Re: [Marxism] so I opened the SUnday NY Times today and ....

[Dennis Brasky via Marxism]

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https://www.nytimes.com/interactive/2020/07/02/opinion/politics/us-economic-social-inequality.html

“Why has this happened? There are multiple causes. But one big one is a
lack of political power among the bulk of the population.”

"Government policy and economic forces have combined to make corporations
and the wealthy more powerful, and most workers and their families less
powerful.

Those lives are generally shorter

and
more likely to be affected by pollution and chronic health problems.

The decline in unionization is one reason that the share of total national
income flowing to corporate profits has risen — and the share going to
worker pay has declined. The trend is starker in the U.S. than in Europe.

Higher corporate profits/lower minimum wage

More expensive health care system

High incarceration rates

Sharp fall in corporate tax rates"



and it's all the fault of the Big Bad Republicans right? or did the “lesser
evil” Democrats play any role in this??? If there is "a lack of political
power among the bulk of the population”, then maybe the answer is to build
the type of working class party that European countries have, even if it is
not doing anything more than fighting for some reforms and a defense of
past gains. Nah - we'll always have to throw all of our energy into
opposing what the ruling class of this country never seems to run out of -
"greater" evils such as Nixon, Goldwater, Reagan, the Bushes, Trump and
whoever is next.

On Sun, Jul 5, 2020 at 11:04 AM Michael Meeropol via Marxism <
marxism@lists.csbs.utah.edu> wrote:

>
> I started reading the SUNDAY REVIEW section of the Sunday Times (not the
> Book Review --- what used to be labelled the NEWS OF THE WEEK IN REVIEW)
> --- and was shocked that it seems like it's ALL full of stuff that could
> have been (and HAS been) written by a radical (dare I say Marxist)
> economist --
>
> Check out this line from the introductory article written by the entire
> editorial board:''Wages are substantially determined by a tug of war
> between workers and employers "
>
> That's class struggle economics not the "micro-economics" we were taught in
> college (that I had to hold my nose and teach my first few years in the
> classroom!!!) --- in the traditional approach, wages are determined by the
> "productivity" of the workers in a "competitive" economy --- there is
> virtually no room for the exercise of power in the markets (unless labor
> unions or minimum wages "distort" the market!!).
>
> Guess our side has been successfully "brainwashing" journalists for years
> without even knowing it!!
>
> WHo knew??
>
>
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[Marxism] so I opened the SUnday NY Times today and ....

[Michael Meeropol via Marxism]

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I started reading the SUNDAY REVIEW section of the Sunday Times (not the
Book Review --- what used to be labelled the NEWS OF THE WEEK IN REVIEW)
--- and was shocked that it seems like it's ALL full of stuff that could
have been (and HAS been) written by a radical (dare I say Marxist)
economist --

Check out this line from the introductory article written by the entire
editorial board:''Wages are substantially determined by a tug of war
between workers and employers "

That's class struggle economics not the "micro-economics" we were taught in
college (that I had to hold my nose and teach my first few years in the
classroom!!!) --- in the traditional approach, wages are determined by the
"productivity" of the workers in a "competitive" economy --- there is
virtually no room for the exercise of power in the markets (unless labor
unions or minimum wages "distort" the market!!).

Guess our side has been successfully "brainwashing" journalists for years
without even knowing it!!

WHo knew??
_
Full posting guidelines at: http://www.marxmail.org/sub.htm
Set your options at: 
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