Monday, December 12, 2011

more balderdash: "Will people instead .....

...turn their attention to bettering their own conditions of life in the concrete, immediate ways an unraveling economy will require? Will newly homeless millions look at newly foreclosed, empty houses, unsaleable consumer goods, and stockpiled government foodstuffs and see a way to sustain life? No doubt, as in the past, Americans will demand that industry or government provide them with jobs, but as such demands come up against economic limits, perhaps it will also occur to people that the factories, offices, farms, and other workplaces will still exist, even if they cannot be run profitably, and can be set into motion to produce goods that people need. Even if there are not enough jobs—paid employment, working for business or the state—there is work aplenty to be done if people organize production and distribution for themselves, outside the constraints of the business economy."


folks:
movements like the one in argentina amount  to a real wage cut and or involuntary
social job hour sharing scheme

once you realize any output sold on the dollar  market
 produced in this  co op sector
(ie not self consumed  or bartered or parallel currency traded)
 ... in the absence of a larger effective demand aggregate

 only reduces market demand for corporate sector output

work this thru ...