“Corporations are trying to pit workers and the environmental movement against each other,” argues The Lever’s Lucy Dean Stockton. “But the billions in stock buybacks show that there is money both for workers and investing in a green future.”
This week, Stockton called the bluff of GM, Stellantis, and Ford, whose management has claimed they can’t meet the UAW’s demands while also investing in electric vehicles. But this isn’t exactly true: The money is there. The billionaire class just needs to quit hoarding the resources for themselves.
With the liberals thoroughly outmatched, the upcoming term will not be a battle between right and left—it will be a battle between shades of extremism.