
…a nation born of a slave revolt was “using its own children as slaves was ridiculous…”
More here.

…a nation born of a slave revolt was “using its own children as slaves was ridiculous…”
More here.
Henry Giroux at Truthout.org:
The stories we tell about ourselves no longer speak to the ideals of justice, equality, liberty and democracy. Stories that once inspired our imagination now degrade it, treating it largely as a blank screen upon which to write advertisements that reduce our sense of agency to the imperatives of shopping. But these are not the only narratives that diminish the stories that allow us to imagine a better world. We are also inundated with stories that inhabit discourses of cruelty and fear that undermine communal bonds and tarnish any viable visions of the future.
More here.
“There is something truly grotesque about corporate leaders who earn millions of dollars – or even hundreds of thousands of dollars – arguing over paying their workers literally pennies more. Those workers often have to rely on food stamps or government welfare programs to make up the difference. Meanwhile, company CEOs have barely received a cut in pay for years, and on average they make 231 times as much as the average worker. That’s a lot of money, obviously. So the idea that paying $1.50 an hour more in minimum wage would break their companies and force them to save on costs is patently ridiculous. The first and most obvious cost they would have to think about cutting would be their own pay packages. What if those CEOs made, say, only 200 times the average worker? Or 100 times? One suspects their companies could afford that uptick for poorer workers then.”
They are now worth $1.9 trillion: just a little less than the entire output of the United Kingdom.
This is not the result of chance. The rise in the fortunes of the super-rich is the direct result of policies. Here are a few: the reduction of tax rates and tax enforcement; governments’ refusal to recoup a decent share of revenues from minerals and land; the privatisation of public assets and the creation of a toll-booth economy; wage liberalisation and the destruction of collective bargaining.
The policies that made the global monarchs so rich are the policies squeezing everyone else. This is not what the theory predicted. Friedrich Hayek, Milton Friedman and their disciples – in a thousand business schools, the IMF, the World Bank, the OECD and just about every modern government – have argued that the less governments tax the rich, defend workers and redistribute wealth, the more prosperous everyone will be. Any attempt to reduce inequality would damage the efficiency of the market, impeding the rising tide that lifts all boats. The apostles have conducted a 30-year global experiment, and the results are now in. Total failure.”
If you think we’re done with neoliberalism, think again | Guardian
A half century ago America’s largest private-sector employer was General Motors, whose full-time workers earned an average hourly wage of around $50, in today’s dollars, including health and pension benefits.
Today, America’s largest employer is Walmart, whose average employee earns $8.81 an hour. A third of Walmart’s employees work less than 28 hours per week and don’t qualify for benefits.
There are many reasons for the difference – including globalization and technological changes that have shrunk employment in American manufacturing while enlarging it in sectors involving personal services, such as retail.
But one reason, closely related to this seismic shift, is the decline of labor unions in the United States. In the 1950s, over a third of private-sector workers belonged to a union. Today fewer than 7 percent do. As a result, the typical American worker no longer has the bargaining clout to get a sizeable share of corporate profits.
At the peak of its power and influence in the 1950s, the United Auto Workers could claim a significant portion of GM’s earnings for its members.
Walmart’s employees, by contrast, have no union to represent them. So they’ve had no means of getting much of the corporation’s earnings.Walmart earned $16 billion last year (it just reported a 9 percent increase in earnings in the third quarter of 2012, to $3.6 billion), the lion’s share of which went instead to Walmart’s shareholders — including the family of its founder, Sam Walton, who earned on their Walmart stock more than the combined earnings of the bottom 40 percent of American workers.
Is this about to change? Despite decades of failed unionization attempts, Walmart workers are planning to strike or conduct some other form of protest outside at least 1,000 locations across the United States this Friday – so-called “Black Friday,” the biggest shopping day in America when the Christmas holiday buying season begins.
At the very least, the action gives Walmart employees a chance to air their grievances in public – not only lousy wages (as low at $8 an hour) but also unsafe and unsanitary working conditions, excessive hours, and sexual harassment. The result is bad publicity for the company exactly when it wants the public to think of it as Santa Claus. And the threatened strike, the first in 50 years, is gaining steam.
The company is fighting back. It has filed a complaint with the National Labor Relations Board to preemptively ban the Black Friday strikes. The complaint alleges that the pickets are illegal “representational” picketing designed to win recognition for the United Food & Commercial Workers (UFCW) union. Walmart’s workers say they’re protesting unfair labor practices rather than acting on behalf of the UFCW. If a court sides with Walmart, it could possibly issue an injunction blocking Black Friday’s pickets.
What happens at Walmart will have consequences extending far beyond the company. Other big box retailers are watching carefully. Walmart is their major competitor. Its pay scale and working conditions set the standard.
More broadly, the widening inequality reflected in the gap between the pay of Walmart workers and the returns to Walmart investors, including the Walton fammily, haunts the American economy.
Consumer spending is 70 percent of economic activity, but consumers are also workers. And as income and wealth continue to concentrate at the top, and the median wage continues to drop – it’s now 8 percent lower than it was in 2000 – a growing portion of the American workforce lacks the purchasing power to get the economy back to speed. Without a vibrant and growing middle class, Walmart itself won’t have the customers it needs.
Most new jobs in America are in personal services like retail, with low pay and bad hours. According to the Bureau of Labor and Statistics, the average full-time retail worker earns between $18,000 and $21,000 per year.
But if retail workers got a raise, would consumers have to pay higher prices to make up for it? A new study by the think tank Demos reports that raising the salary of all full-time workers at large retailers to $25,000 per year would lift more than 700,000 people out of poverty, at a cost of only a 1 percent price increase for customers.
That seems like a good deal.
Trenton Oldfield, who disrupted the annual Oxford-Cambridge Boat Race in April this year to protest against inequality, was sentenced to six months in jail for the offence of “public nuisance”. Although the race was restarted 25 minutes later, Judge Molyneux made it clear that Trenton had disrupted the smooth running of things, and for that he must go to jail: “Thousands of people had lined the banks of the river to enjoy a sporting competition. Many more were watching at home on live television.” The message is blunt: if it’s on TV and aristocrats are involved, then the state can deprive you of your liberty for as long as it likes.
More here.