|
Yeskel co-authors book on growing economic
divide
by Daniel
J. Fitzgibbons, Chronicle staff
 |
| Felice
Yeskel |
he
exploits of dot-com millionaires, mega-bank mergers and soaring stocks
seem to blur into an endless string of media reports these days, but
Felice Yeskel views the current economic boom through the lens of
history.
"Society
is growing more economically unequal," she says. "One
percent of the population owns more wealth than 90 percent combined.
That level of inequality hasn't been seen since 1929."
Since the late
1980s, says Yeskel, "The economy has been great if you're an
asset owner."
As a counterpoint
to the glowing news accounts of the economic boom, Yeskel translated
her concerns about economic inequity into a new book, "Economic
Apartheid in America: A Primer on Economic Inequality and Insecurity."
As the title indicates, the work is intended to introduce readers
to the economic system using straightforward language and easily
understood illustrations, charts and cartoons.
Released on Labor
Day by The New Press, the book is co-authored by Hampshire College
alumnus Chuck Collins and United for a Fair Economy, an advocacy
group the two founded in 1994. Yeskel says the book is partly intended
to serve as a "wake-up call" about what's wrong with the
economy and offers some suggestions for turning things around through
political action.
Though she is
not an economist, the director of The Stonewall Center has a longstanding
interest in issues of class and their relationship to social problems
such as racism, sexism and homophobia.
The role of the
economy in those issues came alive for Yeskel in the 1980s, when
a number of groups, including gays, immigrants, women and children
on welfare, and the homeless, became targets of political and social
rhetoric.
Both Yeskel,
who was active on gay rights issues, and Collins, who was working
on issues affecting the homeless, grew increasingly frustrated by
the political and economic pressures that, in their view, were exacerbating
the problems.
"When people
are stressed by work, they scapegoat people," says Yeskel.
"Legislators were saying people were more worried about themselves
than the homeless or immigrants."
All the while,
she said, some politicians exploited the divide, blaming various
groups for a host of social, economic and political ills. But as
Yeskel saw the problem, the divisiveness was directly related to
economic pressures.
"I don't
think gay people are destroying the nuclear family," she remembers
thinking at the time, "but the economy is."
"My concern
around issues of class led me kicking and screaming to economics,"
she jokes. Studying the development of the U.S. economic system
and American history gave her a new perspective on the current state
of the nation.
"In the
last 20 years, there have been dramatic shifts in the economy on
the macro level," Yeskel says.
Ordinary wage
earners have seen their piece of the pie shrink away through the
'90s, she notes, while wages stagnated and lost buying power. People
are working longer hours and many families need two incomes to get
by. More companies are hiring only part-time or temporary workers.
Meanwhile, benefits such health care and pensions are greatly reduced,
if they are offered at all.
At the same time,
says Yeskel, the wealthy are retreating to gated communities while
the nation's prison system fills up with people from the bottom
of the economic ladder.
"In the
1960s, they launched a War on Poverty," says Yeskel. "In
the 1990s, there's a war on the poor."
And it's not
just the poor who are getting hit, she says. "There's increased
insecurity for people in the middle. The only ways for those people
to improve their lives is by working more or taking on more consumer
debt."
Some traditional
protections for the working class, such as labor unions, have been
under attack for years, she says. Excluding public employees, only
about 10 percent of the workforce is now unionized, she says, a
sharp drop from the period following World War II when organized
labor represented about one-third of workers.
At the same time,
Yeskel says, the government continues to negotiate free trade agreements
that protect corporate interests, but offer few safeguards for workers
in the either the U.S. or abroad. If anyone doubts the power of
business, she adds, more than half of the largest economies in the
world are corporations.
Those trends
and the growing influence of corporate power spell long-term trouble
for the U.S. if they go unchecked, predicts Yeskel.
"All of
this puts tremendous stress on families," she says. "There's
less time for children, less time for community activities, less
time for charitable works and, I think, less time for the political
process and that's very detrimental for democracy, society and the
economy."
Yeskel is particularly
concerned about the increasing influence of corporations on the
political process and elected officials.
"You have
to take contributions or court those interests to get elected. ...
Given the way the political system is right now, they have to represent
corporate interests," she says. "Ordinary people realize
there isn't much difference between the two parties and that leads
to apathy."
But according
to Yeskel, there are signs that there is nascent public awareness
of the economic inequalities plaguing the country. During the past
year, huge protests were mounted in Seattle during the World Trade
Organization meetings and the International Monetary Fund conference
in Washington, D.C. Coordinated protests are planned worldwide during
next week's IMF-World Bank meeting in Prague.
In those protests,
Yeskel sees a reflection of earlier reform movements, including
the rise of the Populist Party and the Knights of Labor in the 1880s
and Huey Long's "share the wealth" campaign in the 1930s.
A correction
to the growing divide is overdue, says Yeskel, because too many
people are on the losing end of the current economy.
"Economics
is not a science, it's about values. I just know that in my bones,"
she says. "I feel a moral obligation to do something about
what I believe. ... As a new parent, I feel more of an obligation
to take responsibility for the legacy my daughter is getting."
Felice Yeskel
and Chuck Collins will lead a mini-workshop and discussion of UFE's
Campaign to Close America's Economic Divide on Thursday, Sept. 28
at 7 p.m. at Food for Thought Books, 106 N. Pleasant St. in Amherst.
She will also be at the Odyssey Bookshop in South Hadley on Oct.
21 at 3:30 p.m.
|