Friday, 13 October 2017

Employment Matters.


Whether a capitalist or a worker, under capitalism one's livelihood depends ultimately on one's income and for the vast majority of us  -- regardless of gender, sexual orientation, race, ethnic origin, religion, age, place of birth or residence, education -- having to rely on work, income in essence comes directly or indirectly from employment. It's been like this since capitalism started, it remains so now.

Sunday, 1 October 2017

This is Why the Identitarian Left Sucks.

David Ruccio has been fighting an uphill battle for a while: why Americans (or Australians, for that matter) seem incapable of calling the working class, working class?

In 2011:
"Here in the land of high unemployment and increasing poverty [aka US of A], we refuse to call things by their correct names."
In 2016:
"Well, it seems, Americans are still struggling with the notion of the working-class (and of class more generally)."
He presented this chart (taken from a report from the Economic Policy Institute) as part of his argument for the usefulness of "working class" as analytical category:

That is a good chart, I think.

Wednesday, 27 September 2017

"Lord Keynes" got a Reader!

Dedicated to Hedlund,:-)

J. Barkley Rosser seems less than impressed by the online scholarship mushrooming around the second-coming of Our Lord … Keynes. Upon discovering it, Rosser swiftly returned the post Keynesian/Kaldorian church membership card he never applied for: