[Marxism] Is Paul Krugman cribbing from Monthly Review?

Louis Proyect lnp3 at panix.com
Mon Nov 18 13:22:23 MST 2013


On 11/18/13 3:14 PM, Charlie wrote:
> Don't lots of Columbia IT employees earn well above median wage
> (currently about $770 a week for full time workers)? The amounts in
> typical accounts are far too small to provide a comfortable retirement
> on top of Social Security. 401K accounts exacerbate wage inequality,
> because it is easier for a higher-income employee to save a given
> percentage of earnings, while lower-income workers must spend on current
> basic needs.

Of course they make more than the median wage, but so do UPS drivers, 
coal miners in surface pits in the Iron Range of Minnesota, railroad 
switchmen and repairmen like Jon Flanders, and many other industrial 
workers who supposedly constitute the heavy battalions of proletarian 
resistance. The truth is that these workers are not being impacted in 
the same way as Greeks or Spaniards--at least not now.




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