Skip to main content

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. 

Location: West Frogtown St Paul

Comments

Unknown said…
Great post! Really appreciate seeing all of this information one place. Also, make sense about categories and tags. Nice Post !! I like Your well written and useful information…very good.....finaly I found what I looking for, thanks...Agen Poker | Bandar Poker | Bandar Kiu | Judi Poker | Poker Facebook | Domino Online | Agen Domino | Poker Online | Daftar Poker | Kumpulan Poker | Agen Terpercaya | Judi Kartu
Agen Poker | Bandar Poker | Bandar Kiu | Judi Poker | Poker Facebook | Domino Online | Agen Domino | Poker Online | Daftar Poker | Kumpulan Poker | Agen Terpercaya | Judi Kartu
1:39 AM, September 17, 2016
Post a Comment

Popular posts from this blog

  I voted for Joe Biden and hope he wins. I’m also alarmed at the increasingly transparent alliance between the Democratic Party and influential sectors of corporate America, namely media conglomerates and the technology industry. (Their relationship reminds me of the Republican Party and the energy industry.) It’s true there are conservative media outlets that are not friendly to Democrats, but it’s far less certain how objective the “paper of record” and other “serious” media would be to a post-Trump and post-COVID Biden administration that is politically and ascetically their peer. (I would say we are at a point of competing Pravdas, but that would be a slander against the Soviet newspaper’s pre-Stalinist period when it was a battleground of ideas.) Perhaps even more damning is the Democratic Party’s relationship to the technology industry, particularly when companies like Twitter and Facebook have shown they are prepared to unilaterally decide what’s true and what’s false. Not ...
2 comments
Read more
I’m somewhat familiar with the story, but haven’t seen the tv series “the plot against America.” Is it any good? I’ll admit I have doubts that will be difficult to overcome. My guess is it’s a well stylized but historically simplified attempt to frame international liberalism, particularly the US dominated post war order, as something deeper than what it has become- a value championed almost exclusively by the cosmopolitan elite and global corporations. I also predict that the entire post WW1 context (three months involvement and almost 120,000 Americans dead, split evenly between fighting and the flu pandemic) is lost to Lindbergh and his anti-Semitism. Is this accurate? “The man in the high castle,” another alternative history book made into a tv series that I actually did watch, missed an opportunity to dig into American militarism by not really explaining why so many high level American military members joined the Nazis. (We were supposed to believe it’s just because the Germans wo...
4 comments
Read more

Leftism is Just Exclamation Point Liberalism

  The February issue of Harper’s Magazine poses the question “Is Liberalism Worth Saving?” on its cover. The panel of four, who more or less cover the mainstream of the ideological spectrum, for the most part give familiar praise and criticism. One panelist, however, gives a forceful and fundamental critique of liberalism. That person is not the representative of the left. To be sure, the left representative makes all the standard criticisms of classical liberalism (imperialism, racism, inequality) but these issues have all been confronted, for decades, within forms of political liberalism like social democracy and even neoliberalism. The real underlying critique of liberalism, the one that challenges its foundational tenets, is coming from the post-liberal right.  This is relatively new.  Because being marginalized and uninfluential are baked into the ethos of the radical left, something I definitely internalized while attempting to organize first as an anarchist and th...
Post a Comment
Read more