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Since the end of the post WW2 "golden era," in 1969, 1970, 73 [pick one, everybody gets to choose his/her own line of demarcation] that has been the US advantage . At the same time, what is remarkable on the European side, is the EU's willingness to allow, and the populaton's willingness to tolerate rates of unemployment that, prior to the 1970s, would have caused the every social democrate to tremble with fear over imminent revolution. Spain's rate exceed 20% at one time, didn't it? ----- Original Message ----- From: "David Picón Álvarez" <da...@miradoiro.com> > So if I'm reading this right, US enterprises have been able to push wages > down or keep them roughly the same while increasing working time, while > the > same does not apply in Europe? Weird. > > --David. ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
