Archives for posts with tag: Wages

Just who is telling the truth, is it propaganda on both sides.

In any conflict it is not just the innocent that suffer, but also the truth.

The innocents should be the prime consideration on all sides of any conflict, not the last, as is shown and proven many times.

Beastrabban\'s Weblog

As well as appearing on Counterpunch’s website, Theodore A. Postol also appeared on RT, and his analysis of the Sarin gas attack in Syria was also covered by Jimmy Dore. Postol is the emeritus professor of Science, Technology and National Security at MIT. He concluded that, contrary to what the American government and Syrian rebels were saying, the poison gas that killed the people of Khan Shaykhun was not dropped as a bomb from a plane, but was released from an improved ground-based weapon, about 12 cm long. Trump and the American media have claimed that the attack was the responsibility of Assad, and launched an attack by Tomohawk missiles on the air force base, from which the attack was supposedly launched, in reprisal.

In this video, Dore savagely critiques the statements of Trump, Sean Spicer and other members of the White House. He makes the point that the American…

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Beastrabban\'s Weblog

Engels Communism Pamphlet

Looking through one of the secondhand bookshops in Cheltenham last wee, I found a copy of Friedrich Engels’ Principles of Communism, published by Pluto Press. It was written in 1847, and is a very short introduction to Marx and Engels’ ideas of what constituted Communism. It’s 20 pages in length, and is written in the form of a catechism, Engels presenting their ideas as answers to the following questions: What is Communism? What is the proletariat? Proletarians, then, have not always existed? How did the proletariat originate? Under what conditions does this sale of the labour of the proletarians to the bourgeoisie take place? What working classes were there before the industrial revolution? In what way do proletarians differ from slaves? In what way do proletarians differ from serfs? In what way do proletarians differ from handicraftsmen? In what way do proletarians differ from manufacturing workers? What were the…

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Beastrabban\'s Weblog

Mike over at Vox Political has posted a piece about the remarks by Andy Haldane, the Chief Economist at the Bank of England, that Britain’s economy is being damaged by exorbitantly high executive pay. An article in the Independent notes that the average pay of FTSE 100 bosses is now 150 times that of the average UK worker. The Indie then went on to say

This large and growing remuneration gap, Mr Haldane said, “drive[s] a wedge between management and employees…that in turn erodes social capital. A company, like a country, whose physical and social capital is being eroded is one whose wealth-creation capacity is being impaired.”

Social capital refers to trust and relationships in a society and Mr Haldane argued this matters “every bit as much to wealth and well-being” as financial capital such as stocks and shares and other such assets.

It also reported that there have been…

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Beastrabban\'s Weblog

Okay, this is another video from The Young Turks across the Pond. I’m reblogging it here, because the attitude of the Republican senator, who made this stupid speech is exactly the same as the Conservatives over here. It’s so similar that I wonder how long it’ll be before Ian Duncan Smith, Katie Hopkins, Louise Mensch or some other Tory rentagob makes precisely the same argument in parliament, or in the pages of the Sun or the Mail.

The Republican senator, Tom Cotton, gave a speech to the right-wing Heritage Foundation arguing that disability benefits should be abolished because they act as a disincentive for the disabled to get jobs. He stated that disability benefits encourage increasing numbers of people to stop working to go on them. Eventually there comes a point, according to Cotton, where the sheer number of people on disability benefits drives companies away from an area…

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