unions need to work on the basics which is getting its members to follow the golden rule, getting workers to have solidarity with other workers who are abused IE consider it as if it was you who were abused, educating workers on power and class war, and translating that into political / economic action
I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
- Start date
1989
Well-Known Member
I don’t make guesses. You say that you have all the answers.
ok
Richard D. WolffVerified account @profwolff Mar 18
Capitalist employers hire workers only if the workers' labor adds more value to what the employer sells than the value paid to the workers.
That more value = profit: produced by workers, taken by employers. #HowCapitalismWorks
36 replies 264 retweets 687 likes
Capitalist employers hire workers only if the workers' labor adds more value to what the employer sells than the value paid to the workers.
That more value = profit: produced by workers, taken by employers. #HowCapitalismWorks
36 replies 264 retweets 687 likes
meanwhile US capitalists and govt headed over a cliff with tax cuts and outsourcing of jobs:
'Capitalism is under serious threat'
Mr Rajan told BBC Radio 4's Today Programme "when that happens, the many revolt against capitalism".
He said governments cannot afford to ignore social inequality when considering the economy.
Mr Rajan led India's central bank and was also a former chief economist at the International Monetary Fund (IMF).
He has been tipped by some as a possible successor to take over from Mark Carney as governor of the Bank of England.
"I think capitalism is under serious threat because it's stopped providing for the many, and when that happens, the many revolt against capitalism," he told the BBC.
Mr Rajan said it was possible in the past to obtain a middle class job with "modest education".
But the landscape has changed in the wake of the 2008 global financial crisis and the resulting austerity.
'Capitalism is under serious threat'
Mr Rajan told BBC Radio 4's Today Programme "when that happens, the many revolt against capitalism".
He said governments cannot afford to ignore social inequality when considering the economy.
Mr Rajan led India's central bank and was also a former chief economist at the International Monetary Fund (IMF).
He has been tipped by some as a possible successor to take over from Mark Carney as governor of the Bank of England.
"I think capitalism is under serious threat because it's stopped providing for the many, and when that happens, the many revolt against capitalism," he told the BBC.
Mr Rajan said it was possible in the past to obtain a middle class job with "modest education".
But the landscape has changed in the wake of the 2008 global financial crisis and the resulting austerity.
Richard D. WolffVerified account @profwolff 4m4 minutes ago
Exploitation: if workers in an enterprise who produce its surplus or profits are excluded from appropriating them and deciding how to use them. #HowCapitalismWorks
1 reply 8 retweets 34 likes
Exploitation: if workers in an enterprise who produce its surplus or profits are excluded from appropriating them and deciding how to use them. #HowCapitalismWorks
1 reply 8 retweets 34 likes
Richard D. WolffVerified account @profwolff 24h24 hours ago
US’s problem is capitalism (inequality, instability, injustices). Yet big parties focus on immigrants, walls, investigations, etc.
Likewise for UK whose major parties focus on being in/out of Europe.
Problems big parties distract from are more important than those they engage.
20 replies 289 retweets 771 likes
US’s problem is capitalism (inequality, instability, injustices). Yet big parties focus on immigrants, walls, investigations, etc.
Likewise for UK whose major parties focus on being in/out of Europe.
Problems big parties distract from are more important than those they engage.
20 replies 289 retweets 771 likes
mericans who look and sound like theyre pro capitalist are anti capitalist. they correctly compare capitalist similarities to other economic systems to discover why its failed
capitalism is like the matrix or the force; its all around us and all consuming:
Means TV on Twitter
capitalism is like the matrix or the force; its all around us and all consuming:
Means TV on Twitter
looks like worker coops is a pretty common sense proposal to americans in venice beach off the streets:
Means TV on Twitter
Means TV on Twitter
bank teller told me very few people pay their credit card debt in full.
the bank even offers loans at 7% and people still wont do it.
also many jobs arent unionized.
when people have this poor understanding of economics and self regulation on the market, maybe we need to start asking bigger questions like should the govt be regulating what credit card companies are allowed to do to their consumers.
i was telling the teller about how the guy from paris down the block says france doesnt have the system of debt like we do. bank teller says maybe thats why theyre better off than us. i agree, but france is still going to hell just not as fast as america or even canada.
the bank even offers loans at 7% and people still wont do it.
also many jobs arent unionized.
when people have this poor understanding of economics and self regulation on the market, maybe we need to start asking bigger questions like should the govt be regulating what credit card companies are allowed to do to their consumers.
i was telling the teller about how the guy from paris down the block says france doesnt have the system of debt like we do. bank teller says maybe thats why theyre better off than us. i agree, but france is still going to hell just not as fast as america or even canada.
unregulated capitalism consumes everything (the environment included) until it consumes itself:
Physics & Astronomy Zone on Twitter
Physics & Astronomy Zone on Twitter
BrownArmy
Well-Known Member
Dude, just write a YA dystopian fantasy novel trilogy, make some millions, then come back and explain to us how you feel raped by taxes.
1989
Well-Known Member
I am fighting FEMA about false flood zone classification based on lies. Or unsubstantiated facts, if you will.
BrownArmy
Well-Known Member
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