To the Editors of the Oregonian

Mes chers madames et messieurs,

The second in a three-part series included the interesting passage:

The A[ssociated] P[ress] found that almost all the jobs disappearing are the midskill, midpay jobs — jobs with salaries ranging from $38,000 to $68,000 in the US — that form the backbone of the middles class in developed countries in Europe, North America and Asia.

In the United States, half of the 7.5 million jobs lost during the great recession paid middle-class wages and the numbers are even grimmer in the 17 European countries that use the euro as their currency.  A total of 7.6 million midpay jobs disappeared in those countries from January 2008 through last June.

Those jobs are being replaced in many cases by machines and software that can do the same work better and cheaper.

mais mesdames et messieurs!  Genau hat Karl Marx geprägt.  This is precisely what a somewhat celebrated nineteenth-century German-language philosopher, whose predictions you so often congratulate yourselves on having shown to be wrong, said would happen.  Karl Marx said that the replacement over time of workers by machines would hollow out the classes, create reserve armies of unemployed, and concentrate — unsustainably so — all the wealth in the hands of the few large capitalists.

About M. Meo

Worked as translator, museum technician, truck lumper, lecture demonstrator, teacher (of English as a Second Language, science, math). Married for 25 years, 2 boys aged 18 & 16 (both on the Grant cross-country team). A couple of scholarly publications in the history of science. Two years in federal penitentiary, 1970/71, for refusing the draft.
This entry was posted in Economics, Global, Inequality, Marxism, Uncategorized. Bookmark the permalink.

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