http://www.consumertrap.com/2008/10/rare-journalism.html exposing capitalism, marketing & market totalitarianism Sat, 04 Feb 2012 14:22:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.consumertrap.com/2008/10/rare-journalism.html/comment-page-1#comment-245 Jon Sun, 26 Oct 2008 21:23:09 +0000 http://www.consumertrap.com/?p=448#comment-245 Almost 35 years ago, I was told that a depression is what happens when capital goes "on strike" against the working class and refuses to work until it gets concessions. I've since been told, many times, that I have a naive and childish concept of economics. It sounds to me like capital is going on strike and holding out for concessions. They've got all the money they need, plus generous government benefits to tide them over. Why shouldn't they hold out until they get what they want? Almost 35 years ago, I was told that a depression is what happens when capital goes “on strike” against the working class and refuses to work until it gets concessions. I’ve since been told, many times, that I have a naive and childish concept of economics. It sounds to me like capital is going on strike and holding out for concessions. They’ve got all the money they need, plus generous government benefits to tide them over. Why shouldn’t they hold out until they get what they want?

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