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The Almighty Buck

Marx May Have Had a Point 1271

Hitting the mainpage for the first time, Black Sabbath writes "While communism has been declared dead and buried (with a few stubborn exceptions), Karl Marx's diagnosis of capitalism's ills seem quite bang on the money. Harvard Business Review blogger Umair Haque lists where Marx may have been right." It's a pretty good read once you get past the author's three paragraph disclaimer that he is not a communist. The MIT news also ran a short interview discussing the economic trends in August this morning.
Businesses

Is Programming a Lucrative Profession? 844

itwbennett writes "A pamphlet distributed by blogger Cameron Laird's local high school proclaimed that 'Computer Science BS graduates can expect an annual salary from $54,000-$74,000. Starting salaries for MS and PhD graduates can be to up to $100,000' and 'employment of computer scientists is expected to grow by 24 percent from 2010 to 2018.' The pamphlet lists The US Federal Bureau of Labor Statistics as a reference, so how wrong can it be? 'This is so wrong, I don't know where to start,' says Laird. 'There are a lot of ways to look at the figures, but only the most skewed ones come up with starting salaries approaching $60,000 annually, and I see plenty of programmers in the US working for less,' says Laird. At issue, though, isn't so much inaccurate salary information as what is happening to programming as a career: 'Professionalization of programmers nowadays strikes chords more like those familiar to auto mechanics or nurses than the knowledge workers we once thought we were,' writes Laird, 'we're expected to pay for our own tools, we're increasingly bound by legal entanglements, H1B accumulates degrading tales, and hyperspecialization dominates hiring decisions.'"

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MATH AND ALCOHOL DON'T MIX! Please, don't drink and derive. Mathematicians Against Drunk Deriving

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