Occasional postings on matters pertaining to economic sociology or socio-economics or political economy at the local (Jacksonville FL.), state, national, and global level.
Saturday, July 13, 2013
The Poor Get Poorer
The US labor market is an abject failure. See the report on the jobs that have suffered the greatest wage loss over the period of capitalist crisis.
This is another reason there will be no recovery from a demand-side crisis.