Posts Tagged ‘socialism’
Tags: cartoon, football, jobs, Keystone, middle-class, Obama, pipeline, Republicans, socialism, tax cuts, tuition, wages
Tags: capitalism, conference, Marx, miscellaneous, socialism, travel, utopia
Off to New Harmony, Indiana, to give a plenary talk on “Utopia and the Marxian Critique of Political Economy” at the conference on Capitalism & Socialism: Utopia, Globalization, and Revolution.
No posts, therefore, until I return. . .
Tags: Abbott and Costello, capitalism, economic representations, everyday economics, humor, minimum wage, poverty, socialism
Sorry. I just couldn’t resist this one from Barry Levinson, on the minimum wage according to the logic of Abbott and Costello:
Lou: I am below the poverty line, things are desperate.
Bud: Then you need a job… go to work, Lou.
Lou: I have a job!
Bud: Then all is well.
Lou: But I can’t afford to live and support my family.
Bud: I thought you said you had a job.
Lou: I do.
Bud: Then why’d you say you can’t support your family?
Lou: Because I can’t!
Bud: But you just said you had a job.
Lou: I know.
Bud: Do you have a job or are you living below the poverty line?
Lou: I’m living below the poverty line. A lot of us are.
Bud: Then you don’t have a job?
Lou: I do have a job. A minimum-wage job that I can’t even support my family on.
Bud: Are you working illegally?
Lou: It’s a legal job, Bud!
Bud: A legal job and you’re living below the poverty line?
Bud: Oh, I get it. You’re working part-time?
Lou: It’s full-time. Forty hours a week! They need to raise the minimum wage.
Bud: But if they raise the minimum wage, it will put people out of work.
Bud:The people who are living below the poverty line.
Lou: I’m living below the poverty line!
Bud: Exactly. Isn’t it better to be working and living below the poverty line, than not working and living below the poverty line? That way you have a sense of pride.
Lou: But I need more money to get by.
Bud: Do you want to put people out of work? Do you want to be responsible for them losing their jobs?
Bud: That’s the spirit. You all share in getting less.
Lou: Why can’t we all share in getting more?
Bud: That’s socialism.
Lou: Then what’s sharing and getting less?
Bud: That’s capitalism!
Lou: Why is getting a little more socialism?
Bud: Because if you all get a little more, someone is going to get less.
Bud: The person who used to get more. The job makers.
Lou: Why can’t they make a little less?
Bud: Well, that’s un-American! This is the free market… Do you want to destroy
Lou: Of course not.
Bud: Do you want to stifle the American economy. Suffocate ingenuity?
Bud: That’s the spirit.
Lou: But I can’t support my family. Bud, I work 40 hours a week, 52 weeks a year, no vacations, and I still can’t support my family.
Bud: Criticize. Criticize. Be thankful you have a minimum wage. There was a time you could have been paid less than minimum.
Lou: There was less than minimum?
Bud: Yes! Be thankful that these are the good times.
Tags: cartoon, corporations, discrimination, homophobia, Obama, profits, socialism, student debt, students, United States
Tags: cartoon, Fox, healthcare, jobs, Marx, media, millionaires, Obama, Senate, socialism, unemployed
Tags: chart, employment, government, Obama, private, socialism
The line in the chart measures total U.S. government employment as a percentage of total nonfarm employment.
As Mark Congloff explains,
If President Obama is a socialist dictator like some say he is, then he’s doing it wrong: The government sector has slashed jobs steadily since the recession, shrinking government payrolls to their lowest level in eight years.* At this rate, there won’t be enough people to run the FEMA camps.
*Even longer (more than 12 and a half years) if we look at government employment as a percentage of total nonfarm employment (which was last this low in April 2001).
Tags: capitalism, cooperatives, economics, politics, socialism, uncertainty, United States
Gar Alperovitz puts forward a vision of economic and political change that embraces both uncertainty (mistakes will be made and new ideas will emerge) and radical transformation (new forms of economic and political democracy will be created in the process).
Lambert Strether offers some background to the cooperative institutions Alperovitz mentions in his talk.