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Showing posts with the label "labour and capital"

Capitalism

State intervention may be back, but don't assume neoliberalism is dead Related Here is what the Financial Times , a supporter of neoliberal capitalism of last 40 years is suggesting to reform a system in a deep crisis and thus preserve it: "Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investments rather than liabilities, and look for ways to make labour markets less insecure. Redistribution will again be on the agenda; the privileges of the elderly and wealthy in question. Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix."
“It is worth noting,” [Martin Luther] King said, “that Abraham Lincoln warmly welcomed the support of Karl Marx during the Civil War and corresponded with him freely. … Our irrational obsessive anti-communism has led us into too many quagmires to be retained as if it were a mode of scientific thinking.” Abraham Lincoln and Karl Marx (Click on Free view when subscription message pops up)
Because of depression Mark Fisher took his life last year. A friend of mine sought counselling. She told me they had never asked her about work and her working conditions. I have recently heard that a colleague of mine is away because of stress. Personally, I narrowly escaped depression 18 months ago. Here is the context: "The ‘rigidity’ of the Fordist production line gave way to a new ‘flexibility’, a word that will send chills of recognition down the spine of every worker today. This flexibility was defined by a deregulation of Capital and labor, with the workforce being casualized (with an increasing number of workers employed on a temporary basis), and outsourced. Like Sennett, Marazzi recognizes that the new conditions both required and emerged from an increased cybernetization of the working environment. The Fordist factory was crudely divided into blue and white collar work, with the different types of labor physically delimited by the structure of the building it