Chris Hedges: Karl Marx Was Right - Chris Hedges - Truthdig

[Jerome Park]

Should I buy Disney now?

Yes!

On Thu, Jun 4, 2015 at 1:10 PM, Mark Kohut <mark.kohut at gmail.com> wrote:

> Today's 'worker' news and yes this is THAT Julian Bond....
>
> Julian Bond ‏@JulianBond6  18s18 seconds ago
>
> Pink Slips at Disney. But First, Training Foreign Replacements.
>
> http://mobile.nytimes.com/2015/06/04/us/last-task-after-layoff-at-disney-train-foreign-replacements.html?emc=edit_th_20150604&nl=todaysheadlines&nlid=16139164&_r=0&referrer=
> …
>
> On Thu, Jun 4, 2015 at 5:54 AM, Jerome Park <jeromepark3141 at gmail.com>
> wrote:
> > The on-shored jobs from the so-called manufacturing renaissance in
> America
> > is something to keep an eye on. How many of these jobs that left America
> to
> > find cheap workers and avoid  regulations on the environment, taxes,
> utility
> > costs...are now returning to automated factories? And China too is
> building
> > huge automated plants. The glut of commodities, mostly from production
> and
> > productivity gains made during the boom continues unabated, even in oil,
> as
> > America drives down costs with new and improved technologies that bring
> up
> > WTI at $30, now looks like a reverse of the so-called super cycle, a BRIC
> > driven cycle that lasted a not so super 10 years. The reverse cycle may
> be
> > truly super and may last decades, driving wages down and forcing workers
> to
> > work forever. The politicians pander. Germany tick down the retiree for a
> > bit, Greece will have to raise its, but in the end, a so-called early
> > retirement will become a thing of the past. Where will the pensions find
> > safe yield? They won't, as interest rates will not respond to QE or any
> > other central bank maneuver to inflate late capital. Financial repression
> > does help the poor, the indebted, and it obviously helps those who have
> > inflated assets, stocks, but it squeezes the worker in a vice. China is
> the
> > key right now. How the US and China work together is the key. And China
> > wants to lifts its poor, still 90% of the people, and that means the
> > developed worker will have to work more for less. It's that simple. Then
> > there is India....
> >
> > Certainly good news for the poor, especially in countries like Brasil,
> where
> > the workers party has been in power for 12 years and, despite the
> headlines
> > and protests by the new "middle class", have the support of the poor, who
> > now vote.
> >
> > Not good news for the developed worker, who will bleed on the edge of a
> > brave new world.
> >
> > On Wed, Jun 3, 2015 at 6:41 AM, Mark Kohut <mark.kohut at gmail.com> wrote:
> >>
> >> Yeah, we Old World Privileged have to export commas and other
> >> entertainment while real workers have to be replaced
> >> by 'coolies'. (Just read about how global deflation has been
> >> exacerbated because of a non-stop glut of cheaply-made
> >> Chinese goods.)
> >>
> >> This too is in Against the Day.
> >>
> >> What a world, what a world.
> >>
> >> On Wed, Jun 3, 2015 at 5:55 AM, Jerome Park <jeromepark3141 at gmail.com>
> >> wrote:
> >> > Loved The Wire. Hope you all have been checking in on The Roosevelts
> on
> >> > your
> >> > public television station.
> >> >
> >> > The Big Force that most Marxist diagnosticians are ignoring is China.
> >> > The
> >> > elephant in the room is China. The Capitalists know it. It's not the
> >> > BRICs,
> >> > though these so-called emerging economies are a big enough force, but
> >> > It's
> >> > China & Capital that are deflating the global economy and driving
> labor
> >> > into
> >> > slavery. There is no solution in the short term and in the long run we
> >> > are
> >> > all dead. And I'm an optimist. This is about as good as it gets fro
> >> > workers
> >> > in our lifetimes folks. Get used to it.
> >> >
> >> >>
> >> >>
> >> >>
> >> >
> >
> >
>
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