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I used to really enjoy PG's articles, but these days he seems to be trying to publicly talk himself into something he already believes. His conclusions jumped
by timoth3y 6y ago
I used to really enjoy PG's articles, but these days he seems to be trying to publicly talk himself into something he already believes.
His conclusions jumped out at me:
> You would think, after having been on the side of labor in its fight with capital for almost two centuries, that the far left would be happy that labor has finally prevailed. But none of them seem to be. You can almost hear them saying "No, no, not that way."
There may be some assumptions under which this makes sense, but they are not expressed in the article.
The power of labor in terms of pay, working conditions, political influence, or any measure I can think of is at a 50-year low in the US. And since labor makes up the vast majority of jobs, it's not just the "far left" who needs to be concerned about them.
Being able to raise money from a capitalist (venture or otherwise) who will then own part of the enterprise is pretty much the definition of capitalism. It's a good thing, but the success of capitalism is not automatically a victory for labor.