Tag: Capital

Economic Inequality Running Riot

By MIKE WHITNEY, reposted from Counterpunch by permission: JANUARY 15, 2015 Down the Plughole 40 Years of Economic Policy in One Chart by MIKE WHITNEY Growth of Real Hourly Compensation for Production/Nonsupervisory Workers and Productivity, 1948–2011 Is America in the throes of a class war? Look at the chart and decide for yourself. It’s all there …

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San Francisco 1968-1973

(Continued from Simon Fraser) At a distance, San Francisco in late ‘68 still glowed from the “Summer of Love” festival the previous year.  But that glow was like the light that continues to travel in space after its source  burns out.  My friend in San Francisco — the noted Marxist economist James O’Connor — then …

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