When I read Bible History, I can see Moses taking the Hebrew slaves out of the Egyptian Economy as the 1st Bible record of the 1st Labour Movement.
The entire Russian Military Budget was $60 BILLION last year. Dragging out the Afghanistan War for 20 years and $2 TRILLION, made a lot of American Oligarchs rich off WAR. It’s not only Russian Oligarchs.
Most Christian America turns a BLIND eye to that reality!
The US DoD budget was only $60 BILLION when Eisenhower pointed this out in 1953 DOLLARS with his CROSS OF IRON speech.
What can the world, or any nation in it, hope for if no turning is found on this dread road? The worst to be feared and the best to be expected can be simply stated. The worst is atomic war.
The best would be this: a life of perpetual fear and tension; a burden of arms draining the wealth and labour of all peoples; a wasting of strength that defies the American system, or the Soviet system, or any system to achieve true abundance and happiness for the peoples of this earth.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.
This world in arms is not spending money alone.
It is spending the sweat of its labourers, the genius of its scientists, the hopes of its children.
The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.
It is two electric power plants, each serving a town of 60,000 population.
It is two fine, fully equipped hospitals.
It is some fifty miles of concrete pavement.
We pay for a single fighter plane with a half million bushels of wheat.
We pay for a single destroyer with new homes that could have housed more than 8,000 people.
This is, I repeat, the best way of life to be found on the road the world has been taking. This is not a way of life at all, in any true sense.
Under the cloud of threatening war, it is humanity hanging from a CROSS OF IRON. These plain and cruel truths define the peril and point the hope that come with this spring of 1953 – and Summer of 2022.
labor Power, Wages, and Inequality
On March 7, 2022, the U.S. Department of the Treasury issued a report titled, “The State of Labor Market Competition.” It is not what one might expect from the U.S. government. It is apparent that something is unusual when the first chapter is “Theories of Labour Market Power,” and the word “power” appears 15 times in the executive summary, 12 times in the introduction, and too many times to count in the body of the report. Power, after all, is generally absent from mainstream myths of how labour markets work.