The AFL-CIO has not been bashful about its support for the Occupy Wall Street protesters. And the union giant recently posted an article by Tula Connell hyping a booklet entitled “Economics 101 for the 99%.” The booklet was produced for the Occupiers by a socialist group called the Center for Popular Economics.

Connell wrote that the booklet will clarify “such concepts as the role of the Federal Reserve and the so-called austerity war.” The booklet is intended to “to help the ‘99%’ make a coherent argument for why we need to change our economic course.”

A glance through the booklet reveals standard leftist pap about the evils of capitalism and how the glories of socialism will make the world a better place. Strangely missing are examples of socialism’s actual track record. Greece, Spain and Italy appear nowhere in the booklet...

The booklet explicitly promotes socialism to replace capitalism, and blames what it terms the “neoliberal paradigm” for the 2008 financial melt down. “Neoliberalism” is described as “tax cuts, attacks on social welfare programs, privatization, deregulation, ‘free’ trade, and anti-worker/union measures.” In short, neoliberalism is anything that moves power and resources away from the central government...

The Center for Popular Economics clearly states on its website that, “CPE supports and stands with the Occupy movement.” Among the economists of CPE are affiliations with an anarchist organization, the Union for Radical Political Economics, the George Soros-funded Bard College, and the Institute for New Economic Thinking (INET) – a socialist group also funded by Soros. At least one economist received a grant from INET, and another is featured on INET’s blog. Some of the economists, such as Maliah Safri, also participated in daily Occupy activities, and wrote to promote the Occupy movement.

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Editor's Note: It's fundamental...the "workers movement" is Socialist in nature...just read the accounts of the Labor Movement's genesis.


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