Dr. Parenti's Chapter Summary

Words: 965
Pages: 4

In life, when you have to address, the how’s or why’s of a particular situation, you almost always have to focus on the history behind it. With that, I did not find it strange that in effort for Dr. Parenti to begin to examine the Nixon-era criminal justice buildup, in chapter 2 of this book, he first had to take the reader back to the 40’s to explain how the 60’s became how and what it was. In fact Dr. Parentil poses the second sentence in the opening paragraph with a question of why. Dr. Parenti then moves to the time post World War II describing the United States move on a huge economic recovery. An economic move so huge that it rescued the country out of depression and would ramped up the industry sector one-hundred percent. Dr. Parenti notes that with the crushed European and Japanese industrial sectors after the war, which were probably two of the largest, US goods and capitol became premium all over the world. It was the 1944 Bretton Woods agreement that turned the US dollar into a superior currency giving US serious buying power. That same 1944 agreement would over time turn to become part of many economic problems in the 60’s. Nevertheless …show more content…
Parenti describes one of Regan’s attacks on organized labor. Regan pledged to support labor organizations during his campaign. However, at the first moment of encountering a Professional Air Traffic Controllers organization strike, Regan with executive order fired 11,000 of the strike organizers. That move sent shockwaves through labor unions and companies like At&T, Caterpillar and others took advantage with major aggressive management, redefining the terms of labor contracts. Which in my personal opinion, was very deceptive. Reaganomics turned back much of what Nixon ordered that gave workers so much power, in turn given the richest one percent a net tax break of 20 percent, taken 20 percent more from the poor. He was estimated to have made 5,000 new millionaires and made already rich even