"Vivimos sobre una fosa común
que encubrimos entre todos
con el silencio político
de la desmemoria.
A cada paso que damos
se quebrantan los huesos
de nuestra dignidad
pisoteada." J.L. Forneo
#anticapitalism #anticap #despertar
«What needs to be kept in mind is both that capitalism is a hyper-abstract impersonal structure and that it would be nothing without our co-operation. The most Gothic description of Capital is also the most accurate. Capital is an abstract parasite, and insatiable vampire and zombie maker; but the living flesh it converts into dead labour is ours, and the zombies it makes are us.»
Mark Fisher, Capitalist Realism (2009).
This week on Economic Update, Professor Wolff gives updates on Trump's 2019 $1 trillion plus deficit, burden of poor countries' debt, Amsterdam forgives young peoples' debts, "strong man" governments' fund-raising strategy, and gross failures of Trump/GOP's 2017 tax cut. In the second half he interviews Karen Ranucci (Center for Critical Thought) and Rob Robinson (Left Forum) on their programs and their collaboration to serve the rising US interests in socialism and building a movement for transition.
Watch the latest episode of #EconomicUpdate with #profwolff on our website, youtube, or as a supporter on Patreon (where there are some fun perks too). It's also available as a podcast on your favorite podcast app. .
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#economics #economy #economist
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#GoCoop #cooperative #coop
Value of theft in million U.S. dollars:
Wage theft 280 ********************************************************
“The struggle between the capitalist class and the working class take place in production and nowhere else; that it is over surplus value and over nothing else; that the interest of the capitalist is to retain and to increase the amount of surplus value, and the interest of the worker lies in diminishing surplus value until finally no surplus value remains. In other words, the struggle on the side of the capital is to continue labor power as a commodity, and on the side of the workers to destroy the commodity character of labor power. The capitalist wants to continue the wage system, and the worker must abolish it.” — “The economics of the Industrial Workers of the World; Job control and revolution” by Frederic S. Lee