productivity
The average American worker takes less vacation time than a medieval...
By Lynn Parramore
Nov. 7, 2016
Life for the medieval peasant was certainly no picnic. His life was shadowed by fear of famine, disease and bursts...
Debate on Europe
By Ernesto Screpanti*
Since the end of World War II, tribal rivalries and xenophobic sentiment in Europe have never been as strong as they...
The slump in US productivity: Another symptom of capitalist crisis
On Tuesday, the US Labor Department reported that labor productivity fell 0.5 percent in the second quarter of this year, the third consecutive quarterly decline. This prompted the Wall Street Journal to lead its Wednesday edition with a worried article, entitled “Productivity Slump Threatens Economy’s Long-Term Growth,” noting that the US is in the midst of the worst productivity growth since the late 1970s.