Posts Tagged ‘capitalism’

Fuck You. I’m Gen Y, and I Don’t Feel Special or Entitled, Just Poor.

Posted: 2013/09/18 by Punkonomics (@dearbalak) in Links/Articles/Video
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Fuck You. I’m Gen Y, and I Don’t Feel Special or Entitled, Just Poor..

Yes it’s true that America’s income gap is widest since the Great Depression (NPR), but It’s even worse that that:

Posted: 2013/09/11 by Punkonomics (@dearbalak) in Links/Articles/Video
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Yes it’s true that America’s income gap is widest since the Great Depression (NPR), but It’s even worse that that:

  1. This is just income and doesn’t include the wealth already amassed by the wealthy so the real difference in economic well-being is much larger.
  2. Back in the 30s Americans had effective labor unions and most were aware of the situation they were facing. Today, this is no longer the case so the efforts to correct this imbalance are very weak.
  3. The political parties in the 30s had some accountability to the majority and not only to their wealthy corporate owners. Hence FDR was willing and able to represent “main-street” and not only “Wall-street” despite strong pressure, and even an attempted coup, by the “banksters.”
  4. While it was certainly a painful collapse of the economy, the Great Depression was in the middle of a very long period of growth in wages and standards of living for the majority of Americans. This period ended in the mid 70s and for the vast majority of Americans, things have been getting worse for 3 decades and getting catastrophic in the last few years. In this context, the long term, irreversible, damage is much worse today than in the 30s.
Consider a bad flu hitting a strong young person as opposed to a chronically ill old person: same disease but worse effects and dismal prognosis :'(

Today’s show about Walmart workers with Patrick Foote (Central Florida Jobs with Justice & OUR-Walmart )

Posted: 2013/07/29 by Punkonomics (@dearbalak) in Announcements
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Patrick is involved with the Walmart workers’ attempts to fight for their basic rights and living wages.

Check out some info here:

(1) Central Florida Jobs with Justice (http://cfjwj.org/)

(2) OUR-Walmart (http://forrespect.org/)

(3) Making Change at Walmart (http://makingchangeatwalmart.org/)

I’ll be posting more info after the show as well as the podcast (available from all iTunes, networked blogs, and on this blog)

Detroit’s decline is a distinctively capitalist failure | Richard Wolff | Comment is free | guardian.co.uk

Posted: 2013/07/25 by Punkonomics (@dearbalak) in Links/Articles/Video
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Detroit’s decline is a distinctively capitalist failure | Richard Wolff | Comment is free | guardian.co.uk.

Today’s show with 1199SEIU (Service Employees International Union) United Healthcare Workers East–Florida Political Organizer: Coy Jones

Posted: 2013/07/15 by Punkonomics (@dearbalak) in Announcements
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I’m thrilled to have a guest from this legendary union with an amazing history that has recently started working in Florida (a very hostile terrain to say the least).

As is our custom on Punkonomics, the guest gets to control the show but I do intend to ask some questions about actions the 1199 are taking locally and nationally, what the future holds, and surely we’ll also talk about the rising gross injustices around us.

Here’s some background info on the 1199SEIU. Make sure you watch the short video to get an idea of who they are and how important they were and continue to be. MLK called them his “favorite union.” http://www.1199seiu.org/florida ,  https://www.facebook.com/1199SEIUFlorida

1199 50th Anniversary Video from 1199SEIU on Vimeo.

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