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Michael Yates

Michael Yates Quotes

Economist

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“I am sure that the experience of growing up in the heart of the working class and learning from my parents, and especially from my grandmother (who also worked on a barge boat as a cook and a servant for rich folks in Manhattan, Newport, Grosse Point, and Sewickley, all havens of the very rich), that life was not especially fair and always full of bad possibilities, helped shape my future take on life. Then what really transformed my thinking was the war in Vietnam and trying to be a good teacher.”

“The Vietnam War was so obviously evil and bore down most heavily upon working class youth that it made me think about things more deeply than I had before. It disillusioned me completely and forever about the government. And it made me aware that the media and the government lied almost as a matter of course. But it also opened my eyes to what was really going on in America.”

“I still believe that workers must be the basic force which must organize and eventually transform society (along with peasants in poor countries). This is because they are the source of the profits which make capitalism what it is. They can shut the system down, and at the same time they possess the unique knowledge needed to make it work in everyone's interests.”

“The system has a way of convincing people that because they live in the USA they are better off than all other people in the world. This gets them focused on the wrong things, of course, but it has been a tried and true way of deflecting class struggle, something I don't think Marx didn't fully anticipated. The education system, and the whole culture really, has a lot to do with how these feelings are transmitted to each new generation. When parents say their kids were heroes when they died for nothing in Iraq, you can see the power of this.”

“Capitalism is a powerful producer of output, crisis-mongering on the left notwithstanding, and this too makes the system seem to have a lot of promise. This is why it is so important to agitate against the system in good times and bad. We can't depend on some super crisis to get folks thinking but instead have to focus on all of the contradictions of the system which cannot be ultimately resolved by it.”

“We must not forget either that some of the system's resilience is due to its ability to coopt people with money and prestige. It is easy to get sucked right in. Those who grasp the system are also likely to be talented and capable of doing well within the system. Who will turn down a lot of money? Who doesn't have an ego? A compromise here, another one there, and pretty soon, you are sucked right in.”

“Life as we know it is fundamentally unsatisfying. I think most folks feel this to be true. They know that a life of aimless consumption isn't much of a life. And work offers us very little satisfaction. Plus our work and consumption is destroying the environment. And this is in the rich countries. Add starvation, etc. to the mix, and you have a lot of people in the world pretty unhappy with things as they are. Modern communications make all of this known to people far and wide, and we see the fundamental unfairness of it all.”