Category Archives: Labor

Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time

By Charles Hugh Smith Source: Of Two Minds This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if … Continue reading

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An Inconvenient Revolution

By Charles Hugh Smith Source: Of Two Minds Convenience isn’t just about small appliances. It’s also about ruling nations. Let’s start with the semantics of ruling nations. Some labels might be viewed as somewhat inflammatory (Kleptocracy, anyone?), so let’s stick with … Continue reading

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I Know Why Can’t We Fix Homelessness

By Peter Van Buren Source: We Meant Well “What stands out for visitors?” I asked our guide during a Honolulu Chinatown tour with my out-of-town guests. “Always the same, the homeless. Even Mainlanders from big cities like San Francisco and … Continue reading

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Saturday Matinee: The Wobblies

Classic Film Review: One of the Great Labor Documentaries is restored — “The Wobblies (1979) By Roger Moore Source: Movie Nation “The One Big Union,” they called it, an organization that would represent every worker laboring for “The Man.” Unlike the … Continue reading

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A Most Peculiar Recession

By Charles Hugh Smith Source: Of Two Minds So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic. In the … Continue reading

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What Was Covid Really About? Triggering A Multi-Trillion Dollar Global Debt Crisis. “Ramping up an Imperialist Strategy”?

Covid, Capitalism, Friedrich Engels and Boris Johnson By Colin Todhunter Source: Global Research “And thus it renders more and more evident the great central fact that the cause of the miserable condition of the working class is to be sought, … Continue reading

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Livelihoods in a Degrowth Economy

By Charles Hugh Smith Source: Of Two Minds Let’s consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to Degrowth. Nassim Taleb’s book Antifragile explains the differences between fragile systems (systems that cannot … Continue reading

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Our Financial System Is Optimized for Sociopaths and Exploitation

By Charles Hugh Smith Source: Of Two Minds We live in a peculiar juncture of history in which truth has been banished as a threat to the maximization of private gain, i.e. the hyper-pursuit of self-interest. Evidence that supports a causal chain has been … Continue reading

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