When I recently learned that Senator Sherrod Brown (D, OH) had reissued his 2019 essay, called “Wall Street’s War on Workers: Stock Buybacks,” I was shocked. My new book is called Wall Street’s War on Workers, and also focuses in part on the job-destructive impact of stock buybacks.

Who stole what from whom?

Senator Brown didn’t know about my book, his essay was written before I started my book, and despite deep research I did not see his essay until two weeks ago. So, I was surprised, but I immediately understood why we both adopted the same big picture framework to understand the economy, and similar language to share our understanding with working people.

To keep my job, I don’t have to run against Wall Street’s cash. But Sherrod Brown is taking a risk, maybe a big risk.

As a labor educator, I’ve found that the big-picture framework is as important, maybe even more important, than facts and figures. In our complex world, problems hit working people from all angles — job insecurity, job loss, the high costs of housing, discrimination, kids who can’t afford to move out, and on and on. To make sense of this mosaic, a framework helps hold the pieces together. In our educational program we see clearly that working people are hungry for a coherent explanation that connects the dots. And without a compelling alternative, the pressing need for frameworks can lead towards conspiracy theories.

Brown and I are using the Wall Street War on Workers big picture framework for four reasons.

Clearly, Brown does not believe that Ohio working people are fixated on anti-wokeness and blinded by racism, homophobia, and xenophobia. He understands that working people of all shades and colors are much more interested in maintaining their livelihoods than railing against wokeism. My book provides compelling data that also shows increasing working-class liberalism, not illiberalism, on hot-button issues like immigration, gay rights, and racism. Ohio’s embrace of a constitutional amendment in 2023 that wrote abortion access into the state’s constitution confirms Brown’s intuitions and my findings.

It's one thing, however, for a labor educator to use the “Wall Street’s War on Workers” framework. To keep my job, I don’t have to run against Wall Street’s cash. But Sherrod Brown is taking a risk, maybe a big risk. And he’s not running away from the challenge or being mealy-mouthed about how Wall Street is ripping off the working class.

His carefully documented essays show how big financial firms pressure corporations to hold down wages, please Wall Street through mass layoffs, and use stock buybacks to enrich Wall Street at the expense of working people. Recently, he has put out a statement called “Taking on Wall Street and........

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