Many of the criticisms the left make of capitalism are ill-informed or just plain wrong, many but not all. Unlike their proposed solutions, which are all wrong. When discussing economics it is important to distinguish between productive capitalism and parasitic capitalism. There are many people and organisations hard at work in the capitalist economy doing […]
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Bank Crimes Pay: Under the Thumb of the Global Financial Mafiocracy
By: Andrew Gavin Marshall
27 November 2015
Originally posted at Occupy.com
About 75% of US employees work 40 hours or longer, the second longest among all OECD countries, exceeded only by Poland and tied with South Korea. In contrast, only 10% of Danish workers, 15% of Norwegian, 30% of French, 43% of UK and 50% of German workers work 40 or more hours. With the longest work day, US workers score lower on the ‘living well’ scale than most western European workers. Moreover, despite those long workdays US employees receive the shortest paid holidays or vacation time (one to two weeks compared to the average of five weeks in Western Europe).
