Happy May Day!
May. 1st, 2007 10:03 amWorkers of the World Form Democratic Cooperatives!
Hmmm... Not quite as catchy a phrase as Karl's but more plausible in this era of neo-liberal religion.
Democratic cooperatives (ala the Arizmendi Bakery) are one way of rebuilding the middle class which, imo, is the glue that holds together democracies that merit that title. Update on the latest inequality figures for the USA and other countries noted on this "Gini Coeffient" page. A quote from that page:
"The Gini Coefficient for the United States has risen steadily since 1967. If the current trend continues, the United States will reach a Gini Coefficient of 0.546 in about 37-years, or 2043. This coefficient is equal to the one Mexico had in year 2000. Mexico is not known for having a large prosperous middle class."
Here's another interesting entry on economic trends by economic class, "Ali G Economics and the Gini Coefficient Puzzle." The charts on spending and income patterns are interesting even if the associated analysis is far from the mark. These graphs and charts in particular:
Income Disparity Since World War II - the Gini Index (by country)
Change in Consumer Expenditures Shares, 2000-05 (by quintile)
Selected Component Shares of National Income, 1981-2006 (corporate, proprietor and worker)
Last year, Amy Goodman interviewed the author of "Death in the Haymarket: A Story of Chicago, the First Labor Movement and the Bombing That Divided Gilded Age America", James Green, in remembrance of the Chicago anarchist origins of the labor celebration. Listen or watch the Democracy Now! episode entitled, "The Origins of May Day: A Story of Chicago, the First Labor Movement and the Bombing That Divided Gilded Age America" here.
Hmmm... Not quite as catchy a phrase as Karl's but more plausible in this era of neo-liberal religion.
Democratic cooperatives (ala the Arizmendi Bakery) are one way of rebuilding the middle class which, imo, is the glue that holds together democracies that merit that title. Update on the latest inequality figures for the USA and other countries noted on this "Gini Coeffient" page. A quote from that page:
"The Gini Coefficient for the United States has risen steadily since 1967. If the current trend continues, the United States will reach a Gini Coefficient of 0.546 in about 37-years, or 2043. This coefficient is equal to the one Mexico had in year 2000. Mexico is not known for having a large prosperous middle class."
Here's another interesting entry on economic trends by economic class, "Ali G Economics and the Gini Coefficient Puzzle." The charts on spending and income patterns are interesting even if the associated analysis is far from the mark. These graphs and charts in particular:
Income Disparity Since World War II - the Gini Index (by country)
Change in Consumer Expenditures Shares, 2000-05 (by quintile)
Selected Component Shares of National Income, 1981-2006 (corporate, proprietor and worker)
Last year, Amy Goodman interviewed the author of "Death in the Haymarket: A Story of Chicago, the First Labor Movement and the Bombing That Divided Gilded Age America", James Green, in remembrance of the Chicago anarchist origins of the labor celebration. Listen or watch the Democracy Now! episode entitled, "The Origins of May Day: A Story of Chicago, the First Labor Movement and the Bombing That Divided Gilded Age America" here.