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Showing posts from October, 2014

Capital is afraid of their own economic system

The response to HRC's recent comments regarding who creates jobs has been interesting.

http://m.wsj.com/articles/BL-WB-50148

In a market economy, consumers create jobs. Business does everything in their power in order to not create jobs (e.g. raise productivity of current workforce), as labor is a major expense, and is only forced to when demand overwhelms capacity. I thought this was market economics 101?
She was posturing, trying to fend off Elizabeth Warren, to be sure, but capital is so afraid of this basic fact (which at least in theory gives the rabble some power) it gets buried in hyperbole. 

Once secret but now available documents show that people like Anne Applebaum are intellectual hacks of the worst kind

It seems the sole purpose of people like Anne Applebaum is to warn educated and engaged liberals (you know, the kind that read "The Atlantic" and 'The New Yorker") about allowing their ideology to stray too far from bourgeois comfort zones. Make your home in identity politics, vague and self-righteous notions of human rights, hell, maybe even support a national health service, but by god make sure you don't start talking about property relations because then before you know it you'll wake up, look in the mirror, and you'll have a big bushy mustache and be starving Ukrainian peasants!

Of course, some new found information (you always find it in the last place you look! Doh!) always will pop up to ensure you that Stalinism was indeed purely ideological and there is, of course, a straight line from Marx's "workers of the world unite" to Stalin's "socialism in one country." No pragmatism there. No, none whatsoever. The Communist I…