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it's just that distribution of income created by the combination of both has moved excessively towards capital.

Capital needs to invest in labour, once again, rather than trying to squeeze it more yet.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Jun 3rd, 2009 at 12:18:51 PM EST
[ Parent ]
Jerome a Paris:
it's just that distribution of income created by the combination of both has moved excessively towards capital.

I have always agreed with your insight into this.

Jerome a Paris:

Capital needs to invest in labour, once again, rather than trying to squeeze it more yet.

Here I prefer Human Capital (Labour) working with, not for Financial Capital through production or revenue sharing.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Wed Jun 3rd, 2009 at 12:58:41 PM EST
[ Parent ]
Jerome a Paris:
Capital needs to invest in labour, once again, rather than trying to squeeze it more yet.

yup, we know that, history has frequently proved it, so?

if capital has a natural tendency to crystallise at the top of the pyramid, leaving a weak solution of chump change everywhere else, what does it take to turn that around.

politics? who's using that as a platform here in europe?

the tendency for politicians is to help the capital freeze at the summit instead of moving around to benefit all, while promising chickens for all pots.

that's what gets them elected, yet they deliver less and less.

then they wonder why there's so much voter apathy!

to risk investment in a new factory is a huge risk, especially if your intellectual property gets reverse engineered and copied by workforces with no legal protections.

or you had a hot idea, got great motivation, but your financier is worried that someone will have an idea that's just a bit hotter, and/or packaged and marketed better, and his investment is toast.

this is the world they wanted, in their greed for absolute power, a chaotic world where no-one feels safe, and will desperately cling to any straw.

war makes money, and if it's getting harder to provoke conflict abroad, why then the brutal logic dictates the machine must make war on its own people.

so more uniforms, more swat teams, more uniforms, more tasers, more ID, more special forces, many more uniforms, (i must say son, you look mighty smart!) more special powers to call and hold anyone a terrorist till they have a few years to figure out why the torture didn't give them enough of the info they wanted, or realised belatedly the poor captive was just some innocent bystander caught up in the paranoid mesh.

oops, cost of doing business, moving right along...

when enough people realise just how betrayed they have been, then maybe they will catcall any politician that doesn't tell the unvarnished truth, and offer a sane way out of our problems.

meanwhile, we have this

Shattered and Shuttered - Clusterfuck Nation

For some sort of reason, those who would benefit most from socialist policies tend to vote for right wing parties.

Apparently, these disaffected poor do not really vote for parties that will help them win more rights but look for parties that will take away the rights of others.

For example, the poor are usually jealous of civil servants with guaranteed pensions and unionized workers so they will vote for the leaders who will try to cut government and dismantle unions.

this is so true in italy...

these leaders, yer blairs, barrosos, berlus, they're just a sideshow, actors in a b-movie, oo look how naughty they are, wink wink...

they snuck another cookie, ooh red-handed, more crumpet, oo flagrante delicto...

it's completely bananas, and democracy just can't run on a mis so rich in self-defeating ignorance.

a fact which totalitarians understand only too well, indeed a climate in which they sharpen their rhetorical claws, as they know their confused prey by the scent of despair, emanating from unemployment lines and tent cities, soup kitchens and shelters fpr battered wives and children.

the universe is not kind to stupidity, i should know...

but how are you going to get politicians who are truly people-centred into politics?

it's a pretty closed club, and not an aspiring saint among 'em.

i really, really wish i'm wrong about that, please tell me i am. i some at the bottom of the food chain have a clue and a heart, but the ones at the top look like madame tussauds' rejects, it's fricking macabre.

still, i do believe every piece of the old world that crumbles, makes space for something new, and these 'ere blog tools are encouraging a very cool way of brainstorming.

that straw's almost transparent from so much sweaty clutching, lol, but it has strong fibre i guess...

your bank invests in wind, so why not in better public transport too?

or sustainable farms, or better schools and playgrounds, hospitals?

i guess we should be grateful they do that, and continue with being patient.

off to plant some more peppers and watermelons.

man's gotta eat while waiting for politics to grow a brain, or should i say heart.


~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Fri Jun 5th, 2009 at 12:28:07 PM EST
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