“A writer’s notebook is not a diary. Writers react. Writers need a place to record these reactions. That’s what a writer’s notebook is for. It gives you a place to write down what makes you angry or sad or amazed, to write down what you noticed and don’t want to forget. A writer’s notebook gives you a place to live like a writer.” - Ralph Fletcher
Catching Elephant is a theme by Andy Taylor
By ‘class’ he meant one particular economic process within any and all societies in which some members of the society—the workers—perform ‘surplus labor.’ Marx defined this as labor beyond that needed to produce those goods and services that the workers themselves consumed. In both feudalism and capitalism, Marx believed, surplus labor’s product—the surplus—automatically and immediately became the property of persons other than the workers who had produced that surplus. Marx defined this situation as ‘exploitation’: production of surplus by one group and its receipt by another. When Marx spoke about classes, he mostly meant the two opposing groups defined in and by the class process: surplus producers versus
surplus appropriators.
Richard D Wolff & Stephen A. Resnick, Contending Economic Theories: Neoclassical, Keynesian, and Marxian (Page 27). MIT Press.
(Source: rdwolff.com)
Globalization and the technology revolution are increasing productivity and prosperity. But those rewards are unevenly shared—they are going to the people at the top in the United States, and enriching emerging economies over all. But the American middle class is losing out.
It may seem surprising that it takes a Nobel laureate and sheaves of economic data to reach this conclusion. But the analysis and its provenance matter, because this basic truth about how the world economy is working today is being ignored by most of the politicians in the United States and denied by many of its leading businesspeople.
Chrystia Freeland
(Source: The New York Times)
We live in a system that can not get the people who want work together with the stuff that’s available for them to work with to produce what everybody knows we need.
Professor Richard D. Wolff
(Source: rdwolff.com)
#Capitalism Can Not Be Reformed #occupywallst #ows (Taken with Instagram at #OCCUPYWALLSTREET)
