Marv has completely befuddled himself and any gullible readers in discussing work stoppages.
1. Go to the BLS link he gave and take the data on days lost, the series I used. It is exactly the data that underlies the chart I posted. The chart data comes from http://www.bls.gov/wsp/data.htm, and the series is identical. If Marv will build a chart of the days lost, 1947-1990, from his BLS link, he will get exactly the chart I posted. 2. Except I added trend lines to the chart. It is clear that the trend reverses into a fall in 1973-74. 3. Marv's comment mixes together number of strikes and days lost, mish-mashing numbers as though to cover his error. Does it matter whether the reversal happened 1973-74 or 1980? It does to the overall understanding. For one thing, it makes it clear that financialization took off after the decline had begun. For another thing, the average weekly earnings of private-sector workers also turned in 1973-74; in real dollars, it has never surpassed that level in all these fifty years. But again, the rational treatment of the issue is in The Hollow Colossus ( http://www.hollowcolossus.com ) , not in the entrenched errors given us here. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#29116): https://groups.io/g/marxmail/message/29116 Mute This Topic: https://groups.io/mt/104479559/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
