Where has all the surplus gone? As in 2010, a good chunk of it has gone to pay Chief Executive Officers of major U.S. companies. According to a new Associated Press study, the head of a typical public company in United States made $9.6 million in 2011. This figure was up more than 6 percent [...]
Posts Tagged ‘workers’
Where has all the surplus gone?
Posted: 27 May 2012 in UncategorizedTags: CEOs, class, corporations, inequality, pay, United States, workers
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Cartoon of the day
Posted: 26 May 2012 in UncategorizedTags: capitalists, cartoon, crisis, debt, Germany, Greece, race, United States, wages, workers
Special mention
How to be rich
Posted: 24 May 2012 in UncategorizedTags: banks, CEOs, culture, poverty, wealth, workers
You’re the CEO, maybe in finance or in a venture-capital firm, paid hundreds of times the average worker’s wage with full benefits—one of those jobs that is expanding once again. A buddy wakes you up with a desperate call: he needs a large purchase of credit default swaps; you’re the only one; at least your [...]
source [ht: tm]
Middle-class exploitation?
Posted: 23 May 2012 in UncategorizedTags: capitalism, crisis, exploitation, middle-class, taxes, United States, workers
We need to stop obsessing about the middle-class and call things by their right name. Last September, I argued against focusing on a middle-class that needed to be “rebuilt,” suggesting that we return instead to the discourse of the working-class. Recent research by Jeff Kidder and Isaac Martin just confirms my view.* Their argument is [...]
Gramsci, New York, and the Mystery of Naples
Posted: 22 May 2012 in UncategorizedTags: Gramsci, Italy, Marx, Naples, New York, Sardinia, workers
[ht: mg]
Still watching men work
Posted: 22 May 2012 in UncategorizedTags: capitalism, economic representations, jobs, TV, workers
Deadliest Catch is now in its eighth season and we’re still watching the men on the Cornelia Marie, Wizard, Northwestern, Time Bandit, and other boats work. Like last year at just about this time, I want to ask the question, what’s with Deadliest Catch and all the other television shows (from Ice Road Truckers to [...]
Cartoon of the day
Posted: 20 May 2012 in UncategorizedTags: austerity, banks, cartoon, France, jobs, Mexico, United States, Wall Street, workers
Special mention
source Between 2000 and 2011, the wages of young college graduates in the United States dropped 5.4 percent. That decline stands in sharp contrast to the period from 1995 to 2000, when their wages rose 19.1 percent.
The new Working People’s Party has been formed in Lancaster, PA. This is from its mission statement: We are the party of working people. Our mission is to give working people an independent voice in the political process, to build a new political movement of, by, and for working people. Our corporate leaders have now [...]
