Part III of the Draft Perspectives 2016: Strikes and workers’ uprisings in China have forced industrial wages up, not pausing even during the global Great Recession, as a window on capitalism and its crises.
The recent wave of strikes at Walmart and fast food restaurants signals the discontent brewing among the growing number of low-wage U.S. workers. They give notice that the far-reaching restructuring of jobs that was accelerated by the Great Recession also has a subjective side of revolt.
A week of strikes and demonstrations at Walmarts across the country peaked with events in 20 cities on June 4 alone. Chants of “Respect! Now!” joined the official demands of “$25,000 per year and enough hours to support our families” and an end to retaliation against workers who strike or speak up.
Draft for Marxist-Humanist Perspectives, 2014-2015. III. Capitalism’s political and economic degeneracy. A. Karl Marx haunts capitalism’s stagnation. B. The race toward climate chaos.
From the May-June 2012 issue of News & Letters:
Draft for Marxist-Humanist Perspectives, 2012-2013
III. Paths of destruction
A. From war to war to war
War is one of the rulers’ most potent counter-revolutionary weapons when faced with economic crises and revolt. With a military stretched thin, one eye on China, and the failures of Iraq and [=>]
Detroit–The unemployment crisis is reaching far into the future. Whereas many government and private economists have been predicting that the economy will pick up in the next quarter or the next year, new reports conclude that in 50 U.S. metropolitan areas, it will take at least a decade to regain employment lost since the 2008 [=>]
From the Writings of Raya Dunayevskaya
Editor’s note: Written in the midst of the last double-dip recession in the U.S., the piece excerpted here was originally titled, “In the U.S. and globally: deep recession, military buildup and the pulling apart of political alliances.” It was published as the lead article in the April 1982 N&L.
The depth of [=>]
by Ron Kelch
At the end of a months-long political spectacle in Washington–manufactured over irrelevancies concerning what should have been a routine raising of the national debt limit before the Aug. 2 deadline–reality struck with a bombshell: the anemic “jobless” recovery in the U.S. has stalled. The economy is getting worse and there is no solution [=>]