More work, less leisure, for lower real pay, in an increasingly insecure workforce, with growing pressure to work harder on the job, is the pattern as the capitalist class seeks to squeeze ever-greater levels of surplus value from its workforce.
Month: March 2023
Eric Blanc’s political metamorphosis
In a period of 8 years, Eric Blanc moved from being a keen critique of labor’s “suicidal subordination to the parties of the bosses” (2014) to the idea that the labor movement should engage in “some form of electoral alliance” with liberal Democrats (2022).
Two Democrats face off in Chicago mayoral election on April 4th
Whatever happens in this one-party Democratic Party city—the third largest in the country and one of its leading transportation, manufacturing, and technology hubs—will have national implications.
Moral hazard or creative destruction?
A financial crisis not seen since the global financial crash of 2008 appears to be unfolding. What will be the response of the monetary and financial authorities?
Mass anger for the train crash could lead to important changes in Greece
This collision is inconceivable, given the technology at our disposal in the 21stCentury. Yet all systems of tele-command, and even the signal lights, were out of function. This is not a question of some general technological backwardness of the Greek State.