The main theorist of dependency anticipated trends of neoliberal globalization. He analyzed productive globalization, the centrality of exploitation and the relative weight of surplus value transfers. But the employment crisis exceeds what was envisaged by Marini, in a scenario disrupted by the mutation of the United States, the collapse of the USSR and the rise […]
Subjects Archives: Labor
It happened gradually, but thanks to the U.S. media, economic news has largely been reduced to stock market reporting. Want to know how the economy is doing? Check the S&P 500 Index. Want to know whether the latest Trump proposal is good or bad? Check the S&P 500 Index.
For every industrial robot introduced into the workforce, six jobs are eliminated. – Since a few days, Amazon has started Amazon Go. The idea is simple: a shop where you go in, take whatever you want from the shelves, and the cost goes automatically to a magnetic card that you carry.
Over the last decade, a number of cases attacking the rights of public-sector union members have been quietly working their way through the courts and, finally, up to the U.S. Supreme Court.
Let us slightly modify the question “who teaches the teacher?” and ask this of Marxism: If workers’ labor produces all the wealth in society, who then produces the worker? Put another way: What kinds of processes enable the worker to arrive at the doors of her place of work every day so that she can […]
Driverless trucks are on the way sooner than most workers realize, as corporations seek to raise profits by cutting labour costs. Media reports indicate that investors and researchers agree that tech change in the trucking industry will soon replace 1.7 million jobs in the U.S., where trucking was the most common job in 28 states […]
Students are much too busy to think these days. So, when a junior comes to talk with me about the possibility of my directing their senior thesis, I ask them about their topic—and then their schedule. I explain to them that, if they really want to do a good project, they’re going to have to […]
Thousands of people will gather next week in Davos. Their combined wealth will reach several hundred billion dollars, perhaps even close to a trillion. Never in world history will be the amount of wealth per square foot so high. And this year, for the sixth or seventh consecutive time, what would be one of the […]
Last week, Thomas Frank welcomed Paul Krugman to the ranks of those who believe that the American working-class in recent decades has often voted against its fundamental economic interests by supporting conservative Republicans.
The last four decades have been marked by rising wage inequality, with the vast majority of American workers experiencing wage stagnation while those at the top rung of the economic ladder reap the benefits of growth in productivity. These dynamics mean that many workers struggle to make ends meet; in 2016 one in five families […]
Social reproduction theory (SRT) sounds quite intimidating, but the (rather grandiose) anthology of big words masks a relatively simple question: if capitalist production is fundamentally the production of commodities, and it is workers who produce such commodities, who ‘produces’ the worker?
On December 5, the Trump administration took its first major step toward allowing employers to legally pocket the tips earned by the workers they employ. The Department of Labor (DOL) released a proposed rule that would allow restaurants to take the tips that servers earn and share them with untipped employees such as cooks and […]
Liz Payne reviews The Woman Worker by Nadezhda K Krupskaya.
The impasse in forming a government in Germany has dragged on since election day, September 24th—often like a traffic gridlock, hardly moving forward. But Germany is Europe’s main central power—and with no proper government!
The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase […]