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Keyword: capitalismsucks

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  • Lay Off the Layoffs. Our overreliance on downsizing is killing workers, the economy and profits.

    02/06/2010 10:36:25 AM PST · by SeekAndFind · 122 replies · 2,060+ views
    Newsweek ^ | 02/06/2010 | Jeffrey Pfeffer
    On Sept. 12, 2001, there were no commercial flights in the United States. It was uncertain when airlines would be permitted to start flying again—or how many customers would be on them. Airlines faced not only the tragedy of 9/11 but the fact that economy was entering a recession. So almost immediately, all the U.S. airlines, save one, did what so many U.S. corporations are particularly skilled at doing: they began announcing tens of thousands of layoffs. Today the one airline that didn't cut staff, Southwest, still has never had an involuntary layoff in its almost 40-year history. It's now...
  • The NAFTA Corridors: Offshoring U.S. Transportation Jobs to Mexico

    02/13/2006 7:19:18 PM PST · by Tolerance Sucks Rocks · 50 replies · 2,376+ views
    Monthly Review ^ | February 2006 | Richard D. Vogel
    ¡Pobre México! Tan lejos de Dios, y tan cerca de los Estados Unidos. (Poor Mexico! So far from God, and so close to the United States.) —General Porfirio Díaz, President of Mexico, 1877–1911Capital’s relentless search for cheap labor constantly alters the flow of surface transportation in North America with widespread consequences. The end-of-century deindustrialization of the United States and importation of cheap commodities from the Far East through the West Coast reversed historical east-west transportation patterns and established Los Angeles and Long Beach as the largest ports in the nation. To minimize transportation costs, which for many products are...