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Quote by Michael Yates

“Most young people are or will soon enough be workers. They can help to energize and radicalize the workers' movement. And what revolution has ever succeeded without youth?”

Quote by Michael Yates

Author

Michael Yates
Michael Yates

Michael Yates is a renowned economist born in 1946. He has made significant contributions to the field of economics, particularly in labor economics and the structure of capitalist economies. more

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“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.”