Re: [Marxism] From $70k per year to $12 per hour

[Louis Proyect <lnp3@xxxxxxxxx>]

killakai@xxxxxxxxx wrote:
> Ohh boo hoo these people. They seem more hurt by the social implications of 
> their jobs than the financial ones. 

The issue is not the individuals who meet this fate, but the social 
implications of a ruined middle-class. If the American economy betrays 
this class, it will eventually bite the hand that once fed it. Speaking 
of which, it is a good test of an analysis I have heard in the past that 
posits a fascist reaction to an economic collapse in advanced 
industrialized countries. So far, the evidence is a shift to the left 
looking at Iceland et al.

________________________________________________
YOU MUST clip all extraneous text when replying to a message.
Send list submissions to: Marxism@xxxxxxxxxxxxxxxxxxx
Set your options at: 
http://lists.econ.utah.edu/mailman/options/marxism/archive%40archives.econ.utah.edu