union-busting retail giant Walmart. Clinton served on the company’s board of directors from 1986 to 1992, and the law firm she worked for, Rose Law Firm, represented the corporation. During those years, Clinton sat quietly as Walmart waged a war on workers trying to unionize and fight for basic rights on the job. This fealty to Walmart never wavered. During her three trips to India as secretary of state, she tried to convince the government to reverse its law aimed at keeping out big-box retailers.
Clinton’s newfound populism would be laughable if it weren’t for her actual record — decades’ worth of cruel attacks on workers and the poor. From support for welfare reform and tough-on-crime policies in the 1990s to shilling for US corporations abroad as secretary of state, Clinton has never strayed from the Democratic Party’s aim — protecting corporate America’s bottom line.
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With her assistance, the Clinton administration managed what no Republican could achieve, shredding a key New Deal program that often served as the only thing standing between poor families and absolute destitution. The whole effort was steeped in the language of “personal responsibility,” getting people to work and off welfare, and “ending a culture of dependency” — as if poverty was the result of moral failings.
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Much more: https://www.jacobinmag.com/2015/05/hillary-clinton-president-walmart-business-feminist/
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