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Kim O\x27Brien
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Comments by "Kim O\x27Brien" (@kimobrien.) on "Inflation is the root of UAW strike: Former Chrysler CEO" video.
@johnteets2921 Bosses seek to drive down the cost of labor to boost their sagging rates of profit. As bosses compete to cut skilled labor time with machines and unskilled labor they end up with an ever declining rates of profit as prices sink towards the cost of production without inflation which the bosses use the central bank for. By pushing out currency to the banks they can then raise prices to capture more surplus value from our labor. The seek to drive of the value of property vs wages. This is why all wages and benefits need cola adjustments to prevent the bosses from cutting wages with inflation.
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Six hour days with four shifts.
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@GregRosenbaum-j5j The bosses world profit system is in a state of constant crisis. They keep throwing people people out of work when demand goes down and then those who have been thrown out they can not buy back what can be produced without them pushing out bailouts and more credit to restart production.
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The bosses are always crying poverty and demanding more for their crisis ridden race to the bottom system.
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Bosses seek to work us for the longest hours, at the fastest pace, at the lowest wages for the biggest profits. Bosses wasted 5.3 trillion dollars on the Wars in Iraq and Afghanistan destroying other countries in a "nation building" exercise. They create economic crisis by stock buybacks and other investments to drive up the value of stocks and bonds only to have the values collapse and then go for another bailout.
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@robincoble4620 Bosses like Trump and Biden can not fix the capitalist crisis ridden system. No new capitalist government policy can fix the crisis ridden private profit system.
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