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6 years, 11 months ago

the effect of consolidation on labour

There are also clear downsides for workers in consolidation through M& A s. For one, merged companies typically close some plants or facilities, which can lead to workforce reductions. In addition, experience shows that the new owners will try to undermine existing conditions and pay and to squeeze…

—p.61 Catalyst Vol. 1 No. 2 The New Terrain of Class Struggle in the United States (41) by Kim Moody
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6 years, 11 months ago

the service sector

Looking at those private-sector “services” most likely to employ workingclass people (excluding FI R E and professional services), service jobs grew by 14.2 million from 1990 to 2010. Some 8 million of those jobs, or 57 percent of growth, were in employment associated with the labor of social repro…

—p.49 The New Terrain of Class Struggle in the United States (41) by Kim Moody
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6 years, 11 months ago

from relative surplus value to the neoliberal era

[...] for most of the postwar era, US capital was mainly focused on extracting “relative surplus value” — i.e., generating profits by relying on increased productivity. The key inflection points for us are in the late 1960s through the 1970s, a period of intense industrial conflict in the United St…

—p.45 The New Terrain of Class Struggle in the United States (41) by Kim Moody
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6 years, 11 months ago
You added a vocabulary term
6 years, 11 months ago

praetorians

the praetorian guard of "super delegates"

on Bernie

—p.141 by Kim Moody
notable