The decision by President Nixon to close the gold window shattered the international monetary system that had formed a key foundation of the postwar capitalist order.
In the Budget Scramble, Don t Forget Worker Rights - The American Prospect prospect.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prospect.org Daily Mail and Mail on Sunday newspapers.
The People, It Depends nplusonemag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nplusonemag.com Daily Mail and Mail on Sunday newspapers.
Forty years since the PATCO strike: Part one “
The ruling class considers the destruction of PATCO as inseparable from its overall capitalist policy of defending the profit system with a program of unrestrained militarism internationally and savage austerity for the working class within the United States.” Bulletin
On August 3, 1981, 13,000 members of the union of air traffic controllers in the US the Professional Air Traffic Controllers Organization (PATCO) went out on strike against their employer, the Federal Aviation Administration (FAA). For years, employment levels and safety measures had failed to keep up with increasing commercial air traffic. Extreme stress forced a majority of controllers into early retirement. PATCO workers demanded a shorter workweek, higher wages and increased staffing.
NLRB majority votes to keep Scabby The Rat alive peoplesworld.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peoplesworld.org Daily Mail and Mail on Sunday newspapers.