From Clintons to Goldman Sachs, the Winners Take All
And I love all people, rich or poor. But in those particular positions, I just don’t want a poor person. Does that make sense? Does that make sense?
And I love all people, rich or poor. But in those particular positions, I just don’t want a poor person. Does that make sense? Does that make sense?
Economic violence against adjuncts
Just recently I went through a destabilizing, confusing, painful, shocking and infuriating experience of being stripped of my rehire rights as an adjunct college instructor. For those who do not know the term “road scholar” or “freeway flyer” is another way of saying that I cobble together a livelihood traveling from college to college. Adjuncts are like intellectual day laborers: the last hired and the first fired, with few, if any, protections or recognition.
Police state, corporate state, denuded duncery state — a blistery bunch of 80 percenters lost in a carnival of debt, malignant food, maladjusted education and the folly of a full-throttle powerfully propagandist media like a proverbial copper girdle wire around our collective consciousness. That So Called Liberal (sic) Press (sic) playing triple dirges for the death of any emaciated version of democracy with a capital D for dollar.
The Bureau of Labor Statistics employs 2,500 people at a cost of $640 million annually to produce its monthly unemployment report. Each month, meanwhile, the private company ADP releases one or two days ahead of the BLS's that nearly mimics the BLS's, all at no expense to the taxpayer. There is a market demand for reliable employment data, and the market is providing it.
On a scale not seen since the ‘great’ world depression of the 1930’s, the US political system is experiencing sharp political attacks, divisions and power grabs. Executive firings, congressional investigations, demands for impeachment, witch hunts, threats of imprisonment for ‘contempt of Congress’ and naked power struggles have shredded the façade of political unity and consensus among competing powerful US oligarchs.
Whatever has been written about President Emmanuel Macron by the yellow or the respectable press has been mere trivia or total falsehood.
Media lies have a purpose that goes beyond Macron’s election. Throughout Europe and North America, bankers and manufacturers, NATO, militarists and EU oligarchs, media moguls and verbal assassins, academics and journalists, all characterized the election victory of Macron as a ‘defeat of fascism’ and the ‘triumph of the French people’.
Macron and ‘What People’?
Staring 100 years ago, public policy killed the economic value of kids in the world, denying them their right to choose, work, and serve others. If you forcibly reduce the value of anything, and people have any choice over it, they will produce less and less of it. This is precisely what has happened to the status of children over the last century.
The essential kernel of Karl Marx’s labor theory of value is the fact that “labor power is measured by the clock”1, namely, how many hours of labor an individual worker is required to work for capital in order to replenish the labor power he or she expends working for this very same capital.
Buffett is wrong. This isn’t the capitalist way at all. This is just the way that every economy should work. Whether communist, socialist, social democratic or capitalist, all systems will economize on the inputs of production. That is what makes us richer.
The Supreme Court will soon be ruling on the question of whether union contracts can legally include provisions where employees waive the right to join in class-action lawsuits. While unions and the NLRB argue that this provision violates an employee’s inherent right to “collective action,” management argues that all disputes should be settled individually, by way of binding arbitration, a method that has proven quicker and less expensive.