December 21, 2010

December 12, 2010

The Ant Tribe (NY Times)

In a kind of cruel reversal, China’s old migrant class — uneducated villagers who flocked to factory towns to make goods for export — are now in high demand, with spot labor shortages and tighter government oversight driving up blue-collar wages.

But the supply of those trained in accounting, finance and computer programming now seems limitless, and their value has plunged. Between 2003 and 2009, the average starting salary for migrant laborers grew by nearly 80 percent; during the same period, starting pay for college graduates stayed the same, although their wages actually decreased if inflation is taken into account.

Chinese sociologists have come up with a new term for educated young people who move in search of work like Ms. Liu: the ant tribe. It is a reference to their immense numbers — at least 100,000 in Beijing alone — and to the fact that they often settle into crowded neighborhoods, toiling for wages that would give even low-paid factory workers pause.

Full Story: China’s Army of Graduates Struggles for Good Jobs, New York Times

December 09, 2010

Quote Of The Day

"The Holy Roman Empire was neither holy, nor Roman, nor an empire."
-- Voltaire

December 01, 2010

Campaign 2012: President Palin?

According to the right-wing narrative, the calamity that’s befallen the white working class is due to the global and intellectual elites who run the mainstream media, direct the government, dispense benefits to the undeserving, and dominate popular culture. (The story and targets are not substantially different from those that have fueled right-wing and fascist movements during times of economic stress for more than a century, here and abroad.)

Sarah Palin has special appeal because she wraps the story in an upbeat message. She avoids the bilious rants of Rush, Sean Hannity, and their ilk. But her cheerfulness isn’t sunny; she doesn’t promise Morning in America. She offers pure snark, and promises revenge. Over and over again she tells the same snide, sarcastic, inside joke, but in different words: “They think they can keep screwing us, but (wink, wink), we know something they don’t. We’re gonna take over and screw them.”
-- Robert Reich: Sarah Palin’s Presidential Strategy, and the Economy She Depends On, Wednesday, November 24, 2010