“A detailed and provocative study of how capital has changed since the 1980s and its effects on the working class and political parties in the USA.” —Scottish Left Review On New Terrain challenges conventional wisdom about a disappearing working class and the inevitability of a two-party political structure as the only framework for struggle. Through in-depth study of the economic and political shifts at the top of society, Moody shows how recent developments in capitalist production impact the working class and its power to resist the status quo. He argues that this transformed industrial terrain offers new possibilities for organization in the workplace and opens doors for grassroots, independent political action strengthened by reemerging labor and social movements. From the logistics revolution to the unprecedented concentration of business and wealth in the hands of the one percent, On New Terrain examines the impact of the current economic terrain on the working class in the United States. Looking beyond the clichés of precarity and the gig economy, Moody shows that the working class and its own self-activity are essential in the global battle against austerity. “[A] masterful and much-needed book.” —Solidarity “Immediately shakes the reader by offering a hard hitting, concrete and sober analysis of the transformation of both the capitalist and working classes of the USA.” —Bill Fletcher, Jr., coauthor of Solidarity Divided “He explodes myths about the gig economy and the potential to transform the Democratic Party. Readers will put the book down convinced that there is a way for workers to win.” —LaborNotes

When Congress enacted Social Secuirty in 1935, with the age of retirement set at age 65, average life expectancy was 62 years. By the time Medicare was enacted 30 years later, life expectancy had risen to age 70. Since the enactment of Medicare, life expectancy has risen to age 76 today and may be expected to increase further in the decades to come. Clearly, the increase in post-retirement life expectancy has significant implications for the level of national expenditures attributable to an aging population. One of the approaches suggested as a solution to the so-called income transfer problem is to redefine old age, that is, to push retirement and its associated benefits off to a later age. This would effectively increase the size of the workforce, with older workers continuing to contribute their payroll taxes for an extended period of time. The critical question Sicker poses is, will there be enough appropriate employment opportunities for a growing number of older workers in the workforce of the future? The evidence for a positive response is far from clear or compelling. Sicker examines the prospective place of the aging worker in the employment environment of the 21st century in light of the restructuring of American business and the world of work in the final decades of the last century. In doing so, he raises serious concerns about the validity and utility of some of the neoclassical economic ideas and assumptions that have become part of the conventional wisdom of our time. Sicker contends that these dubious propositions have unwittingly contributed signficantly to the problem through their manifestation in public policy. However, the principal focus of his analysis is not on economic theory as such, but on the realities and uncertainties that an aging American workforce will face in the decades to come. This book is significant reading for scholars, researchers, and the general public interested in labor force and aging policy issues.

Topics covered include public pensions in the OECD, social security, the state of private pensions, prospects for National Health Insurance in the United States, medicare, contingent workers : health and pension security, benefits for same-sex partners.