Traverse Machine

[Atticus Pinecone]

Chomskyhonkin *honk* *honk*

In all seriousness—what *honk* do we *honkhonk* do about *honk* about this?

*honk*



> On Aug 25, 2017, at 9:33 AM, Mark Kohut <mark.kohut at gmail.com> wrote:
> 
> Look what other chart just showed up.
> 
> https://twitter.com/resnikoff/status/901073556540243968
> 
> 
> 
> ---------- Forwarded message ----------
> From: Mark Kohut <mark.kohut at gmail.com>
> Date: Fri, Aug 25, 2017 at 7:55 AM
> Subject: Re: Traverse Machine
> To: ish mailian <ishmailian at gmail.com>
> Cc: Pynchon-l <Pynchon-l at waste.org>
> 
> 
> In Robert Reich's first movie, he had a few charts. One was of
> the growth of GDP in America since WW2...
> charted with the growth of
> median income in Americas since WW2.......
> And a chart of union membership in America over that time. 
> 
> I was in about 1977 that the growth of GDP slowly but noticeably started to outpace the growth of median income, which flattened over time. 
> 
> It was at about that time that the fast decline of union membership started. (If I remember it was leaking away even earlier in the decade.) Reich pointed out how non-union wage growth also slowed. Union monetary achievements helped all workers. 
> 
> I am working with a retired economist--one who was part of the leadership in founding 
> the radical economists group of the 60s, early 70s. I am bringing his best book, The Money Mandarins
> back into print with him, revised, updated, but the bulk of the analysis is the same since real predictive insight can be like that. 
> He basically predicted all of the adverse effects of globalization on workers. 
> 
> When I told him the above examples from Reich's film, he told me this, still baffled and self-surprised at it.He said that around that time, in his prime, he poured through scads of data--to see economic 
> trends, anomalies, truths....this was worldwide but he was working in Europe, unlike many American economists
> so.......
> 
> This became unexplainably evident to him.....slowed growth and even a visible decline in economic value of wages WORLDWIDE (even as many of the most poor in major countries--China, India, for example---forged forward, as has steadily happened)
> which, according to classical head-in-ass econ theory, will always balance with new "creatively destructive" growth of
> new occupations...
> 
> 
>> On Thu, Aug 24, 2017 at 7:36 AM, ish mailian <ishmailian at gmail.com> wrote:
>> There’s also the fact that many traditional jobs are no longer very
>> well paid. The 1980s recession, timed with the beginning of the Reagan
>> years, was the beginning of a progressive destruction of unions in an
>> industry which had at a time been the centre of the most militant
>> labor struggles in the history of the American west. In 1978, a
>> forestry worker with no high-school diploma could earn up to 40% more
>> than the state’s average wage. Now, fellers can earn as little as $18
>> an hour.
>> 
>> https://www.theguardian.com/us-news/2017/aug/23/logging-industry-work-employment-oregon
>> -
>> Pynchon-l / http://www.waste.org/mail/?listpynchon-l
> 
> 
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