Neoliberal globalization crashed white working-class fortunes in the Global North

Evidence

Neoliberal globalization is also responsible for much of the rank discontent of the white working and middle classes in the Global North, whose fortunes and futures crashed as manufacturing capital chased cheap labor in the Global South, finance capital turned the human need for shelter and old age provision into a source of megaprofits from speculation, and the idea of taxation to support civilization went the way of the typewriter. — Wendy Brown, In the Ruins of Neoliberalism, 324

Categorization

• XREF: connects to: Neoliberalism’s defeat of its own aims produced states yanked by capital and popular zeal — Wendy Brown, In the Ruins of Neoliberalism: The Rise…, 139; Globalization exported auto jobs and gutted the white working-class American Dream — Khaled A. Beydoun, The New Crusades_ Islamophobia and the…, 186; Globalization’s cultural displacement drove the white majority to a right-wing counter-counterculture. — W. David Marx, Blank Space: A Cultural History of the…, 835 (+1 more)

Broader Connections

• Globalization exported auto jobs and gutted the white working-class American Dream #exemplifies (0.92) — Khaled A. Beydoun, The New Crusades_ Islamophobia and the…, 186
• Globalization’s cultural displacement drove the white majority to a right-wing counter-counterculture. #expands (0.75) — W. David Marx, Blank Space, 835
• The WTO’s grand bargain systematically favored the Global North. #qualifies (0.72) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 199