The immiseration of the working class – Marx was right! (tags)
Just a couple of weeks ago, America's government tax collectors, the Internal Revenue Service, issued a new report. The IRS found that the richest 1% of Americans earned a record 21.2% of all income in 2005, up from 19% the year before. At the same time, the bottom 50% earned just 12.8% of all income in 2005, down from 13.4%. This was a record. IRS data only go back to 1986, but other academic research suggests that the last time wealthy Americans had such a high percentage of the national income was in the 1920s. And there's more. The IRS data show that the incomes of people right in the middle of all the income brackets (where half earn less and half earn more) fell 2% between 2000 and 2005 when adjusted for inflation, to $30,881. At the same time, the income level for the top 1% grew 3% to $364,657, or over ten times as much! This shows that capitalism is not only a breeder of economic crisis, war and waste, but is also a system of grotesque exploitation and injustice. When Marx wrote Das Kapital around 150 years ago, he argued that "pauperism (poverty) forms the condition of capitalist production and of the capitalist development of wealth... in proportion as capital accumulates, the situation of the worker, be his payment high or low, must grow worse".
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THE FILIPINO PEASANT IMAGINATION VERSUS AMERICAN LEFTISM (tags)
The following remarks are intended to supplement the author's paper "Blueprint for a Bulosan Project" posted in the online journal OUR OWN VOICE. This essay critiques the position of "leftists" in the elite U.S. academies who claim a "manifest destiny" to civilize colonized subalterns and peasant radicals like the Filipino writer Carlos Bulosan who (they claim) have failed to take "America" out of a transnationalizing U.S. Studies. Are we seeing a replay of the "Thomasites" who produced generations of neocolonized "little brown brothers" now serving U.S. imperialist aggression in Iraq, Aghanistan, Palestine, Mexico, Colombia, Venezuela, and in the Philippines, its former direct colony? "By the rivers of Babylon, there we sat down, yea...."
An article on the true nature of Marx and socialism/communism.