For the foreseeable future the United States, along with most wealthy countries, face no realistic budget constraints. With economies operating well below full employment additional government spending would help to boost demand, employment, and growth. The only obstacle to more spending is a bizarre cult of budget balancers that dominates politics in the United States and Europe in defiance of all available economic evidence and theory.
Just admit it, people. What you want is a ruling elite of celebrities, sports figures, and political leaders to tell you how you should do everything, because you’ve never really felt that sure of yourself in the first place.
Labor is a commodity, like any other, and its price is therefore determined by exactly the same laws that apply to other commodities. In a regime of big industry or of free competition – as we shall see, the two come to the same thing – the price of a commodity is, on the average, always equal to its cost of production. Hence, the price of labor is also equal to the cost of production of labor. But, the costs of production of labor consist of precisely the quantity of means of subsistence necessary to enable the worker to continue working, and to prevent the working class from dying out. The worker will therefore get no more for his labor than is necessary for this purpose; the price of labor, or the wage, will, in other words, be the lowest, the minimum, required for the maintenance of life.
I don’t believe anything, but I have many suspicions.
The NSA didn’t wake up and say, ‘Let’s just spy on everybody.’ They looked up and said, ‘Wow, corporations are spying on everybody. Let’s get ourselves a copy.
The raging narcissism that seems to shape every ad, film, television program and appeal now mediated through the power of the corporate state and consumer society is not merely a clinical and individual problem. It is the basis for a new kind of mass illiteracy that is endlessly reproduced through the venues of a number of anti-democratic institutions and forces that eschew critical debate, self-reflection, critical analysis and certainly modes of dissent that call the totality of a society into question. As American society becomes incapable of questioning itself, the new illiteracy parades as just its opposite. We are told that education is about learning how to take tests rather than learning how to think critically. We are told that anything that does not make us feel good is not worth bothering with. We are told that character is the only measure of how to judge people who are the victims of larger social forces that are mostly out of their control. When millions of people are unemployed, tossed out of their homes, homeless or living in poverty, the language of character, pop psychology, consumerism and celebrity culture are more than a diversion: they are fundamental to the misdirected anger, mob rule and illiteracy that frames the screaming, racism, lack of civility and often sheer and legitimate desperation.
There’s a saying: ‘If you owe a hundred dollars, the bank has you in its power; but if you owe a million dollars, you have the bank in your power.’
The biggest snail on Earth?
It’s the largest species of gastropod in American waters, anyway. Lovingly referred to as the Florida horse conch, Triplofusus giganteus is a marine mollusc, whose enormous size and orange body makes it distinguishable on the ocean floor.
Better GIF-ing through chemistry.
Does the fact that these come from a Buzzfeed post sponsored by a car maker mean that we have reached peak Buzzfeed? Or should we be happy that Kia thinks chemistry is a good way to sell cars?
Everybody behaves badly,” I said. “Give them the proper chance.
In neoliberal society markets don’t serve the pre-existing needs of subjects; subjects are fabricated to serve the market. The subject’s purpose in life becomes synonymous with the facilitation of economic growth. Entrepreneurship becomes the ethical model of how to live