Activity

The "golden chains" Marx referred to are not so golden anymore. Marx spoke of workers getting higher wages during a boom while the capitalist got even higher profits [...] these conditions no longer obtain.

For the last several decades, with a slight exception in the mid 1990s, workers' real wag…

[...] in Wage Labor and Capital, Marx discussed the question of the workers and the business cycle [...]

The labor leaders repeat the line of the propagandists of capital in calling the present situation an economic crisis - a classless characterization - when, in fact, it is a capitalist economic crisis. It is a crisis of the system of exploitation in which the bosses are trying to pass their cri…

In fact, the revolution in technology and hte globalization of capitalist production and services are eroding the national determination of wages.

The wage level of the working class in the imperialist countries, under pressure of the global competition set up by the giant monopolies, is being i…

[...] A dangerous shift to the right in labor relations was underway.

It soon became clear that hte bosses were aiming to reverse the historic gains of the working class that dated back to the tempestuous class struggles of the Roosevelt New Deal era [...]

But the strength of organized labor …