Union Perspectives

The Dow Jones drops 318 and experiences the worst day since June. The Stock Market is down and people are asking why. It is very simple; you just have to go to the very bottom of the capitalist system, which is the wage slaves, who are the consumers in a capitalist consumer system. So the answer is obviously wage inequality. The greed of the oligarchies has caused the Stock Market to fall and it will continue to fall until the greedy loosen their pocket strings. China’s manufacturing has dropped, and as a result the country now uses less oil, iron, coal, which puts wage slaves out of jobs and creates a ripple effect upon other countries, such as those in Europe. These countries are also seeing a drop in consumerism. It all goes back to disposable income in the pockets of the “have nots,” who actually spend the money. U.S. workers should be making $15 to $16 an hour, which would be a huge money infusion into our capitalist consumer system. However, with no money to spend we end up w...

The fiscal shape of California and the Nation is on the upward move. It was done with a touch of government austerity and new tax revenues, which helped to even the playing field between the 99% and the 1%. And all are winning, such as the Stock Market, which is at an all-time high, and then there’s the Dow Jones, which is at 13.471.22. With gas prices predicted to fall in 2013, this will mean more cash to spend, which will mean more jobs. There is a concern that labor is not prepared to take advantage of these opportunities that are occurring or will soon occur. Labor should be putting its organizers on the streets instead of sitting back and licking its wounds over recent losses and setbacks. Now is the time o show the wage slaves what unions can do and have done for the 99%; and unions need to organize the unorganized workers. There are plenty of them out there. They need to stop trying to build its membership by raiding other unions. That’s a lazy way to get the job done and if th...