the new deal had two tasks get the industrial system producing again at near capacity and get the fucking familly farmers to stop producing at near capacity its a lesson in the radical divergence between" households' and"firms" as market producing monads maybe we need to look at how households now offer up job time thru this same "farmer " lense ================================ ---------------------------------------- yup faceing both declining prices and over stocks familly farmers still increased output and kept increasing it even as their out fits started getting fore closed at a lethal rate ------------------------------------------ when the feds finally got around to trying it took massive inducements to get these tens of millons of tiny farmers to cut back this wasn't soviet russia I.E. the "state" need to utilized the entire bag of public sector tricks taxation confiscation draftsand restrictions quotas court orders administrative regulations hand overs dole outs subsidies easy borrowing lines u name it thses farmers were tough to manage -------------------------------------- by the time relief came they'd lived thru gathering misery since 1919 and even though they'd had organizations since the 1880's when it came to familly farming facing this market grinder no member controlled grange /co-op type could get the whole job done voluntarism worked effectively only in good times when the problem was grave and protracted volunteer systems flopped like prison sing alongs --------------------------------------------------------- simple analysis: if you are a familly farmer in a time of over production and tumbling prices this coming season you hope every one else does the " right " thing and cuts back plants less raises less but baby fuck you your self you want to plant to the fence posts we economists call this type of frazzle " the fast driver problem" in a race where finish line position counts for everything since all drivers in the race want to finish as near the top as they can they all drive as fast as possible well accidents increase the faster the cars go hence to keep the deal from becoming a slaughter fest formulas are created that cap top speeds keeping them hopefully well inside drivers capacity to steer clear in this case with familly farms speed is output given a desire to maintain a living income and to pay their debt service familly farmers from growing cycle to growing cycle will just keep increasing output in response to falling prices which is wildly de-stabilizing in fact generally in the absence of state type interventions the problem simply goes from bad to worse till enough indebted small fry get plowed under by bank fore closures --------------------------- here comes the posts purpose today in Disney amerika we have a chronic over supply of availible for sale job ready hours fucking AA-BOMB its just like the familly farm sector from 1919 to 1942 from the end of one big boy war till the beginning of the next the farming households just pumped out as many crops and critters as they could and prices just went further and further south the '29 crash only doubled the pain through it all the farmers kept right on producing unlike the steel and auto guys or the house builders the farmers couldn't cut back the bankers could control the builders no construction loan no building the big corporate guys they of course were able and willing to control themselves but farmers keep farmin till they die or get the land taken from them ======================== so the state must step in as the state did step in starting up a huge regulation and subsidy system thats now a Frankenstein's monster (but thats another post) ================== well now bares an evil likeness to that long long gone america where over one quarter of the nation familly farmed today we don't need crop restrictions we need restrictions on job hours offered and on their perverse growth among more then 3/4 of our nation's households this will require penalties and rewards more wage per hour sold plus less allowed hours sold at least without premiums paid i call it min max maxi min maximum minimum wage rates up and down the line plus say a minimum of triple wage rate pay over say a maximum 37 hour work week with no week apon week hours averaging allowed ---------------------------------------- this is necessary to curb the shift into ever higher and higher levels of household job hours a spiral that is a spontaneous product of the market forces at work inside the wages system =------------------------------ the race to the wage bottom is on yes disaster lurks up ahead given this wageling welfare counter productive cycle this farmer like increase in supply as a response to falling real wage rates created again and again as wagelings react by supplying yet more hours every time they face yet lower wage rates as a consequence of their own prior increases in hours produced ----------------------- and corporate amerika's view " bring em on " of course it is the bastards running these companies "look for any opportunity to cut wage rates and increase hours with out increasing payroll costs thats how they incease profits thats "their" job profit max and they work over time on it " tower tykes ? hell like every one else they're "'just tryin to keep up" the ones runnin' the giant korpses for them its all about out doin' one another so when it comes to their own wagery premiium stripping benefit spreading job rationing general work pace intensification etc etc etc cause it all drops to the bottom line and this wage return pounding only increases the pressure to supply more hours as each household takes the latest employer type hammer shot to its "life style prospects" and vows to work longer try harder produce more ------------------------- by the way this chronic pathology has been going on since the hideous industrial recession of 1974 and from wall street's golden perspective its been " possibly the most rewardingly successful " war on wage rates'" since the civil war " " the great amerikan reem " as " GE johnny" called it two years ago in his memoirs ------------------------------------------- indeed what a 30 year long "bizness spirit revival" we have seen brothers and sisters today the holy ghost we like to call " private profit" lives among uz more abundently then ever then again for wagelings its gettin to lok like some day soon it'll be monday morning in america seven days a week ================== p.s. okay so the empire of wall street has struck back the cio iz dead these 50 years well ass holes so's the great stalin ok red breasts time to perk up heres a flash the last four years may be a final consolidation just prior to rapid disintegration in fact i believe the disintegration is already well under way realize this red fellas in this country where wagelings are the overwhelming majority we've just experienced the biggest drop in the share of wages out of value added in post pearl harbor american history maybe we need to realize we're gettin close to the snap back point comrades and kids i can't wait to ride the storm surge the spirit of seattle '99 iz come at uz nation wide ==========================Posted by pinky at September 12, 2004 03:53 AM
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