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In reply to the discussion: Paul Krugman rediscovers Marxism--what's next? Fire? The wheel? [View all]TBF
(32,043 posts)54. Krugman won't lead any charge -
but the fact that he's worried is good. It means they are all nervous.
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Paul Krugman rediscovers Marxism--what's next? Fire? The wheel? [View all]
Starry Messenger
Dec 2012
OP
This little glitch (I refuse to call it a problem) is easily solved by a move to employee owned
1-Old-Man
Dec 2012
#5
Marx agrees, as long as "living wage" means "exactly the cost of life and reproduction".
DireStrike
Dec 2012
#58
Krugs is happy to accept the boom and bust, wealth and misery, as long as Keynes is there
byeya
Dec 2012
#10
I agree with you, I think this is probably a temporary wobble in his world-view.
Starry Messenger
Dec 2012
#11
Yes, he was stunned by the ignorance and wobbled but he's still all capitalism all the time but with
byeya
Dec 2012
#15
I agree with all that--plus the Red Scare which was really aimed at killing labor.
Starry Messenger
Dec 2012
#16
To regain clout, labor somehow(and will need many allies) needs to rid the nation of 14(b);
byeya
Dec 2012
#17
The myth that all capitalism needs is a pinch of reform and a dash of regulation is very useful
entanglement
Dec 2012
#47
He knows who butters his bread. Like all but the tiniest fringe of rich people, they don't
Egalitarian Thug
Dec 2012
#45
In my opinion, making Marxism a forbidden word when used in a positive context, stems
byeya
Dec 2012
#18
I'm old. I have never seen the ruling class so brazen about their intent to grab all they can from
byeya
Dec 2012
#20
Since manufacturing is a small percent of workforce, automated manufacturing has a modest effect
FarCenter
Dec 2012
#22
We're already living with that to a certain extent. Make a phone call and you get
byeya
Dec 2012
#23
Good point. First agriculture employed most workers in the US, then manufacturing.
pampango
Dec 2012
#33
or maybe it will leave 10% providing specialized services and most of the rest as a dispossessed
HiPointDem
Dec 2012
#35
Not sure of your point. If manufacturing does not provide 10%, 20%, 30% of the jobs, we are doomed?
pampango
Dec 2012
#36
lawn-mowing is a service. it doesn't provide an income that can support a family, generally
HiPointDem
Dec 2012
#38
no, most entertainers make nowhere near enough to support 100 families. most entertainers
HiPointDem
Dec 2012
#53
yes, jobs change. that fact is basically irrelevant to the direction of the distribution of wealth
HiPointDem
Dec 2012
#56
i think the mix of production v. service actually does matter, though. production produces new
HiPointDem
Dec 2012
#62
You're not understanding me. I'm talking about international trade. You can't trade lawnmowing
HiPointDem
Dec 2012
#64
service exports weren't covering hard goods imports last time i checked the trade figures.
HiPointDem
Dec 2012
#66
i will be happy to cheer on the reduction of work hours when it appears it's going to come with
HiPointDem
Dec 2012
#78
An 18th century economic system controlled by a 9th century class system ruling over
Egalitarian Thug
Dec 2012
#37
'A 9th century class system' - that would be Feudalism, yes? Or did
coalition_unwilling
Dec 2012
#40
No, I meant 9th century, but it is merely a convenient period from western European history.
Egalitarian Thug
Dec 2012
#41
This is why I dropped economics in school. It doesn't allow you to see the patently obvious.
joshcryer
Dec 2012
#69