How can we quantify the wage share implied by varying degrees and types of participation to Global Value Chains?
A stable labor share has long been a stylized fact of advanced capitalist development (Kaldor, 1961). A key premise was that productivity increases would accrue to labor through real wage increases, which would tend to hold constant the share of wages in net output.
From Marvel, Star Wars and Mission: Impossible to Doctor Who; meet the show’s new Production Designer Over the past couple of months we’ve continued to learn more about the team Russell T Davies and Bad Wolf have put together to usher in the next era of Doctor Who. In some cases we’re seeing the return […]
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Innovation needs to be cultural, economic and social as well as technological to address global issues, so businesses must start producing technology that has a "measurable impact" on the world. read now...Following his alleged participation in the insurrection, Sgt. Joshua Abate was assigned to an NSA liaison unit at Fort Meade.
The post Marines Charged in Capitol Riot Got Highly Sensitive Spy Jobs After Jan. 6 appeared first on The Intercept.
My first introduction to Michael Lebowitz’s Beyond Capital: Marx’s Political Economy of the Working Class was through social reproduction theory. Specifically Tithi Bhattacharya’s chapter ‘How not to skip class’ in Social Reproduction Theory uses Lebowitz as a basis for centreing social reproduction and class struggle across the social factory within a Marxist analysis. Reading it six years ago, alone, and at the beginning of my PhD was a very different experience to re-reading it this time with the collective wisdom of the PPE reading group. My notes from 2017 capture my insecurity with the theory but also desire to find a framework from which to build my own theoretical approach to understanding the role of nature and social reproduction within capitalism. Returning to the text in 2022, its unique take on some old Marxist questions as well as some weaknesses were more apparent.
In response to a question on how the sanctions environment would affect the energy market, bin Salman told an industry conference in Riyadh: "All of those so-called sanctions, embargoes, lack of investments, they will convolute into one thing and one thing only, a lack of energy supplies of all kinds when they are most needed".Reuters
Europe was forced to abandon [cheap] long-term contracts and make the transition to [expensive] spot-based pricing/
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Fact: Boethius wrote in modern English, with rhymes,
“Prices at the grocery store have risen for many foods, but the cost of eggs climbed the most in the last year and consumers have scrambled to keep up.” – PBS
Well, well, well, if it isn’t Mr. Big Shot eating an egg for breakfast. You do understand people are suffering, right? They can’t pay their rent. They can’t afford their medications. And yet here you are, eating an egg for breakfast.
Look at Mr. Money Bags over here eating his egg-white omelet. Imagine having so much cash you can just let the most nutrient-rich part of the egg slip down the drain. Hold your breath, Scrooge McDuck, because you must be drowning in liquid assets. You are the 1 percent.
What are you, the heir to a chicken farm?