The New Popular Front

I heard the most revealing thing recently from a venture capitalist, obviously annoyed by the constant talk of both Republicans and Democrats about supporting business so it can ‘create jobs.’

He said look, “Nobody wakes up in the morning and says, I wanted to increase my payroll because I think it’s good for the American economy.” This is a pretty direct way of saying business does not exist to create jobs; it is there to make money. That is exactly what Marx lays out in Capital. There is no direct connection between productivity and creating jobs.
-Fredric Jameson

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