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Great Decoupling of Corporate Profits from Jobs
Robert Reich
Second-quarter earnings reports are coming in, and they're
making Wall Street smile. Corporate profits are up. And big
American companies are sitting on a gigantic pile of money.
The 500 largest non-financial firms held almost a trillion
dollars in the second quarter, and that money pile is growing
larger this quarter. Profits that plummeted in the recession
have bounced back. Big businesses have recovered almost 90
percent of what they lost.
So with all this money and profit, they'll start hiring
again, right? Wrong - for three reasons.
Jailbreaking Your iPhone: Now Perfectly Legal
Josh Levy, FreePress.net
The Library of Congress made a big, unexpected decision today, announcing that users who unlock or jailbreak their mobile phones are within the legal clear — they're not violating the Digital Millennium Copyright Act. It's a big win for openness.
This decision is a first step toward opening up wireless networks and releasing the stranglehold that companies have on consumers who, until now, were legally restricted from doing whatever they want to their phones.
Militarization of Central America and the Caribbean:
The U.S. Military Moves Into Costa Rica
Mark Vorpahl
Nestled between Panama to its south and Nicaragua to its north, Costa Rica is a Central American nation roughly the size of Rhode Island.
If another nation were to send Rhode Island a force of 7,000 troops, 200 helicopters, and 46 warships in an effort to eradicate drug trafficking, it is doubtful that the residents of Rhode Island would consider this offer "on-the-level." Such a massive military force could hardly be efficiently used to combat drug cartels. The only logical conclusion is that the nation whose troops now are occupying this other country had another agenda in mind that it didn't want to share.
"We've Lost The Battle, But We Haven't Lost The War"
Haiti Six Months After The Earthquake
Beverly Bell
Truthout - July 15, 2010, http://www.truth-out.org/weve-lost-battle-we-havent-lost-war-haiti-six-m...
Haiti during the World Cup is much like my hometown of New
Orleans was during the Superbowl. Don't try to make plans
with anyone to do anything during a game. (In the more cash-
rich New Orleans, the ban on non-game-related activity
stretched back a day or two before a game, because there was
Capitalism The 'Real Culprit Behind Climate Change'
Faranaaz Parker
“The best thing about Copenhagen is its failure. What I most dread about Copenhagen is that the public relations apparatus will manage to patch together propoganda or some sort of token agreement,” says Joel Kovel, a proponent of eco-socialism.
For Kovel and others, including top climatologist James Hansen, who referred to Copenhagen as a “disaster track”, the negotiations – which stalled primarily over emission reduction targets and financing for developing countries -- are a forgone conclusion.
“There really is no answer to this process because [countries] are not interested in saving the planet. They want to make money and they want to keep their power. So Copenhagen has got to fail because it’s inevitable but also because it will reveal to the world the need to get to the next stage.” That next stage, according to Kovel, is a world without capitalism.
The Political Meaning of the Attacks on Abahlali baseMjondolo
Michael Neocosmos
The background and consequences of the recent violent destruction of the Kennedy Road organisation of the Abahlali baseMjondolo (AbM) movement of shack dwellers by a combination of gangs recruited for the purpose, police action and local and regional ANC structures needs to be analysed at some depth. The reason is that this event and the actions surrounding it by various state apparatuses have major consequences for the democracy and citizenship rights which have been painfully fought for and constructed through popular struggle in this country over many years, but particularly during the popular upsurge of the 1980s. At this stage, AbM is trying to reconstitute itself in response to the ongoing attacks on its key militants but it is not yet clear how the attacks will change the movement.
Cooperation and Human Nature
Bernard Marszalek
JAS Econ
Here are two excerpts from a recent news feature.
"I cannot direct anybody to do anything that they do not want to do. All decision-making is by consensus."
All around . . . groups organized themselves in democratic cooperatives, arranged in an anti-hierarchy. All deliberations are open -- and exhaustive. Everyone gets their say no matter how long it takes. "It is bottom-up and not top-down."
Members of cooperatives will recognize these comments. In fact they are so commonplace as to be burdened with a ton of baggage. For some a smile will approach the lips in appreciation of the value of these statements. Others might feel their teeth clenching in anticipation of the seemingly endless meetings that they associate with deliberations over meaningless details.
The quotes however do not emanate from a co-op board meeting. They are attributed, in a Wall Street Journal blog, to the scientists working on “the largest machine in the world.”1
That happens to be the Large Hadron Collider -- a $6 billion particle accelerator near Geneva, with thousands scientists involved in its operation.
The Brave New World of Work
Armin Medosch
The Next Layer
This text is a first draft, trying to identify key topics for an inquiry into the new organisation of labour. It starts with a historic analysis and then explores the notion of Post-Fordism.Specific sections are devoted to cognitive capitalism, the creative industries, informational capitalism and the split between manual and mental labour. It ends with a modest proposal for an alternative path of development.
The human species cannot exist without work. Even if automation is driven to absurd limits, there will always be a rest of socially necessary labour. Labour is essentially the work of self-creation of the human species. And insofar this is true, there is no fixed or permanent understanding of labour and the social relationships which it is part of and which it creates. Therefore a reassessment of labour in the 21st century is urgently necessary.
We are interested in an inquiry inte the new organisation of labour not because we are obsessed with work. We also do not privilege in our analysis the wage-labour relationship. The question of labour of course implies forms of non-labour or what Marx called 'reproduction'; it implies idleness, affective labour, the labour of love, learning, experimentation and many other forms of labour which are not captured 100% by the notion of 'productive' labour in wage-labour relationships.
Our interest in labour is stimulated by the sense of crisis that reaches much deeper than the recent banking crisis and the ongoing market volatility. We think that we are going through a phase of transition during which either the tracks can be laid for a future development of human civilisation that is more beneficial in its relationship with the biosphere, including our own physical and mental resources; or we are bound to suffer from further rapid cycles of accumulation of capital and collapses, of speeded up developments and of break-downs, which will cause poverty, hunger and devastation on a global scale, but inadvertently hitting the poor much worse than those living in the comfort zone of the relatively wealthy countries.
We propose to undertake an inquiry which looks at the reality of living labour today. Putting labour into a central position is a methodological decision designed to counter the tendency of the reification of theories, a one-sided process of abstraction which creates false totalities.
We Want the Full Loaf
(not just a child support grant)
Mnikelo Ndabankulu
[Presentation at the Development Action Group Workshop, Cape Town, South Africa, 18 November 2009]
The Slums Act
The Slums Act first came to our ears as a Bill in 2006. The information about this Bill came to us indirectly through our sources.
It was clear that we needed to discuss this Bill as Abahlali. M'du Hlongwa and I both went to the Government Communications to ask a copy. We had two copies and we shared these copies and we analysed the Bill. We had a number of meetings where we read the Bill together going one line by one line.
Before we could get into the Bill the name of the Bill was already frustrating us as it talked about shack settlements as 'Slums'. Yes our communities are under developed and they need development. That is obvious. But they are not 'slums'. A slum is a place where there there is nothing good, where there is no survival. We immediately thought that it is wrong to call our communities 'slums'. We immediately thought that the government must recognise that our settlements are communities – communities that are underdeveloped due to neglect by the government - and that they need to be developed by that same government. They need to be made formal – not to be eradicated.
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