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The Fed’s austerity program to reduce wages
To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this is to push the economy into recession in order to reduce hiring. Rising unemployment will oblige labor to compete for jobs that pay less and less as the economy slows.
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Jacobinism and the labour theory of value
The U.S. social democratic journal Jacobin recently published an article by Ben Burgis that was a half hearted defence of Marx’s theory of exploitation.
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Captive labor: Exploitation of incarcerated workers
Our nation incarcerates more than 1.2 million people in state and federal prisons, and two out of three of these incarcerated people are also workers. In most instances, the jobs these nearly 800,000 incarcerated workers have look similar to those of millions of people working on the outside.
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Slip slidin’ away—the disappearing practice of overtime pay
Slip slidin’ away—that is what tends to happen to pro-worker reforms in our economic system. Things are structured so that without constant vigilance and struggle on our part, gains are gradually undone. A case in point: overtime pay.
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‘The biggest rail strike in modern history’: RMT raises the flag – News from the Frontline
Counterfire’s weekly digest with the latest on strikes and workplace struggles.
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Inflation, wages, and profits
Inflation continues to run hot—and now, finally, the debate about inflation is heating up.
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The future of work 1 – remote working
A few weeks ago, the world’s richest man Elon Musk, Tesla CEO, told his employees that they must return to the office or get out of the company. Musk wrote in an email that everybody at Tesla must spend at least 40 hours a week in the office.
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Starbucks unionization wave hits New Orleans
New Orleans Starbucks workers at 7700 Maple Street are the first in the city to file for union certification, amidst dozens of nationwide unionization efforts at the country’s largest coffee chain.
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U.S. Federal Reserve says its goal is ‘to get wages down’
U.S. Federal Reserve chairman Jerome Powell said his goal is “to get wages down,” complaining workers have too much power in the labor market. Economist Michael Hudson says this is “junk economics,” and corporate monopolies are driving inflation, not wages.
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Labor law failings, workplace organizing challenges, and possibilities for union renewal
If you follow the news it must seem like joining a union is a step outside the norms of U.S. law.
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Who’s middle class?
Of all classes, the middle class is the one with the most people clamouring to be part of it. Many members of the ruling class prefer the label “middle” to one that makes capitalist dominance so overt. Many workers think that having a middle-income job by default puts them in the middle class. And people who want to downplay the working class’s revolutionary potential prefer to say,
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Precarious employment and workers struggle in Russia today: the case of Kirill Ukraintsev, chairman of the Kurier trade union
The problem of precarious employment, non-standard labor relations concerns today an increasing number of employees.
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Australia’s modern working class
More than 160 years ago, Karl Marx and Frederick Engels, in the “Communist Manifesto,” described workers as those “who live only so long as they find work, and who find work only so long as their labour increases capital”.
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State of working America 2021: Measuring wages in the pandemic labor market
Measuring wages in the pandemic labor market
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Labor organizing in the U.S. in 2022: the anti-worker, anti-union corporate agenda
Late capitalism has exposed the drastic inequalities inherent to our neoliberal economy.
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It’s past time for a $15 federal minimum wage
President Biden’s 2022 State of the Union Address included a call for a $15 federal minimum wage. According to an Economic Policy Institute study, a phased increase to a $15 federal minimum wage by 2025 would raise the earnings of 32 million workers—21% of the workforce, no small thing.
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Blaming workers, hiding profits in primetime inflation coverage
“Two bills of spending that are more than $4 trillion. And we’re going to pretend that this is going to have no effect on jobs? No effect on inflation?” – Charles Lanes
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Scoring the U.S. working class: expropriation and digitalization
Working-class people in the United States are now at a turning point–whether to compliantly return to the pre-Covid conditions capital set for them, or to shift toward a new militancy toward capitalism.
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‘They’re playing really dirty’: Amazon lashes back in Staten Island warehouses
The company has billed itself as the everything store. Now Amazon is the throw-everything-at-them union-buster—trying every trick in the playbook to throttle worker organizing at its Staten Island warehouses in New York City.
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Unionization spreads across Starbucks outlets in U.S. despite efforts to intimidate workers
According to Starbucks Workers United, which is organizing workers to form unions, workers from over 200 outlets have already approached the National Labor Relations Board for a union vote.