It Really amazes me how blatantly arrogant the ruling class has become, especially in these times of growing inequality. Just check out this latest article from the newspaper Jeff Booth from "Socialist Alternative" dubbed the New York Crimes (New York Times).
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According to the whores for capital (the authors of the article below), American workers are overpaid, and although our wages have gotten closer to workers in the so-called third world, our wages here in the US have not dropped far enough, and job loses are the fault of those of us in the working class since we are being paid more than we are worth. Yep... you got that right ...all this unemployment is our own fault and not the fault of the capitalist system or the ruling class, who has gotten fatter and fatter at our expense...
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This article is a truly disgusting piece of garbage, but then again, it does reveal what the mouth pieces for capital really think, and the utter contempt they have for those of us who truly do all the work, while the ruling classes sit on their big fat asses, as they contemplate new methods for extracting more productivity, and profits from our blood, sweat, and tears.
Breakingviews.com
American Wages Out of Balance
By EDWARD HADAS, MARTIN HUTCHINSON and ANTONY CURRIE
Published: November 10, 2009
American workers are overpaid, relative to equally productive employees elsewhere doing the same work. If the global economy is to get into balance, that gap must close.
Of course, workers in the United States should earn more than their peers in China, Moldova or Vietnam. Americans take advantage of the higher productivity that makes their country rich: better education and infrastructure, abundant capital and a strong work ethic. But how much higher should American wages be?
The answer depends in large part on two measures: the difference in productivity in making goods that can be traded across borders, and the quantity of such goods. Both measures point to a narrowing wage gap.
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Many factors are raising productivity in poor countries. Fast development, cheap capital and more efficient shipping all help. Cheap communication via the Internet reduces costs and makes it easy to trade many more goods and especially services.
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The global wage gap has been narrowing, but recent labor market statistics in the United States suggest the adjustment has not gone far enough.
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One indicator is unemployment, which has risen unexpectedly rapidly. The 7.3 million jobs lost are more than triple the 2 million during the 1980-82 recession. Some of that huge increase reflects the sharp decline in gross domestic product, but there could be another factor: the recession shows that many workers are paid more than they’re worth.
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The New York Crimes (NY Times) has really reached a new low with this article.
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I am posting links to articles, as well as the latest Socialist Alternative Radio program, and some embed videos, which reveal the true cause of the capitalist crisis, and who stands to benefit from this capitalist catastrophic mess, and it ain't those of us who do the work...since we do not have any control over the economy under capitalism... The only solution to this kind of barbaric system is to overturn it and replace it with one of democratic socialism...in which we the people can have democratic control of the economy...
Working Families on the Brink
By Mary Smith Oct 28, 2009
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Harvard University: The Fight Against Layoffs Continues
By Joshua Koritz, Member, HUCTW/AFSCME Local 3650 Oct 29, 2009
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We Need a New Political Party — To Represent the Millions of Working People — Not Corporate America
By Bryan Koulouris Oct 29, 2009
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Kent, Washington — Teachers Strike Wins Gains
By Alton Sierra Oct 29, 2009
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Education Under Attack: California Fights Back — United Walkout Shuts Down University of California
By Devin Letzer Oct 29, 2009
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Mike Whitney
A Small "d" Depression
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Dave Lindorff
Blaming the Workers
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SA Radio 11/13/09 part 1
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SA Radio 11/13/09 Part 2
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WMFO Website of SA radio
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Is Marxism Relevant Today? from Committee on Global Thought on Vimeo.
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, but then he goes on to say how he still has hope in Obama, who is only just another capitalist politician, and another huckster for capitalism. As a matter of fact the Obamarama has been very busy today advocating his health care industry plan, which has been written by and for the insurance industry, and will be a bonanza for these parasites, since his plan will make it mandatory for all working people to buy health insurance or be penalized...
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