As the necessities of life get more and more expensive, the 1% (and the .01% especially) are raking in profits like never before. The last time this happened the rise in prices was accompanied with an attack on wages to create even more profit for the bosses. Mainstream economists are floating this strategy again. Inflation is due to the combination of the inability of an unplanned market to deal with the chaos it has created along with increased profit taking by corporations. Posturing as opposing these attacks on our living standards will also be used by the far-right to bolster their support.
Join us for a study session on the nature of inflation and how to fight against it.
Suggested readings
Are increases in workers’ wages to blame for higher inflation?
The free market right is wrong on inflation
Inflation: wages versus profits
What is fascism and how do we fight it?
Zoom meeting
Time: May 25, 2022 07:00 PM Pacific Time (US and Canada)
https://us02web.zoom.us/j/89920827111?pwd=IrTvNq0Sh_Nn9atDc05byt6uGyh2QT.1
Meeting ID: 899 2082 7111
Passcode: 347020
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