Here’s a brief article that offers a number of ways to measure the relative success of neoliberalism versus social democracy. Worth a look.
Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks.
— Karl Marx, Capital v. 1
I just got this book in the mail today, so I’m not even done with the introduction. But I had to pass this along because it almost defies comprehension:
“If there were a single indicator to measure the status of Black women in the United States, it would be the difference in median wealth for single Black women compared to single white women. A 2010 study found that the median wealth for a single white woman was $42,600 compared to the surreal median of $5 for single Black women.”
— Keeanga-Yamahtta Taylor, From #BlackLivesMatter to Black Liberation
In 2014, the richest 1% of people in the world owned 48% of global wealth,
leaving just 52% to be shared between the other 99% of adults on the planet.
Almost all of that 52% is owned by those included in the richest 20%, leaving just
5.5% for the remaining 80% of people in the world. If this trend continues of an
increasing wealth share to the richest, the top 1% will have more wealth than the
remaining 99% of people in just two years, as shown on Figure 2, with the wealth
share of the top 1% exceeding 50% by 2016.
We’ll be watching a few clips from this documentary on Tuesday. I’m particularly interested in the section on education which begins around 1.15.
Starting in the mid-1970s, the United States stiffened its laws on drugs and violent crime and ratcheted up the police presence on city streets. The number of people in American jails and prisons has risen fivefold over the past 40 years. There are now roughly six million people under criminal-justice supervision. “In modern history,” Goffman writes, “only the forced labor camps of the former U.S.S.R. under Stalin approached these levels of penal confinement.”
“More African American men are in prison or jail, on probation or parole than were enslaved in 1850, before the Civil War began,” Alexander, an Ohio State law professor, recently told listeners at the Pasadena Branch of the American Civil Liberties Union.