Blues Man
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- Aug 28, 2016
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When in reality it's all just the oppositeNot according to Marxist, they think people demanded a computer so labor invented it and built itProductivity has been driven by technology not laborers.Republicans are pushing the US towards Marxism while the Democrats are the ones trying to save you from it. Don’t believe me? Look at the evidence.
FIRST, simply Marxism says that ultimately capitalism results in a small group of hyper-winners and an overwhelming number of losers resulting in the losers taking physical control (revolt/revolution) based on a numbers advantage. Then it goes on to suggest some non-class world of utopia.
SECOND, we are steaming towards an inevitable revolution/revolt based on the consolidating number of hyper-winners and overwhelming number of losers, not because of popular culture differences to debate.
- Wages for workers are stagnant in real terms with all the moderate increase coming from top earners (first link)
- Profit margins are at historical highs for capital owners (second/third links)
- Profit margins have been driven by “productivity” increases on the backs of labor without any reward to the worker for being more productive - since the 70’s ripping off the worker has been in vogue as unions dissolved. (Fourth link)
THIRD, this is ALL DRIVEN BY REPUBLICAN POLICY. Republican policies drive lower minimum wages, lower Corporate taxes, fewer corporate regulations to protect workers, shirks providing basic benefits to Americans, and adamantly protects the hoarding of profits through fighting any redistribution tactics of graduated tax rates, inheritance taxes, capital gains.
CONCLUSION, the US capitalism experiment will fail if the Republicans continue to push winners take all losers lose all policies. Giving up some gains to protect the majority of your capital is the only strategy that keeps us in balance. Otherwise the workers will come for all your capital and you are outnumbered. Consider a long term strategy of taking care of the balance or perish in the instability of the only part of Marxism that is inevitable: The large underclass that gets taken advantage of will remediate that imbalance by force.
LINKS:
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For most Americans, real wages have barely budged for decades
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https://www.yardeni.com/pub/sp500margin.pdf
View attachment 495795Why We Are Not Worried About Elevated Profit Margins
The U.S. economy faces a severe downturn, which will undoubtedly depress near-term corporate profitability. However, we on the Focused Equity team believe that longer-term concerns about corporate profit margins are overblown. We wanted to share why we remain sanguine that U.S. public companies...www.gmo.com
Did Wages Detach from Productivity in 1973? An Investigation
This is the third and final blog post in my series on income inequality. This post discusses the detachment of compensation from productivity that occured around 1973. I look at the data and use R …ntguardian.wordpress.com
It used to be a skilled craftsman was needed for the production of many goods. Now any moron who can learn how to push a button can turn out more products in a day than a team of skilled craftsmen could in months.
they think people demanded a television so labor invented it and built it
they think people demanded a cellphone so labor invented it and built it
they think people demanded a pocket fisherman so labor invented it and built it