Tag: Labour economics

  • Economic Conditions and Hollow Victories

    Economic Conditions and Hollow Victories

    Among the very few things to look forward to on Labor Day is Jack Rasmus’s annual report on the state of US labor. Rasmus, an accomplished political-economist, riffs on the famous Frederick Engels book with Labor Day 2024: The Condition of the American Working Class Today. It may come as a surprise to some, but […]

  • The Battle for Income Equality

    Questioning the statistics in Thomas Piketty’s best-selling book, Capital in the Twenty-First Century, with intent to undermine his thesis, is futile. Even if Piketty’s alert that returns on investment have exceeded the real growth of wages and economic output, which means that the stock of capital is rising faster than overall economic output, is not […]

  • The Clinton-Soros “House Hands”

    Another recent article expressing election year hysteria among the credentialed class began with the assertion: While it is very easy, based on documents, to declare Mr. Trump to be a neo-fascist and/ or a criminal, historical events indicate that the Democratic Party failed over the last five decades to protect and support, and then expand […]

  • A Special Strike: The 2019 Special Metals Strike in New Hartford, New York

    The struggle of organized labor in Upstate New York and more specifically Central New York is one that has typically gone unnoticed on both a national and historical scale. This of course can be said about numerous regions throughout the United States among other sections of the global socialist movement for the enfranchisement of the […]

  • Beneath the Polycrisis Is the Singular Dilemma of Humanity Called Capitalism

    Beneath the Polycrisis Is the Singular Dilemma of Humanity Called Capitalism

    Tsherin Sherpa (Nepal), Lost Spirits, 2014. Dilemmas of humanity abound. There is little need to look at statistical data to know that we are in a spiral of crises, from the environmental and climate crisis to the crises of poverty and hunger. In 1993, the philosophers Edgar Morin and Anne-Brigitte Kern used the term ‘polycrisis’ […]

  • Negotiating Faith and Capitalism: An Exploration of Contemporary Spirituality

    Born into a Muslim family, I regularly encounter people who come to my house to invite me to religious gatherings. In these times of neoliberal fascism, it is interesting to note the ideological experience that piety seeks to provide. The most recent person whom I interacted with attempted to root the everyday relevance of religion […]

  • Can Poorer Nations Break the Cycle of Dependency That Has Inflicted Grief for a Hundred Years?

    Can Poorer Nations Break the Cycle of Dependency That Has Inflicted Grief for a Hundred Years?

    In late July, I visited two settlements of the Landless Rural Workers (MST) on the outskirts of São Paulo (Brazil). Both settlements are named for brave women, the Brazilian lawmaker Marielle Franco – who was assassinated in 2018 – and Irmã Alberta – an Italian Catholic nun who died in 2018. The lands where the […]

  • Labor Movement Means More Than Unions

    Labor Movement Means More Than Unions

    Since the end of the Covid-19 pandemic, headlines have focused on union organizing victories at Starbucks and Amazon. But a recent New York Times story declaring “New York Delivery Workers Are Getting a Bump in Pay” reminds us that workers outside the union movement are part of the labor movement too. However important, unions are […]

  • A Matter of Interest: The RBA, Inflation and Corporate Profits

    He is one of the least empathetic of beings, a cold fish, bothered and irritated. Captured by the cradle of numbers (he is an economist); obsessed by the spreadsheet of projections that may never result, there is not much to recommend the chief of the Reserve Bank of Australia, Philip Lowe. Come to think of […]

  • Tossing Neoliberalism into the Dumpster

    It’s official, according to a speech by National Security Advisor Jake Sullivan, the United States is jumping off the neoliberal globalization bandwagon (a root cause of domestic extremism) and it couldn’t come soon enough as institutions of government are sucking up more and more angry exhaust fumes from constituents, as well as encountering a world […]

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