Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
... there has been a governing regime for the US that has been focused on importing unemployment as part of the strategy of maintaining slack employment markets, in order to suppress wage growth and allow megacorps to appropriate the bulk of productivity gains.

Get started on a big enterprise like this, and the slack employment markets go out the window for a substantial transitional period, probably counted in decades.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Jun 11th, 2008 at 10:08:43 AM EST

Others have rated this comment as follows:

melo 4
budr 4

Display:

Top Diaries

Occasional Series