The system of fossil-fueled neoliberal capitalism is indeed moving toward an end of history, but only in the sense of the end of any historical advance of humanity as a productive, political, and cultural species due to the increasingly barbaric socio-economic and environmental conditions the system creates. There is now no alternative to the end of history as we know it. The sustainable development of human society co-evolving with nature including other species now depends on a definite historical break with capitalism as the dominant mode of production.
You are here
Labor / Economics
Stories about Labor and Economics.
President Trump is unlikely to fulfill his dream of forcing Mexico to pay for his proposed wall along the United States’ Southern border.
If it is built, though, U.S. taxpayers will almost certainly foot the bill, which some have estimated could be as high as $50 billion.
With that said, it’s worth taking a step back to look at the economics of U.S.-Mexican relations to see how immigration from Mexico even became a political issue someone like Trump could use to his advantage.
Less than a week after assuming office, President Donald Trump signed an executive order abandoning the 12 nation Trans-Pacific Partnership free trade agreement negotiated by former President Barack Obama, but not yet ratified by the U.S. Congress. He then quickly attacked Mexico — abruptly cut short a phone conversation with Mexico’s President Peña Nieto, canceled a meeting with Peña Nieto after demanding Mexico pay for a wall on the U.S. border and threatened to impose a 20 percent border tax on goods exported to the United States based on the North American Free Trade Agreement.
Back in the 1970s, with unemployment rising and British industry contracting, workers at the arms company Lucas Aerospace came up with a pioneering plan to retain jobs by proposing alternative, socially-useful applications of the company’s technology and their own skills. The ‘Lucas Plan’ remains one of the most radical and forward thinking attempts ever made by workers to take the steering wheel and directly drive the direction of change.
Forty years later, we are facing a convergence of crises: militarism and nuclear weapons, climate chaos and the destruction of jobs by new technologies and automation. These crises mean we have to start thinking about technology as political, as the Lucas Aerospace workers did, and reopen the debate about industrial conversion and economic democracy.
Before dawn on the Dec. 21, 2016, dozens of police raided the headquarters of the Shuar Federation (FISCH) in the Ecuadorian Amazon and arbitrarily detained its president, Agustin Wachapá. The indigenous leader was thrown to the ground and repeatedly stamped on and ridiculed beneath the boots of police in front of his wife. The police then razed the Shuar Federation’s office—turning over furniture and carrying away computers. According to the indigenous leader's wife, her husband was taken away without any kind of explanation. An arrest warrant for Wachapá was never presented.
President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s economic advisers relies heavily on public-private partnerships, and private equity firms are lining up for these plumbing investments. In the typical private equity water deal, for example, higher user rates help the firms earn annual returns of anywhere from 8 to 18 percent – more even than a regular for-profit water company might expect. But the price tag can come as a rude surprise for local ratepayers.
At first glance it is a factory: heavy machinery, crates, palettes, industrial barrels and men doing manual labor. Little catches the eye, except maybe the homemade banners hanging up around the warehouse. They’re in Greek, so you might not be able to read them, but you can tell these are not the stock decorations from the ‘IKEA industrial chic’ catalog.
Over a couple of days, you might also notice that you’re unlikely to see those men doing the same specific jobs, day after day, as you would in most factories. They seem to rotate their roles, mixing up batches of soap, pouring them into frames and cutting it into bars, but also cleaning toilets, taking product orders and coordinating distribution.
Zahra Shexo bends over her sewing machine and meticulously, but expertly allows the course material to run through her fingers and under the pointed needle of the machine. The sound of over a dozen women’s laughter and conversation intermixes with the repetitive mechanical sounds of the sewing machines in the large room. The sewing room is a Kaleidoscope of different coloured materials, samples, threads and other necessary sewing items. Zahra is the current administrator of the textile cooperative Amargi in Kobane city.