article on the importance of food and fast food workers as part of the struggle with more traditional unions against the systems. with respect to the importance of food to the systems of capitalism and certain roles it takes in the system here is a paragraph: ".....the reduction of the means of subsistence, the reduction of the labor-time necessary for the production of labor power, and the reduction necessary to feed, clothe, shelter and educate the worker’s family. One of the key means of subsistence in determining the value of labor power is the cost of food." "This meant the restructuring of capital and labor power. More efficient food production and distribution per calorie were central in the lowering of the value of labor power. As the graph shows, there has been a clear and continuous decline in the percentage of food expenditure for U.S. households." "As income rises, the food expenditure becomes a smaller percentage of the overall expense of a household. This is referred to as Engel’s law. According to the study, the lowest 20% of the income quintile spends 16.1% of income on food, the second 20% spends 14.5%, the third 20% spends 13.3%, the fourth 20% spends 13.0%, and the highest income quintile spends 11.6% on food (9). According to the Bureau of Labor Statistics total food spending by U.S. consumers in 2011 was 789.7 billion dollars (Bureau of Labor Statistics). Of this near 800 billion dollar economy, 195 billion dollars are made up by the fast food industry (Statistics Portal)."
Posted on: Tue, 01 Oct 2013 01:28:33 +0000
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