Reprinted from The New York Times by Paul Krugman on May 11, 2021.
“Has the Republican Party, which has championed the interests of big business and sought to keep wages low since the late 19th century, suddenly become populist?” writes Paul Krugman in The New York Times. “Some of its rising stars would have you believe so. For example, after the 2020 election Senator Josh Hawley declared that ‘we must be a working-class party, not a Wall Street party.’
“But while Republicans have lately attacked selected businesses, their beef with big companies seems to be over noneconomic issues. It bothers them a lot that some of corporate America has taken a mild stand in favor of social equality and against voter suppression.
“What doesn’t bother them is the fact that many corporations pay little or nothing in taxes and pay their workers poorly. On such matters the G.O.P. is the same as it ever was: It’s for tax cuts that favor corporations and the wealthy, against anything that might improve the lives of ordinary workers. …